Past year: ▼ 50%(0.02c – 0.04c USD)
Each one in plain English, with the numbers worked through for a shareholder.
13 Dec 2005material agreement termination● NeutralMajor
The company also dropped the March 2005 Union Media News deal, saying it had not received all the due diligence information and the deal was not in shareholders' interest, with no termination penalties. It said its new direction is oil and natural gas exploration and development in the United States and Canada, completing the exit from the 2005 non-energy acquisitions.
13 Dec 2005material agreement termination● NeutralMajor
The company ended the Feb 2005 Universal Power Vehicles share-exchange deal because its due diligence concerns were not satisfied, saying the deal was not in shareholders' best interest and no termination penalties would apply. It said it would now concentrate on oil and natural gas exploration and development, a turn away from the 2005 technology acquisitions.
9 Sept 2005auditor change▼ Bad
Auditor HJ Associates & Consultants chose not to stand for re-election on Sept 6, 2005, and the board engaged John Kinross-Kennedy, CPA, as the new auditor. HJ's reports on 2004 and 2003 carried a going-concern warning, citing a working capital deficit and recurring losses, and the filing reports no disagreements.
15 Aug 2005late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
12 May 2005late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
31 Mar 2005late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its annual report would be filed late.
16 Mar 2005material agreement● NeutralMajor
On March 10, 2005 the company signed a second share-exchange deal, to acquire Union Media News Corporation from its sole shareholder Jim Boardman in return for 20% of the common stock of its subsidiary Victory Communication Services, Inc. Closing was expected within about two weeks. The filing text oddly says it acquires the stock of 'UPV' rather than UNM, which appears to be a copy error from the earlier filing (inference).
2 Mar 2005material agreement● NeutralMajor
Now named Victory Capital Holdings (formerly New Environmental Technologies), the company signed a deal on Feb 21, 2005 to buy all of Universal Power Vehicles, an electric-vehicle and lightweight-alloy technology developer owned by Howard Foote. In return Foote would receive 20% of the common stock of Victory Energy, Inc., a wholly-owned subsidiary. Closing depended on conditions and was expected within about two weeks. This continues the 2003 plan to buy assets outside oil and gas.
16 Nov 2004late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
16 Aug 2004late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
17 May 2004late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
14 Aug 2003late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
24 Apr 2003listing compliance notice▼ Bad
VICTORY CLEAN ENERGY, INC. withdrew a registration statement, abandoning the offering it covered.
22 Apr 2003asset acquisition disposition● NeutralMajor
New Environmental Technologies Corporation (the company that later became Victory) changed hands in April 2003. Harold Gregg became interim CEO, David and Corie Merrell resigned, and the largest shareholder, Chiricahua Investments, agreed to sell 2,002,895 shares to IPIC, Inc. for $211,302.50, while other sellers agreed to sell 276,182 shares to CTSO, Inc. for $63,697.50. The company said it would now seek income-producing assets in technology, real estate and entertainment, with a possible name change and extra capital needs to be advised by officers.
15 May 2001late filing notice▼ Bad
VICTORY CLEAN ENERGY, INC. notified the SEC that its quarterly report would be filed late.
