20 Dec 2011quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $1 thousand for the period ended 2011-10-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Dec 2011late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
19 Sept 2011quarterly activities report● Neutral
You Han Data Tech Co Ltd. reported a quarterly net income of $0 for the period ended 2011-07-31.
14 Sept 2011late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
27 July 2011late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its annual report would be filed late.
16 Mar 2011quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $1 thousand for the period ended 2011-01-31.
8 Feb 2011quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $1 thousand for the period ended 2011-01-31.
8 Feb 2011quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $1 thousand for the period ended 2011-01-31.
8 Feb 2011quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $1 thousand for the period ended 2011-01-31.
16 Dec 2010late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
1 Dec 2010material agreement▼ BadMajor
This amended filing adds the full text of the November 26, 2010 amendment with Mayan Gold. It states Razor had not satisfied several covenants due before August 9, 2010, and Mayan agreed to hold off on remedies. Razor must now send $300,000 by Nov 30, 2010, $150,000 by Jan 15, 2011 and $1,550,000 by Feb 15, 2011, and a missed payment forfeits prior payments and is a default. Mayan takes over operational management of the Honduran mine, buys the gold shipped to the US, and gets 40% of net gold from leaching existing tailings for two years. On an uncured default, 195,000 Cerros shares held by Razor can be moved to Mayan.
30 Nov 2010material agreement● NeutralMajor
A press release says Razor, Cerros and Mayan Gold amended the February 2010 share exchange agreement on November 26, 2010, and Razor committed to invest $2.0M over six months in equipment, geology, drilling and a heap leach pad. It describes Mayan as having received 35.5M Razor shares, valued at $17.75M, plus $2.0M of payment obligations ($570,000 already paid). Note the press release does not mention the default terms found in the full amendment (see next filing).
30 Nov 2010material agreement● Neutral
This amended filing reports that on November 29, 2010 Sam Nastat was appointed President and Director, and that Kelly Fielder (President, CEO and Director) and Paul Gladston (Director) resigned. The amendment was filed only to correct the format of the original November 30 filing.
21 Sept 2010quarterly activities report▼ Bad
You Han Data Tech Co Ltd. reported a quarterly net loss of $72 thousand for the period ended 2010-07-31.
15 Sept 2010late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
8 Sept 2010director interest notice● Neutral
Paul Campbell Gladston became a You Han Data Tech Co Ltd. director and company insider (initial ownership filing).
30 July 2010late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its annual report would be filed late.
16 Feb 2010asset acquisition disposition● NeutralMajor
On February 9, 2010 Razor closed the share exchange it had flagged in the 2009 letter of intent, acquiring 99% of Honduran gold exploration company Compania Minera Cerros Del Sur in return for 34,000,000 new shares. Certain existing shareholders cancelled 34,000,000 restricted shares at the same time, leaving 65,805,000 shares outstanding, with Cerros' former shareholder holding about 51.7%. The filing says Razor was a shell company before this deal; its earlier British Columbia claim lapsed in April 2008. The main property is the Clavo Rico concession in Honduras.
11 Aug 2009director interest notice● Neutral
Kelly Fielder became a You Han Data Tech Co Ltd. director and company insider (initial ownership filing).
30 July 2009late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its annual report would be filed late.
24 June 2009business combination● NeutralMajor
On June 17, 2009 Razor signed a non-binding-style letter of intent with Compania Minera Cerros Del Sur, S.A. for a possible business combination (asset purchase, merger or share exchange). It is subject to conditions, due diligence and a definitive agreement. The company's address is now Houston, Texas and Kelly Fielder signs as President.
18 Mar 2009late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
16 Dec 2008late filing notice▼ Bad
You Han Data Tech Co Ltd. notified the SEC that its quarterly report would be filed late.
7 Aug 2008director interest notice● Neutral
Steven E Fisher became a You Han Data Tech Co Ltd. director and company insider (initial ownership filing).
28 July 2008capital raising announcement● Neutral
Effective July 22, 2008 Razor hired Steven E. Fisher as a director under a consulting agreement paying $4,000 a month plus 250,000 shares of common stock, which adds to the share count.
15 July 2008material agreement● NeutralMajor
This amendment corrects the May 2008 share cancellation: the filing says it was done in error and the shares were reinstated to shareholders, except five million of Bing Wong's shares, which stay cancelled. It also adds a June 30, 2008 agreement under which former director Drew Simpson returns and cancels 7,500,000 shares.
23 June 2008resource reserve update● NeutralMajor
On June 10, 2008 Razor signed a letter of intent with Striker Petroleum LLC to take part as a working-interest partner in drilling the Idaho Falls Prospect in Eastern Idaho. It expects a 15% interest (option to go to 20%), with its share of costs put at $675K for a dry hole and $825K more for completion; specifics were still under discussion and the resource figures are estimates.
6 May 2008material agreement▲ GoodMajor
On May 1, 2008 Razor Resources agreed with former directors Bing Wong and Rong Xing Yang that they would return and cancel 37,500,000 and 7,482,150 shares respectively, for no compensation. This would reduce the number of shares outstanding, which the company says benefits minority shareholders. This was later partly reversed (see the July 2008 amendment).
14 Mar 2008auditor change● Neutral
The company, which filed under the name Razor Resources Inc., reported that it dismissed its auditor Moen and Company effective June 28, 2007 and hired Fazarri + Partners, LLP the next day. The filing states Moen's reports for fiscal 2005 and 2006 had no adverse opinion but the 2006 report carried a 'going concern' opinion, and that there were no disagreements. This amended filing was submitted in March 2008 for events dated mid-2007.
30 Jan 2008director interest notice● Neutral
Duncan Bain became a You Han Data Tech Co Ltd. director and company insider (initial ownership filing).