19 Dec 2003director interest notice● Neutral
Brent James Peters became a GEOGLOBAL RESOURCES INC. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Nov 2003late filing notice▼ Bad
GEOGLOBAL RESOURCES INC. notified the SEC that its quarterly report would be filed late.
22 Oct 2003asset acquisition disposition● NeutralMajor
On August 29, 2003, the company acquired all of GeoGlobal Resources (India) Inc. from Jean Paul Roy for 34.0 million shares (14.5 million delivered, 19.5 million held in escrow pending exploration results) plus a $2.0 million non-interest-bearing note. Roy becomes President/CEO and holds about 69.3% of the shares if the escrowed shares are released, and the business turns to oil and gas exploration, starting with a net 5% interest in an offshore east-India block (KG-OSN-2001/3) under a Production Sharing Contract with GSPC and Jubilant Enpro. The filing says GeoGlobal holds no proved or probable reserves and has never produced oil or gas; the sale of i5ive Communications to a Loblaw-owned company was a closing condition. The filing text is truncated, so further details are not covered.
14 Oct 2003auditor change● Neutral
Suite101.com replaced its auditor N.I. Cameron with Grant Thornton on October 6, 2003, and also retained Grant Thornton to audit GeoGlobal Resources (India) Inc., which it acquired on August 29, 2003. The filing says Cameron's reports for 2001 and 2002 carried a going-concern warning and that there were no disagreements with Cameron.
11 Sept 2003director interest notice● Neutral
Northfield Capital Corp became a GEOGLOBAL RESOURCES INC. 10%+ owner and company insider (initial ownership filing).
9 Sept 2003director interest notice● Neutral
Jean Paul Roy became a GEOGLOBAL RESOURCES INC. President and CEO and company insider (initial ownership filing).
20 Mar 2002farm in farm out agreement● NeutralMajor
The company's subsidiary i5ive Communications gave Double B Holdings, LLC an option to buy the Suite101 website assets (book value $132,000 at Sept 30, 2001) for $155,000 less the non-refundable option payments ($15,000, plus $30,000 if extended), plus a 26% stake in Double B and a 5% stake in Blue Frogg Enterprises held by Double B. The option expires May 14, 2002 and follows the wind-down of staff and the Marketeam arrangement; it is a possible sale of the company's website business.
8 Mar 2002substantial holder notice● Neutral
Julie M. Bradshaw Not Required reported a GEOGLOBAL RESOURCES INC. shareholding of 703,519 shares (5.29% of votes) in a periodic institutional filing.
19 Feb 2002business combination▼ BadMajor
Suite101.com (the company's earlier name) terminated all employees except three officers/directors (Peter Bradshaw, Julia Bradshaw, Cara Williams) effective January 31, 2002, and hired Creative Marketeam Canada, a firm owned by its former COO Douglas Loblaw, to run the Suite101 website for $26,000 a month plus its receipts from BarnesandNoble.Com contracts. The filing says the staffing cuts reflected limited revenues and aimed to make a business combination or restructuring easier by reducing overhead; the agreement also requires Marketeam to preserve the website assets to help facilitate their sale.
21 July 2000securities registration● Neutral
GEOGLOBAL RESOURCES INC. amended a filing by which it registered a small-business securities offering with the SEC.
7 June 2000securities registration● Neutral
GEOGLOBAL RESOURCES INC. registered a small-business securities offering with the SEC.
30 Mar 2000late filing notice▼ Bad
GEOGLOBAL RESOURCES INC. notified the SEC that its annual report would be filed late.
19 Oct 1999securities registration● Neutral
GEOGLOBAL RESOURCES INC. amended a filing by which it registered a small-business securities offering with the SEC.
18 Oct 1999securities registration● Neutral
GEOGLOBAL RESOURCES INC. amended a filing by which it registered a small-business securities offering with the SEC.
19 Aug 1999securities registration● Neutral
GEOGLOBAL RESOURCES INC. registered a small-business securities offering with the SEC.
17 May 1999late filing notice▼ Bad
GEOGLOBAL RESOURCES INC. notified the SEC that its quarterly report would be filed late.
1 Apr 1999late filing notice▼ Bad
GEOGLOBAL RESOURCES INC. notified the SEC that its annual report would be filed late.
31 Mar 1998late filing notice▼ Bad
GEOGLOBAL RESOURCES INC. notified the SEC that its annual report would be filed late.