Past year: ▼ 80%(40.6c – 2.05 USD)
Each one in plain English, with the numbers worked through for a shareholder.
22 Sept 2021securities registration● Neutral
Creek Road Miners (now Prairie Operating Co.) filed an S-1 to register the resale of up to 19,733,346 common shares by selling stockholders. The shares came from its March and August 2021 private placements, and it would receive no proceeds from the resales.
21 Sept 2021director interest notice● Neutral
Prairie Operating Co. Chairman, CEO and President Scott D Kaufman received a stock option grant for 6,249 shares.
21 Sept 2021director interest notice● Neutral
Prairie Operating Co. Chief Financial Officer Bowman Heidi Christine received a stock option grant for 3,000 shares.
17 Sept 2021asset acquisition disposition● NeutralMajor
Creek Road Miners sold its Jevo gelatin-shot-machine subsidiary for $1.5 million to a buyer managed by a director's son-in-law -- a related-party deal approved by the other four board members -- explicitly to fund a full focus on cryptocurrency mining.
10 Sept 2021substantial holder notice● Neutral
Alpha Capital Anstalt filed a Schedule 13G reporting 600,000 common shares, or 9.723% of the class, as of August 31, 2021. Another 600,000 warrant shares were excluded because of a 4.99% ownership cap.
31 Aug 2021capital raising announcement▲ GoodMajor
As newly renamed Creek Road Miners, Inc., raised $3.5 million from 14 investors (2,333,340 shares plus $1.50-strike warrants) to fund its crypto-mining pivot.
What it means for a shareholder
2.3m new shares at about US$1.50 to raise about US$3.5m. That's 39% dilution: every existing holder's slice gets 39% smaller. If you held US$1,000 of shares (667 at the issue price), your slice goes from 0.0182% to 0.0111% of the company. To keep it you'd need 424 more shares - about US$636 at the issue price.
Create a free account to see this worked out for your own holding.
13 Aug 2021quarterly activities report▼ Bad
Creek Road Miners (now Prairie Operating Co.) filed its quarterly report on Form 10-Q for the period ended June 30, 2021.
11 Aug 2021securities registration● Neutral
Prairie Operating Co. filed the final prospectus for a registered offering.
10 Aug 2021asset acquisition disposition▼ BadMajor
Creek Road Miners exited the legacy Wizard World live-events business entirely, selling the remaining convention rights (Chicago, Cleveland, New Orleans, Philadelphia, Portland, St. Louis) to Informa Pop Culture Events for nothing but the assumption of associated liabilities -- confirming the business had little remaining value as the company pivoted to crypto mining.
26 July 2021securities registration● Neutral
Prairie Operating Co. amended a filing by which it registered a securities offering with the SEC.
22 July 2021material agreement▼ Bad
By this point renamed Creek Road Miners, Inc. and pivoted toward cryptocurrency, the company amended its Series B Preferred Stock terms with investor Leviston Resources: conversions now price off a discount to the stock's recent trading average (85% of the lowest VWAP), floored between $1.00 and $1.50 -- a variable-rate structure that increases dilution risk as the stock falls.
10 June 2021securities registration● Neutral
Prairie Operating Co. amended a filing by which it registered a securities offering with the SEC.
19 May 2021securities registration● Neutral
Prairie Operating Co. amended a filing by which it registered a securities offering with the SEC.
17 May 2021quarterly activities report▼ Bad
Wizard Brands reported quarterly revenue of $379 thousand and a net loss of $2.5 million for the quarter ended 2021-03-31, with revenue far below the prior-year quarter's $2.6 million. Consulting fees and warrants issued for services drove higher operating costs.
21 Apr 2021securities registration● Neutral
Wizard Brands filed an S-1 registering the resale by selling stockholders of up to 16.2 million common shares tied to the March 2021 Series B preferred private placement. The company will not receive proceeds from the sales, though it may receive cash from warrant exercises.
8 Apr 2021securities registration● Neutral
Prairie Operating Co. filed notice of an exempt private placement.
2 Apr 2021capital raising announcement▲ GoodMajor
As Wizard Brands, Inc., agreed to sell Leviston Resources LLC $5 million of Series B Preferred Stock and warrants, paid in tranches tied to registration-statement milestones -- capital raised as the company pivoted toward cryptocurrency mining.
29 Mar 2021director interest notice● Neutral
Prairie Operating Co. Chief Financial Officer Bowman Heidi Christine received a stock option grant for 4,000 shares.
29 Mar 2021director interest notice● Neutral
Bowman Heidi Christine became a Prairie Operating Co. Chief Financial Officer and company insider (initial ownership filing).
29 Mar 2021director interest notice● Neutral
Prairie Operating Co. Chairman, CEO and President Scott D Kaufman received a stock option grant for 8,300 shares.
29 Mar 2021director interest notice● Neutral
Scott D Kaufman became a Prairie Operating Co. Chairman, CEO & President and company insider (initial ownership filing).
3 Mar 2021director officer appointment▼ BadMajor
Formalised Scott D. Kaufman as chief executive on a contract backdated to November 2020 that let the company pay his $250,000 salary in preferred stock until it turned a profit. Kaufman also co-managed Barlock, the fund that had lent the company $2.5 million in December 2019 against essentially all its assets -- the conflict that detonated in September 2022 when Barlock declared a default and demanded $5 million.
9 Feb 2021substantial holder notice● Neutral
Bristol Investment Fund, Paul Kessler and affiliated filers disclosed in a Schedule 13D/A that Bristol Investment Fund held 2,589,986 shares, about 73.86% of the common stock. This excluded convertible debenture and warrant shares, and the filers' smaller holdings were separately listed.
5 Jan 2021director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 14,211 shares on the open market at $0.61.
5 Jan 2021director interest notice● Neutral
Prairie Operating Co. director Paul L. Kessler bought 14,211 shares on the open market at $0.61.
24 Nov 2020quarterly activities report▼ Bad
Wizard Brands (later Prairie Operating) amended its 10-Q for the quarter ended 2020-09-30, reporting revenue of $601 thousand and a net loss of $744 thousand. The amendment corrected notes payable, convertible debenture and total liabilities on the balance sheet.
16 Nov 2020quarterly activities report▼ Bad
Prairie Operating Co. reported quarterly revenue of $601 thousand and a net loss of $711 thousand for the period ended 2020-09-30.
14 Aug 2020quarterly activities report▼ Bad
Reported revenue of $816 thousand and a net loss of $390 thousand for the quarter ended June 30, 2020. Revenue was down sharply from $2.5 million a year earlier.
19 May 2020quarterly activities report▼ Bad
Filed Amendment No. 1 to its March 31, 2020 10-Q to attach XBRL files and correct a column heading date in the property and equipment note. The figures were unchanged, with revenue of about $2.6 million and a net loss of about $184 thousand.
15 May 2020quarterly activities report▼ Bad
Reported first-quarter 2020 results for the period ended March 31, 2020: convention revenue of about $2.6 million, down from $3.5 million a year earlier, and a net loss of about $184 thousand. Two shows were postponed because of Covid-19.
