Past year: ▲ 0%(0.00c – 0.01c USD)
Each one in plain English, with the numbers worked through for a shareholder.
25 June 2012securities registration● Neutral
The SEC's second review pressed further on the missing lease document, noting the assignment's own terms referenced a separate underlying lease agreement that still hadn't been filed, and asked for any written materials shared with institutional investors under the JOBS Act's Section 5(d).
5 June 2012securities registration● Neutral
Norstra's first amended S-1 addressed some SEC comments but still hadn't filed the actual underlying Kansas oil and gas lease - only its assignment document - keeping the same $60,000 offering.
25 May 2012securities registration▼ BadMajor
The SEC's first S-1 review found real evidence the filing had been recycled from unrelated companies' boilerplate - stray references to a mobile-services client base and to unrelated companies Freeport Energy, MOXY and Wanshan Resources Corp - alongside a genuine internal inconsistency between describing the Kansas interest as a 'working interest' in one section and an 'option on a mineral property' in another, and a $60,000-vs-$85,000 mismatch in stated 12-month expense estimates.
30 Apr 2012securities registration● Neutral
Norstra Energy Inc., a Nevada shell run by sole officer/director Dallas Kerkenezov from Norway/Texas, filed to raise up to $60,000 by selling 60,000,000 new shares at $0.001 each; its only asset was a working interest in a small oil and gas lease in Reno County, Kansas, bought for $15,000 from Keta Oil and Gas Inc. in February 2012.
