Energy Finders Inc (EGYF)

[trader59]

Looks like the whole quarterly was ignored.

The O/S went up by 30M - 15M to the CEO and 15M to 11 Ventures, LLC for "Services Rendered," with no discussion of what the services were in the case of 11 Ventures. Both show as awarded 4-1-22 (the day after the end of the fiscal year, but not reported on the annual as a subsequent event). Also shows a loan of $46,800 which happens to be the same amount they had claimed as "Accounts Receivable."

At the time of award, those 15M shares were worth about $3M, I'd expect the "services" that were rendered to be explained. They show a 1 year restriction, which is correct, but still that's a lot of stock.

11 Ventures LLC traces back to a Harley Wasko of West Orange, NJ (at least at the time this was filed:)

https://sec.report/Document/0001744713-18-000001/