Each one in plain English, with the numbers worked through for a shareholder.
16 Jan 2009quarterly activities report● Neutral
Premier Energy's delayed quarterly report (period ended November 30, 2008) showed the company still had no oil-and-gas operations of its own, filed just two months before it acquired its first real energy asset.
Premier Energy issued a press release confirming its new strategic focus on oil and gas exploration and production under incoming CEO Anton Prodanovic, following the discontinuation of its former (nursing-products) business.
22 Oct 2008director officer appointment▲ GoodMajor
Premier Energy hired Dr. Anton Prodanovic - a veteran of Mobil Corporation and Exxon Production Research with decades of oil-and-gas project experience - as CEO and director, the clearest signal yet that the company intended to become a real energy operator rather than just carry the name.
Premier Energy Corp.'s quarterly report showed the company still had no revenue and no operating business, in the gap between its rename and its eventual energy-asset acquisition.
New owner Michael Yuster renamed the company from Premier Nursing Products Corp. to Premier Energy Corp., signaling a pivot away from its original nursing-products plan well before any actual energy business was acquired.
Founder Sheldon Rose sold 162,000,000 shares (about 77% of the company) to ZRV Consulting Inc. - owned by Michael Yuster - for $300,000 cash, resigning all his positions as Yuster took over as President, CEO and director; the company's original nursing-products plan was effectively abandoned at this point.
Premier Nursing Products' first annual report (year ended May 31, 2008) showed no revenue and substantial doubt about its ability to continue as a going concern; its sole employee remained unpaid CEO Sheldon Rose.
Premier Nursing Products filed a Regulation D exemption notice for a securities sale; this filing exists only as a paper-era placeholder on EDGAR with no electronically readable content.
Premier Nursing Products refiled its first quarterly report as an amendment; the company's financial position (no revenue, development stage) was unchanged.
Premier Nursing Products Corp., a newly incorporated Florida shell planning to manufacture and sell breastfeeding/nursing products (nursing pads, pillows, privacy shawls), filed to register 3,000,000 shares at $0.01 each (up to $30,000) for its IPO under sole officer/director Sheldon R. Rose.