9 Oct 2020securities registration● Neutral
American Resources Corp filed a prospectus supplement for an offering off its existing shelf.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 July 2020quarterly activities report● Neutral
American Resources Corp reported quarterly revenue of $227 thousand and net income of $1.3 million for the period ended 2020-06-30.
23 July 2020quarterly activities report● Neutral
American Resources Corp reported quarterly revenue of $227 thousand and net income of $1.3 million for the period ended 2020-06-30.
21 July 2020director interest notice● Neutral
Michael G. Layman became a American Resources Corp director and company insider (initial ownership filing).
17 July 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
17 July 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
30 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
30 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
24 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
24 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
17 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 486 shares on the open market.
17 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 729 shares on the open market.
16 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
16 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
11 June 2020auditor change● Neutral
American Resources dismissed MaloneBailey LLP as its independent auditor; MaloneBailey's prior opinions had included a going-concern qualifier but no disagreements over accounting.
8 June 2020listing compliance notice▼ Bad
American Resources received a third Nasdaq compliance notice, this time for falling below the $2.5 million minimum stockholders'-equity requirement.
8 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
8 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
1 June 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 120 shares on the open market.
1 June 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 80 shares on the open market.
14 May 2020asset acquisition disposition▲ Good
American Resources unwound its February 2019 Empire Kentucky Land acquisition, selling it back to the original owners in exchange for the return of the 2 million shares it had issued and cancellation of the related $2 million note - divesting land it deemed idle and outside its five-year plan.
13 May 2020late filing notice▼ Bad
American Resources Corp notified the SEC that its annual report would be filed late.
11 May 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 5,364 shares on the open market.
11 May 2020director interest notice● Neutral
American Resources Corp President Thomas M. Sauve bought 5,364 shares on the open market.
11 May 2020director interest notice● Neutral
American Resources Corp Chief Executive Officer Mark C. Jensen bought 500 shares on the open market.
24 Apr 2020debt financing● Neutral
American Resources received a $2.7 million Paycheck Protection Program loan under the federal CARES Act as the COVID-19 pandemic hit.
8 Apr 2020material agreement● Neutral
American Resources closed an initial $13.4 million of convertible debt - mostly refinancing existing obligations - with room to raise up to $25 million total, convertible into stock at $1.05 per share and carrying 12.5% interest.
27 Mar 2020listing compliance notice▼ Bad
American Resources filed an amended version of its independent-director/audit-committee Nasdaq deficiency notice with no change to the underlying issue.
13 Mar 2020listing compliance notice▼ Bad
American Resources fell out of compliance with Nasdaq's independent-director and audit-committee rules after a director resigned, triggering a separate compliance notice with a cure period into 2021.
18 Nov 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $1.8 million and a net loss of $7.3 million for the period ended 2019-09-30.