Stockle - the stock oracle

Endurance Exploration Group, Inc.

US:EXPL
US$0.0007Close 6 Oct 2026 · delayed

Past year: ▲ 133%(0.03c – 1.00c USD)

Market cap
A$43k
Shares on issue
43.8m
Story beats
11 since 2013
Last event
3 Jan 2019

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

3 Jan 2019listing compliance notice▼ BadMajor

Endurance voluntarily filed to deregister its stock and suspend SEC reporting, citing the cost of compliance and thin trading. Coming after a going-concern audit opinion, insider-funded liquidity gaps and an IP-for-debt swap with its own CEO, this ended the company's public-disclosure record even as management framed it as a cost-saving move and said it would keep trading over the counter.

Discuss in chat

3 Jan 2019listing compliance notice▼ BadMajor

Endurance Exploration Group, Inc. deregistered its securities, ending its obligation to file reports with the SEC.

Discuss in chat

14 Nov 2018quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $80 thousand for the period ended 2018-09-30.

Discuss in chat

12 Oct 2018auditor change● Neutral

Endurance changed auditors again, to Thayer O'Neal, after Green & Company CPAs (its auditor since 2015, with no adverse opinions) was itself acquired by another firm - an administrative change, not a disagreement.

Discuss in chat

1 Oct 2018joint venture update● NeutralMajor

Endurance formed a 50/50 joint venture, Caird Exploration, with Global Marine Archaeological Research (GMAR), paying for its half with 12M restricted shares rather than cash; GMAR contributed sonar and research data on several already-located deep-water wrecks plus rights to a further target. Endurance separately bought a roughly $3M-replacement-value autonomous underwater vehicle from GMAR.

Discuss in chat

14 Aug 2018quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $190 thousand for the period ended 2018-06-30.

Discuss in chat

30 May 2018asset acquisition disposition▼ BadMajor

Unable to fund development of an in-house marine salvage tool, Endurance's independent directors approved selling the tool's parts, design and engineering rights to Eldred Industrial - a company owned by CEO Micah Eldred - in exchange for reducing the company's loan from Eldred by $38,689. The company disclosed it 'does not currently have the funding or ability' to develop the tool itself.

Discuss in chat

15 May 2018quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $79 thousand for the period ended 2018-03-31.

Discuss in chat

4 Apr 2018debt financing▼ BadMajor

CEO and 42.79% owner Micah Eldred formalized a $500,000 secured line of credit to Endurance at 5% interest, secured against company assets, so the company could keep funding salvage operations - and simultaneously papered a Demand Note for loans Eldred had already been making informally since 2017. Endurance's own CEO had become its principal secured creditor.

Discuss in chat

20 Feb 2018director interest notice● Neutral

Robert S Darbee became a Endurance Exploration Group, Inc. Vice President and company insider (initial ownership filing).

Discuss in chat

20 Feb 2018director interest notice● Neutral

Endurance Exploration Group, Inc. Vice President Robert S Darbee bought 200,000 shares on the open market at $10.00.

Discuss in chat

15 Feb 2018director interest notice● Neutral

Robert S Darbee became a Endurance Exploration Group, Inc. Vice President and company insider (initial ownership filing).

Discuss in chat

15 Feb 2018director interest notice● Neutral

Endurance Exploration Group, Inc. Vice President Robert S Darbee bought 10,000 shares on the open market at $10.00.

Discuss in chat

30 Jan 2018director interest notice● Neutral

Endurance Exploration Group, Inc. Vice President Carl Dilley sold 250,000 shares at $0.00.

Discuss in chat

30 Jan 2018director interest notice● Neutral

Endurance Exploration Group, Inc. CFO Christine Zitman sold 250,000 shares at $0.00.

Discuss in chat

2 Jan 2018director interest notice● Neutral

Endurance Exploration Group, Inc. Vice President Carl Dilley sold 600,000 shares at $0.00.

Discuss in chat

2 Jan 2018director interest notice● Neutral

Endurance Exploration Group, Inc. President & CEO Micah James Eldred sold 200,000 shares at $0.00.

Discuss in chat

13 Nov 2017quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $117 thousand for the period ended 2017-09-30.

Discuss in chat

11 Aug 2017quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $118 thousand for the period ended 2017-06-30.

Discuss in chat

15 May 2017quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $100 thousand for the period ended 2017-03-31.

Discuss in chat

12 Apr 2017quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $100 thousand for the period ended 2017-03-31.

Discuss in chat

11 Apr 2017quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $100 thousand for the period ended 2017-03-31.

Discuss in chat

31 Mar 2017late filing notice▼ Bad

Endurance Exploration Group, Inc. notified the SEC that its annual report would be filed late.

Discuss in chat

6 Jan 2017director interest notice● Neutral

Endurance Exploration Group, Inc. President & CEO Micah James Eldred sold 100,000 shares at $0.00.

Discuss in chat

5 Jan 2017director interest notice● Neutral

Endurance Exploration Group, Inc. CEO & President Micah James Eldred sold 1,090,000 shares.

Discuss in chat

14 Nov 2016quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $97 thousand for the period ended 2016-09-30.

Discuss in chat

26 Oct 2016listing compliance notice▼ Bad

Endurance Exploration Group, Inc. withdrew a registration statement, abandoning the offering it covered.

Discuss in chat

18 Oct 2016securities registration● Neutral

Endurance Exploration Group, Inc. amended a filing by which it registered a securities offering with the SEC.

Discuss in chat

23 Aug 2016production update● Neutral

While still awaiting its pending equity raise, Endurance said it was pivoting toward lower-cost shallow-water targets outside the US (three unidentified wrecks code-named Hawky #1-3), pending government salvage permissions.

Discuss in chat

9 Aug 2016quarterly activities report▼ Bad

Endurance Exploration Group, Inc. reported a quarterly net loss of $111 thousand for the period ended 2016-06-30.

Discuss in chat