Past year: ▼ 90%(0.00c – 0.10c USD)
Each one in plain English, with the numbers worked through for a shareholder.
29 Mar 2007director officer appointment▼ Bad
Daniel Schreiber left the board and Robert Fields replaced him on options struck at $0.37 - the third successive director grant at a lower price than the last. Schreiber's departure preceded litigation between him and the company.
16 Mar 2007director interest notice● Neutral
Stouthearted Family Trust became a Surge Global Energy, Inc. 10%+ owner and company insider (initial ownership filing).
16 Mar 2007substantial holder notice● Neutral
Stouthearted Family Trust Not Applic disclosed a new substantial Surge Global Energy, Inc. shareholding (11.10% of votes).
13 Mar 2007director interest notice● Neutral
1216848 Alberta LTD. became a Surge Global Energy, Inc. 10%+ owner and company insider (initial ownership filing).
13 Mar 2007substantial holder notice● Neutral
Ma Family Trust Not Applicable disclosed a new substantial Surge Global Energy, Inc. shareholding (5.80% of votes).
13 Mar 2007asset acquisition disposition● Neutral
This amendment clarifies how the Peace Oil purchase of March 2, 2007 is structured: Peace Oil is bought through Cold Flow Energy ULC, owned by 1294697 Alberta Ltd., which Surge owns entirely and formed on Canadian tax counsel's advice. Part of the price is four promissory notes; three are due by August 30, 2007, and once those are paid the security (including the gross overriding royalty) ends, leaving a fourth note of CDN$1.6 million due December 21, 2007.
12 Mar 2007director interest notice● Neutral
Cairns Family Trust became a Surge Global Energy, Inc. 10%+ owner and company insider (initial ownership filing).
12 Mar 2007substantial holder notice● Neutral
Cairns Family Trust Not Applicable disclosed a new substantial Surge Global Energy, Inc. shareholding (11.10% of votes).
12 Mar 2007director interest notice● Neutral
Fisher Family Trust became a Surge Global Energy, Inc. 10%+ owner and company insider (initial ownership filing).
12 Mar 2007substantial holder notice● Neutral
Fisher Family Trust Not Applicable disclosed a new substantial Surge Global Energy, Inc. shareholding (11.10% of votes).
8 Mar 2007asset acquisition disposition▲ GoodMajor
Surge completed the Peace Oil acquisition for C$16.35 million - part cash, part exchangeable preferred shares in Cold Flow - giving it a direct 30% working interest in 86,400 acres of Red Earth oil sands leases. This is Surge's only wholly controlled asset since Signet slipped away, and it would hold it for less than four months.
27 Feb 2007securities registration● Neutral
Surge Global Energy, Inc. filed the final prospectus for a registered offering.
14 Feb 2007securities registration● Neutral
Surge Global Energy, Inc. amended a filing by which it registered a small-business securities offering with the SEC.
8 Feb 2007securities registration● Neutral
Surge Global Energy, Inc. amended a filing by which it registered a small-business securities offering with the SEC.
31 Jan 2007director interest notice● Neutral
Surge Global Energy, Inc. director Richard A Collato exercised stock options for 333,333 shares and disposed of 333,333 shares.
31 Jan 2007director interest notice● Neutral
Surge Global Energy, Inc. director John Stiska exercised stock options for 50,000 shares and disposed of 50,000 shares.
20 Dec 2006securities registration● Neutral
Surge Global Energy, Inc. registered a small-business securities offering with the SEC.
18 Dec 2006material agreement● Neutral
The company formally finalised CFO William Greene's employment agreement on December 14, 2006, effective June 30, 2006 for a one-year term. He gets a $180,000 salary plus medical benefits and 400,000 options at $1.11 over ten years, vesting monthly over three years, with immediate vesting if he is terminated without cause or on a change in control.
11 Dec 2006director interest notice● Neutral
Surge Global Energy, Inc. Chairman, CEO & Secretary David Perez bought 10,650 shares on the open market at $0.71.
11 Dec 2006substantial holder notice● Neutral
Gemini Master Fund Ltd, Gemini Strategies, LLC, Steven Winters disclosed a new substantial Surge Global Energy, Inc. shareholding (6.76% of votes).
8 Dec 2006substantial holder notice● Neutral
Mark C. Fritz reported a Surge Global Energy, Inc. shareholding of 5,713,500 shares (18.80% of votes) in a periodic institutional filing.
7 Dec 2006director interest notice● Neutral
Mark C Fritz became a Surge Global Energy, Inc. 10%+ owner and company insider (initial ownership filing).
7 Dec 2006director interest notice● Neutral
Surge Global Energy, Inc. Chairman, CEO & Secretary David Perez bought 7,350 shares on the open market.
7 Dec 2006director interest notice● Neutral
Surge Global Energy, Inc. 10%+ owner Mark C Fritz sold 107,000 shares.
4 Dec 2006securities registration● Neutral
Surge Global Energy, Inc. filed the final prospectus for a registered offering.
4 Dec 2006capital raising announcement● NeutralMajor
Surge raised $1.35 million at $0.45 from hedge fund Gemini Master Fund and existing holder Mark Fritz - a third of the March price - and simultaneously agreed to buy Peace Oil Corp through a new Canadian subsidiary, Cold Flow Energy. Having been diluted out of Sawn Lake, Surge was buying its way back into Alberta oil sands with money raised on much worse terms.
9 Nov 2006securities registration● Neutral
Surge Global Energy, Inc. filed the final prospectus for a registered offering.
3 Nov 2006securities registration● Neutral
Surge Global Energy, Inc. filed the final prospectus for a registered offering.
17 Oct 2006director interest notice● Neutral
Thomas Page became a Surge Global Energy, Inc. director and company insider (initial ownership filing).
17 Oct 2006director interest notice● Neutral
Richard A Collato became a Surge Global Energy, Inc. director and company insider (initial ownership filing).
