Aug. 7 at 8:15 PM
$HUDI "Liquidity and Capital Resources
As of March 31, 2025 and September 30, 2024, we had cash and cash equivalents of
$9,205,552 and
$18,118,456, respectively. We believe that our current cash, cash to be generated from our operations and access to capital market will be sufficient to meet our working capital needs for at least the next twelve months. However, we do not have any amounts committed to be provided by our related party. We are also not dependent upon future financing to meet our liquidity needs for the next twelve months. However, we plan to expand our business to implement our growth strategies in our existing market and strengthen our position in the marketplace. To do so, we will need more capital through equity financing to increase our production and meet market demands." Which means, the company will raise money and as long as they announce their plans the stock will skyROCKET!.
