MLMC · FrankSpeech Network, Inc. · Debt
$0.89
-0.08 (-7.79%)
At close · Sep 30
Return incl. dividend (before tax)
Going-concern doubt
— flagged Feb 27, 2025
Substantial doubt about the company's ability to continue as a going concern.
“The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company's liabilities significantly exceed its assets, certain notes payable are in default and the Company has generated minimal revenue. This raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Feb 27, 2025
Market Cap
$29.63M
Shares
39.21M
Volume · Sep 30
7761
Avg daily vol (3M)
4412
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of convertible notes payable | 2018-12-31 | USD 388,245 | 10-Q filed 2025-02-27 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.