Each one in plain English, with the numbers worked through for a shareholder.
1 Apr 2014director officer appointment▼ BadMajor
Board shakeup: four directors (Edward Butowsky, John Dinan, W. Brown Glenn Jr. and Dennis Orsi) resigned on March 27, 2014 and were replaced by Alex Campbell and Jeffrey Tregaskes; Glenn also stepped down as CEO, with President James D. Clark assuming the role.
Filed Amendment No. 1 to the Form 10 registration statement responding to the SEC's comments - including disputing the Staff's suggestion that a Form 10-Q for the quarter ended June 30, 2013 was delinquent, since the Form 10 had not yet gone effective at that time.
SEC staff issued its first comment letter reviewing the Form 10 registration statement, part of the routine review before registration became effective.
25 July 2013securities registry admin● NeutralMajor
Registered with the SEC as a reporting company (Form 10): Core Resource Management (Nevada, HQ Dallas TX, ticker CRMI on OTC Markets) - formerly a pet-health shell, Direct Pet Health Holdings - had pivoted in 2013 into acquiring oil and gas Working and Royalty Interests, funded by equity and senior notes. It had already bought royalty/working interests from Mai Oil Operations (10 wells, Central Kansas), Nacona Production Company (6 wells plus 2 saltwater disposal wells, Montague County, TX) and Razorback Oil Interests (1 gas well, Kingfisher County, OK), plus a convertible note in and open-market shares of Nitro Petroleum Inc.