Past year: ▼ 90%(0.00c – 0.10c USD)
Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2015financial restatement▼ BadMajor
The regulator barred Peter Messineo from practising before it, which retrospectively voided Surge's 2013 and 2014 audits and left the company unable to rely on two years of its own accounts. Not Surge's own error this time, but the consequence of a decade of choosing the cheapest available auditor. It is the last substantive thing Surge filed; its registration was revoked in 2019.
14 Aug 2015late filing notice▼ Bad
Surge Global Energy, Inc. notified the SEC that its quarterly report would be filed late.
11 Aug 2015auditor change▼ Bad
Messineo's firm declined to stand again and Surge engaged Anton & Chia - its fifth auditor since 2008, still with a going-concern warning attached.
20 May 2015quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $150 thousand for the period ended 2015-03-31.
15 May 2015late filing notice▼ Bad
Surge Global Energy, Inc. notified the SEC that its quarterly report would be filed late.
14 Nov 2014quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $220 thousand for the period ended 2014-09-30.
12 Nov 2014director officer appointment▼ Bad
William A. Fitzgerald resigned as director and senior vice president, two years after his family bought control, leaving Schloss signing the filings again.
14 Aug 2014quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $237 thousand for the period ended 2014-06-30.
15 May 2014quarterly activities report▼ Bad
Surge Global Energy, Inc. reported quarterly revenue of $145 and a net loss of $220 thousand for the period ended 2014-03-31.
31 Mar 2014late filing notice▼ Bad
Surge Global Energy, Inc. notified the SEC that its annual report would be filed late.
6 Feb 2014securities registration● Neutral
Surge Global Energy, Inc. filed notice of an exempt private placement.
14 Nov 2013quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $236 thousand for the period ended 2013-09-30.
10 Oct 2013securities registration● Neutral
Surge Global Energy, Inc. filed notice of an exempt private placement.
10 Oct 2013securities registration● Neutral
Surge Global Energy, Inc. filed notice of an exempt private placement.
4 Oct 2013asset acquisition disposition▼ BadMajor
Surge issued 500,000 shares at $0.50 plus warrants - $250,000 of stock - to acquire investment units in Fitzgerald Energy II and III, and states in the same filing that those units are worth under $20,000. Value moving out of the company towards its controlling family's vehicles, disclosed plainly and worth reading twice.
19 Aug 2013other material event● Neutral
Carol Fitzgerald resigned as secretary ten months after the family took control, while Surge announced a Miami office for "international operations" and two new appointments. The filing tags the resignation as a change in control of the registrant, which it is not.
14 Aug 2013quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $88 thousand for the period ended 2013-06-30.
6 Aug 2013material agreement● Neutral
Under its new owners Surge bought a 32% working interest in two producing wells on 170 acres in Muhlenberg County, Kentucky for $211,300 - about five barrels a day net. Real production for the first time in the company's history, and a rounding error next to what it once claimed.
15 May 2013quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $138 thousand for the period ended 2013-03-31.
2 May 2013auditor change▼ Bad
Surge dismissed DKM after the merged firm split up again and followed Messineo to his new practice - the fourth auditor movement in five years, all within the same small Florida circle.
2 Apr 2013late filing notice▼ Bad
Surge Global Energy, Inc. notified the SEC that its annual report would be filed late.
31 Jan 2013director interest notice● Neutral
Conrad Negron became a Surge Global Energy, Inc. Senior Vice President and company insider (initial ownership filing).
31 Jan 2013director interest notice● Neutral
William Fitzgerald became a Surge Global Energy, Inc. Vice President and company insider (initial ownership filing).
4 Jan 2013director interest notice● Neutral
Clark Morton II became a Surge Global Energy, Inc. CEO & Chairman and company insider (initial ownership filing).
4 Jan 2013director interest notice● Neutral
William Fitzgerald became a Surge Global Energy, Inc. President and company insider (initial ownership filing).
20 Dec 2012auditor change● Neutral
Auditor Peter Messineo merged his practice into Drake and Klein, so the audit moved with him. His last report had again warned about the company's ability to continue.
14 Nov 2012quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $80 thousand for the period ended 2012-09-30.
22 Oct 2012director officer appointment▼ BadMajor
Control of Surge changed hands for $350,000: the Fitzgerald family and Clark Morton bought 140 million new shares, taking about 77% between them, with the Fitzgeralds taking officer roles. Surge's one remaining asset of substance - about 2.9 million Andora shares - was ring-fenced in a subsidiary that could not be sold before 2014, which is the clearest sign of what the buyers were actually acquiring: a listed shell with a protected legacy holding.
14 Aug 2012quarterly activities report▼ Bad
Surge Global Energy, Inc. reported a quarterly net loss of $63 thousand for the period ended 2012-06-30.
19 June 2012director officer appointment▼ BadMajor
Surge went back to Asher for another 8% convertible note, $60,000 for $57,000 net, with a 22% default rate - the same lender and the same terms it had just escaped four months earlier.
