Premier Air Charter Holdings Inc. (PREM): Going concern doubt
Severity scores the disclosed filing signal, not a judgment about the company or its securities.
What was disclosed
s future working capital needs will prove accurate or that any additional funding will be sufficient to continue operations. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1.
Why it matters
A going-concern disclosure reflects substantial doubt about the company's ability to continue operating.