Past year: ▼ 99%(0.01c – 0.88c USD)
Each one in plain English, with the numbers worked through for a shareholder.
24 Sept 2018material agreement● NeutralMajor
The company finished the last of 11 agreements with 14 working interest partners to buy out their interests in its wells, issuing 3,617,556 restricted shares valued at $1,736,427 (based on a $0.48 closing price on June 1, 2018). After this the company says it holds 100% of each of its wells. Two of the deals are with related parties: Petro Pro, Ltd. (controlled by Jed Miesner) and director Tony Alford. The new shares dilute existing holders.
18 July 2018capital raising announcement▲ GoodMajor
On July 18, 2018 the company closed a private placement of 13,620,000 common shares at $0.25 each, raising $3,405,000 from 36 accredited investors, with no warrants attached. This is new cash for the company and more shares outstanding, so existing holders are diluted. It follows the smaller $0.26 placement of March 2017.
What it means for a shareholder
13.6m new shares at $0.250 to raise about $3.4m. That's 15% dilution: every existing holder's slice gets 15% smaller. If you held $1,000 of shares (4,000 at the issue price), your slice goes from 0.00521% to 0.00442% of the company. To keep it you'd need 710 more shares - about $178 at the issue price.
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21 June 2018quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $126 thousand and a net loss of $1.3 million for the period ended 2018-04-30.
18 June 2018quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $126 thousand and a net loss of $1.3 million for the period ended 2018-04-30.
15 June 2018late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its quarterly report would be filed late.
8 June 2018securities registration● Neutral
Amazing Energy Oil & Gas, Co. amended a filing by which it filed notice of an exempt private placement.
26 Mar 2018securities registration● Neutral
Amazing Energy Oil & Gas, Co. amended a filing by which it filed notice of an exempt private placement.
19 Mar 2018quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $116 thousand and a net loss of $1.4 million for the period ended 2018-01-31.
16 Feb 2018director interest notice● Neutral
Amazing Energy Oil & Gas, Co. director Edward John Devereaux Devereaux acquired 10,000 shares at $0.50 under a company stock plan.
6 Feb 2018director interest notice● Neutral
Edward John Devereaux Devereaux became a Amazing Energy Oil & Gas, Co. director and company insider (initial ownership filing).
15 Dec 2017quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $122 thousand and a net loss of $2.7 million for the period ended 2017-10-31.
13 Nov 2017material agreement termination● Neutral
The company and E-Land Ventures, LLC mutually cancelled the September 2017 agreement to acquire acreage in Butler County, Kansas. E-Land is controlled by Willard McAndrew III, the company's CEO. The filing says no title or money changed hands and neither side performed, so there is no financial effect. Note: the filing names McAndrew as CEO, whereas earlier context listed Jed Miesner as CEO/President (a leadership change not explained here).
31 Oct 2017late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its annual report would be filed late.
28 Sept 2017director interest notice● Neutral
Amazing Energy Oil & Gas, Co. director Tony L Alford received 864,057 shares as an equity award and bought 343,874 shares on the open market.
28 Sept 2017director interest notice● Neutral
Amazing Energy Oil & Gas, Co. director Robert G Manning received 381,568 shares as an equity award and bought 40,000 shares on the open market.
28 Sept 2017director interest notice● Neutral
Amazing Energy Oil & Gas, Co. President, CEO & Director Jed Miesner bought 130,000 shares on the open market at $0.23.
25 Sept 2017securities registration● Neutral
Amazing Energy Oil & Gas, Co. filed notice of an exempt private placement.
18 Sept 2017director interest notice● Neutral
Amazing Energy Oil & Gas, Co. Treasurer Robert A Bories bought 130,000 shares on the open market at $0.23.
15 Sept 2017director interest notice● Neutral
Amazing Energy Oil & Gas, Co. COO Reese Pinney bought 30,000 shares on the open market at $0.23.
26 June 2017asset acquisition disposition● NeutralMajor
On June 22, 2017 the company and Kisa sold Kisa's interest in 88 Alaska mining claims to Afranex (Alaska) Limited, a subsidiary of Afranex Gold, for US$300,000, already paid, closed by quit claim deed. This disposes of the Alaska claims once held in the Golden Lynx and North Fork arrangements; the filing does not say whether the 2014 option was the route or how the earlier agreements were treated.
19 June 2017quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $99 thousand and a net loss of $159 thousand for the period ended 2017-04-30.
13 June 2017late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its quarterly report would be filed late.
26 May 2017quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $99 thousand and a net loss of $159 thousand for the period ended 2017-04-30.
6 Apr 2017capital raising announcement● NeutralMajor
The company completed a private placement on March 31, 2017, selling 6,868,484 restricted common shares at $0.26 each to 38 accredited investors and raising $1,785,805.84. This is new cash, with new shares issued to buyers (dilution for existing holders).
22 Mar 2017quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $368 thousand for the period ended 2017-01-31.
17 Mar 2017late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its quarterly report would be filed late.
20 Dec 2016quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $184 thousand and a net loss of $340 thousand for the period ended 2016-10-31.
16 Dec 2016late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its quarterly report would be filed late.
30 Nov 2016director interest notice● Neutral
Amazing Energy Oil & Gas, Co. director Jed Miesner gifted 9,053,617 shares.
8 Nov 2016director interest notice● Neutral
Robert A Bories became a Amazing Energy Oil & Gas, Co. Treasurer and company insider (initial ownership filing).
