Video River Networks, INC

Market Movers (8-K)

OTC.Pink
Video River Networks, Inc. has immediately terminated its independent registered public accounting firm following the firm's suspension by the SEC.
Delay expected
Worse than expected
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Video River Networks, Inc. has been named as a defendant in a lawsuit filed by the U.S. Securities and Exchange Commission, alongside Givemepower Corporation and several individuals and entities.
Worse than expected
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Video River Networks has replaced its independent auditor, DylanFloyd Accounting & Consulting, with OLAYINKA OYEBOLA & CO., effective June 20, 2024.

Quarterly Earnings (10-Q)

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Video River Networks, Inc. reports zero revenue and a growing accumulated deficit, raising substantial doubt about its ability to continue as a going concern, while facing an SEC enforcement action.
Capital raise
Worse than expected
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Video River Networks reports no revenue and a net loss for Q1 2025 as it continues its transition towards Electric Vehicles, Artificial Intelligence, Machine Learning, and Robotics (EV-AI-ML-R) sectors.
Worse than expected
Capital raise
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Video River Networks reports a net income of $1.486 million for the nine months ended September 30, 2024, primarily due to the disposition of an operating subsidiary, while transitioning its business focus to electric vehicles, AI, machine learning, and robotics.
Worse than expected
Capital raise
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Video River Networks reported a significant decrease in revenue for the second quarter of 2024, alongside a strategic shift towards technology-focused businesses.
Worse than expected
Capital raise
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Video River Networks reported a net income of $1.53 million for the first quarter of 2024, primarily driven by the disposition of an operating unit.
Better than expected
Capital raise

Annual Reports (10-K)

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Video River Networks reports its FY24 results, highlighting a shift towards Electric Vehicle (EV) acquisitions while acknowledging substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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Video River Networks, Inc. reports its 2023 financial results and details its strategic pivot towards electric vehicles, artificial intelligence, machine learning, and robotics.
Capital raise
Worse than expected