26 Mar 2018listing compliance notice▼ BadMajor
WHOLEHEALTH PRODUCTS, INC. deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 July 2017late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
21 Jan 2015quarterly activities report▼ Bad
WHOLEHEALTH PRODUCTS, INC. reported a quarterly net loss of $1.9 million for the period ended 2014-11-30.
14 Jan 2015late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
28 Nov 2014late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its annual report would be filed late.
29 Nov 2013late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its annual report would be filed late.
15 July 2013late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
15 Apr 2013quarterly activities report▼ Bad
WHOLEHEALTH PRODUCTS, INC. reported a quarterly net loss of $2.7 million for the period ended 2013-02-28.
14 Jan 2013late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
21 Nov 2008debt default or forbearance▼ BadMajor
Gulf Western Petroleum defaulted on its $3.7 million of secured convertible notes to Metage Funds and NCIM by failing to repay them at maturity on 10 September 2008, which pushed the rate to 18%. On 14 November Metage demanded payment in full by 25 November or delivery of the collateral, which is substantially all of the company's assets - $3.7 million of principal plus about $167,000 of accrued and default interest, rising $1,825 a day.
9 Sept 2008material agreement termination▼ BadMajor
Amerpro failed to close and pay under the farm-out deal by its extended deadline, so the company terminated the agreement, keeping only Amerpro's forfeited $100,000 deposit - losing the funding it needed just as its Texas lease neared expiration.
12 Aug 2008director interest notice● Neutral
WHOLEHEALTH PRODUCTS, INC. CFO Donald L Sytsma gifted 500,000 shares.
11 Aug 2008farm in farm out agreement▼ Bad
The Amerpro farm-out deal was amended to push back the closing date to August 28, 2008 and cut the near-term fee Amerpro owed the company from $1.2 million to $260,000 - a weaker deal than originally struck.
15 July 2008late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
16 June 2008farm in farm out agreement▲ GoodMajor
Gulf Western Petroleum farmed out four planned wells on its Wharton County, Texas leases to Amerpro Industries, which would fund 100% of drilling costs in exchange for the bulk of the working interest; Amerpro also agreed to pay the company a $1.2 million fee for the opportunity.
8 May 2008substantial holder notice● Neutral
David Lyall disclosed a new substantial WHOLEHEALTH PRODUCTS, INC. shareholding (6.20% of votes).
14 Apr 2008late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
14 Apr 2008listing compliance notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. withdrew a registration statement, abandoning the offering it covered.
11 Apr 2008material agreement termination● Neutral
The company and its 2007 note lenders, Metage Funds and NCIM, mutually terminated the registration-rights agreement tied to that financing after a rule change reduced how long the lenders needed to hold their shares before reselling - a housekeeping change, not a sign of the notes themselves being resolved.
19 Mar 2008capital raising announcement▼ Bad
With cash tight, Gulf Western Petroleum took a $500,000 personal loan from an individual lender and raised only $62,500 more in stock at $0.25 per unit - a further price decline from the $0.40 level seven months earlier.
4 Feb 2008securities registration● Neutral
WHOLEHEALTH PRODUCTS, INC. amended a filing by which it registered a small-business securities offering with the SEC.
15 Jan 2008late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.
5 Dec 2007securities registration● Neutral
WHOLEHEALTH PRODUCTS, INC. registered a small-business securities offering with the SEC.
9 Oct 2007capital raising announcement● Neutral
The board formally ratified a batch of stock and warrant issuances from the prior three months that together exceeded 5% of shares outstanding, mostly small private placements and payments for services.
5 Oct 2007auditor change● Neutral
Gulf Western Petroleum dismissed auditor Malone & Bailey, which had also noted going-concern doubts in its prior reports, without any stated accounting disagreement.
17 Sept 2007capital raising announcement● Neutral
The company raised a further $400,000 at the same discounted $0.40 per unit price.
13 Sept 2007capital raising announcement▼ BadMajor
Gulf Western Petroleum took on $3.7 million of senior secured convertible notes at a steep 15% interest rate from Metage Funds and NCIM Limited, pledging nearly all of its assets as collateral - expensive, all-asset-secured debt that would ultimately prove the company could not service.
21 Aug 2007capital raising announcement▼ Bad
Now renamed Gulf Western Petroleum Corporation, the company raised $685,000 in another private placement - but at $0.40 per unit, well below the $1.00 price of its January 2007 raise, an early sign the stock was losing value.
6 Aug 2007director interest notice● Neutral
WHOLEHEALTH PRODUCTS, INC. CFO Donald L Sytsma bought 1,000 shares on the open market at $0.32.
17 July 2007late filing notice▼ Bad
WHOLEHEALTH PRODUCTS, INC. notified the SEC that its quarterly report would be filed late.