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Continental Resources Group, Inc.

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

Past year: ▲ 68%(44.34 – 74.27 USD)

Market cap
—
Shares on issue
—
Story beats
10 since 2011
Last event
5 Mar 2013

Announcements, explained

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

26 July 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 6,904,126 shares (7.30% of votes) in a periodic institutional filing.

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20 July 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 6,849,126 shares (7.20% of votes) in a periodic institutional filing.

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12 July 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 6,349,126 shares (6.70% of votes) in a periodic institutional filing.

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6 July 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 6,119,126 shares (6.40% of votes) in a periodic institutional filing.

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2 July 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 6,049,126 shares (6.40% of votes) in a periodic institutional filing.

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21 June 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 5,699,126 shares (6.00% of votes) in a periodic institutional filing.

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30 May 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 5,382,261 shares (5.70% of votes) in a periodic institutional filing.

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22 May 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 5,194,864 shares (5.50% of votes) in a periodic institutional filing.

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17 May 2012quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $37 thousand for the period ended 2012-06-30.

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16 May 2012late filing notice▼ Bad

Continental Resources Group, Inc. notified the SEC that its quarterly report would be filed late.

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2 Apr 2012quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $9.5 million for the period ended 2012-03-31.

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30 Mar 2012late filing notice▼ Bad

Continental Resources Group, Inc. notified the SEC that its annual report would be filed late.

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28 Mar 2012financial restatement▼ Bad

On March 27, 2012 the auditor told the company that its quarterly results for the periods ended September 30, 2011 cannot be relied on and must be restated, relating to how the July 22, 2011 asset sale to Pershing Gold (formerly Sagebrush Gold) was accounted for. Pershing issued 76,095,214 of its shares for the company's assets, described as consisting primarily of cash assets and liabilities. The company does not expect significant changes to the balance sheet, income statement or cash flows, and expects to amend footnote disclosures and file an amended 10-Q. This is a second restatement after the 2011 one.

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1 Mar 2012substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 4,790,683 shares (5.00% of votes) in a periodic institutional filing.

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1 Dec 2011substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 3,476,171 shares (3.70% of votes) in a periodic institutional filing.

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22 Nov 2011substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 3,301,388 shares (3.47% of votes) in a periodic institutional filing.

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18 Nov 2011substantial holder notice● Neutral

Barry Honig reported a Continental Resources Group, Inc. shareholding of 3,228,833 shares (3.40% of votes) in a periodic institutional filing.

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18 Nov 2011quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $10.8 million for the period ended 2011-09-30.

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15 Nov 2011substantial holder notice● Neutral

Barry Honig disclosed a new substantial Continental Resources Group, Inc. shareholding (3.40% of votes).

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14 Nov 2011late filing notice▼ Bad

Continental Resources Group, Inc. notified the SEC that its quarterly report would be filed late.

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27 Sept 2011material agreement● NeutralMajor

On September 23, 2011 the company, Sagebrush Gold and four investor funds signed a mutual release of all claims. The filing says that on July 22, 2011 the company sold substantially all its assets to a Sagebrush subsidiary, which assumed the warrants the funds bought in the February 28, 2011 offering; the funds demanded Sagebrush buy them back at Black Scholes value, and AQR Offshore sued for about $128,000 plus costs. The lawsuit was dismissed and the claims are released; Sagebrush and the company deny the allegation. This reveals the July 2011 asset sale, a major change not covered earlier, and ends the warrant dispute.

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8 Sept 2011quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $10.8 million for the period ended 2011-09-30.

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22 Aug 2011quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $10.8 million for the period ended 2011-09-30.

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15 Aug 2011late filing notice▼ Bad

Continental Resources Group, Inc. notified the SEC that its quarterly report would be filed late.

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12 Aug 2011quarterly activities report▼ Bad

Continental Resources Group, Inc. reported a quarterly net loss of $10.8 million for the period ended 2011-09-30.

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25 July 2011securities registration● Neutral

Continental Resources Group, Inc. amended an already-effective registration statement.

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21 July 2011financial restatement● Neutral

This amendment adds the auditor's (KBL LLP) letter dated July 19, 2011 to the July 15 notice that the December 2010 quarterly results will be restated. It confirms the company gave the auditor the disclosure; it adds no new facts about the restatement.

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15 July 2011financial restatement▼ BadMajor

On July 14, 2011 the company's auditor told management that the December 31, 2010 quarterly report overstated warrant and option expense, so those results cannot be relied on and will be restated. The company also said it was late filing its annual report for the year ended March 31, 2011. This is a negative sign about financial reporting quality; the filing does not give the size of the correction.

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29 June 2011late filing notice▼ Bad

Continental Resources Group, Inc. notified the SEC that its annual report would be filed late.

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8 June 2011securities registration● Neutral

Continental Resources Group, Inc. filed the final prospectus for a registered offering.

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