Past year: ▲ 55%(2.52 – 5.38 GBX)
Each one in plain English, with the numbers worked through for a shareholder.
12 Feb 2010annual report▼ BadMajor
FY2009 10-K: under Sino-Western/Shengrui ownership the company abandoned oil and gas entirely - it let its Worsley, Alberta interest expire (writing off $25,000 in exploration costs and $20,000 in advances, partly offset by a $36,000 debt-settlement gain) - and pivoted toward acquiring mineral-resource operating companies in China; net loss was $124,509 for the year, cumulative deficit $725,562.
1 Feb 2010late filing notice▼ Bad
Richland Resources Corp. notified the SEC that its annual report would be filed late.
14 Sept 2009quarterly activities report▼ Bad
Shengrui reported a net loss of $69,825 for the nine months ended July 31, 2009 (cumulative deficit $670,878), with no China acquisition yet completed.
26 Aug 2009other material event● Neutral
FINRA processed the Shengrui Resources name change effective Aug 20, 2009, assigning a new CUSIP (82322F105) and ticker symbol 'SRUI'.
29 June 2009director interest notice● Neutral
Fairholm Donald Orin became a Richland Resources Corp. CFO, Treasurer and company insider (initial ownership filing).
22 June 2009quarterly activities report▼ Bad
In its first quarterly report as Shengrui Resources, the company reported a net loss of $31,351 for the six months ended April 30, 2009 (cumulative deficit $632,404), still searching for a Chinese mineral-resource acquisition.
16 June 2009late filing notice▼ Bad
Richland Resources Corp. notified the SEC that its quarterly report would be filed late.
12 June 2009bylaws amendment● Neutral
Renamed the company from Double Halo Resources Inc. to Shengrui Resources Co. Ltd., though it continued trading under its old name pending FINRA's assignment of a new ticker.
27 Apr 2009director officer appointment● NeutralMajor
The Sino-Western Petroleum share purchase closed April 16, 2009: Shacker resigned every position, and the company appointed Jianshu Tang (China-based finance/investment executive) as President, Arthur Wayne Skagen (President/CEO of Sino-Western Petroleum, Inc. since 2006) as CEO and director, Donald Orin Fairholm as CFO and director, and Haifeng Wang as Secretary.
21 Apr 2009director interest notice● Neutral
Susan Shacker, Double Halo's outgoing CEO/CFO, sold her remaining 4,120,000-share control block to Sino-Western Petroleum for $65,000 (about $0.0158/share) upon the April 16, 2009 closing, retaining 480,000 shares afterward.
3 Apr 2009director officer appointment● NeutralMajor
Sole officer/director Susan Shacker agreed to sell 4,120,000 shares (about 76% of the company) held via 138999 Alberta Ltd. to Sino-Western Petroleum, Inc. for $65,000 cash plus assumption of up to $35,000 in the company's outstanding liabilities, with closing set for April 20, 2009.
13 Mar 2009quarterly activities report▼ Bad
Double Halo reported a net loss of just $11,311 for the quarter ended January 31, 2009 (cumulative deficit $612,364), a quiet quarter sandwiched between the FY2008 stock-compensation charge and the pending sale of control to Sino-Western Petroleum.
29 Jan 2009annual report▼ BadMajor
FY2008 10-K: net loss of $586,708 for the year (including $449,550 of stock-based compensation), pushing the cumulative deficit since Oct 2006 inception to $601,053, against just $323 cash; held an interest in an oil and gas property near Worsley, Alberta.
29 Jan 2009securities registry admin● Neutral
Registered its common stock under Exchange Act Section 12(g).
29 Jan 2009director interest notice● Neutral
Shacker Susan became a Richland Resources Corp. CEO, CFO and company insider (initial ownership filing).
22 Oct 2008quarterly activities report● Neutral
Double Halo refiled its quarterly report for the period ended July 31, 2008 (Amendment No. 1) with the same reported figures - net loss of $99,092 for the nine months, cumulative deficit $113,437 - apparently to correct a non-financial filing defect.
19 Sept 2008quarterly activities report▼ Bad
Double Halo reported a net loss of $99,092 for the nine months ended July 31, 2008 (cumulative deficit $113,437 since October 2006 inception), funded by $114,440 of new stock issuances while spending $44,810 on oil and gas exploration costs at its Worsley, Alberta property.
29 Aug 2008securities registry admin● Neutral
The SEC declared the August 2008 S-1 registration effective.
20 Aug 2008securities registration● Neutral
Filed an S-1 as Double Halo Resources Inc. (Nevada, incorporated Oct 30, 2006), registering 192,400 shares for resale by 39 holders at $0.30, including shares tied to sole officer/director Susan Shacker's holding company 138999 Alberta Ltd. and her spouse David Stadnyk; the company was already engaged in oil and gas property acquisition/exploration.
