Past year: ▲ 0%(0.01c – 0.06c USD)
Each one in plain English, with the numbers worked through for a shareholder.
26 June 2012financial restatement▼ Bad
This amendment repeats the June 15 restatement notice, adding that the 2011 quarterly statements were concluded unreliable on April 16, 2012 and that restated statements were issued on June 18, 2012. The error amounts ($1,432,805) are unchanged.
15 June 2012financial restatement▼ BadMajor
The company said earlier 2011 quarterly financial statements should not be relied on because they understated exploration expenses by $1,432,805 (cumulative by mid/Sept 2011) related to technical data bought for the Centenario, La Palma and La Verde concessions, paid for in shares with a guaranteed $2.00 price. The 2011 annual report filed April 14, 2012 already corrected the error.
14 May 2012quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $818 thousand for the period ended 2012-03-31.
5 Apr 2012asset acquisition disposition▲ GoodMajor
On April 4, 2012 Adit sold its subsidiary American Copper Mining, whose main asset is the Picacho concessions, to Yamana Mexico Holdings. Payments include $7.5 million (less about $780,000 for a tax lien) into escrow, $9.8 million a year later, $4.3 million after six years, and up to $14 million tied to gold discovered, plus Yamana surrendering its 500,000 Adit shares and 250,000 warrants. Yamana can terminate around the one-year mark, which would return the company and property. This follows the January 2011 option and the filing says the property has no proven reserves.
2 Apr 2012late filing notice▼ Bad
FIRMA HOLDINGS CORP. notified the SEC that its annual report would be filed late.
13 Feb 2012auditor change● Neutral
Auditor Mendoza Berger resigned on February 3, 2012 because of a change in the firm's organization structure, and the company hired Wilson Morgan LLP on February 8, 2012. The filing reports no disagreements and prior audit reports carried a going-concern explanatory paragraph. (The filing text names Tara Gold Resources in places, apparently in error.)
14 Nov 2011quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $1.4 million for the period ended 2011-09-30.
17 Aug 2011quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $1.9 million for the period ended 2011-06-30.
17 Aug 2011material agreement▲ GoodMajor
On August 8, 2011 the company gave Carnegie Mining and Exploration an option to earn up to 50% of the Don Ramon (Don Roman) mine and its Mexican iron ore projects, including Tania, in return for spending commitments (e.g. $2,000,000 and $6,000,000 for 30%, a further $5,000,000 for 50%). Carnegie had paid $100,000 and spent $150,000 toward restarting the mine. The company could give up part of these projects if Carnegie meets the targets.
15 Aug 2011late filing notice▼ Bad
FIRMA HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
16 May 2011quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $2.6 million for the period ended 2011-03-31.
31 Mar 2011late filing notice▼ Bad
FIRMA HOLDINGS CORP. notified the SEC that its annual report would be filed late.
1 Feb 2011material agreement▲ GoodMajor
On January 28, 2011 the roughly 90%-owned subsidiary Adit Resources sold 500,000 units at $1.00 to Yamana Gold, and signed a letter of intent giving Yamana an option to earn up to 70% of the Picacho gold/silver project in Sonora, Mexico. If a definitive agreement follows, Yamana buys another 2,500,000 units ($3,000,000 total), and can earn 51% by spending $5,000,000 more and paying $1,000,000, then 70% with a further $9,000,000 and $2,000,000.
12 Nov 2010quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $4.0 million for the period ended 2010-09-30.
16 Aug 2010quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $2.6 million for the period ended 2010-06-30.
17 May 2010quarterly activities report▼ Bad
FIRMA HOLDINGS CORP. reported a quarterly net loss of $8.7 million for the period ended 2010-03-31.
31 Mar 2010late filing notice▼ Bad
FIRMA HOLDINGS CORP. notified the SEC that its annual report would be filed late.
4 Jan 2010capital raising announcement● NeutralMajor
Principal shareholder Tara Gold Resources Corp. converted its $1,695,000 convertible note, plus $55,088 of interest, into 8,750,440 new shares at $0.20 each on December 31, 2009. Tara Gold's stake rose from 76% to 80%, and the note debt was eliminated, but other shareholders were diluted.
17 Aug 2009late filing notice▼ Bad
FIRMA HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
7 July 2009capital raising announcement● Neutral
The company (then named Tara Minerals Corp. in the filing text) issued 196,318 shares in total on June 25, 2009 to settle unpaid salary: 93,486 shares ($15,000) to Francis R. Biscan, Jr., 46,742 shares ($7,500) to Clifford A. Brown, and 56,090 shares ($9,000) to other persons. This adds a small number of new shares, issued in place of cash pay.
30 Apr 2009securities registration● Neutral
FIRMA HOLDINGS CORP. filed the final prospectus for a registered offering.
24 June 2008director interest notice● Neutral
Clifford Allen Brown became a FIRMA HOLDINGS CORP. Chief Financial Officer and company insider (initial ownership filing).
3 Dec 2007securities registration● Neutral
FIRMA HOLDINGS CORP. amended a filing by which it registered a small-business securities offering with the SEC.
21 Nov 2007securities registration● Neutral
FIRMA HOLDINGS CORP. amended a filing by which it registered a small-business securities offering with the SEC.
17 Oct 2007securities registration● Neutral
FIRMA HOLDINGS CORP. amended a filing by which it registered a small-business securities offering with the SEC.
5 June 2007securities registration● Neutral
FIRMA HOLDINGS CORP. registered a small-business securities offering with the SEC.
