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Mining Global, Inc.

US:MNGG
No current share price held for this company.

Past year: ▼ 100%(0.00c – 0.01c USD)

Market cap
—
Shares on issue
—
Story beats
8 since 2010
Last event
19 Sept 2023

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

27 Mar 2024listing compliance notice▼ Bad

Mining Global, Inc. withdrew a registration statement, abandoning the offering it covered.

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19 Sept 2023listing compliance notice▼ BadMajor

Mining Global, Inc. deregistered its securities, ending its obligation to file reports with the SEC.

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25 July 2022material agreement● NeutralMajor

A July 11, 2022 board resolution changed management again: Tom Ilic resigned, Alex Sentic became CEO, Irina Veselinovic interim COO, and Zoran Cvetojevic chairman, who bought Preferred B shares issued to Small Cap Compliance, LLC and made up to $250,000 in cash available to the company. The board also voted to revert the name from American Rolling Company, Inc. to Mining Global, Inc., to review all debts (the only debt on the books is Emry Capital, $356,000), to resume OTC Markets disclosure, and to keep pursuing a merger with Cash Next.Com, described as a carbon exchange mining company. The merger is described as previously announced and not completed.

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12 Feb 2018material agreement termination● NeutralMajor

On February 12, 2018 current management rescinded a Settlement and Exchange Agreement dated March 17, 2015 with Nathan Yoder and Joel Natario. Management says it found no evidence that Yoder advanced the loans described and calls the loan document fraudulent, invalid and non-binding. This is management's own position as stated in the filing; the Yoder side's response is not given.

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8 Mar 2017business combination● NeutralMajor

The company, now named Mining Global, Inc., reported a February 14, 2017 share exchange agreement to acquire Sammya Nigeria Limited, a Nigerian mining engineering, exploration and development business. Payment is in restricted shares of Mining Global, priced at a 25% discount to an independent appraisal not yet done, so the number of new shares (dilution) is not yet known. Control also changed: Joel Natario sold all 2,000,000 Series A preferred shares to Mina Mar Group, Inc., and Sammy Adigun became CEO, with Miro Zecevic and Stanley Olatunde also taking officer/director roles.

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18 Feb 2015substantial holder notice● Neutral

Magna Management, LLC, Magna Equities II, LLC, Joshua Sason reported no remaining Mining Global, Inc. shareholding in its periodic institutional filing.

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1 May 2014listing compliance notice▼ BadMajor

Mining Global, Inc. deregistered its securities, ending its obligation to file reports with the SEC.

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26 Sept 2013director interest notice● Neutral

Cedric N Atkinson became a Mining Global, Inc. Chief Executive Officer and company insider (initial ownership filing).

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25 Sept 2013director interest notice● Neutral

Gregory K Clements became a Mining Global, Inc. Chief Financial Officer and company insider (initial ownership filing).

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8 Apr 2013substantial holder notice● Neutral

Magna Group LLC disclosed a new substantial Mining Global, Inc. shareholding (7.81% of votes).

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13 Mar 2013substantial holder notice● Neutral

Magna Group LLC reported a Mining Global, Inc. shareholding of 19,886,363 shares (7.50% of votes) in a periodic institutional filing.

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28 Feb 2013substantial holder notice● Neutral

Magna Group LLC disclosed a new substantial Mining Global, Inc. shareholding (7.50% of votes).

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14 Feb 2013substantial holder notice● Neutral

IBC FUNDS, LLC EIN disclosed a new substantial Mining Global, Inc. shareholding (9.20% of votes).

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14 Feb 2013substantial holder notice● Neutral

IBC FUNDS, LLC EIN disclosed a new substantial Mining Global, Inc. shareholding (9.20% of votes).

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29 Jan 2013substantial holder notice● Neutral

ASHER ENTERPRISES, INC. EIN disclosed a new substantial Mining Global, Inc. shareholding (9.99% of votes).

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30 Nov 2012late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its annual report would be filed late.

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7 Aug 2012auditor change● Neutral

This amendment adds Davidson & Company's letter of August 7, 2012 agreeing with the company's statements about its dismissal, which was missing from the August 6 filing. It repeats the auditor change to MaloneBailey with no new substance.

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6 Aug 2012auditor change● Neutral

On July 31, 2012 the company dismissed its auditor Davidson & Company and appointed MaloneBailey, LLP for the year ending August 31, 2012. The filing reports no disagreements; Davidson's earlier reports included a going-concern doubt. Davidson's confirmation letter was still to come.

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16 July 2012late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its quarterly report would be filed late.

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19 June 2012material agreement● Neutral

Atkinson and Ryan extended the closing date of the control-share purchase from June 1 to July 2, 2012, raising the price from $125,000 to $130,000 and the final payment to $80,000. This continues the March 2012 change-of-control; the deal was still unclosed at this point.

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24 May 2012asset acquisition disposition● NeutralMajor

On May 21, 2012 the company bought 100% of PureSpectrum Oil and Gas, Inc., a Texas oil and gas leasing company, from PureSpectrum, Inc., paying 2,500,000 restricted shares and taking on 70% of the seller's secured debts (about $650,000). The seller's CEO is also Cedric Atkinson, the company's CEO, so this is a related-party deal. The company also signed a five-year CEO agreement with Atkinson at $20,000 a month plus 10,000,000 restricted shares vesting over the term, void if his share purchase from Ryan does not close.

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8 May 2012business combination● NeutralMajor

This notice says control of the company changed on March 2, 2012, when David K. Ryan sold 900,000 shares (about 55.2% of the stock) to Cedric Atkinson for $125,000, with $50,000 paid and $75,000 due by June 1, 2012. Atkinson became President and CEO, Shane Epps resigned from the board, and Murray Gregory Clements is expected to join the board. The filing does not mention the 2010 OTS/HOTI letter of intent.

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23 Apr 2012quarterly activities report▼ Bad

Mining Global, Inc. reported a quarterly net loss of $75 thousand for the period ended 2012-02-29.

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16 Apr 2012late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its quarterly report would be filed late.

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26 Jan 2012quarterly activities report▼ Bad

Mining Global, Inc. reported a quarterly net loss of $30 thousand for the period ended 2011-11-30.

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17 Jan 2012late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its quarterly report would be filed late.

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29 Nov 2011late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its annual report would be filed late.

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21 Oct 2011director interest notice● Neutral

Mining Global, Inc. President, Secretary, Treasure David K Ryan bought 900,000 shares on the open market at $0.00.

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20 July 2011quarterly activities report▼ Bad

Mining Global, Inc. reported a quarterly net loss of $36 thousand for the period ended 2011-05-31.

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15 July 2011late filing notice▼ Bad

Mining Global, Inc. notified the SEC that its quarterly report would be filed late.

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