VIPZ · VIP Play, Inc.
$0.34
At close · Aug 4
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of March 31, 2026, the Company had a working capital deficit of $39.5 million, recurring losses from operations, and negative cash flows from operating activities. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the issuance date of these unaudited condensed consolidated financial statements.”View the 10-Q filed May 15, 2026
Market Cap
$24.98M
Shares
73.46M
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2022-07-21 | Chen Zixiao |
CFO and Treasurer, 10% Owner |
Sell↓
|
Series A Preferred Stock
(I)
|
2,000,000 |
| 2021-12-17 | Lane Steven J |
Director |
Sell↓
|
Common Stock
(I)
|
2,500,000 |
| 2021-12-17 | Chen Zixiao |
CFO and Treasurer, 10% Owner |
Sell↓
|
Common Stock
(I)
|
25,500,000 |
Legend
Buy — open-market purchase
Sell — open-market sale
↑ Shares acquired
↓ Shares disposed (gift, conversion, tax…)
Showing 1–3 of 3 transactions