SITS · Southern Its International, Inc. · Fails to Deliver
$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
Fails to deliver — shares from a trade that were not delivered to the buyer by the settlement date — published by the SEC twice a month. Persistent fails can reflect settlement problems or naked short selling.