23 May 2013material agreement● Neutral
Verde again renegotiated its small Nevada mineral-claim payments with Gold Explorations, stretching a $10,000 installment into monthly payments - a sign the shell was still operating on a shoestring.
Past year: ▼ 72%(2.30c – 9.99c USD)
Each one in plain English, with the numbers worked through for a shareholder.
23 May 2013material agreement● Neutral
Verde again renegotiated its small Nevada mineral-claim payments with Gold Explorations, stretching a $10,000 installment into monthly payments - a sign the shell was still operating on a shoestring.
7 Aug 2012auditor change● Neutral
Verde dismissed its auditor Child, Van Wagoner & Bradshaw (whose prior reports flagged going-concern doubt) and engaged Sadler, Gibb & Associates, with no disagreements reported - a routine change for a still-dormant shell.
10 Feb 2012material agreement● Neutral
As a small Nevada exploration shell run by President Stephen Spalding, Verde Resources got its Nevada mineral-claim seller, Gold Explorations LLC, to push back the deadline for completing its 2011 work program to 2012 - the kind of deferral typical of a barely-funded shell keeping a claim alive.