SRCO · Sparta Commercial Services, Inc. · Fails to Deliver
$0.07
0.00 (-1.96%)
At close · Oct 21
Return incl. dividend (before tax)
Going-concern doubt
— flagged Sep 21, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of July 31, 2026, the Company had an accumulated deficit of $72,289,995 and a working capital deficit (total current liabilities exceeded total current assets) of $11,842,251. The Company's cash balance and revenues generated are not currently sufficient and cannot be projected to cover its operating expenses for the next twelve months from the filing date of this report. These factors among others raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.”View the 10-Q filed Sep 21, 2026
Market Cap
$3.93M
Shares
56.21M
Volume · Oct 21
10K
Avg daily vol (25 sessions)
30.2K
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.