17 July 2017listing compliance notice▼ BadMajor
Borneo Resource Investments Ltd. deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 July 2015director interest notice● Neutral
Terrence Kirk Filbert became a Borneo Resource Investments Ltd. Managing Director - Asia and company insider (initial ownership filing).
26 May 2015director interest notice● Neutral
Hon Wai Ku became a Borneo Resource Investments Ltd. Chief Financial Officer and company insider (initial ownership filing).
19 May 2015quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported a quarterly net loss of $1.2 million for the period ended 2015-03-31.
15 May 2015late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
1 Apr 2015late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its annual report would be filed late.
19 Nov 2014quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported quarterly revenue of $547 thousand and a net loss of $346 thousand for the period ended 2014-09-30.
14 Nov 2014late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
24 Oct 2014director interest notice● Neutral
Borneo Resource Investments Ltd. Chief Financial Officer Ronald Scott Chaykin sold 25,000 shares at $0.20.
16 Oct 2014director interest notice● Neutral
Borneo Resource Investments Ltd. Chief Financial Officer Ronald Scott Chaykin sold 50,000 shares at $0.20.
19 Aug 2014quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported quarterly revenue of $554 thousand and a net loss of $118 thousand for the period ended 2014-06-30.
15 Aug 2014late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
23 July 2014director interest notice● Neutral
Borneo Resource Investments Ltd. Chief Financial Officer Ronald Scott Chaykin sold 125,000 shares at $0.20.
12 June 2014director interest notice● Neutral
Borneo Resource Investments Ltd. Chief Financial Officer Ronald Scott Chaykin received a stock option grant for 5,000,000 shares.
2 June 2014substantial holder notice● Neutral
ASHER ENTERPRISES, INC. EIN reported no remaining Borneo Resource Investments Ltd. shareholding in its periodic institutional filing.
20 May 2014quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported quarterly revenue of $384 thousand and a net loss of $174 thousand for the period ended 2014-03-31.
15 May 2014late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
31 Mar 2014late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its annual report would be filed late.
23 Dec 2013material agreement▲ GoodMajor
Borneo restructured what it owed for Talawaan, the gold property bought in June 2013: the balance falls by $2,500,000, from $4,650,000 to $2,150,000, in exchange for 100,000 Borneo shares and a non-interest-bearing promissory note. This resolves part of the debt from the June purchase but issues new shares to the seller, which dilutes existing holders. The company's press release says that, on a pro forma basis, the restructuring would have turned a $595,052 stockholders' deficit at September 30, 2013 into $1.9 million of equity.
6 Dec 2013substantial holder notice● Neutral
ASHER ENTERPRISES, INC. EIN disclosed a new substantial Borneo Resource Investments Ltd. shareholding (9.99% of votes).
15 Nov 2013late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
15 Nov 2013quarterly activities report● Neutral
Borneo Resource Investments Ltd. reported quarterly revenue of $508 thousand and net income of $68 thousand for the period ended 2013-09-30.
19 Aug 2013quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported quarterly revenue of $213 thousand and a net loss of $95 thousand for the period ended 2013-06-30.
15 Aug 2013late filing notice▼ Bad
Borneo Resource Investments Ltd. notified the SEC that its quarterly report would be filed late.
14 June 2013asset acquisition disposition● NeutralMajor
Borneo agreed to buy 90% of PT Puncak Kalabat (45,000 shares) through its CEO Nils Ollquist for about US$4,500. Ollquist holds the shares for the company until Indonesian investment board (BKPM) approval, then sells them to the company for $4,500. The company replaced the March agreements with new ones with the property owner, Sanding Longdong. Talawaan (the 50-hectare property) carries a $4,895,000 payable and Ratatotok a $1,995,000 payable, with $2,500,000 and $450,000 due by June 30 and the balances due December 31, 2013. Grace Sarendatu, who sold shares in the deal and has long served as the company's lawyer, was also elected a director. Note that the CEO and a director were counterparties to the share sale.
15 May 2013quarterly activities report▼ Bad
Borneo Resource Investments Ltd. reported a quarterly net loss of $182 thousand for the period ended 2013-03-31.
4 Apr 2013director interest notice● Neutral
Nils Ollquist became a Borneo Resource Investments Ltd. Chief Executive Officer and company insider (initial ownership filing).
1 Apr 2013director interest notice● Neutral
George F. Matin became a Borneo Resource Investments Ltd. company insider (initial ownership filing).
28 Mar 2013material agreement● NeutralMajor
Borneo signed a second purchase agreement with PT Puncak Kalabat, for a 30-hectare property at Ratatotok in Southeast Minahasa, for $2,000,000: $5,000 at signing, $45,000 by April 30, $450,000 by June 30 and $1,500,000 by December 31, 2013. The press release says the property has no mining operations and that the company is in advanced talks on financing, which it has not yet announced. This adds to the earlier gold property commitment.
11 Mar 2013material agreement● NeutralMajor
Borneo replaced the February option with a purchase agreement with PT Puncak Kalabat for the same gold property, still $5,000,000 in total but on a new schedule: $55,000 at signing, $50,000 by March 31, $395,000 by April 30, $2,500,000 by June 30 and $2,000,000 by December 31, 2013. The press release also says the CEO lent the company $250,000 on an unsecured five-year note at 5%.