All these events should have all been in a 8-K within 4 business days of them occurring...
The departure of the President.(York)
NO. He was not President of the holding company. A subsidiary officer is not a required filing.
The appointment of a new President. (Gwyn)
NO. He was an appointment of a subsidiary, not the holding company.
The increase in the A/S.
YES. They should have issued an 8K within four business days of the effective date of increase share capability.
The loss of the P-5 for their operator C&C Petroleum.
NO. This does not constitute a 10% value of their total asset structure.
The loss of the concession in Belize.
NO. The loss was minimal compared to what their intentions were for drilling in Belize, and in fact they were in no position to drill offshore. Nor did it qualify as a loss of 10% of their asset value.
The LOI with US. Fuels.
NO. Again, not within the 10% of asset value qualifier.
The Bankruptcy filing.
Possibly Yes/Possibly No. The claims made in the bankruptcy petition by the claimants had never been made in civil court and therefore do not actually qualify for a filing in bankruptcy court according to just about every attorney I have discussed this matter with. So does any public company have to file an 8K when a probable frivilous suit is filed against them? We'll know soon.
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