19 May 2020director interest notice● Neutral
Norris Industries, Inc. CEO Norris Patrick L. bought 720,000 shares on the open market at $0.25.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Jan 2020quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $166 thousand and a net loss of $223 thousand for the period ended 2019-11-30.
11 Oct 2019quarterly activities report▼ Bad
Norris Industries reported quarterly revenue of $149 thousand and a net loss of $333 thousand for the three months ended August 31, 2019. Related-party borrowings rose to $2.4 million, and cash was about $82,000.
12 July 2019quarterly activities report▼ Bad
Norris Industries reported revenue of $119 thousand and a net loss of $293 thousand for the quarter ended May 31, 2019. Revenue slipped from $126 thousand a year earlier, and the company drew $200,000 on its related-party credit line.
29 May 2019late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its annual report would be filed late.
22 Jan 2019quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $137 thousand and a net loss of $162 thousand for the period ended 2018-11-30.
11 Jan 2019late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
12 Oct 2018quarterly activities report▼ Bad
Norris Industries reported revenue of $148 thousand and a net loss of $209 thousand for the quarter ended August 31, 2018. Revenue was up from $19 thousand a year earlier, and cash fell to about $70 thousand.
9 Oct 2018auditor change● Neutral
GBH CPAs' tenure as the company's auditor ended again; the cached record (an auditor confirmation letter agreeing with the company's disclosures) does not identify the successor firm.
16 July 2018quarterly activities report▼ Bad
Norris Industries reported revenue of $126 thousand and a net loss of $202 thousand for the quarter ended May 31, 2018. Revenue was up from $20 thousand a year earlier, and the net loss was down from $301 thousand.
29 May 2018late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its annual report would be filed late.
26 Feb 2018capital raising announcement● NeutralMajor
The company renamed itself from International Western Petroleum to Norris Industries (new ticker NRIS) and raised authorized shares from 90 million to 170 million, including up to 20 million blank-check preferred. Its $750,000 JBB Partners note automatically converted into 1,000,000 shares of new Series A Preferred Stock.
22 Jan 2018quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $12 thousand and a net loss of $384 thousand for the period ended 2017-11-30.
16 Jan 2018late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
11 Jan 2018director interest notice● Neutral
Norris Industries, Inc. CEO, Pres, Sec, Treasurer Norris Patrick L. received a stock option grant for 7,750,000 shares.
15 Dec 2017auditor change▼ Bad
Less than a year and a half after hiring them, the company dismissed Anton & Chia and went back to its prior auditor, GBH CPAs; no disagreements were cited, though Anton & Chia's reports had flagged substantial doubt about the company's ability to continue as a going concern.
4 Dec 2017agm notice● Neutral
Shareholders at the November 30, 2017 annual meeting elected the directors and approved a reverse split of up to 1-for-8, the name change to Norris Industries, blank check and Series A preferred stock, a 2017 incentive plan, an increase to 150 million authorized shares and executive pay. They chose a three-year say-on-pay frequency.
20 Oct 2017director interest notice● Neutral
Norris Industries, Inc. director Ross Henry Ramsey acquired 720,000 shares and disposed of 17,920,000 in a set of related equity transactions.
16 Oct 2017quarterly activities report▼ Bad
Norris Industries (then International Western Petroleum) reported quarterly revenue of about $19 thousand and a net loss of about $255 thousand for the three months ended 31 August 2017. The loss was helped by a $320 thousand gain on converting debt to common stock.
24 Aug 2017securities registration● Neutral
Norris Industries, Inc. filed notice of an exempt private placement.
11 Aug 2017substantial holder notice● Neutral
Patrick L. Riggs, Riggs Capital Inc disclosed a new substantial Norris Industries, Inc. shareholding (6.61% of votes).
8 Aug 2017substantial holder notice● Neutral
Patrick Norris disclosed a new substantial Norris Industries, Inc. shareholding (57.50% of votes).
8 Aug 2017director interest notice● Neutral
Norris Patrick L. became a Norris Industries, Inc. CEO, Pres, Sec, Treasurer and company insider (initial ownership filing).
21 July 2017quarterly activities report▼ Bad
Reported revenue of $20 thousand and a net loss of $301 thousand for the quarter ended May 31, 2017, compared with a $208 thousand loss a year earlier. It also borrowed $200,000 through a loan payable during the quarter.
18 July 2017late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
31 May 2017late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its annual report would be filed late.
17 Jan 2017quarterly activities report▼ Bad
Norris Industries, Inc. reported quarterly revenue of $25 thousand and a net loss of $427 thousand for the period ended 2016-11-30.
18 Oct 2016quarterly activities report▼ Bad
Reported revenue of $75 thousand, including $45 thousand of related-party consulting income, and a net loss of $362 thousand for the quarter ended August 31, 2016.
18 Oct 2016late filing notice▼ Bad
Norris Industries, Inc. notified the SEC that its quarterly report would be filed late.
14 Sept 2016director interest notice● Neutral
Ramsey Ross Henry became a Norris Industries, Inc. President, CEO, CFO and company insider (initial ownership filing).