16 Dec 2013late filing notice▼ Bad
Hondo Minerals Corp 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.
29 Oct 2013late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its annual report would be filed late.
22 Oct 2013director interest notice● Neutral
Siegel Howard Bruce became a Hondo Minerals Corp director and company insider (initial ownership filing).
16 Oct 2013director interest notice● Neutral
Hondo Minerals Corp director John Charles Skip Headen gifted 25,000 shares.
16 Oct 2013director interest notice● Neutral
Hondo Minerals Corp director John Charles Skip Headen received 230,000 shares as part of the equity award.
15 Oct 2013director interest notice● Neutral
Christopher Larson became a Hondo Minerals Corp CFO and company insider (initial ownership filing).
11 Oct 2013director interest notice● Neutral
William R Miertschin became a Hondo Minerals Corp CEO, President and company insider (initial ownership filing).
11 Oct 2013director interest notice● Neutral
Botello Benjamin became a Hondo Minerals Corp director and company insider (initial ownership filing).
13 Sept 2013director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson received 330,000 shares as part of the equity award.
13 Sept 2013director interest notice● Neutral
Hondo Minerals Corp director John Charles Skip Headen received 230,000 shares as part of the equity award.
13 Sept 2013director interest notice● Neutral
Hondo Minerals Corp director Siegel Howard Bruce received 30,000 shares as part of the equity award.
13 Sept 2013director interest notice● Neutral
Hondo Minerals Corp director Botello Benjamin received 30,000 shares as part of the equity award.
13 Sept 2013director interest notice● Neutral
Hondo Minerals Corp CEO, President William R Miertschin received 630,000 shares as part of the equity award.
7 Aug 2013financial restatement● Neutral
This amendment to the August 6, 2013 restatement 8-K only attaches a letter from the company's accountant, KWCO, PC, about the non-reliance on the July 31, 2012 financial statements. The original disclosure ($1,668,554 common stock liability) is repeated unchanged.
6 Aug 2013financial restatement▼ BadMajor
The company disclosed that its financial statements for the year ended July 31, 2012 should no longer be relied on, after notice from its accountant on or about December 13, 2012. A lawsuit settlement paid in shares, originally booked as equity, was reclassified as a $1,668,554 liability because the number of shares to be issued is not fixed, and a derivative liability/expense was also needed. The restated accounts were already filed in a 10-K/A on December 21, 2012, so this 8-K is a late disclosure; the lawsuit settlement appears to be the Ironridge arrangement (an inference).
19 June 2013quarterly activities report▼ Bad
Hondo Minerals Corp reported a quarterly net loss of $3.3 million for the period ended 2013-04-30.
14 June 2013late filing notice▼ Bad
Hondo Minerals Corp notified the SEC that its quarterly report would be filed late.
17 May 2013director interest notice● Neutral
Hondo Minerals Corp director Siegel Howard Bruce received 105,000 shares as part of the equity award.
17 May 2013director interest notice● Neutral
Hondo Minerals Corp director Botello Benjamin received 105,000 shares as part of the equity award.
14 May 2013business combination● Neutral
This is a cover page and exhibit index referencing a May 10, 2013 press release that was filed in a separate 8-K on May 14, 2013. The filing itself contains no substance, and the press release's content is not shown here.
3 May 2013business combination● Neutral
This is a cover page and exhibit index for pre-commencement communications about the Crowncorp letter of intent and addendum, pointing to exhibits already filed. It contains no new information.
2 May 2013material agreement● Neutral
This amendment to the Crowncorp $88 million letter of intent 8-K only corrects the press release date to May 2, 2013 (not May 1). The deal terms are repeated unchanged. The attached press release calls the letter of intent binding and says shareholders are expected to receive $75 million less debt repayment and transaction expenses.
2 May 2013material agreement▲ GoodMajor
On April 25, 2013 the company signed a letter of intent with Crowncorp Investments Corporation for an all-cash $88 million purchase of all its assets and shares, up from the $75 million Crowncorp offer of December 2012. It depends on a tender offer to shareholders and a definitive operating agreement giving Crowncorp management and control. Payments are $1.6M, $1.6M and $2.8M to the company in stages, then $69M to shareholders (plus the balance left after certain debts are paid) and $13M to the company on completion of the tender offer. If the deal does not close within six months, or Crowncorp fails to pay or repudiates, Crowncorp owes a $2M break-up fee and money already advanced is treated as a senior secured loan to the company (net of the fee). An April 30 addendum moved the first deposit from April 29 to May 10, 2013. The tender offer has not started and the board has yet to make a recommendation.
17 Apr 2013director interest notice● Neutral
Grosberg Stephen Michael became a Hondo Minerals Corp 10%+ owner and company insider (initial ownership filing).
17 Apr 2013director interest notice● Neutral
Hondo Minerals Corp 10%+ owner Grosberg Stephen Michael bought 4,600,000 shares on the open market.
17 Apr 2013director interest notice● Neutral
Hondo Minerals Corp director John Charles Skip Headen received 960,000 shares as part of the equity award.
17 Apr 2013director interest notice● Neutral
Hondo Minerals Corp CEO, President William R Miertschin received 1,260,000 shares as part of the equity award.
17 Apr 2013director interest notice● Neutral
William R Miertschin became a Hondo Minerals Corp CEO, President and company insider (initial ownership filing).
17 Apr 2013director interest notice● Neutral
Hondo Minerals Corp director Botello Benjamin received 60,000 shares as part of the equity award.
25 Mar 2013director interest notice● Neutral
Hondo Minerals Corp CFO Christopher Larson bought 60,000 shares on the open market at $5400.00.