25 Nov 2013quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $792 thousand for the period ended 2013-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
19 Nov 2013quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $792 thousand for the period ended 2013-09-30.
13 Nov 2013late filing notice▼ Bad
American Sands Energy Corp. notified the SEC that its quarterly report would be filed late.
12 Nov 2013securities registration● Neutral
American Sands Energy Corp. filed notice of an exempt private placement.
16 Oct 2013capital raising announcement● NeutralMajor
Effective September 30, 2013, the company cancelled the 5% convertible note (original $1,446,551, outstanding balance $1,514,516.48), now held by Hidden Peak Partners LC, in exchange for a 10-year warrant for 3,260,000 shares at $0.01. It also cancelled $1,049,349.54 of salary owed to CEO William C. Gibbs in exchange for a 10-year warrant for 2,260,000 shares at $0.01. This resolves the GRR convertible note and the accrued salary as debts, but the new warrants could add shares if exercised, which would dilute existing holders (inference). The attached form of warrant in the exhibit shows 3,030,000 shares, which differs from the 3,260,000 in the agreement text.
5 Sept 2013substantial holder notice● Neutral
Bleeding Rick LLC EIN, William C. Gibbs, Hidden Peak Partners, LC EIN reported a American Sands Energy Corp. shareholding of 16,988,432 shares (47.00% of votes) in a periodic institutional filing.
4 Sept 2013director interest notice● Neutral
William C Gibbs became a American Sands Energy Corp. Chief Executive Officer and company insider (initial ownership filing).
23 Aug 2013capital raising announcement● Neutral
On August 20, 2013 the company borrowed $53,000 from Bleeding Rock, LLC, an entity managed by CEO William C. Gibbs, on a 6% convertible note. The 8-K text gives the due date as August 31, 2014, while the note itself says June 30, 2014. The note converts into stock if the company completes a financing of $2,000,000 or more, at the same price as that financing. This is a small new loan from a related party, following the earlier Bleeding Rock-linked note.
19 Aug 2013quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $483 thousand for the period ended 2013-06-30.
14 Aug 2013late filing notice▼ Bad
American Sands Energy Corp. notified the SEC that its quarterly report would be filed late.
2 July 2013late filing notice▼ Bad
American Sands Energy Corp. notified the SEC that its annual report would be filed late.
2 July 2013director interest notice● Neutral
American Sands Energy Corp. 10%+ owner Life Power & Fuels LLC sold 75,000 shares.
14 Feb 2013quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $663 thousand for the period ended 2012-12-31.
13 Nov 2012quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $724 thousand for the period ended 2012-09-30.
30 Oct 2012securities registration● Neutral
American Sands Energy Corp. filed notice of an exempt private placement.
17 Sept 2012director interest notice● Neutral
American Sands Energy Corp. President Andrew Rosenfeld bought 350,000 shares on the open market at $1.15.
17 Sept 2012director interest notice● Neutral
American Sands Energy Corp. 10%+ owner Life Power & Fuels LLC sold 350,000 shares at $1.15.
28 Aug 2012quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $781 thousand for the period ended 2012-06-30.
27 Aug 2012securities registration● Neutral
American Sands Energy Corp. filed notice of an exempt private placement.
15 Aug 2012late filing notice▼ Bad
American Sands Energy Corp. notified the SEC that its quarterly report would be filed late.
15 Aug 2012quarterly activities report▼ Bad
American Sands Energy Corp. reported quarterly revenue of $0 and a net loss of $781 thousand for the period ended 2012-06-30.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. Chief Executive Officer William C Gibbs received a stock option grant for 75,000 shares.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. director Edward P Mooney received a stock option grant for 75,000 shares.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. director Justin Ransom Swift II received a stock option grant for 75,000 shares.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. director Mark F. Lindsey received a stock option grant for 75,000 shares.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. Chief Financial Officer Daniel F Carlson received a stock option grant for 75,000 shares.
19 June 2012director interest notice● Neutral
American Sands Energy Corp. director Gayle Mckeachnie received a stock option grant for 75,000 shares.
19 Mar 2012securities registration● Neutral
American Sands Energy Corp. filed notice of an exempt private placement.
7 Mar 2012substantial holder notice● Neutral
Steven L. White reported a American Sands Energy Corp. shareholding of 1,195,899 shares (4.30% of votes) in a periodic institutional filing.
23 Feb 2012director interest notice● Neutral
American Sands Energy Corp. Chief Executive Officer William C Gibbs disposed of 2,893,102 shares via option/appreciation-right settlement.