30 July 2019securities registration● Neutral
T-REX OIL, INC. filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Aug 2017listing compliance notice▼ BadMajor
T-REX OIL, INC. deregistered its securities, ending its obligation to file reports with the SEC.
30 June 2017late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its annual report would be filed late.
24 Mar 2017director interest notice● Neutral
T-REX OIL, INC. VP Operatons Allen Heim received a stock option grant for 225,000 shares.
20 Mar 2017director interest notice● Neutral
T-REX OIL, INC. director Herbert T. Sears received a stock option grant for 25,000 shares.
14 Mar 2017director interest notice● Neutral
T-REX OIL, INC. VP OF GEOLOGY Martin Gottlob acquired 325,000 shares and disposed of 100,000 in a set of related equity transactions.
14 Mar 2017director interest notice● Neutral
T-REX OIL, INC. CEO Donald L. Walford received a stock option grant for 325,000 shares.
14 Feb 2017quarterly activities report▼ Bad
T-REX OIL, INC. reported quarterly revenue of $300 thousand and a net loss of $1.1 million for the period ended 2016-12-31.
7 Dec 2016director interest notice● Neutral
T-REX OIL, INC. director Ploeg Andrew P Vander acquired 199,825 shares through company equity transactions.
21 Nov 2016quarterly activities report▼ Bad
T-REX OIL, INC. reported quarterly revenue of $397 thousand and a net loss of $1.3 million for the period ended 2016-09-30.
14 Nov 2016late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its quarterly report would be filed late.
8 Nov 2016capital raising announcement▼ BadMajor
On November 3, 2016 T-Rex borrowed $300,000 through a 12% convertible note due January 31, 2017, convertible at $0.80 per share. The lender also received 75,000 restricted shares and 50,000 of T-Rex's warrants on NexFuels shares ($1.25, expiring Jan 31, 2017). The filing also discloses two lawsuits. A former officer and director sued over a $50,000 secured note (5% interest) that was due September 30, 2016 and is collateralized by Wyoming oil and gas properties; $1,779 of interest had accrued. BMO Holding sued on October 31, 2016 in New York, alleging a breach of contract over negotiations about buying Wyoming oil and gas properties, and seeks unspecified damages. T-Rex says there was never a contract, has accrued nothing, and will defend the case. The note and extra shares add possible dilution (inference).
27 Sept 2016asset acquisition disposition● NeutralMajor
T-Rex spun off its carbon dioxide recovery project into a new subsidiary, NexFuels, Inc., formed July 11, 2016. Shareholders of record on August 19, 2016 get one NexFuels share for every two T-Rex shares, based on 17,009,628 T-Rex shares outstanding. The project, which was being explored with Rocky Mountain Power under an April 2016 MOU, had no capitalized assets, so the company does not expect an impact on its balance sheet. The board said the spin-off was meant to let the project raise money without diluting T-Rex shareholders. Shareholders will hold NexFuels shares in addition to T-Rex shares.
15 Aug 2016late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its quarterly report would be filed late.
29 June 2016late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its annual report would be filed late.
17 May 2016securities registration● Neutral
T-REX OIL, INC. filed notice of an exempt private placement.
4 Apr 2016securities registration● Neutral
T-REX OIL, INC. filed the final prospectus for a registered offering.
29 Mar 2016securities registration● Neutral
T-REX OIL, INC. filed notice of an exempt private placement.
22 Mar 2016securities registration● Neutral
T-REX OIL, INC. registered a securities offering with the SEC.
22 Feb 2016quarterly activities report▼ Bad
T-REX OIL, INC. reported quarterly revenue of $103 thousand and a net loss of $1.5 million for the period ended 2015-12-31.
16 Feb 2016late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its quarterly report would be filed late.
16 Nov 2015quarterly activities report▼ Bad
T-REX OIL, INC. reported quarterly revenue of $124 thousand and a net loss of $800 thousand for the period ended 2015-09-30.
29 Sept 2015securities registration● Neutral
T-REX OIL, INC. filed notice of an exempt private placement.
23 Sept 2015substantial holder notice● Neutral
Eckhardt Huber-Flotho reported a T-REX OIL, INC. shareholding of 1,361,457 shares (8.55% of votes) in a periodic institutional filing.
18 Aug 2015quarterly activities report▼ Bad
T-REX OIL, INC. reported quarterly revenue of $164 thousand and a net loss of $691 thousand for the period ended 2015-06-30.
14 Aug 2015late filing notice▼ Bad
T-REX OIL, INC. notified the SEC that its quarterly report would be filed late.
4 Aug 2015substantial holder notice● Neutral
Jon Clement Nicolaysen disclosed a new substantial T-REX OIL, INC. shareholding (6.67% of votes).
28 July 2015substantial holder notice● Neutral
Martin Gottlob reported a T-REX OIL, INC. shareholding of 750,000 shares (4.70% of votes) in a periodic institutional filing.
27 July 2015substantial holder notice● Neutral
Allen Heim reported a T-REX OIL, INC. shareholding of 755,000 shares (4.78% of votes) in a periodic institutional filing.
15 July 2015asset acquisition disposition▼ BadMajor
This amendment to the March 2015 Western Interior Oil & Gas (WIOG) filing adds WIOG's audited 2014 and 2013 financial statements and pro forma statements, the financial statements promised earlier. It also restates the deal: the remaining 17% of WIOG was acquired by assuming repurchase agreements and promissory notes to dissenting shareholders of $1,770,047, secured by WIOG assets, instead of the 1,530,000 escrowed shares. That figure differs from the $1,001,333.75 reported in the April 2015 filing, and the text does not explain the difference. WIOG's auditor flagged substantial doubt about its ability to continue as a going concern because of significant operating losses. WIOG reported total assets of $10.4M and an accumulated deficit of $6.6M at Dec 31, 2014. The two nominees, Biberacher and Huber-Flotho, were still not formally appointed to the board at filing.