Past year: ▼ 100%(5.00c – 27.20 USD)
Each one in plain English, with the numbers worked through for a shareholder.
5 Nov 2014listing compliance notice▼ BadMajor
Laredo voluntarily deregistered its common stock with the SEC, citing only 88 holders of record, ending its reporting obligations and closing out its public-company history without the Pony Mountain acquisition ever being reported as completed.
12 Sept 2014other material event▼ BadMajor
FINRA approved a drastic 1-for-500 reverse stock split, undoing the 2012 forward split and signaling continued instability in Laredo's share structure as the Pony Mountain plan struggled to gain traction.
21 July 2014quarterly activities report▼ Bad
Laredo Resources Corp. reported quarterly revenue of $0 and a net loss of $135 thousand for the period ended 2014-05-31.
15 July 2014late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its quarterly report would be filed late.
8 July 2014auditor change● Neutral
Laredo dismissed De Joya Griffith as its auditor with no disclosed disagreements and engaged MaloneBailey LLP in its place ahead of its FY2014 audit.
24 Apr 2014dividend declaration● Neutral
Laredo declared a small stock dividend of one restricted Preferred B share for every 100,000 common shares held, following FINRA approval.
15 Apr 2014bylaws amendment● Neutral
Laredo further increased its authorized common stock to 3 billion shares, continuing the share-structure expansion begun in September 2013 (again mislabeled in the company's own filing as an Item 5.02 director/officer change rather than the Item 5.03 articles amendment it actually is).
15 Apr 2014securities registry admin● Neutral
Laredo filed a further registration statement for shares issuable under its 2014 equity incentive plan, incorporating its auditor's consent to reuse the FY2013 financial statements.
14 Apr 2014quarterly activities report▼ Bad
Laredo Resources Corp. reported quarterly revenue of $0 and a net loss of $2.1 million for the period ended 2014-02-28.
30 Jan 2014securities registry admin● Neutral
Laredo registered shares under its newly adopted 2014 Employee and Consultant Incentive Equity Plan, a routine step enabling future stock-based compensation.
21 Jan 2014quarterly activities report▼ Bad
Laredo Resources Corp. reported a quarterly net loss of $89 thousand for the period ended 2013-11-30.
14 Jan 2014late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its quarterly report would be filed late.
18 Dec 2013annual report● Neutral
Laredo amended its FY2013 annual report to attach additional corporate-governance and consent exhibits, without changing the reported financial results.
13 Dec 2013annual report▼ Bad
Laredo's FY2013 annual report showed accumulated losses widening to $356,345, driven largely by Pony Mountain acquisition costs, including new shares issued to Magna Management as consideration for Magna's $240,000 payment toward the property's purchase price.
26 Nov 2013late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its annual report would be filed late.
9 Oct 2013other material event▲ Good
Laredo issued a news release describing early-stage ore-hauling and testing work at Pony Mountain, indicating on-the-ground activity had begun at the property under a state environmental permit.
30 Sept 2013bylaws amendment● NeutralMajor
Laredo amended its articles of incorporation to raise authorized common stock to 2 billion shares and create four new classes of preferred stock — a dilution-enabling step taken while building out the Pony Mountain deal (the company's own filing mislabeled this an Item 5.02 director/officer change; it is actually an Item 5.03 articles amendment).
11 Sept 2013other material event▲ GoodMajor
Laredo formalized its 2012 preliminary agreement with Magna Management, taking on Magna's contractual buyer rights to the roughly 4,000-acre Pony Mountain Gold property in Montana under an August 2013 purchase contract with the underlying sellers.
16 July 2013quarterly activities report▼ Bad
Laredo Resources Corp. reported quarterly revenue of $0 and a net loss of $100 thousand for the period ended 2013-05-31.
15 July 2013late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its quarterly report would be filed late.
22 Apr 2013quarterly activities report▼ Bad
Laredo Resources Corp. reported quarterly revenue of $0 and a net loss of $39 thousand for the period ended 2013-02-28.
15 Apr 2013late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its quarterly report would be filed late.
22 Jan 2013quarterly activities report▼ Bad
Laredo Resources Corp. reported a quarterly net loss of $70 thousand for the period ended 2012-11-30.
14 Jan 2013late filing notice▼ Bad
Laredo Resources Corp. notified the SEC that its quarterly report would be filed late.
21 Dec 2012annual report● Neutral
Laredo amended its FY2012 annual report to attach newly adopted corporate-governance exhibits, including an audit committee charter, without changing any reported financial results.
29 Nov 2012annual report▼ Bad
Laredo's FY2012 annual report, filed shortly after the change in control, showed accumulated losses growing to $120,470 and continuing going-concern doubt, still reflecting the legacy ABR Claims business ahead of the pivot to Pony Mountain.
5 Nov 2012other material event▲ GoodMajor
Laredo signed a 60-day exclusive right to negotiate buying Magna Management Ltd.'s interest in the Pony Mountain Gold property in Montana — its first concrete lead on a new business after shedding its Nevada mineral claims.
31 Oct 2012other material event● NeutralMajor
Laredo's new management authorized a 50-for-1 forward stock split and increased authorized shares fiftyfold to 4.5 billion, a share-structure overhaul typical of preparing a cleaned-out shell company for a new business direction.
22 Oct 2012director interest notice● Neutral
Robert Gardner became a Laredo Resources Corp. President, CEO and CFO and company insider (initial ownership filing).
14 Sept 2012director officer appointment● NeutralMajor
Laredo's founder Ruth Cruz Santos sold her controlling 2,000,000-share stake to Robert Gardner for $20,000 and resigned as officer and director, while Laredo simultaneously transferred its ABR mineral-claims subsidiary back to Santos in exchange for cancelling roughly $86,500 of loans she was owed — leaving Laredo an asset-free shell under entirely new management.
