Each one in plain English, with the numbers worked through for a shareholder.
23 May 2019listing compliance notice▼ BadMajor
Delta filed an amendment to its Form 15 to end its registration with the SEC under Rule 12g-4(a)(1), reporting about 124 holders of record. Once effective, Delta would no longer have to file public reports, so shareholders would receive less public information. The filing does not say what happens to the shares themselves or whether the company continues to trade.
Delta disclosed that it engaged Excelsis Accounting Group as its principal auditor, effective July 27, 2017, and attached the engagement letter, which covers audits of the balance sheets for December 31, 2014, 2015 and 2016. The filing is dated August 2018, so it discloses the 2017 engagement about a year late. This fits the stated effort to catch up on overdue audits and filings, though the filing itself does not say that.
Delta signed an agreement with Jordan P. Balencic (Balencic Creative Group LLC) to act as interim Chief Compliance Officer for 250,000 restricted shares at $0.03 per share for a 6-month term. The press release says his job is a turnaround to complete overdue audits and SEC filings and regain fully reporting status, and that acquisitions are being evaluated. The filing states the company is now a Nevada corporation based in Vancouver, and names no specific acquisition target or terms; the 12-month agreement term and 6-month share term differ in the text.
DELTA OIL & GAS INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
DELTA OIL & GAS INC Chief Executive Officer Gay Christopher Paton received 100,000 shares and a 200,000-share option grant as part of the equity award.
DELTA OIL & GAS INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
DELTA OIL & GAS INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).