Past year: ▲ 0%(6.00c – 6.00c USD)
Each one in plain English, with the numbers worked through for a shareholder.
16 Apr 2012annual report▼ BadMajor
The FY2011 10-K confirmed the December 13, 2011 rename to IFCI International Corp. - the fourth name for this shell since 2007. Still $0 revenue on 55,500,000 shares outstanding, cumulative losses grew to $115,618, funded solely by officer/director loans, with the company now looking for "additional business opportunities" after the web-based savings-system plan also appears to have gone nowhere.
15 Apr 2011annual report▼ BadMajor
The FY2010 10-K revealed the shell's full naming history: incorporated April 27, 2007 as Adicus Energy Corp., renamed Iron Head Mining Corp. that October, then The Connect Corp. in March 2009. The business plan had pivoted again, to "raising capital for the completion and launch of its web-based membership savings system"; shares outstanding had grown sharply to 55,500,000 (from 9,250,000, an increase not separately captured in this company's narrative filings), and cumulative losses since inception reached $74,244, with the auditor issuing a going-concern opinion.
14 June 2010director officer appointment▼ BadMajor
Michelle Pannoni resigned as President and Director effective June 11, 2010, leaving Ken Waters as the company's sole remaining officer and director.
11 June 2010director officer appointment● Neutral
Dr. Lyn DaSylva resigned as Vice President, Treasurer, Secretary and Director effective June 7, 2010.
15 Apr 2010annual report● NeutralMajor
The FY2009 10-K showed $48,207 in expenses for the year on zero revenue; despite the company having no operating business beyond its abandoned mineral claim, its stock (ticker CNNC.OB) had run up from $0.10 in late 2008 to as high as $1.02 by year-end 2009, held by just 30 stockholders of record.
30 Dec 2009director officer appointment● Neutral
A same-day 8-K/A restated the identical December 28, 2009 management changes reported the day before.
30 Dec 2009director officer appointment● Neutral
Ken Waters stepped down as President/CEO on December 28, 2009 (remaining a director); Michelle Pannoni returned as President/Director, and Dr. Lyn DaSylva was appointed Vice President, Treasurer, Secretary and Director.
25 June 2009director officer appointment● NeutralMajor
Both Pannoni and CEO David Saltrelli resigned all positions effective June 22, 2009; the filing itself was signed by Ken Waters as the company's new President/CFO, though no separate filing in this company's SEC record discloses when or how Waters was appointed.
23 Apr 2009director officer appointment● NeutralMajor
Michelle Pannoni, whose background is in web-based marketing and member-based savings systems, was appointed Secretary/Treasurer/Vice President/Director on April 19, 2009; separately, the company had already renamed itself from Iron Head Mining Corporation to The Connect Corporation on March 17, 2009 - the first sign of a pivot away from mineral exploration.
20 Mar 2009annual report▼ Bad
The FY2008 10-K showed a $22,396 net loss for the year ($22,596 cumulative since the April 2007 inception), still $0 revenue, and 9,250,000 shares outstanding - purely an exploration-stage shell centered on the Keoni1 claim.
17 Mar 2009director officer appointment● Neutral
David A. Saltrelli, president of a Florida real estate and marketing consulting firm since 2002, was appointed CEO and a director on March 11, 2009.
13 June 2008other● Neutral
The SEC declared Iron Head Mining's resale registration statement effective.
