RITE · MINERALRITE Corp
$0.00
+0.00 (+0.00%)
At close · Sep 2
Going-concern doubt
— flagged Aug 7, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company has incurred operating losses since inception and currently does not generate sufficient revenue to sustain operations without external funding. As of the date of this report, the Company's available cash is not sufficient to meet its projected working capital needs for the next twelve months. These factors raise substantial doubt about the Company's ability to continue as a going concern. ... Management believes that its plans, if successfully implemented, may mitigate the conditions that raise substantial doubt about the Company's ability to continue as a going concern; however, there can be no assurance that such plans will be successful. As a result, substantial doubt about the Company's ability to continue as a going concern has not been alleviated as of the date of these financial statements.”View the 10-Q filed Aug 7, 2026
Market Cap
$10.00M
Shares
6.25B
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.