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Free Flow USA (FFLO) filed its Q3 report showing minimal operations and continued restructuring. For the nine months ended September 30, 2025, the company recorded revenue of $30,000 and a net loss of $46,565, versus a net gain of $731,156 a year ago driven by a prior asset sale. Cash was $24,398 and total current assets were $683,620.
Liabilities rose to $2,084,744 with a stockholders’ deficit of $(1,401,124). Management disclosed “substantial doubt” about the company’s ability to continue as a going concern. On September 29, 2025, the company converted 330,000 Series B and 470,935 Series C preferred shares into $1,194,000 of non‑interest promissory notes with repayment timing pending. Weighted average shares outstanding were 31,000,000.
Subsequent to quarter‑end, the company collected $301,997.26 on a note receivable and settled its Incredible Bank obligation for $205,000, stating it has no borrowings from commercial banks following the settlement.