Past year: ▼ 86%(0.12c – 1.03c USD)
Each one in plain English, with the numbers worked through for a shareholder.
27 May 2026financial restatement▼ BadMajor
After discussions with SEC staff, restated its FY2025 Form 10 and Q1 2026 financials, reclassifying the Peeples Inc. acquisition from business-combination to asset-acquisition accounting under ASC 805-50 -- a non-cash presentation fix with no fraud or cash issues alleged, but confirmation its recent re-registration is under active SEC review.
29 Jan 2026material agreement▲ GoodMajor
After years of dormancy (deregistered in 2018, revived under new leadership in 2025 as a Texas company), subsidiary Peeples Inc. signed a mineral materials lease with the Arizona State Land Department for 377 acres in Yavapai County running through 2043 -- the company's first real operating mineral asset in over a decade.
16 Feb 2018listing compliance notice▼ BadMajor
MINERALRITE Corp deregistered its securities, ending its obligation to file reports with the SEC.
10 Mar 2015auditor change● Neutral
Dismissed L.L. Bradford (no disagreements reported) and engaged Martinellimick PLLC as the company's new independent auditor.
22 Jan 2015material agreement▼ BadMajor
Took on a new $77,778 convertible note from River North Equity at a 10% original-issue discount and a 50%-of-market conversion price, secured by CEO Guy Peckham's own pledged preferred shares, plus a separate equity-line agreement -- deepening reliance on death-spiral financing with share count already above a billion.
1 Oct 2014capital raising announcement▼ BadMajor
Issued 722 million more shares for just $35,022 of debt and drew another 12% convertible redeemable note; shares outstanding more than doubled again, to 1.32 billion, in two weeks.
17 Sept 2014capital raising announcement▼ BadMajor
Issued 197 million more shares to retire just $32,187 of debt and drew a new 8% convertible redeemable note, pushing shares outstanding toward 595 million as the dilution spiral deepened.
16 Sept 2014auditor change● Neutral
A second Form 8-K restating the same August 12 dismissal of Bongiovanni & Associates as auditor -- appears to be a corrected refiling rather than a separate auditor change.
9 Sept 2014capital raising announcement▼ Bad
Settled roughly $85,000 of payables that creditor IBC Funds had bought up and sued to collect in Florida, agreeing to retire the debt through stock conversions rather than cash.
19 Aug 2014auditor change▼ Bad
Dismissed Bongiovanni & Associates as auditor; its prior report had likewise flagged substantial doubt about the company's ability to continue as a going concern.
18 Aug 2014capital raising announcement▼ BadMajor
Issued another 59.6 million shares to retire just $23,073 of debt, taking shares outstanding to 401.7 million within two more weeks.
6 Aug 2014capital raising announcement▼ BadMajor
Issued 69 million new common shares over three weeks to retire just $46,150 of convertible-note and payables debt, pushing shares outstanding to 342 million -- an early sign of the toxic-note dilution spiral that would accelerate through the rest of 2014.
22 July 2014capital raising announcement▼ BadMajor
Insiders including CEO Guy Peckham exchanged 31 million common shares for new Series B Preferred stock, freeing up authorized common shares so the company could keep converting outstanding convertible notes into stock; Peckham separately swapped his own $100,000 note for Series A Preferred -- capital-structure moves that set up further heavy dilution.
20 Sept 2013material agreement▼ BadMajor
Signed a $686,000 raw-materials supply contract with an unnamed Asian buyer for delivery into Vietnam, even as Santeo Financial and its assignees sued to collect the $397,193 note from the 2012 debt restructuring -- still the company's single largest liability.
14 Aug 2013auditor change▼ Bad
Dismissed auditor Robison, Hill & Co., whose prior reports had flagged substantial doubt about the company's ability to continue as a going concern given roughly $6.3 million in accumulated losses and a working-capital deficit.
3 May 2013capital raising announcement● NeutralMajor
Entered a 50/50 joint venture with Mexican operator CSI Import and Export to run copper (and potentially iron ore) mining in Chiapas and Jalisco, funded by a new $100,000, 12%-interest convertible note -- the company's first toxic convertible-note financing.
6 Mar 2013business combination▲ GoodMajor
Agreed to acquire 100% of Goldfield International, a Nevada company that manufactures gold and precious-gem recovery equipment, paying with 2 million restricted shares -- the deal that gave the newly renamed MineralRite an actual operating business.
21 Nov 2012capital raising announcement▼ Bad
Restructured over $200,000 owed to Ruskowsky-affiliated Santeo Financial down to a capped $397,193 balance on a payment plan, and converted $59,000 of legal fees owed to outside counsel into stock -- clearing legacy shell-era debt mostly through dilution and deferred cash rather than resolving it outright.
6 Nov 2012capital raising announcement● NeutralMajor
Renamed MineralRite Corporation and installed new CEO Guy Peckham to pursue new ventures and capital raising; a 1:50 reverse split cut shares outstanding to about 1.06 million before 40 million new shares were issued to twelve people for services -- the company's second reset after the uranium venture went nowhere.
2 Aug 2007material agreement● NeutralMajor
Now renamed Royal Quantum Group, the company amended its agreement to acquire 1,540 acres (77 claims) of uranium exploration ground next to the Sheep Mountain Mine in Wyoming, with $220,000 in staged payments due through January 2008.
5 Oct 2005asset acquisition disposition● NeutralMajor
Then known as Platinum SuperYachts, the company sold its yacht-design assets and name back to a former officer in exchange for cancelling his 9 million shares, while issuing 14.97 million new shares to Santeo Financial (an entity affiliated with director Ron Ruskowsky) to retire a $149,700 debt -- handing Ruskowsky control of the shell.
