Past year: ▲ 0%(100.00 – 100.00 USD)
Each one in plain English, with the numbers worked through for a shareholder.
27 Mar 2009auditor change● Neutral
On March 26, 2009 the company dismissed its auditor George Stewart, CPA, and appointed Malone & Bailey, PC. The filing reports no disagreements with the former auditor, though his earlier report included a going-concern paragraph citing lack of revenues and history of losses. The company's address is now listed in Lima, Peru.
18 Sept 2008capital raising announcement▲ GoodMajor
The company completed the final closing of its private share sale on September 17, 2008, selling 675,000 more shares at $1.00 for net proceeds of $668,000. This brings the total raised in the offering to $2,025,000 gross (1,350,000 plus 675,000 shares), to be used for general corporate purposes tied to its South America and Peru mining focus.
15 Sept 2008capital raising announcement▲ GoodMajor
Now named Loreto Resources Corporation (formerly Loreto Corporation), the company closed the first part of a private share sale on September 9, 2008: 1,350,000 shares at $1.00 each, for net proceeds of $1,312,313. It says it will use the money for general corporate purposes under a new strategy focused on mining in South America, starting with Peru, and the filing is signed by Luis F. Saenz as President.
What it means for a shareholder
1.4m new shares at $1.00 to raise about $1.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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9 Nov 2007capital raising announcement● Neutral
This amends the July 2007 filing about the 3,000,000 shares issued to Magdalena Cruz for her services. The only change stated is the correction of the par value of the common stock, from $0.001 to $0.0015 per share; the share count and recipient are unchanged.
6 July 2007capital raising announcement● Neutral
The company, then named Loreto Corporation, issued 3,000,000 shares of common stock on July 2, 2007 to Magdalena Cruz, its President, CEO, CFO and director, in exchange for her services. The filing says she had served without monetary compensation since inception on June 28, 2006, so this adds shares to the count without any cash coming in.
13 Feb 2007securities registration● Neutral
HK GRAPHENE TECHNOLOGY CORP amended a filing by which it registered a small-business securities offering with the SEC.
23 Jan 2007securities registration● Neutral
HK GRAPHENE TECHNOLOGY CORP registered a small-business securities offering with the SEC.
