26 Feb 2004director interest notice● Neutral
Scott Marshall became a FIDELIS ENERGY INC President/Director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Feb 2004director interest notice● Neutral
Scott Marshall became a FIDELIS ENERGY INC President/Director and company insider (initial ownership filing).
17 Nov 2003asset acquisition disposition● NeutralMajor
Then called Eagle Star Energy Group, the company bought two oil and gas farm-in leases in Alberta, Canada (Buffalo Lake and Lake Island prospects) from a seller that Chairman William Marshall also helps manage, so he may personally profit. Marshall bought 35,000 shares at $1.00 and lent $45,000 at 6%, raising his stake to 41%; the company bought back and retired 400,000 shares from Robert and Thomas Feneziani for $150,000 ($70,000 cash plus an $80,000 note due March 15, 2004); and the board approved a 38-for-1 forward split, giving 5,092,000 shares outstanding.