3 July 2013substantial holder notice● Neutral
Mr. J. Victor Lattimore Jr. and his related entities Unique Materials, LLC, Latt reported a U.S. RARE EARTHS, INC shareholding of 4,733,607 shares (17.00% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 July 2013substantial holder notice● Neutral
Matt Hoff reported a U.S. RARE EARTHS, INC shareholding of 1,875,000 shares (6.70% of votes) in a periodic institutional filing.
3 July 2013securities registration● Neutral
U.S. RARE EARTHS, INC filed notice of an exempt private placement.
2 July 2013director interest notice● Neutral
U.S. RARE EARTHS, INC insider Michael D Parnell disposed of 950,000 shares via option/appreciation-right settlement.
25 June 2013substantial holder notice● Neutral
Edward F. Cowle reported a U.S. RARE EARTHS, INC shareholding of 3,900,000 shares (14.00% of votes) in a periodic institutional filing.
20 June 2013substantial holder notice● Neutral
Mr. J. Victor Lattimore Jr. and his related entities Unique Materials, LLC and L reported a U.S. RARE EARTHS, INC shareholding of 3,640,279 shares (13.10% of votes) in a periodic institutional filing.
19 June 2013director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 1,001,850 shares on the open market.
4 June 2013director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 5,000 shares on the open market.
20 May 2013quarterly activities report▼ Bad
U.S. RARE EARTHS, INC reported quarterly revenue of $444 thousand and a net loss of $6.8 million for the period ended 2013-03-31.
15 May 2013late filing notice▼ Bad
U.S. RARE EARTHS, INC notified the SEC that its quarterly report would be filed late.
30 Apr 2013director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 15,000 shares on the open market.
11 Apr 2013securities registration● Neutral
U.S. RARE EARTHS, INC filed notice of an exempt private placement.
1 Apr 2013late filing notice▼ Bad
U.S. RARE EARTHS, INC notified the SEC that its annual report would be filed late.
26 Nov 2012substantial holder notice● Neutral
Mr. J. Victor Lattimore Jr. and his related entities Unique Materials, LLC and L disclosed a new substantial U.S. RARE EARTHS, INC shareholding (10.30% of votes).
19 Nov 2012quarterly activities report● Neutral
U.S. RARE EARTHS, INC reported quarterly revenue of $487 thousand for the period ended 2012-09-30.
13 Nov 2012late filing notice▼ Bad
U.S. RARE EARTHS, INC notified the SEC that its quarterly report would be filed late.
25 Oct 2012director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 5,000 shares on the open market.
22 Oct 2012director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 99 shares on the open market at $2.50.
22 Oct 2012securities registration● Neutral
U.S. RARE EARTHS, INC filed notice of an exempt private placement.
17 Oct 2012director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 10,000 shares on the open market at $3.50.
17 Oct 2012director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 2,045,450 shares on the open market at $0.27.
16 Oct 2012director interest notice● Neutral
U.S. RARE EARTHS, INC director John Victor Lattimore Jr. bought 7,000 shares on the open market.
19 Sept 2012debt financing● NeutralMajor
On September 13, 2012 the company issued a $650,000, 5% convertible note, due September 15, 2015, to Unique Materials LLC, an entity affiliated with Chairman John Victor Lattimore Jr. It converts at $2.85 per share at the holder's demand, is secured by all mineral claims, real property, fixed assets, inventory and receivables, and becomes payable on demand if the chairman, president/VP or 20% of the board changes. The same filing discloses a board fight: the company sued former directors H. Deworth Williams, Edward Cowle and Geoff Williams, plus Blue Cap Development, in Nevada to declare their written-consent removal of directors McGroarty, Schifrin and Cassidy ineffective, while Williams and Cowle filed a competing petition in Utah. A hearing on the restraining order is set for September 27, 2012, and outcomes are uncertain. The company also paid the remaining $610,000 on the note owed to Blue Cap for the 2011 U.S. Rare Earths acquisition.
7 Sept 2012substantial holder notice● Neutral
Michael Parnell reported a U.S. RARE EARTHS, INC shareholding of 2,647,000 shares (10.00% of votes) in a periodic institutional filing.
7 Sept 2012substantial holder notice● Neutral
Matt Hoff reported a U.S. RARE EARTHS, INC shareholding of 2,835,000 shares (10.70% of votes) in a periodic institutional filing.
6 Sept 2012director interest notice● Neutral
U.S. RARE EARTHS, INC President Daniel B. Mcgroarty received 650,000 shares as part of the equity award.
6 Sept 2012securities registration● Neutral
U.S. RARE EARTHS, INC filed notice of an exempt private placement.
6 Sept 2012director interest notice● Neutral
U.S. RARE EARTHS, INC Chairman John Victor Lattimore Jr. received 200,000 shares as part of the equity award.
6 Sept 2012director interest notice● Neutral
U.S. RARE EARTHS, INC COO Gregory L Schifrin received 640,000 shares as part of the equity award.
6 Sept 2012director interest notice● Neutral
U.S. RARE EARTHS, INC CFO Mark E Scott received 72,000 shares as part of the equity award.