17 June 2014late filing notice▼ Bad
GREEN HYGIENICS HOLDINGS INC. notified the SEC that its quarterly report would be filed late.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Mar 2014quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $124 thousand for the period ended 2014-01-31.
13 Mar 2014late filing notice▼ Bad
GREEN HYGIENICS HOLDINGS INC. notified the SEC that its quarterly report would be filed late.
22 Jan 2014debt financing● NeutralMajor
On January 16, 2014 a founding investor funded the purchase of twelve 2.05MW wind turbine generators, which the company has the option to buy at $190,000 each, a total option obligation of $2,280,000. The filing does not say whether the company intends to exercise the option.
23 Dec 2013quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $2.0 million for the period ended 2014-01-31.
17 Dec 2013late filing notice▼ Bad
GREEN HYGIENICS HOLDINGS INC. notified the SEC that its quarterly report would be filed late.
29 Oct 2013late filing notice▼ Bad
GREEN HYGIENICS HOLDINGS INC. notified the SEC that its annual report would be filed late.
27 June 2013financial restatement▼ BadMajor
This amendment adds detail to the June 10 restatement: the company says it was first advised on or about June 7, 2013 not to rely on the January 31, 2013 financials, and that it will file an amended 10-Q. The restated six-month net loss is $256,845 versus $102,845 reported, and stockholders' deficit is $591,875 versus $641,875 reported.
14 June 2013quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $7.9 million for the period ended 2013-04-30.
11 June 2013financial restatement▼ BadMajor
The company said its interim financial statements for the six months ended January 31, 2013 can no longer be relied on and were restated. A conversion feature on a $50,000 debt settlement created a $154,000 loss on conversion, raising the deficit by that amount.
6 May 2013capital raising announcement● Neutral
The company settled $43,750 of debt owed to five creditors by issuing 875,000 shares at a deemed $0.05 each; the agreements were dated March 20, 2013 and the shares were issued April 5, 2013. This continues the debt-for-shares settlements from March 2013.
3 May 2013capital raising announcement▲ Good
On May 1, 2013 the company issued 1,000,000 shares at $0.25 each to three non-US investors, raising $250,000.
What it means for a shareholder
1.0m new shares at $0.250 to raise about $250,000. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held $1,000 of shares (4,000 at the issue price), your slice goes from 0.0482% to 0.043% of the company. To keep it you'd need 482 more shares - about $121 at the issue price.
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20 Mar 2013capital raising announcement● NeutralMajor
On March 15, 2013 Green Hygienics settled $368,359 of debts with four creditors (Turon Capital Partners, Bear Creek Gravel, Fairway Mobile Homes and Alita Capital Partners) by issuing 7,367,180 shares at a deemed $0.05 each. This cuts debt but adds shares for existing holders.
18 Mar 2013quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $7.9 million for the period ended 2013-04-30.
4 Feb 2013director interest notice● Neutral
Dave Ashby became a GREEN HYGIENICS HOLDINGS INC. President/Secretary/Treasurer and company insider (initial ownership filing).
20 Dec 2012quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $38 thousand for the period ended 2013-01-31.
17 Dec 2012late filing notice▼ Bad
GREEN HYGIENICS HOLDINGS INC. notified the SEC that its quarterly report would be filed late.
13 Sept 2012director interest notice● Neutral
GREEN HYGIENICS HOLDINGS INC. President Peter E Wudy received 9,500 shares as part of the equity award.
13 Sept 2012director interest notice● Neutral
Allan Noah Fields became a GREEN HYGIENICS HOLDINGS INC. director and company insider (initial ownership filing).
30 May 2012business combination● NeutralMajor
On May 14, 2012 the board approved changing the name from Takedown Entertainment to Green Hygienics Holdings Inc. through a merger into a subsidiary formed only for that purpose. It also approved a 2,000-for-1 reverse split, cutting issued shares from 82,816,641 to 41,408 and authorized shares from 375,000,000 to 187,500, pending FINRA review.
25 May 2012quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $280 thousand for the period ended 2012-04-30.
14 Mar 2012quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $280 thousand for the period ended 2012-04-30.
8 Feb 2012capital raising announcement● NeutralMajor
Takedown Entertainment agreed to a second convertible loan from Triumph Capital Inc., for up to US$500,000, on the same terms as the 2011 loan: 7.5% interest, due five years from advancement, convertible at 75% of the ten-day average closing bid. The filing text says February 8, 2011 in one place, but the exhibit and report date indicate 2012.
12 Dec 2011quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported quarterly revenue of $0 and a net loss of $339 thousand for the period ended 2012-01-31.
23 Sept 2011material agreement● Neutral
The company renewed its Radius Consulting agreement on September 7, 2011 at $2,500 a month for 90 days. It also reported announcements between August 17 and September 20, 2011 of letters of intent (not final agreements, per the text) to acquire worldwide distribution rights to MMA fights from a number of promotions, plus the appointment of Ken Pavia as director of business development at subsidiary Takedown Fight Media Inc.
31 Aug 2011capital raising announcement▲ GoodMajor
Peter Wudy, a director and officer, agreed to cancel 30,000,000 of his shares for no cash, leaving him with 30,000,000 shares, about 36.8% of the 81,527,753 shares outstanding. The company also sold 333,333 shares at $0.75 to one non-US investor for $250,000.
What it means for a shareholder
333,333 new shares at $0.750 to raise about $250,000. That's 89% dilution: every existing holder's slice gets 89% smaller. If you held $1,000 of shares (1,333 at the issue price), your slice goes from 3.2% to 0.355% of the company. To keep it you'd need 10,549 more shares - about $7,912 at the issue price.
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18 Aug 2011capital raising announcement● NeutralMajor
Triumph Capital converted its $1,037,500 loan (including interest) into 1,383,333 shares at $0.75, and a separate $108,390 shareholder loan into 144,420 shares at $0.75, so the January 2011 convertible loan is now settled in shares. The company also hired Radius Consulting for investor-awareness work at $2,500 a month for 90 days and announced a new London office to work with European MMA promotions.
22 June 2011director interest notice● Neutral
GREEN HYGIENICS HOLDINGS INC. President/Secretary/Treasurer Peter E Wudy bought 60,000,000 shares on the open market at $10909.00.
14 June 2011quarterly activities report▼ Bad
GREEN HYGIENICS HOLDINGS INC. reported a quarterly net loss of $147 thousand for the period ended 2011-04-30.
12 May 2011material agreement● Neutral
Takedown Entertainment agreed on May 12, 2011 to provide advertising services over 12 months (effective May 7, 2011) to Dr. Diego Allende, a member of its board of advisors, for $300,000 in four $75,000 quarterly installments. Twenty percent goes to overhead, the rest to advertising placement and third-party costs, and any unallocated amount is refundable at the end of the term.