Home / Going-concern warnings / Bespoke Extracts, Inc.
Filed 2025-04-21 路 Form 10-K 路 Accession 0001213900-25-033608 nano
Price before filing: $0.0788 (2025-04-17 close, split/dividend-adjusted)
Market cap at flag: $878,651 (2025-04-21) 路 Latest: $5,625 (2026-10-15)
| Window | BSPK | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +29.9% | +10.7% | +19.2% | 2025-05-21 |
| 90 days | +185.5% | +19.8% | +165.7% | 2025-07-21 |
| 180 days | +204.6% | +28.3% | +176.4% | 2025-10-20 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider bought $1K (4 purchases)
30 days after: 1 insider bought $210 (2 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-01-22 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 4,500 | $0.11 | $495 | no | Form 4 |
| 2025-01-23 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 3,500 | $0.10 | $350 | no | Form 4 |
| 2025-01-30 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,000 | $0.11 | $110 | no | Form 4 |
| 2025-01-31 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 2,000 | $0.11 | $220 | no | Form 4 |
| 2025-04-21: red flag filed | |||||||
| 2025-05-09 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,000 | $0.11 | $110 | no | Form 4 |
| 2025-05-12 | FEINSOD MICHAEL CEO, Director, 10% owner | Purchase | 1,000 | $0.10 | $100 | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-21 to 2025-05-21. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"This raises substantial doubt about our ability to continue as a going concern for the next 12 months."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2024-12-31)
Why this score: also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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