8 Nov 2016director interest notice● Neutral
Tim J Flanagan became a Amazing Energy Oil & Gas, Co. President and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Nov 2016director interest notice● Neutral
Reese Pinney became a Amazing Energy Oil & Gas, Co. COO and company insider (initial ownership filing).
4 Nov 2016director interest notice● Neutral
Art Seligman became a Amazing Energy Oil & Gas, Co. CEO and company insider (initial ownership filing).
4 Nov 2016director interest notice● Neutral
Dan Denton became a Amazing Energy Oil & Gas, Co. CFO and company insider (initial ownership filing).
4 Nov 2016director interest notice● Neutral
Darrell Carey became a Amazing Energy Oil & Gas, Co. director and company insider (initial ownership filing).
28 Oct 2016late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its annual report would be filed late.
29 Aug 2016material agreement● Neutral
On August 25, 2016 the Jilpetco purchase from Jed Miesner was amended: closing moves to August 31, 2016, certain property (including personal property) is excluded, and Miesner may assign the Petro Pro receivables. The $500,000 price is now paid as a 6% amortized note.
16 Aug 2016director interest notice● Neutral
Stephen Salgado became a Amazing Energy Oil & Gas, Co. Secretary and company insider (initial ownership filing).
4 Aug 2016business combination● NeutralMajor
On July 31, 2016 the Gulf South Securities acquisition closed: the company issued 5,373,528 common shares and 2,674,576 warrants to Gulf South Holding and others, 250,000 shares to Delaney, 9,000 Series A preferred to Jed Miesner (10,000 votes each) and 50,000 Series B preferred to Bories Capital. Gulf South Securities is now a wholly owned subsidiary. Gulf South executives replaced the officers and directors, with Arthur Seligman as CEO and Timothy Flanagan as President. Miesner's Series A gives him 60.33% of total voting power. The filing is cut off before the rest of the officer details.
22 July 2016material agreement▼ Bad
On July 18, 2016 the Gulf South Holding agreement was amended again: common shares to the seller rise from 5,349,153 to 5,373,528, and each Series A preferred share goes from 1,000 to 10,000 votes. This means slightly more dilution and more voting power per preferred share. The Jilpetco terms are repeated unchanged at $500,000.
10 June 2016quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $274 thousand for the period ended 2016-04-30.
19 May 2016securities registration● Neutral
Amazing Energy Oil & Gas, Co. filed notice of an exempt private placement.
29 Apr 2016material agreement● NeutralMajor
On April 15, 2016 the company agreed to buy broker-dealer Gulf South Securities from Gulf South Holding for 5,349,153 common shares and 2,674,576 warrants, with preferred stock and debt-to-equity provisions; the closing was moved to May 2, 2016 on April 28. It also restates that the Jilpetco purchase from Jed Miesner is now for $500,000 rather than 500,000 shares, which changes the August 2015 terms.
16 Mar 2016quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $64 thousand for the period ended 2016-01-31.
15 Dec 2015quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $260 thousand for the period ended 2015-10-31.
27 Oct 2015late filing notice▼ Bad
Amazing Energy Oil & Gas, Co. notified the SEC that its annual report would be filed late.
12 Aug 2015material agreement● NeutralMajor
On August 10, 2015 the company agreed to buy Jilpetco, Inc., an oilfield operating and services business, from its president Jed Miesner for 500,000 restricted shares of common stock. This is a related-party deal, and Jilpetco would become a wholly owned subsidiary.
6 Aug 2015auditor change▼ BadMajor
This amends a March 2015 filing after SEC comments. AEI's auditor MaloneBailey withdrew its January 22, 2015 audit report on AEI's July 31, 2014 and 2013 financials because of an independence problem (it helped prepare the statements), then reissued the report under AICPA standards. The company says DeCoria, Maichel & Teague remains its auditor, and the fiscal year end changes to July 31. The filing does not say the numbers themselves changed.
8 July 2015capital raising announcement● NeutralMajor
On July 1, 2015 the company completed an exchange of 21,215,038 restricted common shares for 9,207,303 Amazing Energy, Inc. shares, making AEI a wholly owned subsidiary. This continues the October 2014 AEI deal by bringing in more AEI holders, and issues more shares.
16 June 2015substantial holder notice● Neutral
JLM STRATEGIC INVESTMENTS, LP, CORNERSTONE FIDELITY CAPITAL LLC, JED MIESNER disclosed a new substantial Amazing Energy Oil & Gas, Co. shareholding (67.52% of votes).
15 June 2015quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $14.4 million for the period ended 2015-04-30.
22 Apr 2015securities registration● Neutral
Amazing Energy Oil & Gas, Co. filed notice of an exempt private placement.
18 Mar 2015quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $271 thousand for the period ended 2015-01-31.
17 Mar 2015quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported a quarterly net loss of $271 thousand for the period ended 2015-01-31.
12 Nov 2014quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $0 and a net loss of $259 thousand for the period ended 2014-09-30.
9 Oct 2014material agreement▼ BadMajor
On October 7, 2014 Gold Crest agreed to sell certain Amazing Energy, Inc. shareholders 384,848,504 restricted common shares and 79,755 Series A convertible preferred shares, in exchange for their 12,829,000 AEI shares. Each preferred share converts into 10,000 common shares once authorized common stock is increased to allow 797,550,000 additional shares. For existing holders this is very large potential dilution and a change of control; the filing does not itself call it a reverse merger (inference: it is the start of the Amazing Energy combination).
4 Sept 2014material agreement● NeutralMajor
On September 2, 2014 Gold Crest and Kisa gave Afranex Gold an exclusive option, expiring December 31, 2015, to buy either all of Kisa's stock or Kisa's mining permits and related assets. Afranex owes a non-refundable $20,000 fee and would pay $380,000 on exercise; it has also lent Gold Crest $80,000. North Fork LLC is a party to the agreement; the filing does not explain how this fits with the 2011 earn-in.
25 Aug 2014securities registration● Neutral
Amazing Energy Oil & Gas, Co. filed notice of an exempt private placement.
12 Aug 2014quarterly activities report▼ Bad
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $0 and a net loss of $32 thousand for the period ended 2014-06-30.
13 May 2014quarterly activities report● Neutral
Amazing Energy Oil & Gas, Co. reported quarterly revenue of $0 and net income of $229 thousand for the period ended 2014-03-31.