FEC Resources Inc. (FECOF) Form 20-F — May 15, 2026
FEC Resources Inc. reported a net loss of $282,798 for the fiscal year ended December 31, 2025, with no revenue generated from operations. The company holds a 6.8% equity interest in Forum Energy Limited, which serves as its primary asset, but has no direct cash-generating properties. The filing includes explicit going-concern language, stating there is substantial doubt about the company's ability to continue operations without additional financing.
Key figures
- Eps
- 0
- Total Assets
- 6266000
- Cash Position
- 14864
- Shares Outstanding
- 992646096
- Interest Expense
- 41422
- Investment In FEL
- 6242423
- Accumulated Deficit
- 19422554
- Cash Used In Operations
- 249084
- Short Term Loans Payable
- 40248
AI analysis
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