23 Dec 2010director interest notice● Neutral
Thomas Barr became a Imperial Resources, Inc. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Dec 2010capital raising announcement● Neutral
Amendment of the December 13 filing on the Coach Capital note conversion, filed only to fix the signature: the filing agent had wrongly included the prior CEO's signature, and it is now signed by Robert Durbin as President/CEO. The conversion terms and figures are unchanged. The company's address is now shown as Austin, Texas.
13 Dec 2010capital raising announcement● NeutralMajor
Coach Capital converted its $900,000 loan note (January 2010, owed by the Imperial Oil and Gas subsidiary), with $42,534.25 accrued interest, into 1,625,059 new shares at $0.58 per share. The note is cancelled, including Coach's claim on production from a producing well, and shares outstanding rise to 41,625,059, so existing holders are diluted but this debt is gone.
18 Nov 2010quarterly activities report▼ Bad
Imperial Resources, Inc. reported a quarterly net loss of $12 thousand for the period ended 2010-09-30.
16 Nov 2010late filing notice▼ Bad
Imperial Resources, Inc. notified the SEC that its quarterly report would be filed late.
9 Aug 2010quarterly activities report▼ Bad
Imperial Resources, Inc. reported a quarterly net loss of $4 thousand for the period ended 2010-06-30.
16 July 2010material agreement● NeutralMajor
Imperial's subsidiary Imperial Oil and Gas signed three deals: a $1,500,000 loan to HydroFX Holding for a waste water disposal venture in Wise County, Texas (convertible, at Imperial's election, into a 40% stake in the venture); a July 1, 2010 agreement with OKT Resources for a 70% working interest (78% net revenue interest) in two Grayson County, Texas wells, with costs estimated at $1,744,475; and a July 12, 2010 agreement with Husky Ventures for a 50% working interest in a horizontal drilling project in Kingfisher County, Oklahoma, for $398,750 plus estimated drilling costs of $1,503,225. These are the company's first disclosed oil, gas and disposal commitments in this history.
29 June 2010late filing notice▼ Bad
Imperial Resources, Inc. notified the SEC that its annual report would be filed late.
3 Apr 2009director interest notice● Neutral
Imperial Resources, INC. became a Imperial Resources, Inc. Chief Executive Officer and company insider (initial ownership filing).
3 Apr 2009director interest notice● Neutral
Imperial Resources, INC. became a Imperial Resources, Inc. Chief Financial Officer and company insider (initial ownership filing).
3 Apr 2009director interest notice● Neutral
Imperial Resources, INC. became a Imperial Resources, Inc. Vice President and company insider (initial ownership filing).
18 July 2008securities registration● Neutral
Imperial Resources, Inc. filed the final prospectus for a registered offering.
7 July 2008securities registration● Neutral
Imperial Resources, Inc. registered a securities offering with the SEC.