28 Dec 2017auditor change● Neutral
Wizard World's board dismissed auditor Rosenberg Rich Baker Berman & Company effective December 19, 2017 and engaged Maughan Sullivan LLC on December 26. No disagreements or reportable events were disclosed.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Nov 2017quarterly activities report▼ Bad
Reported revenue of $5.2 million for the quarter ended 2017-09-30, down from $6.4 million a year earlier, and a net loss of $3.7 million, driven by a $2.3 million derivative fair-value charge.
12 Oct 2017agm notice● Neutral
Prairie Operating Co. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
20 Sept 2017agm notice● Neutral
Gave notice of its annual shareholder meeting to be held on October 9, 2017, where holders were to vote on electing five directors, ratifying the auditor and an advisory vote on executive pay.
21 Aug 2017quarterly activities report▼ Bad
Reported revenue of $4.9 million for the quarter ended 2017-06-30, down from $9.6 million a year earlier, and a net loss of $2.2 million.
15 Aug 2017late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its quarterly report would be filed late.
8 Aug 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 100,000 shares on the open market at $0.13.
31 July 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 100,000 shares on the open market.
7 July 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 150,000 shares on the open market.
22 May 2017quarterly activities report▼ Bad
Reported revenue of $3.5 million for the quarter ended 2017-03-31, down from $5.3 million a year earlier, and net income of $0.5 million, helped by a $1.9 million gain on derivative liabilities despite a $1.3 million operating loss.
16 May 2017late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its quarterly report would be filed late.
3 May 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 2,875,000 shares on the open market at $0.13.
3 Apr 2017late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its annual report would be filed late.
3 Apr 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul L. Kessler bought 2,150,000 shares on the open market at $0.13.
28 Feb 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul Kessler bought 9,601,500 shares on the open market at $0.13.
10 Jan 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul Kessler bought 526,890 shares on the open market at $0.12.
5 Jan 2017director officer appointment▼ BadMajor
Made chairman Paul Kessler executive chairman, but paid him through his own firm Bristol Capital at $18,750 a month plus 600,000 options, backdated to September 2016. Coming a month after Bristol Investment Fund bought $2.5 million of the company's convertible debentures, it left Bristol simultaneously lender, consultant, insider and de facto boss.
3 Jan 2017director interest notice● Neutral
Prairie Operating Co. Executive Chairman Paul Kessler received a stock option grant for 600,000 shares.
27 Dec 2016director interest notice● Neutral
Prairie Operating Co. insider John Michael Macaluso sold 8,490,213 shares at $0.13.
16 Dec 2016director interest notice● Neutral
Prairie Operating Co. Chairman Paul Kessler bought 8,490,213 shares on the open market at $0.13.
15 Dec 2016substantial holder notice● Neutral
Bristol Investment Fund reported owning 49,993,613 shares, or 72.95% of Wizard World, after a December 2016 financing and its purchase of shares from John Macaluso. Its affiliates held smaller stakes of up to 1.15%.
2 Dec 2016capital raising announcement▼ BadMajor
Sold $2.5 million of convertible debentures plus warrants for a combined 33.3 million shares (at $0.15 and a nominal $0.0001 strike) to Bristol Investment Fund, an entity controlled by the company's own Board Chairman -- a large, insider-favorable related-party financing.
21 Nov 2016quarterly activities report● Neutral
Prairie Operating Co. reported quarterly revenue of $6.4 million and net income of $365 thousand for the period ended 2016-09-30.
15 Nov 2016late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its quarterly report would be filed late.
14 Nov 2016director officer appointment● Neutral
Entered into a written employment agreement dated November 8, 2016, effective July 14, 2016, with Randall Malinoff as Chief Operating Officer, paying $225,000 a year plus a grant of 600,000 stock options.
10 Nov 2016director interest notice● Neutral
Prairie Operating Co. Chief Operating Officer Malinoff Randall S received a stock option grant for 600,000 shares.
15 Aug 2016quarterly activities report● Neutral
Reported revenue of $9.6 million and net income of $400 thousand for the quarter ended June 30, 2016, against a loss of $1.8 million a year earlier.
20 July 2016director officer appointment● NeutralMajor
Papered two management changes at once: director John D. Maatta's promotion to chief executive, backdated to May 2016, on $250,000 a year and 1.1 million options -- 300,000 of which vest only if the company is sold -- and Randall Malinoff's move from interim to permanent operating chief on $225,000 and 600,000 options.
23 May 2016quarterly activities report● Neutral
Wizard World reported revenue of $5.3 million for the quarter ended March 31, 2016, down from $6.1 million a year earlier. Net income was $53 thousand, though a $16 thousand loss was attributable to common stockholders.
17 May 2016late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its quarterly report would be filed late.