8 May 2020substantial holder notice● Neutral
Gate City Capital Management, LLC, Michael Melby reported a BARNWELL INDUSTRIES INC shareholding of 153,919 shares (1.86% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Apr 2020director interest notice● Neutral
Kenneth S Grossman became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).
17 Apr 2020director interest notice● Neutral
Douglas N Woodrum became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).
17 Apr 2020director interest notice● Neutral
Peter J. O'malley became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).
17 Apr 2020director interest notice● Neutral
Philip James Mcpherson became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).
17 Apr 2020director interest notice● Neutral
Bradley M Tirpak became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).
9 Apr 2020agm notice● Neutral
At the April 3, 2020 annual meeting, which was contested by the MRMP Group, stockholders elected seven directors: four company nominees and three MRMP Group nominees. They also approved executive pay on an advisory basis and ratified KPMG as auditor.
8 Apr 2020listing compliance notice● Neutral
NYSE American accepted Barnwell's plan to regain listing compliance, giving it until July 13, 2021 to fix its stockholders' equity shortfall while it stays listed and under periodic review.
2 Apr 2020quarterly activities report▼ Bad
Barnwell filed an 8-K furnishing an April 2, 2020 press release with updates on recent developments in its businesses and operations. The filing itself gave no financial results.
2 Apr 2020agm notice● Neutral
Barnwell filed an 8-K furnishing an April 2, 2020 press release with updates on its businesses and operations, in connection with its 2020 annual meeting proxy contest.
25 Mar 2020agm notice● Neutral
Barnwell announced that proxy advisor Glass Lewis recommended stockholders vote for all of its director nominees on the WHITE proxy card at the April 3, 2020 annual meeting, criticising the dissidents' plan.
16 Mar 2020agm notice● Neutral
Barnwell issued a factsheet rebutting dissident stockholders led by Ned Sherwood and Bradley Tirpak and urged votes for its seven director nominees on the WHITE proxy card at the April 3, 2020 annual meeting.
13 Mar 2020substantial holder notice● Neutral
Cynthia M. White disclosed a new substantial BARNWELL INDUSTRIES INC shareholding (6.90% of votes).
11 Mar 2020substantial holder notice● Neutral
Alexander Kinzler, Barnwell's CEO, reported beneficially owning 930,000 shares (11.2%) after the Estate of Morton Kinzler distributed all its 1,151,882 shares on March 3, 2020, including 575,941 to him. The Estate exited its holding.
2 Mar 2020agm notice● Neutral
Barnwell filed its definitive proxy and sent a letter urging holders to vote its seven nominees at the April 3, 2020 annual meeting. It opposed five nominees put forward by activist holders Ned Sherwood and Bradley Tirpak.
26 Feb 2020quarterly activities report▼ Bad
Barnwell filed an 8-K saying it had issued a press release with updates on recent developments in its businesses and operations. The filing gave no financial figures itself and attached the release as an exhibit.
26 Feb 2020agm notice● Neutral
Barnwell filed an 8-K saying it had issued a press release giving updates on recent developments in its businesses and operations. The release itself was attached as an exhibit, and the filing also carried proxy solicitation notices for the 2020 annual meeting.
18 Feb 2020director interest notice● Neutral
BARNWELL INDUSTRIES INC director James S Barnwell III bought 10,000 shares on the open market at $1.10.
14 Feb 2020agm notice● Neutral
Barnwell proposed refreshing its board, nominating Emi Bossio, Peter O'Malley and Kenneth Grossman for election at the annual meeting. Directors Martin Anderson, Murray Gardner and Russell Gifford were not to be re-nominated, though Gifford stayed on as CFO.
14 Feb 2020substantial holder notice● Neutral
Gate City Capital Management, LLC, Michael Melby reported a BARNWELL INDUSTRIES INC shareholding of 670,869 shares (8.11% of votes) in a periodic institutional filing.
14 Feb 2020agm notice● Neutral
BARNWELL INDUSTRIES INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
12 Feb 2020quarterly activities report▼ Bad
BARNWELL INDUSTRIES INC reported quarterly revenue of $4.8 million and a net loss of $414 thousand for the period ended 2019-12-31.
11 Feb 2020quarterly activities report▼ Bad
BARNWELL INDUSTRIES INC reported quarterly revenue of $4.8 million and a net loss of $414 thousand for the period ended 2019-12-31.
4 Feb 2020director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 36,739 shares on the open market at $0.80.
15 Jan 2020listing compliance notice▼ BadMajor
Barnwell fell out of NYSE American compliance after three years of losses left its stockholders' equity at $1.2 million, below the $2-4 million minimum; its stock was tagged ".BC" and the company had to submit a plan to regain compliance by July 2021.
10 Jan 2020director interest notice● Neutral
BARNWELL INDUSTRIES INC President and COO Alexander C Kinzler bought 7,059 shares on the open market at $1.09.
6 Jan 2020director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 15,070 shares on the open market at $0.96.
31 Dec 2019director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 63,057 shares on the open market.
23 Dec 2019director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 223,761 shares on the open market.
20 Sept 2019director interest notice● Neutral
BARNWELL INDUSTRIES INC director James S Barnwell III bought 5,000 shares on the open market at $0.59.