Past year: ▲ 0%(0.00c – 0.00c USD)
Each one in plain English, with the numbers worked through for a shareholder.
27 Dec 2013listing compliance notice▼ BadMajor
Deregistered its common stock under Section 12(g), citing about 40 holders of record - going dark just four months after the BioSafety reverse-merger pivot and without ever naming a replacement auditor, suggesting the new venture stalled almost immediately.
13 Dec 2013director officer appointment▼ BadMajor
Terminated Goldman Accounting Services CPA, PLLC as auditor on December 5, 2013 without naming a successor - Goldman had never actually delivered any audit report during its five-month engagement; the same day, Wilson Garduque (who had stayed on as a director after stepping down as an officer in August) resigned from the board entirely, leaving Edward Denkiewicz as sole officer and director.
18 Sept 2013material agreement● NeutralMajor
Amended the BioSafety Technology License Agreement so BioSafety would get 6% of any future proceeds if the company ever sold the underlying patent outright - and explicitly disclosed that CEO Edward Denkiewicz is BioSafety's sole officer, director and owner, meaning the license itself is a related-party transaction.
4 Sept 2013capital raising announcement▲ GoodMajor
Raised $250,000 via a 10%-interest convertible promissory note sold to a foreign institutional investor on August 29, 2013, convertible into shares at the lower of $0.25 or a 25% discount to the five-day average trading price - the first outside capital raised since the BioSafety pivot.
23 Aug 2013asset acquisition disposition▲ GoodMajor
Completed a reverse-merger-style pivot: entered a Technology License Agreement with BioSafety Systems Sp. z o.o. (Poland) to sublicense US patent 7,300,624 (air-purification/biosafety technology) and related know-how, paying with 170,000,000 new shares (stated value $230,000, 53.97% of the post-transaction share count after a related share cancellation) plus a 6% royalty on net revenues - officially ending the company's shell-company status as of August 19, 2013.
21 Aug 2013director interest notice● NeutralMajor
Disclosed that BioSafety Systems Sp. z o.o. - wholly owned by the company's own new CEO, Edward Denkiewicz - received 170,000,000 shares (held indirectly through Denkiewicz) in exchange for sublicensing air-purification/biosafety patent rights to Press Ventures.
19 Aug 2013director officer appointment● NeutralMajor
Wilson A. Garduque resigned as President/CEO/Secretary/Treasurer and Edward Denkiewicz took over all four roles under a new Management Consulting Agreement ($2,000/month plus a $5,000 signing bonus), six days before the BioSafety technology-license deal that would make Denkiewicz's own company the controlling shareholder.
5 July 2013auditor change● Neutral
LBB & Associates Ltd., LLP resigned as auditor (no adverse opinion beyond the standing going-concern qualification) and was immediately replaced by Goldman Accounting Services CPA, PLLC.
3 May 2013bylaws amendment● NeutralMajor
Amended its Articles of Incorporation to increase authorized shares fifty-fold to 5,000,000,000 and immediately executed a 50-for-1 forward stock split, taking shares outstanding from 8,300,000 to 415,000,000 - a capital-structure overhaul typically done to prepare a shell for a reverse-merger share issuance.
22 Apr 2013director officer appointment● Neutral
Lynda Cambly resigned as President/CEO/Secretary/Treasurer and sole director after roughly ten months in charge; Wilson A. Garduque was appointed to all four roles the same day (April 17, 2013), with no compensation arrangement disclosed - the shell's second change of leadership in under a year.
14 Feb 2013annual report▼ Bad
Second annual report as an exploration-stage shell (fiscal year ended October 31, 2012): accumulated deficit widened to $69,740 since incorporation, still holding just the single staked Omineca claim with no known mineralization and still under a going-concern qualification.
13 Aug 2012director interest notice● NeutralMajor
President/CEO/Secretary-Treasurer Caroline Johnston sold her entire 5,500,000-share founder stake (66.27% of the company) to Lynda Cambly for a nominal $10 aggregate price plus other unspecified consideration, resigning all her officer and director roles in the same transaction - the company's first change of control.
1 Aug 2012director officer appointment● NeutralMajor
Confirmed the same change of control: Lynda Cambly's purchase of Caroline Johnston's 5,500,000-share (66.27%) stake closed June 18, 2012, with Johnston resigning as director/President/CEO/Secretary-Treasurer and Cambly taking over all four roles.
1 Aug 2012business combination● NeutralMajor
Filed the mandatory 10-day advance notice disclosing that Lynda Cambly had bought founder Caroline Johnston's entire 66.27% stake (5,500,000 shares) on June 18, 2012 under a Stock Purchase Agreement and would take over the board - a full change of control of the still-dormant shell.
24 Feb 2012other material event▲ GoodMajor
Closed its $28,000 IPO on January 10, 2012 after selling all 2,800,000 registered shares at $0.01, bringing total shares outstanding to 8,300,000 held by 29 shareholders, with founder Caroline Johnston retaining 66.27% (5,500,000 shares).
16 Dec 2011annual report▼ Bad
First annual report as an exploration-stage shell (fiscal year ended October 31, 2011): accumulated deficit of $42,833 since incorporation in October 2010, still holding just the single staked Omineca claim with no known mineralization, and an auditor going-concern qualification.
31 Oct 2011other▲ Good
The SEC declared the S-1 registration statement effective, clearing the IPO to proceed.
27 Oct 2011other● Neutral
Asked the SEC to accelerate the registration statement's effective date to October 31, 2011, acknowledging the standard Rule 460/461 responsibilities.
23 Aug 2011other● Neutral
A third SEC staff comment letter on the registration statement; again a scanned PDF with no extractable text.
8 Aug 2011other● Neutral
A second SEC staff comment letter on the registration statement; again a scanned PDF with no extractable text.
12 Jan 2011other● Neutral
SEC staff issued a comment letter on the pending S-1 registration as part of the routine review process; the letter itself is a scanned PDF attachment with no extractable text.
