JFTH · Japan Food Tech Holdings, Inc. · Exempt Offerings
Substantial doubt about the company's ability to continue as a going concern.
“The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically negative cash flow from operations, minimal revenues, reoccurring net losses, and significant stockholders' deficiency. The Company has not established sufficient revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful.”View the 10-Q filed Oct 1, 2024
3 customers — 83% of revenue (the period ended June 30, 2024)
“For the period ended June 30, 2024, 83% of total revenue was generated from three customers in the amount of $4,379.”
5 customers — 95% of receivables (the period ended June 30, 2024)
“For the period ended June 30, 2024, 95% of total accounts receivable was owed by five customers in the amount of $5,514.”
One customer — 84% of receivables (the year ended March 31, 2024)
“For the year ended March 31, 2024, 84% of total accounts receivable was owed by one customer in the amount of $9,467.”
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.
No Exempt Offerings
No Form D exempt-offering notices are available for this stock yet.