Past year: ▲ 5%(7.97 – 9.00 USD)
Each one in plain English, with the numbers worked through for a shareholder.
3 Dec 2007capital raising announcement▼ BadMajor
USA Superior settled out of the troubled Golden Gate financing, paying $200,000 cash and replacing the $2.5 million debenture with a much smaller $625,000 debenture at deeply discounted conversion terms.
30 Nov 2007capital raising announcement▼ BadMajor
USA Superior signed a $2.5 million secured convertible debenture with Golden Gate Investors, but received only $200,000 cash upfront plus a $2.3 million promissory note back from Golden Gate rather than full funding -- and was already negotiating a settlement of the deal by the time it disclosed it.
14 May 2007capital raising announcement▲ Good
USA Superior raised $1.0 million in a private placement of stock-and-warrant units to accredited investors to fund its new energy business.
