5 Nov 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Oct 2012agm notice● Neutral
MONGOLIA HOLDINGS, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
12 Oct 2012agm notice● Neutral
MONGOLIA HOLDINGS, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
2 Oct 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $186 thousand for the period ended 2012-09-30.
23 Aug 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $197 thousand for the period ended 2012-06-30.
20 Aug 2012quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $197 thousand for the period ended 2012-06-30.
14 Aug 2012late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
21 June 2012director interest notice● Neutral
MONGOLIA HOLDINGS, INC. Chief Financial Officer Richard S. Polep received 150,000 shares as part of the equity award.
4 June 2012asset acquisition disposition▼ BadMajor
Second amendment to the report on the April 1, 2010 purchase of oil and gas well interests from 12 Leland-managed partnerships in Kentucky and Tennessee. It now says the price was 22,786,872 restricted shares (earlier context said 23,216,729) for assets valued at about $4,355,000, not the ~$15,555,000 originally used, after an updated reserve report; the SEC required the 2010 quarterly reports to be restated. It also adds audited Leland partnership financials, says the partnerships' limited partners were treated as approving the deal when ballots were not returned, and says Stephen and Pamela Thompson later resigned their positions in 2011. This continues the restatement thread and lowers the recorded value of the Leland wells.
30 May 2012director interest notice● Neutral
MONGOLIA HOLDINGS, INC. insider Stephen M Thompson gifted 75,000 shares.
15 May 2012late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
29 Mar 2012late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its annual report would be filed late.
17 Feb 2012financial restatement● NeutralMajor
This amendment quantifies the error in the January 2012 non-reliance notice: about $10.9 million, with net loss reduced by that amount, loss per share reduced by $0.32 and accumulated deficit reduced by $10.9 million (that is, the earlier results overstated losses). The company amended its 2010 annual report on February 9, 2012 to remove the withdrawn audit report and label the figures unaudited, and says it will file corrected annual and quarterly reports by February 29, 2012, citing limited resources.
27 Jan 2012financial restatement▼ BadMajor
The company says its December 31, 2010 annual accounts and the June and September 2010 quarterly accounts should no longer be relied on, because goodwill should not have been recorded or impaired given a final $4.3 million valuation; it plans to amend them. On January 25, 2012 its auditor GBH CPAs withdrew its April 14, 2011 audit report, citing the company's failure to make the amendments on time, to file a timely non-reliance notice, and to respond to SEC staff comments. The board's determination dates from July 26, 2011, so this disclosure came about six months later.
30 Dec 2011material agreement termination▼ BadMajor
The company was told by letter of December 27, 2011 that Elkhorn Goldfields' board decided it cannot complete the sale of Elkhorn Goldfields, Inc. and Montana Tunnels Mining, Inc. to the company's subsidiary CSI Resources under a May 2, 2011 stock purchase agreement (as amended). Neither side owes early termination penalties, and the company says it is pursuing alternative transactions. This deal was not in earlier context.
21 Nov 2011quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $159 thousand for the period ended 2011-09-30.
14 Nov 2011late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
22 Aug 2011quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $766 thousand for the period ended 2011-06-30.
15 Aug 2011late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
12 Aug 2011director interest notice● Neutral
Richard D. Herstone became a MONGOLIA HOLDINGS, INC. director and company insider (initial ownership filing).
27 May 2011agm notice● Neutral
MONGOLIA HOLDINGS, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
17 May 2011quarterly activities report▼ Bad
MONGOLIA HOLDINGS, INC. reported a quarterly net loss of $157 thousand for the period ended 2011-03-31.
16 May 2011late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
31 Mar 2011late filing notice▼ Bad
MONGOLIA HOLDINGS, INC. notified the SEC that its annual report would be filed late.
3 Jan 2011material agreement▼ BadMajor
The October 2010 agreement to buy six California oil and gas fields from Grayson Services and RMR Energy Resources for $35 million terminated on December 31, 2010 under its own terms, so the deal did not close. The filing gives no reason and no mention of penalties.