2 May 2006late filing notice▼ Bad
ENERGAS RESOURCES INC 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.
21 Mar 2006securities registration● Neutral
ENERGAS RESOURCES INC amended a filing by which it registered a small-business securities offering with the SEC.
21 Mar 2006securities registration● Neutral
ENERGAS RESOURCES INC amended an already-effective registration statement.
9 Mar 2006securities registration● Neutral
ENERGAS RESOURCES INC amended an already-effective registration statement.
8 Mar 2006securities registration● Neutral
ENERGAS RESOURCES INC registered a small-business securities offering with the SEC.
2 Feb 2006securities registration● Neutral
ENERGAS RESOURCES INC amended an already-effective registration statement.
31 Jan 2006substantial holder notice● Neutral
Patrick J. Retzer disclosed a new substantial ENERGAS RESOURCES INC shareholding (9.40% of votes).
1 Sept 2005capital raising announcement● NeutralMajor
In August 2005 the company sold 1,200,000 shares at $0.25 each to four investors, converted $326,000 loaned by President George Shaw into 1,304,000 restricted shares, and issued 1,250,000 shares to McCrome International in full payment of a $479,218 promissory note. These issuances increase the share count, diluting existing holders, while converting loans into stock removes those debts.
15 June 2005late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its quarterly report would be filed late.
6 May 2005director interest notice● Neutral
ENERGAS RESOURCES INC Vice President Scott Shaw bought 59,085 shares on the open market.
5 May 2005director interest notice● Neutral
ENERGAS RESOURCES INC 10%+ owner Terry Tyson bought 50,000 shares on the open market.
2 May 2005late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its annual report would be filed late.
21 Dec 2004securities registration● Neutral
ENERGAS RESOURCES INC filed the final prospectus for a registered offering.
15 Dec 2004auditor change▼ Bad
Russell & Atkins, hired in April 2004, resigned effective November 15, 2004, again citing a decision to stop auditing public companies; the company retained Murrell, Hall, McIntosh & Co. on December 10, 2004. Its report for the year ended January 31, 2004 carried a going-concern uncertainty qualification, and no disagreements are reported. This is the second auditor change in about eight months.
15 Dec 2004late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its quarterly report would be filed late.
12 Nov 2004securities registration● Neutral
ENERGAS RESOURCES INC filed the final prospectus for a registered offering.
8 Nov 2004securities registration● Neutral
ENERGAS RESOURCES INC filed the final prospectus for a registered offering.
28 Sept 2004securities registration● Neutral
ENERGAS RESOURCES INC registered a small-business securities offering with the SEC.
22 Sept 2004capital raising announcement● NeutralMajor
On September 20, 2004 the company signed an equity line of credit with Dutchess Private Equities Fund II allowing it to sell up to $10,000,000 of common stock over 36 months once a registration statement is declared effective. Each draw is limited (up to $1,000,000 per put under the agreement terms shown), priced at 95% of the lowest closing bid in a five-day pricing period, and the company is not obliged to draw. Any shares sold would dilute existing shareholders.
17 Sept 2004securities registration● Neutral
ENERGAS RESOURCES INC registered a small-business securities offering with the SEC.
15 June 2004late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its quarterly report would be filed late.
3 May 2004late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its annual report would be filed late.
14 Apr 2004auditor change▼ Bad
Auditor Spicer Jeffries resigned effective April 8, 2004, saying it was discontinuing its audit practice for public companies, and the company hired Russell & Atkins on April 14, 2004. Spicer Jeffries' reports for fiscal years 2001-2003 carried a going-concern uncertainty qualification, and the filing reports no disagreements.
2 Mar 2004director interest notice● Neutral
ENERGAS RESOURCES INC President Energas Resources INC bought 120,000 shares on the open market at $0.20.
2 Mar 2004director interest notice● Neutral
ENERGAS RESOURCES INC 10%+ owner Energas Resources INC bought 250,000 shares on the open market.
26 Feb 2004director interest notice● Neutral
Energas Resources INC became a ENERGAS RESOURCES INC 10%+ owner and company insider (initial ownership filing).
23 Feb 2004director interest notice● Neutral
Energas Resources INC became a ENERGAS RESOURCES INC 10%+ owner and company insider (initial ownership filing).
15 Dec 2003late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its quarterly report would be filed late.
16 Sept 2003late filing notice▼ Bad
ENERGAS RESOURCES INC notified the SEC that its quarterly report would be filed late.
27 Aug 2003asset acquisition disposition● NeutralMajor
In August 2003 the company bought 31 producing wells, about 28 miles of pipeline, two compressor stations and roughly 23,000 leased and 8,500 optioned acres in eastern Kentucky's Appalachian Basin from three private corporations. It paid with $3,000,000 of 8.5% convertible notes due August 2023, convertible into shares at one share per dollar, so shareholders could be diluted if the notes are converted. The company says it believes annual revenue from the wells and pipeline exceeds $500,000; the financial statements for the deal are to be filed later by amendment.