3 Nov 2022director interest notice● Neutral
William Barrett Wellman became a CoJax Oil & Gas Corp Chief Financial Officer and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 Sept 2022auditor change▼ Bad
CoJax dismissed auditor Haynie & Company (auditor since 2019, going-concern doubt flagged in recent years) and engaged Sadler, Gibb & Associates.
16 Aug 2022late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its quarterly report would be filed late.
12 May 2022financial restatement▼ BadMajor
CoJax had to restate its 2020 and 2021 financials after concluding the Barrister acquisition - which had given Barrister's members voting control of the company - should have been accounted for as a common-control transaction rather than a normal business combination, cutting the reported value of its oil and gas properties from $10 million to $2.7 million (with an equal reduction to stockholders' equity, though no effect on net loss).
1 Apr 2022late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its annual report would be filed late.
22 Nov 2021capital raising announcement▲ GoodMajor
CoJax eliminated the $2.7 million Barrister acquisition debt entirely, exchanging it for 1.35 million shares at $2.00/share with lender Central Operating, which became a major shareholder as a result.
13 Oct 2021debt financing▼ Bad
CoJax again extended the maturity of the $2.7 million note it assumed in the Barrister acquisition, this time from October 2021 to April 2022, signaling continued difficulty paying it down.
8 Oct 2021securities registration● Neutral
CoJax Oil & Gas Corp filed the final prospectus for a registered offering.
15 Sept 2021securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
23 Aug 2021securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
16 Aug 2021securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
20 July 2021securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
24 June 2021securities registration● Neutral
CoJax Oil & Gas Corp registered a securities offering with the SEC.
17 May 2021late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its quarterly report would be filed late.
1 Apr 2021late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its annual report would be filed late.
1 Mar 2021capital raising announcement● Neutral
The board issued small blocks of stock: 5,000 shares each to the CEO and an officer, 310,250 shares to Newbridge Securities for advisory work on the Barrister acquisition, and 100,000 shares to consultants.
22 Jan 2021securities registration● Neutral
CoJax Oil & Gas Corp filed notice of an exempt private placement.
23 Nov 2020securities registration● Neutral
CoJax Oil & Gas Corp filed the final prospectus for a registered offering.
20 Nov 2020asset acquisition disposition▲ GoodMajor
CoJax closed its acquisition of Barrister Energy, LLC, issuing 3.65 million shares to Barrister's members - who thereby took voting control of CoJax - and assuming Barrister's $2.7 million debt, bringing CoJax its first real assets: oil drilling and production leases in Alabama.
16 Nov 2020late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its quarterly report would be filed late.
20 Oct 2020securities registration● Neutral
CoJax Oil & Gas Corp filed the final prospectus for a registered offering.
20 Oct 2020securities registration● Neutral
CoJax Oil & Gas Corp amended an already-effective registration statement.
30 Sept 2020securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
28 Sept 2020securities registration● Neutral
CoJax Oil & Gas Corp registered a securities offering with the SEC.
28 Sept 2020securities registration● Neutral
CoJax Oil & Gas Corp amended an already-effective registration statement.
10 Sept 2020securities registration● Neutral
CoJax Oil & Gas Corp amended an already-effective registration statement.
3 Sept 2020securities registration● Neutral
CoJax Oil & Gas Corp amended a filing by which it registered a securities offering with the SEC.
26 Aug 2020securities registration● Neutral
CoJax Oil & Gas Corp filed notice of an exempt private placement.
13 Aug 2020late filing notice▼ Bad
CoJax Oil & Gas Corp notified the SEC that its quarterly report would be filed late.
28 July 2020capital raising announcement● NeutralMajor
CoJax corrected its June 2020 filing on the planned deal to buy Barrister Energy, LLC: the shares to be issued to Barrister's members are 3,650,000, not the 7,500,000 first stated, and closing is now expected on or before August 7, 2020. The amendment also fixes a transposed ownership figure for Roger McLeod (shown at 2,920,000 shares, 80.00% after the exchange), restates the emerging-growth-company risk factor, and re-posts garbled deal terms (including CoJax's right to rescind and a $100,000 cap on indemnification). The deal has not yet closed; the 3.65M-share figure is the one that later closed in Nov 2020.