UMEW · UMeWorld Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These conditions, together with recurring operating losses and reliance on external financing, raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the consolidated financial statements are issued. Management's plans to alleviate this substantial doubt include: · pursuing additional business arrangements and growth opportunities in the functional nutrition and health-and-wellness markets through Dagola; · expanding distribution channels and product offerings to increase revenues; and · seeking additional capital through promissory notes, private placements, and other financing transactions. There can be no assurance that these plans will be successful or that additional financing will be available on acceptable terms, or at all.”View the 10-Q filed Aug 13, 2026
2 customers — 56% of revenue (the nine months ended June 30, 2026)
“For the nine months ended June 30, 2026, two customers accounted for approximately 55.99% and 43.58%, respectively, of the Company's total revenue.”
2 customers — 43.6% of revenue (the nine months ended June 30, 2026)
“For the nine months ended June 30, 2026, two customers accounted for approximately 55.99% and 43.58%, respectively, of the Company's total revenue.”
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.
No Exempt Offerings
No Form D exempt-offering notices are available for this stock yet.