Past year: ▲ 0%(0.00c – 0.00c USD)
Each one in plain English, with the numbers worked through for a shareholder.
12 Dec 2019listing compliance notice▼ BadMajor
In December 2019 Universal Potash Corporation (the same registrant, file number 0-50915) filed an amended notice to end its registration and stop its duty to file SEC reports, citing Rules 12g-4(a)(1) and 15d-6, with about 103 holders of record. The filing does not say what happens to the shares, so their treatment is unresolved.
15 June 2010listing compliance notice▼ BadMajor
UNIVERSAL POTASH CORP deregistered its securities, ending its obligation to file reports with the SEC.
14 Nov 2008late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its quarterly report would be filed late.
5 Sept 2008director interest notice● Neutral
UNIVERSAL POTASH CORP 10%+ owner Kenneth G Townsend disposed of 3,000,000 shares via option/appreciation-right settlement.
14 Aug 2008late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its quarterly report would be filed late.
27 June 2008late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its annual report would be filed late.
25 June 2008material agreement termination● Neutral
This repeats the June 17, 2008 filing: the Hat Claims agreement in Colorado was cancelled as of June 1, 2008 because of competing Bureau of Land Management claims. The wording is identical and no new facts are added.
17 June 2008material agreement● NeutralMajor
On April 25, 2008 (amended June 4, 2008) the company signed an option with Shaun Spelliscy to earn 100% of certain metallic and industrial mineral claims in Alberta, Canada, subject to a 3% net smelter royalty. Payments total $300,000 cash and 300,000 restricted shares, with most tied to the grant of exploration permits. This is a new area outside Utah and Colorado.
17 June 2008material agreement termination▼ Bad
The company cancelled its June 2007 agreement to buy the Hat Claims in Colorado, effective June 1, 2008, after learning the area is subject to competing claims filed with the U.S. Bureau of Land Management. It chose not to contest the matter in court. It had paid $20,000 and issued 50,000 shares to each vendor; the filing says these will be credited toward other properties from the same vendors, with no penalties.
10 June 2008material agreement termination▼ BadMajor
The company cancelled its March 2007 agreements with Jeff Adams and Dennis Ekker to buy the Family Butte property in Utah, effective March 15, 2008. It said it could not secure a strip of claims separating two blocks, which prevented joint venture talks, and cited carrying costs and lower uranium property values. Adams kept 50,000 and Ekker 100,000 of the shares already issued, and the company reports no penalties. This ends the March 2007 purchase.
6 Mar 2008director interest notice● Neutral
UNIVERSAL POTASH CORP director Kenneth G Townsend sold 5,000 shares at $0.62.
27 Feb 2008director interest notice● Neutral
UNIVERSAL POTASH CORP 10%+ owner Kenneth G Townsend sold 4,360 shares.
19 Feb 2008material agreement▲ GoodMajor
Effective January 15, 2008 the company signed a joint venture on its Wild Claims near Hanksville, Utah with Consolidated Abaddon Resources, the same partner as on the Pinto Claims. Abaddon is to make payments of $195,000, issue 300,000 shares, and complete at least $600,000 of work before December 31, 2008, and can earn up to 60% of the property.
15 Feb 2008director interest notice● Neutral
UNIVERSAL POTASH CORP 10%+ owner Kenneth G Townsend sold 40,000 shares.
23 Jan 2008material agreement● NeutralMajor
On January 14, 2008 the company agreed to buy 100% of the Wild Claims in Emery County, Utah from Christian Murer for $275,000 cash and 600,000 shares paid in stages through January 2010. It must also spend $300,000 on the claims within 24 months and pay royalties on certain minerals produced. This is a second purchase from Murer after the Pinto Claims.
27 Dec 2007director interest notice● Neutral
Donald O. Miller became a UNIVERSAL POTASH CORP director and company insider (initial ownership filing).
26 Dec 2007material agreement● Neutral
On November 30, 2007 the company signed a letter of understanding with Bob Shupe and Gary Vancil to buy 12 mineral claims in Colorado known as the Ray Marie and Marcas claims, for $375,000 cash and 400,000 shares paid over three years. These are the same payment terms as the earlier Hat Claims deal with the same vendors.
19 Dec 2007director interest notice● Neutral
UNIVERSAL POTASH CORP 10%+ owner Kenneth G Townsend sold 20,000 shares.
15 Nov 2007late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its quarterly report would be filed late.
6 Nov 2007material agreement▲ GoodMajor
Effective November 1, 2007 the company signed a joint venture on its Pinto Claims near Hanksville, Utah with Consolidated Abaddon Resources. Abaddon is to make payments of $550,000, issue 550,000 shares, and complete at least $605,000 of work before June 1, 2008, and can earn up to a 60% interest in the property. This would reduce the company's share of the Pinto Claims it bought in June 2007 if Abaddon meets the milestones.
18 Sept 2007director interest notice● Neutral
UNIVERSAL POTASH CORP President Peter E Dickie bought 2,500 shares on the open market at $0.49.
11 Sept 2007director interest notice● Neutral
UNIVERSAL POTASH CORP 10%+ owner Kenneth G Townsend disposed of 11,110,000 shares via option/appreciation-right settlement.
16 Aug 2007material agreement● Neutral
On June 29, 2007 the company signed a letter of understanding with Bob Shupe to buy 100% of the Hoopie Mine Property in Montrose County, Colorado, for $375,000 cash and 400,000 shares paid over three years. These payment terms match the Hat Claims deal with Shupe and Vancil (an inference: it may be related to that deal).
14 Aug 2007late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its quarterly report would be filed late.
2 Aug 2007material agreement● Neutral
On August 1, 2007 the company agreed to buy 100% of the Whale Claims in Utah from David and Michael Lacy for $280,000 cash and 400,000 shares, paid in stages through June 2009. This adds another Utah claim purchase.
25 July 2007material agreement termination● Neutral
The company dropped its April 2007 deal to buy Jeff Adams' 50% of the Henry Mountain claims in Utah. It cited further research on the property and its inability to reach an agreement on the other 50%. Adams agreed to return the deposit and shares issued, without penalty. This ends the April 2007 purchase.
11 July 2007material agreement● Neutral
On June 1, 2007 the company agreed to buy the Hat Claims in Colorado from Bob Shupe and Gary Vancil, for $375,000 cash and 400,000 shares paid in stages through June 2010. This is the company's first claim purchase outside Utah in these filings.
28 June 2007material agreement● NeutralMajor
On June 1, 2007 Utah Uranium agreed to buy 100% of the Pinto Claims in Wayne County, Utah from Christian Murer for $900,000 cash and 900,000 shares, paid in stages through June 1, 2009. It must also spend $300,000 on the claims within 24 months. This adds a larger acquisition commitment to its Utah claim portfolio.
26 June 2007late filing notice▼ Bad
UNIVERSAL POTASH CORP notified the SEC that its annual report would be filed late.
18 June 2007director interest notice● Neutral
Michael Hastings Sandidge became a UNIVERSAL POTASH CORP director and company insider (initial ownership filing).
