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SELL · PREM

Sell PREM by Aug 15, 2026.

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_SG9reddit
via r/stocks
· Published May 17, 2026 16:06 · Valid until Aug 15, 2026 · ACTIVE
Entry
$0.07
Now
$0.07 +0.0%
Target
Score
Premier Air Charter Holdings filed a 10-Q on May 15 with going-concern language. The filing states substantial doubt about the company's ability to continue operating, citing global economic conditions and market volatility. The balance sheet: \- Revenue: $7.2M \- Gross profit: $537K \- Accounts receivable: $3.5M \- Cash: $288K \- Debt: $3.85M Cash position is 7.5% of total debt and roughly equal to one month of operating expenses. The accounts receivable to cash ratio (12x) suggests collections are stretched. The …