Past year: ▲ 150%(1.00c – 11.0c USD)
Each one in plain English, with the numbers worked through for a shareholder.
28 July 2004auditor change● Neutral
This amendment changes the wording: it says the audit committee terminated Brown Armstrong on July 13, 2004, rather than describing a mutual agreement as the first filing did. It again reports no disagreements, and says Sprouse & Anderson, LLP was engaged on July 27, 2004 to audit the 2004 financial statements, resolving the open auditor question.
19 July 2004auditor change● Neutral
Royale's audit committee agreed with its auditor Brown Armstrong (which had audited 1994 through 2003) to end the engagement on July 13, 2004. The company says there were no disagreements and the prior reports had no adverse or qualified opinions. No replacement auditor is named yet.
31 May 2002business combination● Neutral
Royale Energy sent shareholders its final proxy statement for the July 11, 2002 annual meeting, asking them to re-elect all seven current directors and ratify Brown Armstrong Paulden McCown Hill Starbuck & Keeter as 2002 auditor. It also notes a 15% stock dividend to common and preferred holders of record on May 31, 2002; at March 31, 2002 there were 4,373,514 common shares, 147,000 Series A and 43,121 Series AA convertible preferred shares outstanding. This is a routine annual meeting filing, not a merger, despite its form label.
