18 May 2004substantial holder notice● Neutral
DAVID STEVENSON reported a CYGNUS OIL & GAS CORP shareholding of 2,450,000 shares (4.90% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 May 2004substantial holder notice● Neutral
FEQ INVESTMENTS, INC, EARNEST A. BARTLETT reported a CYGNUS OIL & GAS CORP shareholding of 2,676,000 shares (5.35% of votes) in a periodic institutional filing.
18 May 2004late filing notice▼ Bad
CYGNUS OIL & GAS CORP notified the SEC that its quarterly report would be filed late.
5 May 2004substantial holder notice● Neutral
David Stevenson disclosed a new substantial CYGNUS OIL & GAS CORP shareholding (6.90% of votes).
4 May 2004auditor change● Neutral
Touchstone Resources USA's auditor Stonefield Josephson resigned on April 8, 2004, and the company hired L J Soldinger Associates on April 19, 2004. Stonefield's earlier reports (for 2002) carried a going-concern warning, and the filing says there were no disagreements with the auditor. This amends an earlier auditor-change report.
3 May 2004substantial holder notice● Neutral
FEQ Investments, Inc, Earnest A. Bartlett disclosed a new substantial CYGNUS OIL & GAS CORP shareholding (9.00% of votes).
3 May 2004substantial holder notice● Neutral
Stephen P. Harrington disclosed a new substantial CYGNUS OIL & GAS CORP shareholding (17.90% of votes).
30 Apr 2004director interest notice● Neutral
CYGNUS OIL & GAS CORP President and Treasurer Stephen P Harrington disposed of 7,380,000 shares via option/appreciation-right settlement.
30 Apr 2004director interest notice● Neutral
Coffee Exchange INC became a CYGNUS OIL & GAS CORP 10%+ owner and company insider (initial ownership filing).
19 Apr 2004auditor change● Neutral
Stonefield Josephson resigned as auditor - its prior report on the shell company's 2002 financials had carried a going-concern qualification - and was replaced by L J Soldinger Associates, with no disagreements reported.
16 Apr 2004substantial holder notice● Neutral
Stephen P. Harrington disclosed a new substantial CYGNUS OIL & GAS CORP shareholding (32.70% of votes).
16 Apr 2004director interest notice● Neutral
Stephen P Harrington became a CYGNUS OIL & GAS CORP CEO and Treasurer and company insider (initial ownership filing).
15 Apr 2004asset acquisition disposition▲ GoodMajor
The shell company, renamed Touchstone Resources USA, bought a real oil and gas exploration business (Touchstone Resources USA, focused on the Permian Basin, East Texas Basin and Gulf Coast) from Touchstone Resources Ltd. of Canada for 7 million shares, plus small working interests in three other ventures - the transaction that turned the shell into an operating company, with Stephen Harrington becoming CEO.
31 Mar 2004late filing notice▼ Bad
CYGNUS OIL & GAS CORP notified the SEC that its annual report would be filed late.
2 Mar 2004business combination● NeutralMajor
While still a tiny Newport Beach shell called The Coffee Exchange, the company told shareholders that its two directors, George Sines and Scott Yancey, had agreed on Feb 28, 2004 to hand over control to Stephen Harrington. The company would redeem 1,700,000 of Sines' shares and 2,971,000 of Yancey's, and Harrington would buy 300,000 and 354,000 of their shares respectively, ending with 654,000 shares (32.7%) and the board seats, with closing set for March 15, 2004. This is the control change that sets up the Touchstone Resources USA deal; no shareholder vote was required.
16 May 2003late filing notice▼ Bad
CYGNUS OIL & GAS CORP notified the SEC that its quarterly report would be filed late.
3 Apr 2003auditor change● Neutral
While still a tiny Newport Beach shell called The Coffee Exchange, the company switched auditors from MFRC to Stonefield Josephson and took a $100,000 convertible loan from Laguna Capital Group to keep itself funded.
1 Apr 2003late filing notice▼ Bad
CYGNUS OIL & GAS CORP notified the SEC that its annual report would be filed late.
29 Mar 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
27 Mar 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
14 Mar 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
26 Feb 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
30 Jan 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
17 Jan 2002securities registration● Neutral
CYGNUS OIL & GAS CORP amended a filing by which it registered a small-business securities offering with the SEC.
7 Dec 2001securities registration● Neutral
CYGNUS OIL & GAS CORP registered a small-business securities offering with the SEC.