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Surge Global Energy, Inc.

US:SRGG
No current share price held for this company.

Past year: ▼ 90%(0.00c – 0.10c USD)

Market cap
—
Shares on issue
—
Story beats
36 since 2002
Last event
23 Dec 2015

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

19 Oct 2004director officer appointment● NeutralMajor

Now trading as Surge Global Energy, the company bought a five-year first look at all of Calgary-based Dynamo Energy's prospects - one of which Dynamo claimed held 10 billion barrels - and sold 300,000 shares at $0.65 to pay bills. E. Jamie Schloss joined the board; he would still be running the company a decade later.

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24 Sept 2002asset acquisition disposition● NeutralMajor

The Havana Group handed control to strangers to get into oil: it issued 10.9 million shares for Bible Resources, a Nevada company with no assets beyond an agreement to buy half of the Santa Rosa property in Argentina, and Bible's principals Frederick Berndt and Steven Heard walked away with 65% of the enlarged company. The claimed 197 million barrels rested on seismic and one geologist's reports, and the deal needed $2.5 million the company did not have.

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30 Nov 2001auditor change● Neutral

The company that would become Surge Global Energy was then The Havana Group, a small Ohio pipe and tobacco retailer, and its auditor Hausser + Taylor resigned. The earliest event we hold for this company - not its beginning.

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