24 July 2012quarterly activities report▼ Bad
EMPIRE PETROLEUM CORP reported a quarterly net loss of $61 thousand for the period ended 2012-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 June 2012agm notice● Neutral
Empire Petroleum held its annual meeting on May 31, 2012. Stockholders elected four directors, approved raising authorized shares from 100 million to 150 million, and ratified HoganTaylor LLP as auditor.
11 May 2012quarterly activities report▼ Bad
EMPIRE PETROLEUM CORP reported a quarterly net loss of $80 thousand for the period ended 2012-03-31.
7 May 2012agm notice● Neutral
Empire filed its definitive proxy for the May 31, 2012 annual meeting, asking holders to elect four directors, raise authorized shares from 100 million to 150 million, and ratify HoganTaylor LLP as auditor.
5 Apr 2012agm notice● Neutral
Empire filed a preliminary proxy for its May 31, 2012 annual meeting, asking holders to elect four directors, raise authorized shares from 100 million to 150 million, and ratify HoganTaylor LLP as auditor.
14 Nov 2011quarterly activities report▼ Bad
EMPIRE PETROLEUM CORP reported a quarterly net loss of $59 thousand for the period ended 2011-09-30.
30 Sept 2011quarterly activities report▼ Bad
Empire filed an amended 10-Q for the quarter ended June 30, 2011, solely to add dates to the CEO certifications; no financial figures were changed.
30 Aug 2011substantial holder notice● Neutral
Chairman and CEO Albert E. Whitehead reported owning 21,391,439 Empire shares, about 25% of the company, after buying 2,000,000 shares at $0.05 each on August 24, 2011.
30 Aug 2011material agreement● Neutral
CEO Albert Whitehead personally bought 2 million Empire shares directly from the company for $100,000, with proceeds earmarked for upcoming lease rental payments and working capital -- insider support for a company running thin on cash.
25 Aug 2011director interest notice● Neutral
EMPIRE PETROLEUM CORP PRESIDENT Albert E Whitehead bought 2,000,000 shares on the open market at $0.05.
12 Aug 2011quarterly activities report▼ Bad
EMPIRE PETROLEUM CORP reported a quarterly net loss of $58 thousand for the period ended 2011-06-30.
15 Mar 2011director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 55,000 shares on the open market at $0.11.
2 Mar 2011director interest notice● Neutral
EMPIRE PETROLEUM CORP director Kevin R Seth received a stock option grant for 150,000 shares.
2 Mar 2011director interest notice● Neutral
Kevin R Seth became a EMPIRE PETROLEUM CORP director and company insider (initial ownership filing).
7 Feb 2011capital raising announcement▼ BadMajor
With outside financing scarce, CEO Albert Whitehead personally lent Empire Petroleum $100,000 through his own family trust, convertible into stock at $0.10/share - a sign of how dependent the company had become on its own CEO for cash.
6 Jan 2011substantial holder notice● Neutral
Albert E. Whitehead reported a EMPIRE PETROLEUM CORP shareholding of 19,391,439 shares (23.30% of votes) in a periodic institutional filing.
6 Jan 2011director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 35,000 shares on the open market at $0.03.
6 Jan 2011director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 35,000 shares on the open market at $0.03.
6 Jan 2011substantial holder notice● Neutral
Montague H. Hackett, Jr reported a EMPIRE PETROLEUM CORP shareholding of 15,176,083 shares (18.10% of votes) in a periodic institutional filing.
15 Nov 2010quarterly activities report● Neutral
Empire Petroleum reported a net loss of about $114 thousand for the quarter ended 30 September 2010, with no petroleum revenue. Cash had fallen to $59,825 from $1.17 million at the end of 2009.
9 July 2010director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 1,250,001 shares on the open market.
8 July 2010director interest notice● Neutral
EMPIRE PETROLEUM CORP PRESIDENT Albert E Whitehead bought 833,334 shares on the open market.
18 June 2010securities registration● Neutral
EMPIRE PETROLEUM CORP filed notice of an exempt private placement.
22 Jan 2010substantial holder notice● Neutral
George H. Plewes reported a EMPIRE PETROLEUM CORP shareholding of 5,847,738 shares (7.40% of votes) in a periodic institutional filing.
21 Jan 2010capital raising announcement▼ Bad
Empire Petroleum raised another $310,000 (4.43 million shares) from eight investors under the same 2009-2010 offering.
What it means for a shareholder
4.4m new shares at about US$0.070 to raise about US$310,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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19 Jan 2010substantial holder notice● Neutral
Montague H. Hackett, Jr reported a EMPIRE PETROLEUM CORP shareholding of 14,453,582 shares (18.20% of votes) in a periodic institutional filing.
19 Jan 2010director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 428,571 shares on the open market at $0.07.
19 Jan 2010director interest notice● Neutral
EMPIRE PETROLEUM CORP President Albert E Whitehead bought 428,571 shares on the open market at $0.07.
4 Jan 2010capital raising announcement▼ Bad
Empire Petroleum raised a further $260,000 (3.71 million shares) from three investors, part of a small 2009-2010 offering during the company's pre-2014 financial decline.
What it means for a shareholder
3.7m new shares at about US$0.0701 to raise about US$260,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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17 Nov 2009director interest notice● Neutral
EMPIRE PETROLEUM CORP director Montague H Hackett Jr. bought 3,000,000 shares on the open market at $0.07.