1 May 2015late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its annual report would be filed late.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Dec 2014quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $1.3 million for the period ended 2014-10-31.
15 Dec 2014late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its quarterly report would be filed late.
22 Sept 2014quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $111 thousand for the period ended 2014-07-31.
16 Sept 2014late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its quarterly report would be filed late.
13 June 2014quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $172 thousand for the period ended 2014-04-30.
1 May 2014late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its annual report would be filed late.
16 Dec 2013quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $154 thousand for the period ended 2013-10-31.
20 Sept 2013quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $225 thousand for the period ended 2013-07-31.
16 Sept 2013late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its quarterly report would be filed late.
6 Sept 2013capital raising announcement▼ BadMajor
On August 30, 2013 the company borrowed $150,000 from Perry L. Miller at 30% annual interest, due December 30, 2013, secured by shares pledged by CEO James Baughman. The money paid Bureau of Land Management maintenance fees. Miller also received a three-year warrant for 5,000,000 shares at $0.02. This came four days after the default on the BOCO note.
30 Aug 2013debt financing▼ BadMajor
The company defaulted on the BOCO Investments note on August 26, 2013 by not paying what was due; the note now stands at $418,986.22 and is secured by all company property and by share pledges. BOCO has issued a letter foreclosing on Purcell Group's pledge of 10,526,316 company shares. This follows the August 2012 loan, which was due October 30, 2012, so it had not been repaid by then.
5 Aug 2013auditor change● Neutral
On July 30, 2013 the board dismissed auditor StarkSchenkein and hired EKS&H to audit the year ending January 31, 2014. The filing says there were no disagreements and no adverse or qualified opinions. The company is now named Cyclone Uranium Corporation in this filing.
19 June 2013quarterly activities report▼ Bad
Cyclone Uranium Corp reported a quarterly net loss of $197 thousand for the period ended 2013-04-30.
14 June 2013late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its quarterly report would be filed late.
1 May 2013late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its annual report would be filed late.
17 Dec 2012quarterly activities report▼ Bad
Cyclone Uranium Corp reported quarterly revenue of $0 and a net loss of $346 thousand for the period ended 2012-10-31.
14 Sept 2012securities registration● Neutral
Cyclone Uranium Corp filed notice of an exempt private placement.
14 Sept 2012quarterly activities report▼ Bad
Cyclone Uranium Corp reported quarterly revenue of $0 and a net loss of $185 thousand for the period ended 2012-07-31.
7 Sept 2012capital raising announcement▼ BadMajor
On August 31, 2012 the company borrowed $300,000 from BOCO Investments at 15% interest, due October 30, 2012, secured by all company property, mortgages on its real property and share pledges from James and Maria Baughman, Purcell Group and Publican Capital. Proceeds paid Bureau of Land Management maintenance fees and general operating costs. BOCO also received a five-year warrant for 6,814,000 shares at $0.02.
What it means for a shareholder
6.8m new shares at $0.020 to raise about $136,280. That's 7.3% dilution: every existing holder's slice gets 7.3% smaller. If you held $1,000 of shares (50,000 at the issue price), your slice goes from 0.0574% to 0.0533% of the company. To keep it you'd need 3,913 more shares - about $78 at the issue price.
Create a free account to see this worked out for your own holding.
13 June 2012late filing notice▼ Bad
Cyclone Uranium Corp notified the SEC that its quarterly report would be filed late.
24 Apr 2012substantial holder notice● Neutral
James M. Seed reported a Cyclone Uranium Corp shareholding of 28,316,600 shares (19.30% of votes) in a periodic institutional filing.
24 Apr 2012substantial holder notice● Neutral
Peter Bojtos reported a Cyclone Uranium Corp shareholding of 13,110,567 shares (9.30% of votes) in a periodic institutional filing.
23 Apr 2012substantial holder notice● Neutral
James G. Baughman, Publican Capital Corporation disclosed a new substantial Cyclone Uranium Corp shareholding (7.90% of votes).
27 Mar 2012substantial holder notice● Neutral
Andrew P. Vander Ploeg disclosed a new substantial Cyclone Uranium Corp shareholding (8.40% of votes).
27 Mar 2012substantial holder notice● Neutral
Capital Peak Partners, LLC disclosed a new substantial Cyclone Uranium Corp shareholding (6.30% of votes).
22 Mar 2012securities registration● Neutral
Cyclone Uranium Corp filed notice of an exempt private placement.
20 Mar 2012asset acquisition disposition● NeutralMajor
The company bought all of New Fork Uranium Corporation by issuing 50,000,000 new shares to New Fork's shareholders; closing was March 15, 2012. New Fork holds 521 federal mining claims (about 10,000 acres) next to the company's Cyclone Rim claims in Sweetwater County, Wyoming, and brings over $300,000 of working capital. Leadership changed: Peter Bojtos resigned as CEO, President and director and Gerald Helgeson resigned as Secretary and director; James Baughman became CEO, President and Chairman (salary $36,000) and Gregory Schifrin joined as a director. Baughman's firm Publican Capital received 10,526,316 shares (7.7%). The 50 million new shares are a large dilution of existing holders. The company also granted 500,000 options each at $0.06 to four directors and to Bojtos, now a consultant.
12 Dec 2011quarterly activities report▼ Bad
Cyclone Uranium Corp reported quarterly revenue of $0 and a net loss of $145 thousand for the period ended 2011-10-31.
4 Nov 2011substantial holder notice● Neutral
Peter Bojtos reported a Cyclone Uranium Corp shareholding of 12,610,567 shares (14.24% of votes) in a periodic institutional filing.