SITS · Southern Its International, Inc. · Exempt Offerings
$0.05
+0.00 (+1.08%)
At close · Sep 17
Going-concern doubt
— flagged Jan 11, 2024
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue its operations is dependent on Management's plans, which include the raising of capital through debt and/or equity markets with some additional funding from other traditional financing sources, including term notes, until such time that funds provided by operations are sufficient to fund working capital requirements.”View the 10-Q filed Jan 11, 2024
Market Cap
$4.89M
Shares
104.32M
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.