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Rocky Mountains Group Ltd, a Nevada corporation headquartered in Auckland, reported results for the year ended May 31, 2026 from its financial-literacy seminar business in New Zealand. Revenue was $25,000, generating a net loss of $23,640 and an accumulated deficit of $51,208.
Total assets were $18,636, including cash and cash equivalents of $15,131, against accrued liabilities of $8,500, leaving stockholders’ equity of $10,136. The auditor and management state that these conditions raise substantial doubt about the company’s ability to continue as a going concern.
The company has 23,200,000 common shares outstanding; CEO Zonghan Wu owns 19,300,000 shares, or 83.2%. Operations currently consist of a single one-on-one online seminar product, with two employees and heavy revenue concentration in a small number of customers, while internal controls include disclosed material weaknesses and no audit committee.