8 Mar 2013quarterly activities report● Neutral
The company filed Amendment No. 1 to its 10-Q for the quarter ended 30 June 2012. The sole purpose was to furnish the XBRL Exhibit 101, with no other changes to the original report.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Feb 2013director interest notice● Neutral
Prairie Operating Co. CEO, President, Chairman John Michael Macaluso bought 50,000 shares on the open market at $0.25.
8 Feb 2013director interest notice● Neutral
Prairie Operating Co. CEO, President, Chairman John Michael Macaluso bought 50,000 shares on the open market at $0.25.
14 Nov 2012quarterly activities report● Neutral
Prairie Operating Co. reported quarterly revenue of $2.8 million and net income of $1.7 million for the period ended 2012-09-30.
20 Sept 2012business combination▼ BadMajor
Wizard World (formerly GoEnergy) filed Amendment No. 8, restating its June 2012 report on the December 2010 reverse merger. The report described issuing 32,927,576 shares, about 94.9% fully diluted, for the convention business, which became a wholly owned subsidiary, and a $775,000 Series A raise.
14 Aug 2012quarterly activities report● Neutral
The company (then Wizard World) filed its 10-Q for the quarter ended 30 June 2012. It reported convention revenue of about $1.9 million and a net loss of about $2.7 million, largely from a derivative liability fair-value charge.
18 July 2012substantial holder notice● Neutral
Bristol Investment Fund, Ltd, Bristol Capital, LLC disclosed a new substantial Prairie Operating Co. shareholding (8.98% of votes).
13 July 2012director officer appointment▼ Bad
Enlarged the incentive plan's share reserve from 5 million to 7.5 million shares -- the second increase in fourteen months to a pool that started at 3 million.
29 June 2012business combination▼ Bad
A seventh rewrite of the same December 2010 merger disclosure, eighteen months on.
15 May 2012quarterly activities report▼ Bad
Reported revenue of $520,155 and a net loss of $303,903 for the quarter ended March 31, 2012, with cash rising to $883,279 after $825,000 raised from preferred stock.
3 May 2012capital raising announcement▲ Good
Closed a second round ($725,000 from 12 investors) of the same Series A Preferred Stock offering.
20 Apr 2012business combination● Neutral
Filed Amendment No. 6 to its 8-K on the December 2010 share exchange, restating that Wizard World issued 32,927,576 shares (about 94.9%) for Conventions and raised $775,000 in Series A Preferred.
13 Apr 2012director interest notice● Neutral
John Michael Macaluso became a Prairie Operating Co. CEO and President and company insider (initial ownership filing).
13 Apr 2012director interest notice● Neutral
Vadim Mats became a Prairie Operating Co. director and company insider (initial ownership filing).
13 Apr 2012director interest notice● Neutral
Mathews Michael became a Prairie Operating Co. director and company insider (initial ownership filing).
13 Apr 2012director interest notice● Neutral
John D Maatta became a Prairie Operating Co. director and company insider (initial ownership filing).
13 Apr 2012director interest notice● Neutral
Gregory Suess became a Prairie Operating Co. director and company insider (initial ownership filing).
5 Apr 2012securities registration● Neutral
Prairie Operating Co. filed notice of an exempt private placement.
5 Apr 2012capital raising announcement▲ Good
Closed the first round ($825,000 from 10 investors) of a targeted $2 million Series A Preferred Stock offering plus warrants.
30 Mar 2012late filing notice▼ Bad
Prairie Operating Co. notified the SEC that its annual report would be filed late.
19 Mar 2012director officer appointment● NeutralMajor
Director John Macaluso became president and chief executive on a three-year contract, while Michael Mathews stepped back from executive chairman to plain chairman. Macaluso's pay started at $10,000 a month, rose to $30,000 with a third of it deferred unless the company earned $100,000 in adjusted profit, plus warrants over 1,000,000 shares at $0.44 -- terms that say how tight the cash was.
13 Mar 2012quarterly activities report▼ Bad
Reported convention revenue of about $1.43 million for the quarter ended September 30, 2011, up from $1.10 million a year earlier. The net loss was $1.39 million, mainly from a $1.14 million derivative loss.
5 Mar 2012quarterly activities report▼ Bad
Reported convention revenue of about $1.11 million for the quarter ended June 30, 2011, up from $897 thousand a year earlier. The net loss was $1.30 million, with a $1.4 million operating loss.
2 Mar 2012quarterly activities report▼ Bad
Reported convention revenue of about $537 thousand for the quarter ended March 31, 2011, up from $215 thousand a year earlier. Net income was $573 thousand, driven by a $1.4 million derivative gain, despite a $1.0 million operating loss.
1 Feb 2012business combination▼ Bad
A fifth rewrite of the reverse-merger report, fourteen months after the transaction it describes.
27 Dec 2011capital raising announcement● Neutral
Raised $250,000 from a trust for the children of Executive Chairman Michael Mathews -- a related-party insider investment (357,143 shares at $0.70).
12 Dec 2011securities registration● Neutral
Prairie Operating Co. filed notice of an exempt private placement.
12 Dec 2011capital raising announcement▼ Bad
Raised $325,000 through 6% Senior Convertible Debentures, mandatorily convertible into Series A Preferred Stock once a qualifying $500,000+ Series A placement closed.
17 Nov 2011business combination● Neutral
A fourth rewrite of the same document, now attaching the certificates of designation for the preferred stock issued during 2011 alongside the original merger terms.
15 Sept 2011director officer appointment▼ Bad
Amended the four-month-old incentive plan to let the board price stock options below market value -- a loosening that makes insider grants cheaper for the recipient and more dilutive for everyone else.