Past year: ▲ 0%(6.00c – 6.00c USD)
Each one in plain English, with the numbers worked through for a shareholder.
16 Apr 2012annual report▼ BadMajor
The FY2011 10-K confirmed the December 13, 2011 rename to IFCI International Corp. - the fourth name for this shell since 2007. Still $0 revenue on 55,500,000 shares outstanding, cumulative losses grew to $115,618, funded solely by officer/director loans, with the company now looking for "additional business opportunities" after the web-based savings-system plan also appears to have gone nowhere.
15 Apr 2011annual report▼ BadMajor
The FY2010 10-K showed no revenue, cumulative losses of $74,244 and a going-concern opinion, with 55,500,000 shares unchanged since the 2009 forward split. The web-based savings launch was put on hold for lack of capital, and the company said it would explore other opportunities.
14 June 2010director officer appointment▼ BadMajor
Michelle Pannoni resigned as President and a director effective June 11, 2010, with no disagreements with the company. The 8-K was signed by Ken Waters as Chairman.
11 June 2010director officer appointment● Neutral
Dr. Lyn DaSylva resigned as Vice President, Treasurer, Secretary and Director effective June 7, 2010.
15 Apr 2010annual report● NeutralMajor
The FY2009 10-K showed $48,207 in expenses for the year on zero revenue; despite the company having no operating business beyond its abandoned mineral claim, its stock (ticker CNNC.OB) had run up from $0.10 in late 2008 to as high as $1.02 by year-end 2009, held by just 30 stockholders of record.
30 Dec 2009director officer appointment● Neutral
A same-day 8-K/A restated the identical December 28, 2009 management changes reported the day before.
30 Dec 2009director officer appointment● Neutral
Ken Waters stepped down as President/CEO on December 28, 2009 (remaining a director); Michelle Pannoni returned as President/Director, and Dr. Lyn DaSylva was appointed Vice President, Treasurer, Secretary and Director.
25 June 2009director officer appointment● NeutralMajor
Both Pannoni and CEO David Saltrelli resigned all positions effective June 22, 2009; the filing itself was signed by Ken Waters as the company's new President/CFO, though no separate filing in this company's SEC record discloses when or how Waters was appointed.
23 Apr 2009director officer appointment● NeutralMajor
Michelle Pannoni, whose background is in web-based marketing and member-based savings systems, was appointed Secretary/Treasurer/Vice President/Director on April 19, 2009; separately, the company had already renamed itself from Iron Head Mining Corporation to The Connect Corporation on March 17, 2009 - the first sign of a pivot away from mineral exploration.
20 Mar 2009annual report▼ Bad
The FY2008 10-K showed a $22,396 net loss for the year ($22,596 cumulative since the April 2007 inception), still $0 revenue, and 9,250,000 shares outstanding - purely an exploration-stage shell centered on the Keoni1 claim.
17 Mar 2009director officer appointment● Neutral
David A. Saltrelli, president of a Florida real estate and marketing consulting firm since 2002, was appointed CEO and a director on March 11, 2009.
13 June 2008other● Neutral
The SEC declared Iron Head Mining's resale registration statement effective.
