20 July 2023securities registration● Neutral
CODE GREEN APPAREL CORP filed a Regulation A offering statement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Sept 2021substantial holder notice● Neutral
CAREBOURN CAPITAL, L.P. EIN disclosed a new substantial CODE GREEN APPAREL CORP shareholding (8.39% of votes).
17 Sept 2021substantial holder notice● Neutral
CAREBOURN CAPITAL, L.P. EIN disclosed a new substantial CODE GREEN APPAREL CORP shareholding (7.60% of votes).
10 Sept 2021substantial holder notice● Neutral
CAREBOURN CAPITAL, L.P. EIN disclosed a new substantial CODE GREEN APPAREL CORP shareholding (9.90% of votes).
8 June 2021listing compliance notice▼ BadMajor
CODE GREEN APPAREL CORP deregistered its securities, ending its obligation to file reports with the SEC.
14 Jan 2019substantial holder notice● Neutral
Oscaleta Partners LLC disclosed a new substantial CODE GREEN APPAREL CORP shareholding (5.40% of votes).
2 Feb 2018capital raising announcement▼ BadMajor
The company signed the employment agreement with Steve Short that was a condition of the Designer Apparel deal: he becomes Vice President of Sales and Marketing at $8,000 per month for an initial 12 months. It also sold Carebourn Capital a $92,000 12% convertible note due January 29, 2019, with $250 daily payments from March 1, 2018. The note converts after 90 days at 58% of the lowest quoted price over 25 trading days, with extra discounts on certain failures, and the filing warns of significant dilution if it is not repaid in cash. This resolves the employment-agreement point left open in the January 18 filing, and it continues the stream of discounted convertible notes, including an earlier Carebourn note.
23 Jan 2018asset acquisition disposition● NeutralMajor
On January 18, 2018 the company completed a share exchange to acquire Designer Apparel Group, LLC from its sole member, Steve Short, which became a wholly-owned subsidiary. The company owes Mr. Short $50,000 in cash ($25,000 within 30 days, $25,000 within 180 days) and up to 10 million restricted shares (5M at closing, 2.5M each after the first and second anniversaries if he is still employed). If the company goes bankrupt within 10 years, Mr. Short can buy back Designer Apparel for $10. This adds a second apparel business to the 10Star accounts bought in 2016 and will dilute shareholders through new shares.
25 Aug 2017quarterly activities report▼ Bad
CODE GREEN APPAREL CORP reported a quarterly net loss of $385 thousand for the period ended 2017-06-30.
11 Aug 2017late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its quarterly report would be filed late.
16 June 2017capital raising announcement▼ BadMajor
The company raised more money through three more convertible notes: $32,500 from Power Up Lending Group (9%, due Feb 28, 2018), $100,000 from JSJ Investments (10%, payable on demand after Feb 25, 2018) and $150,000 from Auctus Fund (10%, due March 5, 2018, with $100,000 paid at closing and $50,000 due within 45 days). Each converts into shares at a discount to recent low trading prices (65%, 55% and 58% of the stated price measures), and the filing warns shareholders may be diluted if the notes are not repaid in cash. This continues the April 2017 pattern of discounted convertible borrowing.
5 June 2017director interest notice● Neutral
Thomas Harly Witthuhn became a CODE GREEN APPAREL CORP COO and company insider (initial ownership filing).
5 June 2017director interest notice● Neutral
III George J Powell became a CODE GREEN APPAREL CORP CEO, Interim CFO & Secretary and company insider (initial ownership filing).
25 May 2017quarterly activities report● Neutral
CODE GREEN APPAREL CORP reported quarterly revenue of $33 thousand and net income of $111 thousand for the period ended 2017-03-31.
18 May 2017auditor change● Neutral
The company said its auditor Patrick D. Heyn, CPA, P.A. merged into Soles, Heyn & Company, LLP effective January 1, 2017, so Heyn resigned and the new firm was engaged the same day. The filing reports no disagreements and says Heyn completed no audit reports for 2015 or 2016. It is a routine change caused by the auditor's merger.
15 May 2017late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its quarterly report would be filed late.
26 Apr 2017capital raising announcement▼ BadMajor
In April 2017 the company borrowed through two convertible notes: a $32,500 debenture from Sojourn Investments, LP (10%, due January 12, 2018) and a $135,575 note from Carebourn Capital, L.P. (12%, due April 17, 2018, with daily payments of $565). Both can be converted into shares at a discount to market (58% and 50% of a recent low-price average), and the filing itself warns shareholders may be diluted if they are not repaid in cash.
31 Mar 2017late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its annual report would be filed late.
21 Nov 2016quarterly activities report● Neutral
CODE GREEN APPAREL CORP reported quarterly revenue of $209 thousand and net income of $1.2 million for the period ended 2016-09-30.
14 Nov 2016late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its quarterly report would be filed late.
1 Sept 2016securities registration● Neutral
CODE GREEN APPAREL CORP filed the final prospectus for a registered offering.
22 Aug 2016quarterly activities report▼ Bad
CODE GREEN APPAREL CORP reported quarterly revenue of $10 thousand and a net loss of $1.6 million for the period ended 2016-06-30.
15 Aug 2016late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its quarterly report would be filed late.
10 Aug 2016listing compliance notice▼ Bad
CODE GREEN APPAREL CORP withdrew a registration statement, abandoning the offering it covered.
13 July 2016asset acquisition disposition● NeutralMajor
By 2016 the company is again named Code Green Apparel Corp. and is based in Laguna Beach, CA. On June 23, 2016 it bought substantially all the assets of apparel maker 10Star LLC, including the "On the Border" and "7-Eleven" accounts, for $50,000 cash, 5 million restricted shares and a $200,000 unsecured note due June 23, 2018 at 10% interest. It also issued 7 million restricted shares to two new executive vice presidents, Aaron Luna and J.B. Hill, and must pay 50% of gross profits on the purchased accounts to 10Star until the note is paid. The filing as shown does not mention the earlier Russian gold business.
14 June 2016securities registration● Neutral
CODE GREEN APPAREL CORP amended a filing by which it registered a securities offering with the SEC.
23 May 2016quarterly activities report▼ Bad
CODE GREEN APPAREL CORP reported quarterly revenue of $18 thousand and a net loss of $485 thousand for the period ended 2016-03-31.
17 May 2016late filing notice▼ Bad
CODE GREEN APPAREL CORP notified the SEC that its quarterly report would be filed late.
20 Apr 2016securities registration● Neutral
CODE GREEN APPAREL CORP amended a filing by which it registered a securities offering with the SEC.
11 Apr 2016securities registration● Neutral
CODE GREEN APPAREL CORP amended a filing by which it registered a securities offering with the SEC.