MILLENNIUM ENERGY CORP.

The SEC revoked Millennium Energy Corp.'s securities registration effective June 17, 2013, for failure to file periodic reports - more than three years after its last filing.

registration revoked

The same resource-property valuation restatement was extended to cover the Q3 2009 (Sept 30, 2009) financial statements as well.

financial restatement

Millennium's board determined on December 8, 2009 that its FY2008 annual report and Q1/Q2 2009 financial statements (all originally audited by the now-deregistered Moore & Associates) could no longer be relied on, due to a restatement of the book value of its Slovak uranium property, and would need to be re-filed with restated figures.

financial restatement

Reported a net loss of just $61,849 for the first nine months of 2009 (versus $162,923 for the same period in 2008) as the company sat largely dormant amid its accounting overhaul; cumulative losses since inception reached $316,341. These figures were later folded into the restatement, and this would prove to be the company's last quarterly filing before it stopped reporting altogether.

quarterly activities report

Millennium amended its auditor-change 8-K to disclose the PCAOB's revocation of Moore & Associates Chartered's registration, as directed, and confirmed its new PCAOB-registered auditor would re-audit the prior fiscal year.

auditor change

SEC staff informed the company that on August 27, 2009 the PCAOB had revoked Moore & Associates Chartered's registration entirely, for violations of PCAOB auditing standards, quality-control rules, securities-fraud rules and noncooperation with a PCAOB investigation - and directed Millennium to amend its August auditor-change 8-K to disclose this, and to have its new auditor re-audit the prior year's financials.

auditor change

FY2008 (its first full Form 10-K): cumulative net loss since inception reached $254,492 (still no revenue), while total assets jumped to $6,001,855 - almost entirely the $6,000,000 book value the company assigned its new Slovak uranium property rights (paid for in stock, not cash). This valuation would be restated downward a year later.

annual report

Millennium Energy acquired a 25-year exclusive right (100% undivided interest, subject to a 1% royalty) to the Spišské Vlachy uranium-molybdenum-copper property in Eastern Slovakia (41.4 sq km) from Central European Metals S.R.O., paying entirely in stock - 20,000,000 restricted shares issued September 22, 2008, no cash. The deal also committed Millennium to spend at least €5,000,000 on the property by July 2013.

asset acquisition disposition

Only four months later, effective March 26, 2008, the company renamed itself again - to "Millennium Energy Corp." - via the same internal-merger mechanism, after the planned CBp Carbon Green business could not proceed: its FY2007 annual report would later disclose that a third party, Ariana Intervest Ltd., would not permit the Company to use the CBp name or the associated technology. The company's new direction was uranium exploration.

bylaws amendment

Effective November 29, 2007, the company completed an internal merger with its own subsidiary to rename itself "CBp Carbon Green, Inc." and effected a 15-for-1 forward stock split, taking issued shares from 7,333,333 to 109,999,995 under new ticker CBPG.

bylaws amendment

A change of control: Jana Whitlock agreed to buy out both founders - President/CEO Jacob Perry and Secretary/Treasurer Dejan Mirkovic, 2,500,000 shares each - for $25,000 apiece ($50,000 total), giving her 68.18% of the company; Perry and Mirkovic agreed to resign as officers and directors in her favor.

director officer appointment

The Rule 14f-1 information statement disclosing the same Jana Whitlock change-of-control and board turnover described in the same day's 8-K - a pure private stock purchase and management handover, not an acquisition of any outside business.

director officer appointment