24 Sept 2004substantial holder notice● Neutral
Sumitomo Corporation of America reported a DALECO RESOURCES CORP shareholding of 640,000 shares (2.25% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Sept 2004material agreement▲ GoodMajor
Daleco and Sumitomo Corporation of America (the holder of a 4.39% stake disclosed in 2001) amended their November 2001 marketing agreement on September 14, 2004. Sumitomo's exclusive marketing and buyout rights were removed, the agreement now runs to June 30, 2005 unless both sides agree to renew, and Sumitomo's warrants for 2,240,000 shares ($2.00 to $3.00) were cancelled. Daleco says this removes a potential anti-takeover provision and gives it more freedom to market its mineral and timber products.
14 Sept 2004auditor change● Neutral
Auditor Jay J. Shapiro, CPA told Daleco on September 13, 2004 that he is ending all public-company audit work, citing the cost of public accounting and Sarbanes-Oxley compliance; he reports no disagreements with Daleco. The Audit Committee is looking for a new auditor for the year ending September 30, 2004.
29 Dec 2003late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.
18 Sept 2003director interest notice● Neutral
DALECO RESOURCES CORP Chairman & CEO Dov Amir bought 5,000 shares on the open market at $0.92.
18 Sept 2003director interest notice● Neutral
DALECO RESOURCES CORP Chairman & CEO Dov Amir sold 5,000 shares at $0.92.
22 July 2003director interest notice● Neutral
Dov Amir became a DALECO RESOURCES CORP Chairman & CEO and company insider (initial ownership filing).
17 July 2003director interest notice● Neutral
H Paul Pryor became a DALECO RESOURCES CORP director and company insider (initial ownership filing).
30 Dec 2002late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.
4 Oct 2002securities registration● Neutral
DALECO RESOURCES CORP amended a filing by which it registered a small-business securities offering with the SEC.
3 Sept 2002securities registration● Neutral
DALECO RESOURCES CORP registered a small-business securities offering with the SEC.
11 Apr 2002business combination● Neutral
Daleco changed its legal home from Delaware to Nevada by merging into Daleco Resources Corporation of Nevada, effective March 26, 2002, after shareholders approved it on February 28, 2002. The company kept its name and September 30 fiscal year-end, and the same directors (chaired by Dov Amir) and officers carry over.
27 Dec 2001late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.
10 Dec 2001substantial holder notice● Neutral
Sumitomo Corporation of America IRS #, Sumitomo Corporation disclosed a new substantial DALECO RESOURCES CORP shareholding (4.39% of votes).
28 Dec 2000late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.
29 Dec 1999late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.
13 Aug 1999late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its quarterly report would be filed late.
30 Dec 1998late filing notice▼ Bad
DALECO RESOURCES CORP notified the SEC that its annual report would be filed late.