9 Feb 2022quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $175 for the period ended 2022-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Feb 2022quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $175 for the period ended 2022-03-31.
12 Oct 2021quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $3 thousand and a net loss of $19 thousand for the period ended 2021-09-30.
30 Sept 2021quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $3 thousand and a net loss of $19 thousand for the period ended 2021-09-30.
1 Sept 2021auditor change● Neutral
On August 26, 2021 the company dismissed its auditor Fruci & Associates II and appointed K.R. Margetson Ltd. Fruci's report on 2019 had no adverse opinion but included a going-concern doubt, and the company said its internal controls were not effective in 2019; no disagreements were reported. This continues the pattern of auditor turnover and weak controls.
14 Aug 2020late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
13 May 2020quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $3 thousand and a net loss of $50 thousand for the period ended 2020-06-30.
31 Mar 2020late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its annual report would be filed late.
18 Oct 2019quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $10 thousand and a net loss of $157 thousand for the period ended 2019-09-30.
13 Sept 2019quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $10 thousand and a net loss of $157 thousand for the period ended 2019-09-30.
5 Aug 2019quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $10 thousand and a net loss of $157 thousand for the period ended 2019-09-30.
1 Mar 2019asset acquisition disposition● NeutralMajor
The company entered a joint venture with Cormo AG, which develops peat moss replacement and natural foam products, under a February 25, 2019 shareholder's agreement that follows a September 2018 letter of intent. The company and Cormo each own 35%, with the other 30% held by individuals including Kurt Muehlbauer, Paul Meier and CEO Stefan Muehlbauer; the venture has $400,000 of working capital, versus the $600,000 planned in the letter of intent. The company is to provide U.S. business development, market research and distribution-channel work. Several of the other owners are also major shareholders or the CEO of the company (inference from the earlier filing).
28 Jan 2019director interest notice● Neutral
Sustainable Projects Group Inc. 10%+ owner Grunder Christopher disposed of 4,148,686 shares via option/appreciation-right settlement.
28 Jan 2019substantial holder notice● Neutral
Paul Meier disclosed a new substantial Sustainable Projects Group Inc. shareholding (17.40% of votes).
28 Jan 2019substantial holder notice● Neutral
Christopher Grunder disclosed a new substantial Sustainable Projects Group Inc. shareholding (1.00% of votes).
16 Jan 2019material agreement termination● NeutralMajor
The company vacated its Zurich office as of October 1, 2018 and ended the sub-lease, so the lease deposit was returned to Mr. Greising, who handed back the 400,000 shares issued in 2017; they were cancelled on January 2, 2019. Separately, between August 29 and December 11, 2018 Workplan Holding sold 4,148,686 company shares, ending Grunder's control (he held 48.8% before). Afterwards Paul Meier holds 17.4%, CEO Stefan Muehlbauer 11.0%, Kurt Muehlbauer 5.5% and Workplan 1.0%; John Leliever still holds 12.1%.
2 Jan 2019director interest notice● Neutral
Kurt Manfred Henry Muehlbauer became a Sustainable Projects Group Inc. company insider (initial ownership filing).
2 Jan 2019substantial holder notice● Neutral
Stefan Muehlbauer disclosed a new substantial Sustainable Projects Group Inc. shareholding (11.00% of votes).
2 Jan 2019substantial holder notice● Neutral
Kurt Muehlbauer disclosed a new substantial Sustainable Projects Group Inc. shareholding (5.50% of votes).
2 Jan 2019director interest notice● Neutral
Muehlbauer Tiffany Anne became a Sustainable Projects Group Inc. Chief Operating Officer and company insider (initial ownership filing).
31 Aug 2018late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its annual report would be filed late.
6 June 2018quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $20 thousand and a net loss of $94 thousand for the period ended 2018-06-30.
9 May 2018auditor change● Neutral
The auditor MNP LLP resigned on May 4, 2018 and Fruci & Associates was appointed. The filing reports no disagreements and an unmodified report for the year ended May 31, 2017, with internal controls disclosed as not effective. This is the third auditor change since 2016 and Stefan Mühlbauer now signs as CEO.
17 Apr 2018late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
31 Jan 2018material agreement● Neutral
Now named Sustainable Projects Group Inc., the company agreed on January 30, 2018 to buy a 10% stake in Falcon Projects AG, a Swiss-focused real estate company, from Workplan Holding AG. It will pay with 10,000 restricted shares valued at $42,000. This adds another small stake bought with shares from an entity tied to the earlier controlling shareholder (inference from the name match).
22 Jan 2018quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $15 thousand and a net loss of $74 thousand for the period ended 2017-11-30.
16 Jan 2018late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
18 Oct 2017quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $15 thousand and a net loss of $74 thousand for the period ended 2017-11-30.
17 Oct 2017late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
7 Sept 2017substantial holder notice● Neutral
Christopher Grunder disclosed a new substantial Sustainable Projects Group Inc. shareholding (47.30% of votes).