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Friday 9 October 2026 · Oil, gas and mining explorers, from their own disclosures

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SAXON CAPITAL GROUP INC

5 story beats from 2007 to 2010

The story so far

The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.

2010

  1. 9 Dec

    SAXON CAPITAL GROUP INC deregistered its securities, ending its obligation to file reports with the SEC.

    listing compliance notice

2007

  1. 3 Dec

    USA Superior settled out of the troubled Golden Gate financing, paying $200,000 cash and replacing the $2.5 million debenture with a much smaller $625,000 debenture at deeply discounted conversion terms.

    capital raising announcement

  2. 30 Nov

    USA Superior signed a $2.5 million secured convertible debenture with Golden Gate Investors, but received only $200,000 cash upfront plus a $2.3 million promissory note back from Golden Gate rather than full funding -- and was already negotiating a settlement of the deal by the time it disclosed it.

    capital raising announcement

  3. 9 Feb

    Following the merger, USA Superior's shareholders took control of the renamed company: their 34 million shares represented 64.9% of the stock, CEO Daniel Brailey resigned, and G. Rowland Carey, Jerry Witte and Paul Eads took over as president/directors.

    business combination

  4. 17 Jan

    Nevada shell Comlink Communications reverse-merged with USA Superior Energy, issuing 34 million shares for 100% of USA Superior and adopting a new energy-industry business plan.

    business combination