7 June 2022capital raising announcement▼ BadMajor
Verde Bio hired New to the Street Group LLC for investor-relations and media services, paying $10,000/month plus 13 million restricted shares - a large stock issuance for a marketing contract.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 June 2022capital raising announcement● NeutralMajor
Verde Bio sharply upsized its Series C Preferred financing facility with GHS Investments - from the roughly $1 million floated in December 2021 to up to $6 million (125 preferred shares closed initially, $125,000) - and amended its Certificate of Designation to authorize 7,600 Series C shares in total.
10 May 2022material agreement▲ GoodMajor
Verde Bio agreed to its largest royalty acquisition to date, $3.2 million cash -- a step change in deal size from its typical sub-$1 million purchases.
27 Apr 2022securities registration● Neutral
VERDE BIO HOLDINGS, INC. amended a filing by which it registered a securities offering with the SEC.
14 Apr 2022securities registration● Neutral
VERDE BIO HOLDINGS, INC. amended a filing by which it registered a securities offering with the SEC.
23 Mar 2022securities registration● Neutral
VERDE BIO HOLDINGS, INC. amended a filing by which it registered a securities offering with the SEC.
17 Mar 2022quarterly activities report▼ Bad
VERDE BIO HOLDINGS, INC. reported a quarterly net loss of $726 thousand for the period ended 2022-01-31.
10 Mar 2022material agreement termination▼ Bad
Verde Bio terminated its letter of intent to buy biodiesel production facilities from Good Steward Biofuels and Wilson Real Estate & Assets -- the diversification attempt was abandoned, and the company stayed focused on oil and gas royalties.
16 Feb 2022asset acquisition disposition▲ Good
Verde Bio closed another royalty acquisition for $325,000 cash.
24 Jan 2022securities registration● Neutral
VERDE BIO HOLDINGS, INC. amended a filing by which it registered a securities offering with the SEC.
21 Jan 2022securities registration● Neutral
VERDE BIO HOLDINGS, INC. registered a securities offering with the SEC.
17 Dec 2021material agreement● NeutralMajor
Verde Bio lined up a new financing facility (up to $1 million of newly created Series C Convertible Preferred Stock) with GHS Investments -- the same lender it had just paid off months earlier -- and signed a letter of intent to acquire biodiesel production facilities, a notable attempted diversification beyond oil and gas royalties.
15 Dec 2021quarterly activities report▼ Bad
VERDE BIO HOLDINGS, INC. reported a quarterly net loss of $1.6 million for the period ended 2021-10-31.
22 Nov 2021material agreement▲ Good
Verde Bio agreed to buy more royalty interests for $175,000 cash.
15 Sept 2021late filing notice▼ Bad
VERDE BIO HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.
29 July 2021late filing notice▼ Bad
VERDE BIO HOLDINGS, INC. notified the SEC that its annual report would be filed late.
16 July 2021asset acquisition disposition▲ Good
For the first time, Verde Bio sold rather than bought: agreeing to divest some of its mineral and royalty interests to a private buyer for $1,105,000 -- an early sign of active portfolio management (buying low, selling higher-value packages) rather than pure accumulation.
17 June 2021asset acquisition disposition▲ Good
Verde Bio closed another royalty acquisition for $800,000 cash.
3 June 2021material agreement▲ GoodMajor
Verde Bio settled and paid off $715,000 owed under old convertible promissory notes to GHS Investments -- clearing legacy toxic-style debt from before its oil and gas pivot -- and separately hired a new marketing/sales consultant paid mostly in stock.
20 May 2021asset acquisition disposition▲ GoodMajor
Verde Bio closed its largest acquisition yet, over $1.1 million in cash for additional mineral and royalty interests -- more than double any prior deal.
23 Apr 2021asset acquisition disposition▲ Good
Verde Bio closed another royalty acquisition for $430,000, continuing its rapid roll-up pace through the spring of 2021.
16 Apr 2021asset acquisition disposition▲ Good
Verde Bio closed another royalty acquisition, its largest single deal yet at nearly $498,000.
9 Apr 2021asset acquisition disposition▲ Good
Verde Bio closed two more royalty acquisitions from separate individual sellers in the same week, for $309,975 and $133,000.
6 Apr 2021asset acquisition disposition▲ Good
Verde Bio closed a larger royalty acquisition, for $380,562 cash -- a step up in deal size from its earlier ~$130-150K purchases.
5 Apr 2021asset acquisition disposition▲ Good
Verde Bio closed another mineral and royalty acquisition, for $152,000 cash.
29 Mar 2021asset acquisition disposition▲ Good
Verde Bio closed another royalty-interest acquisition, for $150,000 cash.
25 Mar 2021asset acquisition disposition▲ Good
Verde Bio closed another small mineral-interest acquisition, for $127,500 cash.
24 Mar 2021substantial holder notice● Neutral
Tri-Bridge Ventures LLC disclosed a new substantial VERDE BIO HOLDINGS, INC. shareholding (6.27% of votes).
22 Mar 2021quarterly activities report▼ Bad
VERDE BIO HOLDINGS, INC. reported quarterly revenue of $2 thousand and a net loss of $4 thousand for the period ended 2021-01-31.
18 Mar 2021late filing notice▼ Bad
VERDE BIO HOLDINGS, INC. notified the SEC that its quarterly report would be filed late.