Past year: ▼ 100%(0.03c – 9.47c USD)
Each one in plain English, with the numbers worked through for a shareholder.
17 July 2008auditor change● Neutral
The company dismissed its auditor Turner Stone & Company and hired Goldman Parks Kurland Mohidin, LLP (effective July 14, 2008). Turner Stone's reports for fiscal 2008 and 2007 included a going-concern doubt, and the filing reports no disagreements with the auditor.
23 June 2008business combination● NeutralMajor
Notice of an expected change of control: on May 20, 2008 the company agreed to sell 19,426,500 new shares to Mongsource USA, LLC for $200,000 ($0.0103 per share), closing by July 31, 2008. Shares outstanding would rise from 573,500 to 20,000,000, and directors Gilluly and White would be replaced by Philip Liu, Lawrence Kohler and Eric Stoppenhagen. The filing says the company has limited operations and little or no trading in its stock. The Dental Spas deal is not mentioned in the text provided (inference: it did not proceed).
27 May 2008substantial holder notice● Neutral
Chancey White ###-##-#### disclosed a new substantial AuraSource, Inc. shareholding (78.00% of votes).
29 June 2007late filing notice▼ Bad
AuraSource, Inc. notified the SEC that its annual report would be filed late.
15 Feb 2007late filing notice▼ Bad
AuraSource, Inc. notified the SEC that its quarterly report would be filed late.
24 Mar 2006business combination● NeutralMajor
Director Michael McGhee resigned and Chancey White replaced him. On February 23, 2006 the company signed a non-binding letter of intent with Dental Spas LLC for a reverse merger in which Dental Spas members would receive about 96% of the company's stock. It depends on Dental Spas buying 17 dental spas and some distribution rights from BriteSmile, Inc., and on $27 million of funding; definitive agreements were expected in Q2 2006, with no assurance of closing.
13 Aug 2004late filing notice▼ Bad
AuraSource, Inc. notified the SEC that its quarterly report would be filed late.
21 July 2003asset acquisition disposition● NeutralMajor
The company (then named Wolfstone Corporation, now Mobile Nation, Inc.) issued 4,000,000 shares to Mobile Nation, Inc. under a June 16, 2003 acquisition agreement, giving Mobile Nation's shareholders about 97% of the stock and control. Mobile Nation plans wireless broadband services starting in Las Vegas; the old management resigned and a new slate was appointed. The earlier FreeGolfStats.com deal was terminated in May 2003, though its reverse split stayed. Financial statements for the acquisition were promised in a later amendment.
30 June 2000late filing notice▼ Bad
AuraSource, Inc. notified the SEC that its annual report would be filed late.
