Past year: ▼ 62%(0.85c – 17.5c USD)
Each one in plain English, with the numbers worked through for a shareholder.
1 Sept 2016asset acquisition disposition● NeutralMajor
On August 26, 2016 the company, now named Creative Waste Solutions, Inc., bought certain assets of Florida-based Easy Disposal, Inc. for $380,000, which includes 50,000 company shares valued at $2.00 each and the rest in cash. The assets are listed only in an exhibit whose contents are not shown. This is another waste-business purchase following the April and May 2016 deals.
15 Aug 2016late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
25 May 2016material agreement● NeutralMajor
On May 22, 2016 the company agreed to buy all the equity of Florida-based Integrated Waste Transportation Services, Inc. for $300,000 in cash plus 50,000 shares of its common stock. The filing says there was no prior dealing with the seller beyond negotiating the deal. This continues the waste-business buildup begun in April 2016, and the share issue adds some dilution.
11 May 2016quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $82 thousand for the period ended 2016-06-30.
14 Apr 2016material agreement● NeutralMajor
Now named Silverstar Resources, Inc. and based in Boca Raton, Florida, the company agreed on April 7, 2016 to buy 100% of Florida-based Creative Waste Solutions, LLC for $25,000. The filing says the company had no prior dealings with the seller beyond negotiating the deal. It is a small first step into waste business and is unrelated to the earlier mining and Arriba assets, which the filing does not mention.
17 Mar 2016securities registration● Neutral
Creative Waste Solutions, Inc. filed notice of an exempt private placement.
22 Feb 2016quarterly activities report● Neutral
Creative Waste Solutions, Inc. reported a quarterly net income of $2.8 million for the period ended 2016-03-31.
17 Feb 2016late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
29 Dec 2015late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its annual report would be filed late.
19 Aug 2015quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $28 thousand for the period ended 2015-06-30.
14 Aug 2015late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
20 May 2015quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $28 thousand for the period ended 2015-06-30.
15 May 2015late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
11 Feb 2015quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $248 thousand for the period ended 2015-03-31.
29 Dec 2014late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its annual report would be filed late.
20 Nov 2014auditor change● Neutral
On November 19, 2014 the company dismissed its auditor De Leon & Company and on November 20 hired MaloneBailey LLP. The filing says there were no disagreements and that De Leon's report carried substantial doubt about the company's ability to continue as a going concern. It gives no reason for the change. This reverses the October 2011 appointment of De Leon noted earlier.
18 Aug 2014quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $103 thousand for the period ended 2014-06-30.
15 Aug 2014late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
14 May 2014quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $103 thousand for the period ended 2014-06-30.
15 Apr 2014quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $39 thousand for the period ended 2014-03-31.
19 Feb 2014quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $39 thousand for the period ended 2014-03-31.
18 Feb 2014late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
31 Dec 2013late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its annual report would be filed late.
14 Aug 2013quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $163 thousand for the period ended 2013-06-30.
29 July 2013capital raising announcement▼ BadMajor
On July 22, 2013 the company swapped $175,028 of overdue demand loans (including accrued interest) from four lenders for convertible debentures due July 22, 2017. Two debentures are held by Tina Bressert ($41,118 at 10%, convertible at $0.0025 per share, and $3,297 at 17%, convertible at $0.35), plus Nottingham Group ($19,586), Petra Corp. ($75,754) and Elco Securities Ltd. ($35,273), all at 17% and convertible at $0.35. The filing says conversion could let Bressert buy up to 98.83% of the common stock, Nottingham and Petra (under common control) up to 75%, and Elco up to 34.13%, all on a non-diluted basis, so existing shareholders face heavy potential dilution. This is an amendment (No. 2) of an earlier report; the filing does not say what changed. The filing does not mention the Arriba deal or the exploration funding question.
18 June 2013asset acquisition disposition▼ Bad
A second amendment withdraws Arriba's audited financial statements and the Grant Thornton audit report dated November 30, 2012 that were added in May. The filing says Grant Thornton asked for the removal while it completes extra audit work needed to meet PCAOB standards, and mentions certain amendments to the original report. So the company again has no usable audited Arriba financials on file; it does not say when they will return. The deal description is otherwise unchanged.
21 May 2013asset acquisition disposition● Neutral
This amendment was filed to add Arriba's audited financial statements for the years ended December 31, 2011 and September 30, 2012 to the February 2013 closing report. The filing says no other material changes were made; the deal text still shows the original 4,179,852 shares, not the later reduction.
20 May 2013quarterly activities report▼ Bad
Creative Waste Solutions, Inc. reported a quarterly net loss of $163 thousand for the period ended 2013-06-30.
17 May 2013material agreement▲ GoodMajor
Effective May 14, 2013 the company and Arriba's shareholders signed a revised agreement cutting the shares issuable for Arriba from 4,179,852 to 2,139,926; the warrants and other terms are unchanged. The filing says 2,039,926 shares previously authorized will be cancelled and returned to treasury (the arithmetic gives 2,039,926, though the reduced total is stated as 2,139,926 - the filing's figures differ from a straight subtraction by 100,000, which it does not explain). This reduces the dilution from the Feb 2013 closing. The exhibit is labelled as an agreement dated April 1, 2013, which the filing does not reconcile with the May 14 effective date. The company address is now Henderson, NV.
16 May 2013late filing notice▼ Bad
Creative Waste Solutions, Inc. notified the SEC that its quarterly report would be filed late.
