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CannAwake Corp

US:CANX
No current share price held for this company.

Past year: ▼ 90%(0.01c – 0.10c USD)

Market cap
—
Shares on issue
—
Story beats
21 since 2001
Last event
12 Dec 2018

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

21 Dec 2018financial restatement● Neutral

This amendment only adds a letter from MaloneBailey, dated December 20, 2018, agreeing with the company's statement that the June 30, 2018 quarterly report should not be relied on; the auditor takes no position on the other statements. It adds no new facts beyond the December 12 restatement notice.

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12 Dec 2018financial restatement▼ BadMajor

On December 6, 2018, after the auditor MaloneBailey advised it to re-evaluate, the company (now CannAwake Corporation, based in Nipton, CA) said its June 30, 2018 quarterly financials should not be relied on. The error was a 'deemed dividend' charged on the Series A preferred stock held by its controlling stockholder; it will be removed in a restated quarterly report. The filing gives no dollar amount for the error.

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14 Nov 2018late filing notice▼ Bad

CannAwake Corp notified the SEC that its quarterly report would be filed late.

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31 Oct 2018quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $383 thousand for the period ended 2018-09-30.

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13 Aug 2018late filing notice▼ Bad

CannAwake Corp notified the SEC that its quarterly report would be filed late.

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18 May 2018quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $703 thousand for the period ended 2018-06-30.

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15 May 2018late filing notice▼ Bad

CannAwake Corp notified the SEC that its quarterly report would be filed late.

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9 Apr 2018business combination▼ BadMajor

The Nipton deal closed (filing cites April 5, 2018): the company issued 160,000 Series A preferred shares, convertible into 160,000,000 common shares, to American Green for all of Nipton, Inc., which owns the real estate in the township of Nipton, California. American Green now holds about 82% of the common stock and will manage the project under a 10-year contract; Santiago Peralta resigned as director and Interim CEO. The company says it is shifting from oil and gas to cannabis-oriented real estate development, says it sold its Argentine oil and gas business (SAHF) while keeping rights to part of some sale proceeds (the filing gives the year as '1917', evidently a typo), and plans to sell its remaining U.S. oil and gas investments. This completes the March agreement, ends the Argentina focus in the earlier history, and dilutes existing holders.

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29 Mar 2018late filing notice▼ Bad

CannAwake Corp notified the SEC that its annual report would be filed late.

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23 Mar 2018material agreement▼ BadMajor

On March 19, 2018 the company (then named Delta International Oil & Gas) signed an agreement, dated March 14, 2018, to buy all of Nipton, Inc. from American Green, Inc. in exchange for Series A preferred stock convertible into 160,000,000 common shares. If it closes as expected in the next several weeks, American Green would own about 82% of the common stock, so existing shareholders would be heavily diluted and control would change.

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5 Mar 2018director interest notice● Neutral

Stoegbauer Scott Stephen became a CannAwake Corp director and company insider (initial ownership filing).

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27 Feb 2018director interest notice● Neutral

Malcolm Willard Sherman became a CannAwake Corp director and company insider (initial ownership filing).

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14 Nov 2017quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $57 thousand for the period ended 2017-09-30.

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21 Aug 2017quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $57 thousand for the period ended 2017-09-30.

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15 Aug 2017late filing notice▼ Bad

CannAwake Corp notified the SEC that its quarterly report would be filed late.

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15 May 2017quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $90 thousand for the period ended 2017-03-31.

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14 Nov 2016quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $84 thousand for the period ended 2016-09-30.

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15 Aug 2016quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $84 thousand for the period ended 2016-09-30.

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16 May 2016quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $295 thousand for the period ended 2016-06-30.

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31 Mar 2016late filing notice▼ Bad

CannAwake Corp notified the SEC that its annual report would be filed late.

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16 Nov 2015quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $146 thousand for the period ended 2015-09-30.

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14 Aug 2015quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $146 thousand for the period ended 2015-09-30.

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15 May 2015quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $152 thousand for the period ended 2015-06-30.

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30 Mar 2015late filing notice▼ Bad

CannAwake Corp notified the SEC that its annual report would be filed late.

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12 Nov 2014quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $1.3 million for the period ended 2014-09-30.

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14 Aug 2014quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $1.3 million for the period ended 2014-09-30.

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15 May 2014quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $232 thousand for the period ended 2014-06-30.

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31 Mar 2014late filing notice▼ Bad

CannAwake Corp notified the SEC that its annual report would be filed late.

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18 Nov 2013quarterly activities report▼ Bad

CannAwake Corp reported a quarterly net loss of $299 thousand for the period ended 2013-09-30.

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13 Nov 2013late filing notice▼ Bad

CannAwake Corp notified the SEC that its quarterly report would be filed late.

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