14 Sept 2015director interest notice● Neutral
Eric C Prim became a EFLO ENERGY, INC. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 July 2015quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $1.3 million for the period ended 2015-05-31.
14 July 2015late filing notice▼ Bad
EFLO ENERGY, INC. notified the SEC that its quarterly report would be filed late.
14 Apr 2015quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $693 thousand for the period ended 2015-02-28.
19 Mar 2015material agreement● Neutral
On March 13, 2015 the company signed a consulting agreement with Northern Ocean Star, LLC under which Al Conrad Kerr Jr. serves as CEO, President and director, paid $975 per day with a minimum of 21 days per month. Either side can end it on 30 days' notice. This sets out how the new CEO, who signed the March 2015 loan filing, is paid; the filing does not say why Keith Macdonald is no longer CEO.
16 Mar 2015director interest notice● Neutral
Carlo Civelli became a EFLO ENERGY, INC. 10%+ owner and company insider (initial ownership filing).
16 Mar 2015director interest notice● Neutral
Pacific World Energy Corp. became a EFLO ENERGY, INC. 10%+ owner and company insider (initial ownership filing).
4 Mar 2015material agreement● NeutralMajor
On March 2, 2015 the company borrowed CAD$600,000 from Fundacion Inversiones Barroco, a Panamanian corporation, at 10% interest, unsecured, due on or before February 1, 2016. If the company signs an acquisition, sale or joint venture deal on the Kotaneelee Project that provides enough cash to repay it, the lender can call the loan on 30 days' notice. The filing is signed by Al Conrad Kerr, Jr. as CEO, a change from Keith Macdonald in earlier filings.
19 Feb 2015substantial holder notice● Neutral
HOLLOMAN VALUE HOLDINGS, LLC disclosed a new substantial EFLO ENERGY, INC. shareholding (14.00% of votes).
21 Jan 2015director interest notice● Neutral
Matthew J Anderson became a EFLO ENERGY, INC. CFO & Secretary and company insider (initial ownership filing).
21 Jan 2015director interest notice● Neutral
Nico Civelli became a EFLO ENERGY, INC. director and company insider (initial ownership filing).
20 Jan 2015director interest notice● Neutral
Keith Elliott Macdonald became a EFLO ENERGY, INC. Chief Executive Officer and company insider (initial ownership filing).
16 Jan 2015director interest notice● Neutral
Al Conrad Kerr Jr. became a EFLO ENERGY, INC. Chief Executive Officer and company insider (initial ownership filing).
15 Jan 2015director interest notice● Neutral
Robert Wesolek became a EFLO ENERGY, INC. Chief Financial Officer and company insider (initial ownership filing).
14 Jan 2015quarterly activities report● Neutral
EFLO ENERGY, INC. reported a quarterly net income of $824 thousand for the period ended 2014-11-30.
25 Nov 2014listing compliance notice▼ Bad
EFLO ENERGY, INC. withdrew a registration statement, abandoning the offering it covered.
18 Sept 2014securities registration● Neutral
EFLO ENERGY, INC. amended a filing by which it registered a securities offering with the SEC.
12 Sept 2014securities registration● Neutral
EFLO ENERGY, INC. amended a filing by which it registered a securities offering with the SEC.
26 Aug 2014director interest notice● Neutral
EFLO ENERGY, INC. director Henry Edmond Aldorf bought 2,000 shares on the open market at $0.90.
11 July 2014quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $1.1 million for the period ended 2014-05-31.
16 June 2014securities registration● Neutral
EFLO ENERGY, INC. registered a securities offering with the SEC.
14 Apr 2014quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $944 thousand for the period ended 2014-02-28.
14 Jan 2014quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $1.1 million for the period ended 2013-11-30.
8 Jan 2014director interest notice● Neutral
EFLO ENERGY, INC. director K James Ebeling bought 10,000 shares on the open market at $1.20.
27 Dec 2013director interest notice● Neutral
EFLO ENERGY, INC. director K James Ebeling bought 10,000 shares on the open market at $1.20.
31 Oct 2013capital raising announcement● NeutralMajor
On October 30, 2013 the company sold $2,255,000 of convertible notes to 22 accredited investors. The notes mature in 18 months, convert at $1.00 per share and pay 10% interest (in cash or shares at $1.25 per share). Interest rises to 12.5% or 15% if the company has not moved to a senior stock exchange within 9 or 12 months. Investors also received warrants for 1,127,500 shares at $1.25 for three years, and the company paid $176,400 in finder's fees. This is the company's first disclosed debt-like financing, after earlier share-only private placements, and 3,382,500 shares are reserved for conversion and warrants, which could dilute existing holders.
9 Oct 2013director interest notice● Neutral
EFLO ENERGY, INC. director Henry Edmond Aldorf bought 2,000 shares on the open market at $1.15.
23 Sept 2013director interest notice● Neutral
EFLO ENERGY, INC. President James Andrew Hutton bought 100,000 shares on the open market at $1.10.
15 July 2013quarterly activities report▼ Bad
EFLO ENERGY, INC. reported a quarterly net loss of $947 thousand for the period ended 2013-05-31.
9 May 2013director interest notice● Neutral
EFLO ENERGY, INC. director K James Ebeling bought 5,000 shares on the open market at $1.75.