15 May 2006director interest notice● Neutral
GROOVE BOTANICALS INC. CEO Kent A Rodriguez received a stock option grant for 1,000,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Apr 2006asset acquisition disposition● Neutral
Signed a letter of intent for a 50% working interest in an established, partly shut-in oil and gas lease in Starr County, Texas (Boyle Field) from Canyon Creek Oil and Gas, a subsidiary of Universal Property Development and Acquisition Corp, with plans for a water-flood recovery project - a more concrete deal than the two that had just collapsed.
14 Feb 2006late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
13 Feb 2006asset acquisition disposition▼ BadMajor
A second oil and gas deal also unwound: Avalon returned Oklahoma properties to Sooner Trend Leasing and cancelled the 48 million shares it had issued for them - the same failure-of-consideration pattern as the Mid-Continent deal.
25 Jan 2006asset acquisition disposition▼ BadMajor
The Mid-Continent Investments deal fell apart: Mid-Continent never delivered the assignment of the Kansas leasehold it had promised, so Avalon cancelled the 85 million shares it had issued and abandoned the acquisition - the "completed" 2005 deal turns out never to have closed.
18 Nov 2005auditor change● Neutral
Now renamed Avalon Oil & Gas, dismissed auditor Cordovano and Honeck and engaged Murrell, Hall, McIntosh & Co.; no disagreements were reported.
15 Nov 2005late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
15 Aug 2005late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
27 May 2005business combination▲ GoodMajor
Completed the Mid-Continent Investments acquisition on paper - 85 million shares issued for the Kansas oil and gas leasehold, handing Mid-Continent 51.7% control of the company - though the underlying assets were never actually transferred, as later filings would reveal.
18 Feb 2005business combination▲ GoodMajor
Pivoted again, to a non-binding letter of intent with Mid-Continent Investments Corporation to acquire an 80% net revenue interest in a Kansas oil and gas leasehold in exchange for 80% of XDOGS' outstanding stock - its first move toward becoming an oil and gas company.
15 Feb 2005late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
15 Nov 2004late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
13 Aug 2004late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
15 June 2004late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its annual report would be filed late.
25 Nov 2003business combination● Neutral
Pivoted to a new, also non-binding letter of intent to acquire StravinSOFT Incorporated, a Dallas business-software provider, in a 50/50 share exchange - the Kathrine Baumann handbag deal apparently having lapsed.
14 Nov 2003late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
13 Aug 2003business combination● NeutralMajor
As XDogs, Inc., signed a non-binding letter of intent to reverse-merge with Kathrine Baumann, LLC, a Beverly Hills designer of luxury handbags, under which Baumann's principal would end up with 75% of the combined company. The deal was never completed in the filings on record; a different merger target appeared weeks later.
13 Feb 2003late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
15 Nov 2002late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
13 Aug 2002late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
1 July 2002late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its annual report would be filed late.
14 Feb 2002late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
14 Nov 2001late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
2 July 2001late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its annual report would be filed late.
14 Feb 2001late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
15 Nov 2000late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
9 Aug 2000late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its quarterly report would be filed late.
30 June 2000late filing notice▼ Bad
GROOVE BOTANICALS INC. notified the SEC that its annual report would be filed late.
10 Oct 1996securities registration● Neutral
GROOVE BOTANICALS INC. filed the final prospectus for a registered offering.
11 July 1996securities registration● Neutral
GROOVE BOTANICALS INC. filed the final prospectus for a registered offering.