7 May 2013director interest notice● Neutral
Michael Farmer became a Rangeford Resources, Inc. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Feb 2013business combination● Neutral
This is a duplicate of the other Feb 27, 2013 Schedule 14F-1 filing. It gives advance notice that Henson and Hadley will formally join the board around March 11, 2013, with four more directors to follow after a separate notice. The filing states 18,102,912 shares outstanding as of Feb 4, 2013.
27 Feb 2013business combination● NeutralMajor
Rangeford gave advance notice (no shareholder vote needed) that Dr. Steven Henson and Gregory Hadley will formally take their board seats around March 11, 2013, though they have acted as president and director since December 2012. Four more directors (Michael Farmer, Jim Iman, Mark Teinert, Gary Giles) are to join after a separate notice, planned for mailing around March 14, 2013. The filing says 18,102,912 shares were outstanding as of Feb 4, 2013, and that Henson is managing member of RF Colorado, which bought 9,900,000 shares in the August 2012 change of control. It also discloses a past judgment against Henson (about $2.1 million actual and $1 million punitive damages), satisfied in August 2010.
20 Feb 2013quarterly activities report▼ Bad
Rangeford Resources, Inc. reported a quarterly net loss of $698 thousand for the period ended 2012-12-31.
20 Feb 2013quarterly activities report▼ Bad
Rangeford Resources, Inc. reported a quarterly net loss of $698 thousand for the period ended 2012-12-31.
20 Feb 2013material agreement▼ BadMajor
Rangeford and Great Northern Energy changed the November 2012 deal: the closing deadline was extended to March 31, 2013, the $1.1 million note was replaced by a $1,113,260 note with $145,958.30 in extra fees, and Great Northern gets 900,000 more shares (7,400,000 total). The required minimum working capital was cut from $1.4 million to $150,000. The filing says $700,000 of the $1.2 million initial payment has been paid, Rangeford has not made the other payments now due, and there is no assurance the acquisition will happen.
19 Feb 2013director interest notice● Neutral
Steven R. Henson became a Rangeford Resources, Inc. President/CEO and company insider (initial ownership filing).
15 Feb 2013late filing notice▼ Bad
Rangeford Resources, Inc. notified the SEC that its quarterly report would be filed late.
6 Feb 2013auditor change● Neutral
On February 4, 2013, Rangeford engaged Chapman, Hext & Co., P.C. as its new auditor, its fourth firm in about three years. This fills the vacancy left by LBB's January resignation.
31 Jan 2013auditor change● Neutral
This amendment, filed after SEC comments, adds that the board approved LBB's January 4, 2013 resignation and that there were no disagreements or reportable events. It attaches LBB's letter agreeing with the statements. No new auditor had been picked as of this filing.
11 Jan 2013director interest notice● Neutral
Gregory W. Hadley became a Rangeford Resources, Inc. director and company insider (initial ownership filing).
9 Jan 2013director interest notice● Neutral
Rangeford Resources, Inc. insider Rf Ventures INC disposed of 9,900,000 shares via option/appreciation-right settlement.
9 Jan 2013auditor change▼ Bad
On January 4, 2013, LBB & Associates resigned as auditor only about a month after being hired. The filing says there were no disagreements, and that the company is looking for a replacement. It gives no reason for the resignation.
2 Jan 2013substantial holder notice● Neutral
RF VENTURES, INC. -- Former Manager of RF Colorado Ventures, LLC M.A. Littman reported no remaining Rangeford Resources, Inc. shareholding in its periodic institutional filing.
31 Dec 2012director interest notice● Neutral
Suzannah J. Guthrie became a Rangeford Resources, Inc. Secretary and company insider (initial ownership filing).
31 Dec 2012securities registration● Neutral
Rangeford Resources, Inc. filed notice of an exempt private placement.
31 Dec 2012securities registration● Neutral
Rangeford Resources, Inc. amended a filing by which it filed notice of an exempt private placement.
31 Dec 2012securities registration● Neutral
Rangeford Resources, Inc. filed notice of an exempt private placement.
31 Dec 2012director interest notice● Neutral
Steven R. Henson became a Rangeford Resources, Inc. PRESIDENT and company insider (initial ownership filing).
12 Dec 2012auditor change● Neutral
On December 4, 2012, the board dismissed Sam Kan & Company as auditor and engaged LBB & Associates, effective December 1, 2012. The filing says there were no disagreements and that Sam Kan's reports for fiscal 2011 and 2012 included a going-concern warning. Steven Henson now signs as president, replacing Ziegler.
23 Nov 2012quarterly activities report▼ Bad
Rangeford Resources, Inc. reported a quarterly net loss of $60 thousand for the period ended 2012-09-30.
21 Nov 2012capital raising announcement● NeutralMajor
On November 15, 2012, Rangeford agreed to buy a non-operating working interest in East Texas oil assets from Great Northern Energy for $3.9 million in cash and notes plus 6,500,000 shares, with Great Northern to be the operator for at least three years. The filing says Rangeford has no firm commitment yet for the funding and the prior operations must be audited first. It also reports $110,000 of 60-day 6% notes with 275,000 shares as a sweetener, and a placement agent (Delaney Equity Group, 6% fee) and consulting deal (Fidare, 20,000 shares plus a warrant). Rangeford moved to Irving, Texas.
20 Nov 2012quarterly activities report▼ Bad
Rangeford Resources, Inc. reported a quarterly net loss of $60 thousand for the period ended 2012-09-30.
16 Nov 2012securities registration● Neutral
Rangeford Resources, Inc. filed notice of an exempt private placement.
15 Nov 2012late filing notice▼ Bad
Rangeford Resources, Inc. notified the SEC that its quarterly report would be filed late.
28 Aug 2012director interest notice● Neutral
Rf Colorado Ventures, LLC became a Rangeford Resources, Inc. 10%+ owner and company insider (initial ownership filing).
20 Aug 2012quarterly activities report▼ Bad
Rangeford Resources, Inc. reported a quarterly net loss of $2 thousand for the period ended 2012-06-30.
14 Aug 2012late filing notice▼ Bad
Rangeford Resources, Inc. notified the SEC that its quarterly report would be filed late.
10 Aug 2012material agreement● NeutralMajor
Under an agreement signed July 5, 2012 and closed August 6, 2012, RF Colorado Ventures bought 9,900,000 Rangeford shares from Orphan Holdings of Texas for $300,000, giving it 98.19% of the voting stock and control of the company. Kevin Carreno joined the board, and long-time president Frederick Zeigler agreed to stay for now. The company says it intends to pursue oil and gas exploration and production opportunities.
20 July 2012substantial holder notice● Neutral
RF COLORADO VENTURES, LLC RF VENTURES, INC. -- Manager of RF Colorado Ventures disclosed a new substantial Rangeford Resources, Inc. shareholding (98.19% of votes).