Rapid Line Inc. (RPDL) Form 10-Q — Sep 14, 2026
Rapid Line Inc.'s 10-Q for the quarter ended July 31, 2026 shows zero revenue, a $42,900 net loss ($92,199 for the six months), just $8,692 in cash, and stockholders' equity of negative $160,698. Management disclosed substantial doubt about the company's ability to continue as a going concern and said it has no arrangements in place for any future financing, though it must raise additional funds within the next twelve months. The company is a development-stage Wyoming shell incorporated in January 2022, built around its KIDWIN mobile application and online education platform, and has never generated revenue.
Key figures
- Eps
- 0
- Revenue
- 0
- Total Debt
- 189596
- Total Assets
- 28898
- Cash Position
- 8692
- Shares Outstanding
- 3632750
- Nol carryforward
- 68886
- Stock price spike
- below ~$0.20 to ~$2.00 within 48 hours, ~$3.67 on Aug 25, 2026, collapsed to ~$0.12 by early September 2026
- Mobile app intangible
- 41000
- Related party payable
- 188249
- Disclosure controls effective
- No
- Prior year six month net income
- 70086
AI analysis
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