Past year: ▲ 1649900%(0.02c – 3.30 USD)
Each one in plain English, with the numbers worked through for a shareholder.
30 Oct 2019quarterly activities report▼ BadMajor
An 11-years-late catch-up filing (part of the 2019 push to become compliant again): retroactively discloses that by June 30, 2008 the company had zero total assets and a net loss of $208,523 for the six months, with a $172,255 working capital deficit -- the last piece of the financial picture before Mistral deregistered that August.
28 Oct 2019auditor change● NeutralMajor
Eleven years after going dark, Mistral Ventures resurfaced under a new Liverpool, New York address, replacing non-PCAOB-registered auditor James Stafford Chartered Accountants with Boyle CPA for fiscal years 2008 through the then-current year - an attempt to become a compliant SEC filer again after over a decade with no audited financials.
14 Aug 2008listing compliance notice▼ BadMajor
Mistral deregistered its stock entirely, reporting 65 holders of record, about three weeks after its CEO transition.
25 July 2008director officer appointment▼ BadMajor
Sole director and CEO John Xinos resigned; CFO Kent Carasquero, in that role since March 2007, became CEO - though the filing itself, in an apparent copy-paste error, names 'Trustcash Holdings, Inc.' rather than Mistral as the company involved.
14 May 2008quarterly activities report▼ BadMajor
First-quarter 2008 results confirm the damage from the collapsed CypherEdge deal already disclosed in April's 10-K: a $24,308 loan writedown pushed the cumulative net loss since inception to $1,115,057, though working capital turned slightly positive ($15,443, from a $15,732 deficit at year-end) as the Trustcash/Paivis financing arrangement began advancing funds.
8 Apr 2008annual report▼ BadMajor
The delayed FY2007 10-K disclosed that the CypherEdge acquisition had collapsed and the $975,000 loan was in default (with lawyers pursuing collection), that Mistral had given up its Gold Bug mineral claim back in January 2007 in exchange for debt forgiveness, and that the company had instead committed up to $2-7 million to help finance a merger between Trustcash Holdings and Paivis Corp.; working capital swung from a $68,466 surplus to a $15,732 deficit over the year.
14 Nov 2007quarterly activities report● NeutralMajor
Cash surged to $499,530 and a new $502,171 loan receivable appeared on the balance sheet -- the CypherEdge bridge loan disclosed days earlier -- lifting working capital to $981,043, even as the nine-month 2007 net loss grew to $95,457 (from $31,715 a year earlier).
5 Nov 2007business combination▼ BadMajor
Mistral agreed to acquire all of CypherEdge Technologies, a wireless-network-services company, for 83 million newly issued shares, and advanced CypherEdge a $975,000 bridge loan at 10% interest ahead of closing - a deal that would fall through by year-end, leaving the loan in default.
11 Sept 2007other material event● Neutral
Mistral's board authorized a further 2.5-for-1 forward stock split, effective September 11, 2007 - combined with the June split, roughly a 15-fold increase in share count within about three months.
8 June 2007other material event● Neutral
Mistral's board authorized a 6-for-1 forward stock split, effective June 1, 2007.
11 Apr 2007director officer appointment● Neutral
Mistral appointed Kent Carasquero, president of stock-promotion consultancy Tyee Capital Consultants since 2002, as Chief Financial Officer and Principal Accounting Officer.
30 Mar 2007annual report● Neutral
Mistral's FY2006 annual report showed a $51,761 net loss, working capital of $68,466, and confirmed all 2 million IPO units had been sold; the company's only asset remained its Gold Bug mineral claim.
