11 Jan 2011securities registration● Neutral
United American Petroleum Corp. filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Jan 2011substantial holder notice● Neutral
Michael Carey disclosed a new substantial United American Petroleum Corp. shareholding (17.06% of votes).
10 Jan 2011director interest notice● Neutral
Hudson Ryan Charles became a United American Petroleum Corp. Chief Operating Officer, Sec. and company insider (initial ownership filing).
10 Jan 2011substantial holder notice● Neutral
Michael Carey disclosed a new substantial United American Petroleum Corp. shareholding (17.06% of votes).
10 Jan 2011substantial holder notice● Neutral
Ryan Hudson disclosed a new substantial United American Petroleum Corp. shareholding (17.06% of votes).
10 Jan 2011director interest notice● Neutral
Carey Michael Douglas became a United American Petroleum Corp. CEO, President and company insider (initial ownership filing).
5 Jan 2011business combination● NeutralMajor
On December 31, 2010 Forgehouse merged with United American Petroleum Corp., a Texas oil and gas business, issuing 15,000,000 shares for United's 10,000,000 shares and renaming itself United American Petroleum Corp.; 43,950,000 shares were outstanding afterward. It now holds a 100% working interest in the Marcee 1 tract (Gonzalez County, well not yet producing) and 25% of the producing Lozano tract (Frio County). It also arranged a senior secured convertible note facility of up to $2,250,000 (first $620,000 drawn, convertible at $0.50, with $1.00 warrants), cancelled 2,550,000 of Christian Negri's shares, and put milestone vesting on 2,500,000 shares each for Michael Carey and Ryan Hudson. This replaces the shell's earlier ForgeHouse and Alaska-property plans with a Texas oil and gas business, and the filing does not mention the Alaska properties.
4 Jan 2011director interest notice● Neutral
United American Petroleum Corp. Treasurer Negri Christian disposed of 11,500,000 shares via option/appreciation-right settlement.
16 Aug 2010late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its quarterly report would be filed late.
5 Aug 2010auditor change● Neutral
On August 4, 2010 Forgehouse dismissed its auditor Kelly & Company and hired MaloneBailey LLP. Kelly's 2008 and 2009 reports had no adverse opinion but included a going-concern qualification, and the filing reports no disagreements.
14 May 2010late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its quarterly report would be filed late.
30 Mar 2010late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its annual report would be filed late.
5 Jan 2010asset acquisition disposition● NeutralMajor
ForgeHouse sold its OneVision business to Enforce Global, LLC (controlled by John Britchford-Steel and Jose Alonso) for about 10.74 million returned shares and Enforce's assumption of about $1,749,000 of liabilities. It also sold ForgeHouse, LLC to Britchford-Steel for 2,500 shares and assumption of about $258,000 of liabilities, and all options were terminated. Britchford-Steel, Alonso and Jorge Vargas resigned as officers, and Philip Mann remains director and became Assistant Secretary. This exits the technology business set up in the 2008 deal and cuts the share count.
23 Dec 2009substantial holder notice● Neutral
Christian Negri disclosed a new substantial United American Petroleum Corp. shareholding (29.78% of votes).
23 Dec 2009director interest notice● Neutral
Negri Christian became a United American Petroleum Corp. 10%+ owner and company insider (initial ownership filing).
23 Dec 2009business combination● NeutralMajor
On December 16, 2009 ForgeHouse agreed to merge with Northern Future Energy Corp., which owns oil and gas properties near Anchorage, Alaska, issuing 12,000,000 restricted shares to its one beneficial owner. The filing says production has not started and recovery of hydrocarbons is not assured, so this is an early-stage asset. Director Keith Ebert resigned and Philip Mann, 23, was elected by the Series A preferred holders.
21 Dec 2009director interest notice● Neutral
Mann Philip K. became a United American Petroleum Corp. director and company insider (initial ownership filing).
16 Nov 2009late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its quarterly report would be filed late.
15 May 2009late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its quarterly report would be filed late.
23 Mar 2009late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its annual report would be filed late.
3 Feb 2009director interest notice● Neutral
Alonso Jose M. became a United American Petroleum Corp. Chief Operating Officer and company insider (initial ownership filing).
16 May 2008late filing notice▼ Bad
United American Petroleum Corp. notified the SEC that its quarterly report would be filed late.
25 Mar 2008director interest notice● Neutral
Jorge Vargas became a United American Petroleum Corp. Chief Financial Officer and company insider (initial ownership filing).
14 Feb 2008director interest notice● Neutral
United American Petroleum Corp. insider Milkovich Nicole disposed of 35,000,000 shares via option/appreciation-right settlement.
12 Feb 2008director interest notice● Neutral
Keith A Ebert became a United American Petroleum Corp. director and company insider (initial ownership filing).
12 Feb 2008substantial holder notice● Neutral
Palmer Trust, Patrick Palmer, Gina Palmer disclosed a new substantial United American Petroleum Corp. shareholding (5.90% of votes).
12 Feb 2008substantial holder notice● Neutral
TWE International, LLC, John Britchford-Steel, Jose Alonso disclosed a new substantial United American Petroleum Corp. shareholding (32.32% of votes).
11 Feb 2008director interest notice● Neutral
Alonso Jose M. became a United American Petroleum Corp. Chief Operating Officer and company insider (initial ownership filing).
11 Feb 2008director interest notice● Neutral
United American Petroleum Corp. Chief Executive Officer Britchford-steel John A. received a stock option grant for 341,000 shares.
11 Feb 2008director interest notice● Neutral
United American Petroleum Corp. Chief Operating Officer Alonso Jose M. received a stock option grant for 186,000 shares.