24 July 2006bylaws amendment● Neutral
Effected a 15-for-1 forward stock split (record date July 18, 2006) and raised authorized common stock from 100 million to 1.5 billion shares, taking shares outstanding from 3,506,000 to 52,590,000.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 June 2006director interest notice● Neutral
Gurdeep Kainth became a PRIMEGEN ENERGY CORP Sectreary and company insider (initial ownership filing).
1 June 2006director interest notice● Neutral
Saleem S Mohamed became a PRIMEGEN ENERGY CORP President, CEO, CFO, Treasurer and company insider (initial ownership filing).
31 May 2006securities registry admin● Neutral
Registered the now-issued common stock under Section 12(g), a routine follow-on to the completed SB-2 offering.
10 May 2006quarterly activities report▲ Good
The company completed its public offering in February 2006, selling 1,006,000 shares and raising $100,600 - total assets jumped to $100,526 and shares outstanding rose to 6,006,000, closing out the SB-2 registration thread.
13 Feb 2006quarterly activities report● Neutral
Second quarterly report: a small $2,267 net loss for the quarter, with $8,740 in share-subscription advances already received ahead of the IPO closing.
4 Nov 2005quarterly activities report● Neutral
First quarterly report as a public shell: net loss of $17,362 for the quarter (cumulative deficit $39,177 since May 2005 inception); the IPO had not yet closed and total assets were just $1,929.
12 Sept 2005other● Neutral
Requested SEC acceleration of the SB-2 registration's effective date to September 14, 2005, closing out the review process.
9 Sept 2005securities registration● Neutral
Second amendment to the SB-2 registration addressing the SEC's follow-up comments.
8 Sept 2005other● Neutral
SEC's follow-up round of comments on the amended SB-2 registration.
2 Sept 2005securities registration● Neutral
First amendment to the SB-2 registration statement responding to the SEC's comments.
15 Aug 2005other● Neutral
SEC's first round of comments on the SB-2 registration, covering standard prospectus-disclosure issues (required legends, dilution and offering-price disclosure, and similar items).
22 July 2005securities registration● Neutral
Maysia Resources Corporation (later renamed PrimeGen Energy Corp) filed its initial IPO registration to sell 1-2 million common shares at $0.10 each (raising $100,000-$200,000), to fund gold exploration on a six-claim British Columbia property whose title was still held personally by President Saleem Mohamed pending the offering's completion.