6 July 2007director interest notice● Neutral
KAL ENERGY INC director Laith Robert Reynolds received a stock option grant for 250,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 July 2007director interest notice● Neutral
KAL ENERGY INC director Andrew Caminschi received 250,000 shares as part of the equity award.
27 June 2007director interest notice● Neutral
William Frederick Bloking became a KAL ENERGY INC director and company insider (initial ownership filing).
15 June 2007director interest notice● Neutral
KAL ENERGY INC COO of Thatcher Mining David Pope received a stock option grant for 250,000 shares.
11 June 2007director interest notice● Neutral
David Pope became a KAL ENERGY INC Chief Operating Officer and company insider (initial ownership filing).
8 June 2007director interest notice● Neutral
KAL ENERGY INC 10%+ owner Concord International INC. sold 250,000 shares at $0.00.
6 June 2007director interest notice● Neutral
Strato Malamas became a KAL ENERGY INC President, Secretary, Treas.* and company insider (initial ownership filing).
6 June 2007director interest notice● Neutral
KAL ENERGY INC 10%+ owner Strato Malamas gifted 23,220,000 shares.
6 June 2007director interest notice● Neutral
KAL ENERGY INC 10%+ owner Concord International INC. sold 2,000,000 shares.
1 June 2007securities registration● Neutral
KAL ENERGY INC amended a filing by which it registered a small-business securities offering with the SEC.
15 May 2007securities registration● Neutral
KAL ENERGY INC registered a small-business securities offering with the SEC.
10 May 2007director interest notice● Neutral
Antonio Varano became a KAL ENERGY INC director and company insider (initial ownership filing).
1 May 2007director interest notice● Neutral
KAL ENERGY INC 10%+ owner Concord International INC. sold 1,250,000 shares at $0.00.
16 Apr 2007late filing notice▼ Bad
KAL ENERGY INC notified the SEC that its quarterly report would be filed late.
12 Mar 2007auditor change● Neutral
Morgan & Company told the company on February 22, 2007 that it would resign as auditor once a successor was appointed, and on March 6, 2007 the board engaged Kabani & Company. The filing says Morgan's report for the year ended May 31, 2006 included a qualification as to uncertainty, and that there were no disagreements with Morgan. This is the second auditor change since 2004 and follows the Thatcher deal.
12 Mar 2007director interest notice● Neutral
Laith Robert Reynolds became a KAL ENERGY INC director and company insider (initial ownership filing).
9 Mar 2007director interest notice● Neutral
Concord International INC. became a KAL ENERGY INC 10%+ owner and company insider (initial ownership filing).
1 Mar 2007director interest notice● Neutral
Hua Seng Chew became a KAL ENERGY INC 10%+ owner and company insider (initial ownership filing).
26 Feb 2007director interest notice● Neutral
Cameron John Reynolds became a KAL ENERGY INC CHIEF EXECUTIVE OFFICER and company insider (initial ownership filing).
23 Feb 2007director interest notice● Neutral
Andrew Caminschi became a KAL ENERGY INC director and company insider (initial ownership filing).
22 Feb 2007director interest notice● Neutral
Jorge Nigaglioni became a KAL ENERGY INC Chief Financial Officer and company insider (initial ownership filing).
15 Feb 2007business combination● NeutralMajor
The Thatcher Mining deal closed on February 9, 2007, resolving the December 2006 agreement. Thatcher, which holds rights to two coal concessions in Indonesia, is now a wholly-owned subsidiary and the company's sole intended line of business. The company issued 32,000,000 shares to Thatcher's holders and raised $3,523,000 in a private placement of 17,315,000 shares, leaving 97,602,772 shares outstanding, so earlier shareholders now hold about 48%. The company says it is still at the exploration stage with no assurance of commercially viable coal, and it moved its offices to London. Laith Reynolds and Andrew Caminschi joined the board alongside Strato Malamas, with Reynolds as Chairman. Loans to Thatcher, which reached $615,000 including a further $425,000, were cancelled at closing.
8 Jan 2007material agreement● NeutralMajor
The company (formerly Patriarch, Inc.), now named KAL Energy, agreed on December 29, 2006 to buy Singapore-based Thatcher Mining by issuing 32,000,000 of its shares to Thatcher's shareholders, paying them $10,000 and a royalty of $0.40 per metric ton of coal sold. Closing was expected around January 23, 2007. Existing shareholders would hold about 46.9 million of roughly 78.9 million shares afterward, the board and president would change, and the company must sell off its pre-closing business. It had also lent Thatcher $190,000, to be cancelled at closing.
17 Jan 2006late filing notice▼ Bad
KAL ENERGY INC notified the SEC that its quarterly report would be filed late.
7 Oct 2004auditor change● Neutral
The company, then filing under the name Patriarch, Inc., said its auditor Berkovits, Lago & Company resigned on September 22, 2004, and it engaged Morgan & Company of Vancouver as the new auditor. The filing says the earlier audit report (year ended May 31, 2003) was clean and there were no disagreements with the old auditor.
30 Aug 2004late filing notice▼ Bad
KAL ENERGY INC notified the SEC that its annual report would be filed late.
22 Apr 2004securities registration● Neutral
KAL ENERGY INC amended a filing by which it registered a small-business securities offering with the SEC.
4 Aug 2003securities registration● Neutral
KAL ENERGY INC amended a filing by which it registered a small-business securities offering with the SEC.
7 July 2003securities registration● Neutral
KAL ENERGY INC amended a filing by which it registered a small-business securities offering with the SEC.
30 Apr 2003securities registration● Neutral
KAL ENERGY INC amended a filing by which it registered a small-business securities offering with the SEC.