17 Nov 2014late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its quarterly report would be filed late.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Aug 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.0 million for the period ended 2014-06-30.
20 May 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $163 thousand for the period ended 2014-03-31.
15 May 2014late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its quarterly report would be filed late.
17 Apr 2014auditor change● Neutral
Amendment no. 1 to the April 7 auditor-change report, filed because required disclosures were left out of the original. It adds that the audit committee reviewed GBH's independence and found no commercial relationship that would impair it, and that the company did not consult GBH on the matters listed in Item 304(a)(2) during the last two fiscal years or through April 7, 2014. It also corrects the exhibit list to show the Malone Bailey letter to the SEC. The dismissal of Malone Bailey, the appointment of GBH and the going-concern note are otherwise unchanged.
8 Apr 2014auditor change▼ BadMajor
On April 7, 2014 the board dismissed its auditor Malone Bailey (the firm that audited 2011 and 2012 and reviewed the 2013 quarterly reports) and appointed GBH CPAs, PC, effective immediately. The filing says the change was not due to any disagreement, but notes Malone Bailey's 2011 and 2012 audit reports carried a going-concern warning (substantial doubt about the company's ability to continue). GBH is to audit 2013 (split into a successor period from Oct 9, 2013 and a predecessor period to Oct 8, 2013) and 2012; the company says it intends to seek a national exchange listing after the 2013 10-K and to file 2014 quarterly reports on time. This follows the late annual-report notice of March 31, 2014.
31 Mar 2014late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its annual report would be filed late.
23 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
23 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
23 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
22 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
22 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
22 Jan 2014quarterly activities report▼ Bad
RADIANT OIL & GAS INC reported a quarterly net loss of $3.7 million for the period ended 2013-12-31.
15 Aug 2011late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its quarterly report would be filed late.
16 May 2011late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its quarterly report would be filed late.
1 Apr 2011late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its annual report would be filed late.
14 Jan 2011business combination● Neutral
Another filing of amendment no. 4 to the August 2010 Jurasin deal report, apparently a refiled version of the January 5 document. The visible text is the same: 5,500,002 shares issued to Jurasin holders, up to 500,000 more, and $500,000 of debentures converted with $100,000 repaid. The truncated text shows no new terms.
5 Jan 2011business combination● Neutral
Amendment no. 4 to the August 2010 Jurasin deal report, responding to SEC comments, and it adds Item 5.06 (change in shell company status). The share and debenture terms match the previous amendment. It adds that the 500,000 milestone shares vested in the fourth quarter of 2010 (the Garnet acreage nomination and the Apache seismic permit extension), that the debentures carried 18% interest, and that about $30,000 of accrued interest was paid. Up to 500,000 further shares remain issuable.
9 Dec 2010business combination● NeutralMajor
Amendment no. 3 (it is labelled no. 2 in its own text) to the August 2010 Jurasin deal report, again responding to SEC comments, and it updates terms. Jurasin holders have now received 5,500,002 shares in total (500,000 from milestones met), with up to 500,000 more on two of five remaining conditions. Of the $600,000 debentures, $500,000 was converted into shares in November 2010 and $100,000 was repaid with interest. Warrants for 300,000 shares are now stated at $1.00, not the $0.50 previously recorded. John Thomas Financial's terms are detailed: $8,000 a month consulting fee, placement fees of 8-10% on equity raised, and a filing deadline for a resale registration statement. This resolves the debenture thread and changes the share and warrant figures in the context.
23 Nov 2010securities registration● Neutral
RADIANT OIL & GAS INC filed notice of an exempt private placement.
17 Nov 2010capital raising announcement▲ GoodMajor
The company sold 1,065,000 shares on November 12, 2010 for $1,065,000 and 150,000 shares on November 15 for $150,000 to accredited investors, with demand registration rights on the 1,215,000 shares. The November 12 amount includes $500,000 of debentures converted into 500,000 shares. Sales commissions were 8% ($85,200 and $12,000), plus about $31,000 of related expenses on the first sale. This is the first equity raised under the John Thomas Financial offering shown in the filings, though the text does not name JTF as the placement agent for these sales. The $500,000 conversion ties to the August 2010 debentures.
16 Nov 2010late filing notice▼ Bad
RADIANT OIL & GAS INC notified the SEC that its quarterly report would be filed late.
8 Nov 2010business combination● Neutral
Amendment no. 2 to the August 2010 Jurasin reverse-merger report, filed in response to SEC staff comments. It restates the deal terms already known (5,000,000 shares at closing, up to 1,000,000 more on four of seven milestones, the $884,000 4% note to Jurasin due by May 31, 2013 or on a $10M+ equity raise) and adds that one milestone is already met: the Apache seismic permit and sub-lease was extended in September 2010, so those shares will be issued.
24 Sept 2010business combination▼ Bad
This amends the August 2010 Jurasin deal report to reflect a 2-for-1 reverse split on September 9, 2010, so the share figures are halved: 5,000,000 shares at closing and up to 1,000,000 more, with 3,000,000 shares to John Thomas Financial (2,000,000 returnable if it does not raise at least $10 million). It adds Jurasin's six-month financials to June 30, 2010 and restates 2008, 2009 and March 2010 results to correct a capitalized interest error. The deal terms are otherwise unchanged.
15 Sept 2010director interest notice● Neutral
Timothy N. Mccauley became a RADIANT OIL & GAS INC VP-Eng & Expl Drilling and company insider (initial ownership filing).
15 Sept 2010director interest notice● Neutral
John M. Jurasin became a RADIANT OIL & GAS INC President, CEO, Chairman and company insider (initial ownership filing).
15 Sept 2010director interest notice● Neutral
Arthur Thomas Mccarroll became a RADIANT OIL & GAS INC Vice President - Exploration and company insider (initial ownership filing).
15 Sept 2010director interest notice● Neutral
Robert M. Gray became a RADIANT OIL & GAS INC Vice President-Land and company insider (initial ownership filing).
2 Sept 2010substantial holder notice● Neutral
John Thomas Financial, Inc disclosed a new substantial RADIANT OIL & GAS INC shareholding (27.10% of votes).
2 Sept 2010director interest notice● Neutral
John Thomas Financial, INC. became a RADIANT OIL & GAS INC 10%+ owner and company insider (initial ownership filing).