FORUM MARKETS Inc

Forum Markets — distressed micro financial firm with no liquidity.

Strengths

• None material

Risks

• Operating margin -36; current ratio 0.33
• Going-concern risk; sub-scale

Notable findings

• RestatementReverse Stock Split On October 14, 2025, the Company filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation, as amended, to effect a 1-for-10 reverse stock 8-K ↗
• Exec changeRecent 8-K item 5.02 8-K ↗
• Net lossNet loss (net margin -6881.3%)
• Weak liquidityCurrent ratio 0.33 (<1)
• Buying back stockNet buyback — share count -76%/yr over 1y