Quarterly ResultApr 22, 2026, 05:06 PM
Winning Catering Group Reports Zero Cash & Assets in Q1 2026
AI Summary
Winning Catering Group, Inc. (WNHK) filed its Form 10-Q for the quarter ended March 31, 2026, reporting a significant deterioration in its financial position. The company's cash and total assets dropped to zero from $5,912 at the end of 2025. Concurrently, total liabilities surged to $60,307, primarily due to an increase in amounts owed to a related party. The company also confirmed its status as a shell company.
Key Highlights
- Cash balance dropped to $0 as of March 31, 2026, from $5,912.
- Total assets decreased to $0 from $5,912 at year-end 2025.
- Total liabilities increased to $60,307, primarily due to related party debt.
- Company confirmed its status as a shell company.
- 704,043,324 common shares outstanding as of April 22, 2026.