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þ
|
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the fiscal year ended
March 31, 2012
|
¨
|
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the transition period from ________ to _________
|
Nevada
|
30-0233726
|
|
(State or other jurisdiction of
|
(I.R.S. Employer
|
|
incorporation or organization)
|
Identification No.)
|
|
324 South 400 West, Suite 250
|
||
Salt Lake City, Utah
|
84101
|
|
(Address of principal executive offices)
|
(Zip Code)
|
Large accelerated Filer ¨ | Accelerated filer ¨ |
Non-accelerated Filer ¨ (Do not check if smaller reporting company) | Smaller reporting company þ |
PART I
|
||
Page
|
||
Item 1.
|
Business
|
4
|
Item 1A.
|
Risk Factors
|
6
|
Item 1B.
|
Unresolved Staff Comments
|
8
|
Item 2.
|
Properties
|
8
|
Item 3.
|
Legal Proceedings
|
9
|
Item 4.
|
Mine Safety Disclosures
|
9
|
PART II
|
||
Item 5.
|
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
|
9
|
Item 6.
|
Selected Financial Data
|
11
|
Item 7.
|
Management’s Discussion and Analysis of Financial Condition and Results of Operations
|
11
|
Item 7A.
|
Quantitative and Qualitative Disclosures About Market Risk
|
18
|
Item 8.
|
Financial Statements and Supplementary Data
|
18
|
Item 9.
|
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
|
18
|
Item 9A.
|
Controls and Procedures
|
18
|
Item 9B.
|
Other Information
|
20
|
PART III
|
||
Item 10.
|
Directors, Executive Officers and Corporate Governance
|
20
|
Item 11.
|
Executive Compensation
|
28
|
Item 12.
|
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
|
31
|
Item 13.
|
Certain Relationships and Related Transactions, and Director Independence
|
32
|
Item 14.
|
Principal Accountant Fees and Services
|
34
|
PART IV
|
||
Item 15.
|
Exhibits and Financial Statement Schedules
|
35
|
SIGNATURES
|
38
|
●
|
make a special written suitability determination for the purchaser;
|
|
●
|
receive the purchaser’s written agreement to a transaction prior to sale;
|
|
●
|
provide the purchaser with risk disclosure documents that identify certain risks associated with investing in “penny stocks” and that describe the market for the “penny stocks,” as we as a purchaser’s legal remedies: and
|
|
●
|
obtain a signed and dated acknowledgement from the purchaser demonstrating that the purchase has actually received the required risk disclosure document before a transaction in a “penny stock” can be completed.
|
Fiscal year ended March 31, 2012
|
High
|
Low
|
||
Fourth quarter
|
$0.205
|
$0.157
|
||
Third quarter
|
$ 1.12
|
$0.121
|
||
Sept. 30, 2011
|
$ 1.11
|
$ 1.11
|
||
July 1, 2011 – Sept. 29, 2011
|
$ 1.05
|
$ 0.80
|
||
First quarter
|
$ 1.02
|
$ 0.91
|
||
Fiscal year ended March 31, 2011
|
||||
Fourth quarter
|
$ 1.18
|
$ 0.86
|
||
Third quarter
|
$ 0.99
|
$ 0.57
|
||
Second quarter
|
$ 0.62
|
$ 0.52
|
||
First quarter
|
$ 1.06
|
$ 0.61
|
●
|
a citizen or individual resident of the United States, as determined for U.S. federal income tax purposes;
|
|
●
|
a corporation, or other entity taxable as a corporation for U.S. federal income tax purposes, created or organized in or under the laws of the United States or any political subdivision thereof;
|
●
|
an estate the income of which is subject to U.S. federal income taxation regardless of its source; or
|
|
●
|
a trust if (1) a court within the United States can exercise primary supervision over its administration and one or more U.S. persons have the authority to control all its substantial decisions, or (2) the trust has a valid election in effect under applicable Treasury Regulations to be treated as a U.S. person.
|
For the year ended
|
For the year ended
|
||
March 31, 2012
|
March 13, 2011
|
||
Costs and Operating Expenses:
|
|||
General and administrative
|
$ 20,311,395
|
$ 10,037,072
|
|
Interest expense
|
3,551,022
|
5,977,640
|
|
Amortization and depreciation
|
101,515
|
89,575
|
|
Total
|
$ 23,963,932
|
$ 16,104,287
|
Year ended
March 31, 2012 |
Year ended
March 31, 2011 |
|
Net cash provided by operating activities
|
$ 15,278,079
|
$ 35,779,349
|
Net cash provided by (used in) investing activities
|
$ 136,255,136
|
$ (35,078,949)
|
Net cash used in financing activities
|
$ (109,269,699)
|
$ (5,369,245)
|
NET CHANGE IN CASH AND CASH EQUIVALENTS
|
$ 42,263,516
|
$ (4,668,845)
|
NET CHANGE IN CASH AND CASH EQUIVALENTS–CONTINUING OPERATIONS
|
$ 38,946,233
|
$ (2,566,347)
|
NET CHANGE IN CASH AND CASH EQUIVALENTS–DISCONTINUED OPERATIONS
|
$ 3,317,283
|
$ (2,102,498)
|
Payments Due By Period
|
|||||
Contractual obligations
|
Total
|
Less than 1 year
|
2-3 years
|
4-5 years
|
After 5 years
|
Cash distribution from escrow account
(1)
|
$ 39,000,000
|
$ 39,000,000
|
$ -
|
$ -
|
$ -
|
(1)
|
Pursuant to the terms of the Purchase Agreement, we are required to indemnify Palaeontol for losses arising from our breaches of representations and warranties, failure to perform covenants, litigation matters, compliance with (and validity of) the exploration contract, transfer of certain payables, defects in ownership of certain facilities and pipelines, or violations of applicable environmental laws. The representations, warranties and covenants of Palaeontol and the Company survive for a period of twelve months following the closing date, except in the case of fraud or criminal misconduct on our part, in which case survival is without limitation. Our maximum indemnification obligation is limited to $39
million. To help satisfy this obligation we were required by the Purchase Agreement to escrow $36 million of the proceeds from the Sale for a period of twelve months following the Closing.
|
|
The initial cash distribution owed to Messrs Cherdabayev and Tolmakov and Mr. Cherdabayev’s Consulting Agreement extraordinary event payment constitute part of this Escrow. Any portion of the Escrow remaining following the expiration of the one-year period will be distributed pro-rata to our shareholders following payments to Messrs. Cherdabayev and Tolmakov as disclosed above.
|
●
|
pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;
|
●
|
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and
|
●
|
provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.
|
Name of Director or
Executive Officer
|
Age
|
Positions with
the Company
|
Director Since
|
Officer Since
|
||||
Boris Cherdabayev
|
58
|
Chairman of the Board of Directors
|
November 2003
|
|||||
Jason M. Kerr
|
40
|
Independent Director
|
May 2008
|
|||||
Troy F. Nilson
|
46
|
Independent Director
|
December 2004
|
|||||
Leonard M. Stillman
|
69
|
Independent Director
|
October 2006
|
|||||
Valery Tolkachev
|
45
|
Independent Director
|
December 2003
|
|||||
Askar Tashtitov
|
33
|
President and Director
|
May 2008
|
May 2006
|
||||
Evgeniy Ler
|
29
|
Chief Financial Officer
|
April 2009
|
●
|
Mr. Nilson cease and desist from committing or causing any violations and any future violations of Section 10A(a)(1) and 10A(a)(3) of the Exchange Act.
|
|
●
|
Mr. Nilson cease and desist from committing or causing any violations and any future violations of Section 13(a) of the Exchange Act and Rules 13a-1, 13a-13 and 12b-20 promulgated thereunder.
|
|
●
|
Mr. Nilson is denied the privilege of appearing or practicing before the Commission as an accountant.
|
|
●
|
After five years from the date of the order, Mr. Nilson may request that the Commission consider his reinstatement by submitting an application to resume appearing or practicing before the Commission.
|
(i) Acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, and other person regulated by the Commodity Futures Trading Commission (
“
CFTC
”
), or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliate person, director or employee of any investment company, bank savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with
such activity;
|
|
(ii) Engaging in any type of business practice; or
|
|
(iii) Engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws.
|
(i) Any Federal or State securities or commodities law or regulations; or
|
|
(ii) Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or
|
●
|
honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
|
|
|
●
|
full, fair, timely, accurate and understandable disclosure in reports and documents that we file with, or submit to the Commission and in our other public communications;
|
●
|
compliance with applicable governmental laws, rules and regulations;
|
|
|
●
|
prompt internal reporting of violations of the code to an appropriate person or persons identified in the code; and
|
|
●
|
accountability for adherence to the code.
|
●
|
assist the board in the selection, review and oversight of our independent registered public accounting firm;
|
|
|
●
|
approve all audit, review and attest services provided by the independent registered public accounting firm;
|
|
●
|
assess the integrity of our reporting practices and evaluate of our internal controls and accounting procedures; and
|
|
●
|
resolve disagreements between management and the independent registered public accountants regarding financial reporting.
|
Name and
Principal Position
|
Year
|
Salary
($)
|
Bonus
($)
|
Stock
Awards
($)
|
All Other
Compensation
(1)
($)
|
Total
($)
|
Askar Tashtitov
|
2012
|
43,934
|
-0-
|
-0-
|
3,018,547
|
3,062,481
|
President (PEO)
(2)
|
2011
|
121,943
|
-0-
|
-0-
|
37,902
|
159,845
|
Gamal Kulumbetov
|
2012
|
29,290
|
-0-
|
-0-
|
399,985
|
429,275
|
Former CEO
(2)
|
2011
|
95,619
|
-0-
|
-0-
|
34,444
|
130,063
|
Evgeniy Ler
|
2012
|
27,459
|
-0-
|
-0-
|
376,230
|
403,688
|
CFO
|
2011
|
97,083
|
-0-
|
-0-
|
33,334
|
130,417
|
Boris Cherdabayev
|
2012
|
71,995
|
-0-
|
-0-
|
31,510
|
103,505
|
Chairman of the
|
2011
|
192,000
|
-0-
|
-0-
|
63,164
|
255,164
|
Board of Directors
|
||||||
(1)
|
For details regarding All Other Compensation awarded to the NEOs, please see the “
All Other Compensation
” table below.
|
(2)
|
On August 8, 2011, Askar Tashtitov became the Principal Executive Officer of the Company when Gamal Kulumbetov ceased serving as the Chief Executive Officer (Principal Executive Officer) of the Company.
|
Name
|
Year
|
Income Tax
|
Social Tax
|
Health Insurance
|
Pension Fund
|
Extraordinary Event/
Termination Benefit (1) |
Askar Tashtitov
|
2012
|
$ 8,038
|
$ 7,394
|
$ 381
|
$ 2,735
|
$3,000,000
|
2011
|
15,965
|
15,510
|
279
|
6,148
|
-0-
|
|
Gamal Kulumbetov
|
2012
|
$ 6,190
|
$ 5,037
|
$ 381
|
$ 2,656
|
$ 385,722
|
2011
|
13,722
|
12,389
|
279
|
8,054
|
-0-
|
|
Evgeniy Ler
|
2012
|
$ 5,238
|
$ 4,847
|
$ 381
|
$ 2,646
|
$ 363,118
|
2011
|
13,311
|
11,690
|
279
|
8,054
|
-0-
|
|
Boris Cherdabayev
|
2012
|
$ 15,092
|
$ 12,105
|
$1,352
|
$ 2,960
|
$ -0-
|
2011
|
28,452
|
25,665
|
993
|
8,054
|
-0-
|
(1)
|
The Sale constituted an extraordinary event under the employment agreements of Messrs. Tashtitov, Kulumbetov and Ler, resulting in the termination of such agreements. As a result of such termination due to the occurrence of an extraordinary event, the Company was required to make severance payment to each of these individuals.
|
Name
|
Fees Earned or Paid in Cash
($)
|
Stock
Awards
($)
|
Option
Awards
($)
|
Non-Equity Incentive Plan Compensation
($)
|
Nonqualified
Deferred
Compensation
Earnings
($)
|
All Other
Compensation
($)
|
Total
($)
|
Jason Kerr
|
31,793
|
-0-
|
-0-
|
-0-
|
-0-
|
-0-
|
31,793
|
Troy Nilson
|
31,793
|
-0-
|
-0-
|
-0-
|
-0-
|
-0-
|
31,793
|
Leonard Stillman
|
31,793
|
-0-
|
-0-
|
-0-
|
-0-
|
-0-
|
31,793
|
Valery Tolkachev
|
31,793
|
-0-
|
-0-
|
-0-
|
-0-
|
-0-
|
31,793
|
Daymon Smith
|
27,392
|
-0-
|
-0-
|
-0-
|
-0-
|
-0-
|
27,392
|
Title of Class
|
Name and Address of Beneficial Owner
|
Amount & Nature of
Beneficial Ownership |
% of
Class
|
Common
|
Caspian Energy Consulting Ltd.
|
5,197,539
|
9.3%
|
P.O. Box 664
|
|||
Owen Sound, ON N4K 5R4
|
|||
Common
|
Toleush Tolmakov
|
6,251,960
(1)
|
11.2%
|
Daulet Village, oil storage depot
|
|||
Aktau, Kazakhstan 466200
|
|||
TOTAL
|
11,449,499
|
20.5%
|
(1)
|
Mr. Tolmakov passed away in December 2011. His estate is currently being probated in the Republic of Kazakhstan. The shares attributed to the estate of Mr. Tolmakov include 3,265,365 shares held of record by Mr. Tolmakov and 2,986,595 shares held of record by Simage Limited. Simage Limited is a company that was owned by Mr. Tolmakov.
|
Title of Class
|
Name of Beneficial Owner
|
Amount & Nature of
Beneficial Ownership |
% of
Class |
Common
|
Boris Cherdabayev
|
6,248,727
(1)
|
11.2%
|
Common
|
Jason Kerr
|
-0-
|
*
|
Common
|
Evgeniy Ler
|
190,000
|
*
|
Common
|
Troy Nilson
|
-0-
|
*
|
Common
|
Leonard M. Stillman
|
-0-
|
*
|
|
|||
Common
|
Askar Tashtitov
|
480,000
|
*
|
Common
|
Valery Tolkachev
|
81,579
|
*
|
Officers and Directors
|
7,000,306
|
12.5%
|
|
as a Group: (7 persons)
|
|||
(1)
|
The shares attributed to Mr. Cherdabayev include 4,128,601 shares held of record by Mr. Cherdabayev, 2,106,126 shares held by or for the benefit of Westfall Group Limited and 14,000 shares held of record by Asael T. Sorensen for the benefit of Boris Cherdabayev. Mr. Cherdabayev is the sole owner of Westfall Group Limited.
|
Plan category
|
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights
(a)
|
Weighted-average
exercise price of
outstanding
options, warrants
and rights
(b)
|
Number of securities
remaining available for future
issuance under equity
compensation plans
(excluding securities
reflected in columns (a))
(c)
|
Equity compensation plans approved by security holders
|
-0-
|
-
|
4,025,000
|
Equity compensation plans not approved by security holders
|
-0-
|
-
|
-
|
Total
|
-0-
|
-
|
4,025,000
|
Fiscal 2012
|
Fiscal 2011
|
||
Audit
|
$ 111,933
|
$ 360,788
|
|
Audit related
|
-
|
22,490
|
|
Tax
|
4,565
|
16,367
|
|
All other
|
-
|
-
|
|
Total
|
$116,498
|
$ 399,645
|
Exhibit No.
|
Exhibit Description
|
|
2.1
|
Participation Interest Purchase Agreement, dated February 14, 2011, by and among the Company, MIE Holdings Corporation and Palaeontol B.V.
(1)
|
|
3.1
|
Articles of Incorporation of BMB Munai, Inc.
(2)
|
|
3.2
|
Amendment to Articles of Incorporation of BMB Munai, Inc.
(3)
|
|
3.3
|
By-Laws of BMB Munai, Inc. (as amended through July 8, 2010)
(4)
|
|
4.1
|
BMB Munai, Inc. 2004 Stock Incentive Plan
(5)
|
|
4.2
|
BMB Munai, Inc. 2009 Equity Incentive Plan
(6)
+
|
|
10.1
|
Consulting Agreement, dated December 31, 2009, between BMB Munai, Inc. and Boris Cherdabayev
(7)
+
|
|
10.2
|
Amendment to the Consulting Agreement and Waiver Agreement, dated February 14, 2011, between BMB Munai, Inc. and Boris Cherdabayev
(8)
+
|
|
14.1
|
Code of Ethics
(9)
|
|
21.1
|
Subsidiaries*
|
|
31.1
|
Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a)*
|
|
31.2
|
Certification of Chief Financial Officer Pursuant to Rule 13a-14(a)*
|
|
32.1
|
Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350*
|
|
32.2
|
Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350*
|
|
101.INS
|
XBRL Instance Document
|
|
101.SCH
|
XBRL Taxonomy Extension Schema Document
|
|
101.CAL
|
XBRL Taxonomy Extension Calculation Linkbase Document
|
|
101.DEF
|
XBRL Taxonomy Definition Linkbase Document
|
|
101.LAB
|
XBRL Taxonomy Extension Label Linkbase Document
|
|
101.PRE
|
XBRL Taxonomy Extension Presentation Linkbase Document
|
BMB MUNAI, INC.
|
||
Date: June 25, 2012
|
By:
|
/s/ Askar Tashtitov |
Askar Tashtitov
|
||
President
|
||
(Duly Authorized Representative)
|
Signatures
|
Title
|
Date
|
||
/s/ Askar Tashtitov
|
President and Director
|
June 25, 2012
|
||
Askar Tashtitov
|
||||
/s/ Evgeny Ler |
Chief Financial Officer
|
June 25, 2012
|
||
Evgeny Ler
|
||||
/s/ Boris Cherdabayev |
Chairman of the Board of Directors
|
June 25, 2012
|
||
Boris Cherdabayev
|
||||
/s/ Jason Kerr |
Director
|
June 25, 2012
|
||
Jason Kerr
|
||||
/s/ Troy Nilson |
Director
|
June 25, 2012
|
||
Troy Nilson
|
||||
/s/ Leonard Stillman |
Director
|
June 25, 2012
|
||
Leonard Stillman
|
||||
/s/ Valery Tolkachev |
Director
|
June 25, 2012
|
||
Valery Tolkachev
|
|
CONSOLIDATED FINANCIAL STATEMENTS
|
|
FOR THE YEARS ENDED MARCH 31, 2012 AND 2011
|
Page
|
|
Report of Independent Registered Public Accounting Firm – Hansen, Barnett & Maxwell P.C.
|
F-1
|
Consolidated Balance Sheets as of March 31, 2012 and 2011
|
F-2
|
Consolidated Statements of Operations for the years ended March 31, 2012 and 2011
|
F-3
|
Consolidated Statements of Shareholders’ Equity for the years ended March 31, 2012 and 2011
|
F-4
|
Consolidated Statements of Cash Flows for the years ended March 31, 2012 and 2011
|
F-5
|
Notes to the Consolidated Financial Statements
|
F-7
|
Notes
|
March 31, 2012
|
March 31, 2011
|
||
ASSETS
|
||||
CURRENT ASSETS
|
||||
Cash and cash equivalents
|
3
|
$ 3,370,177
|
$ 426,045
|
|
Promissory notes receivable
|
4
|
220,875
|
154,725
|
|
Prepaid expenses and other assets, net
|
5
|
1,616,915
|
74,041
|
|
Restricted cash
|
3
|
36,002,101
|
-
|
|
Current assets from discontinued operations
|
6
|
-
|
18,270,599
|
|
Total current assets
|
41,210,068
|
18,925,410
|
||
LONG TERM ASSETS
|
||||
Other fixed assets, net
|
214,280
|
162,488
|
||
Convertible notes issue cost
|
7
|
-
|
738,062
|
|
Long term assets from discontinued operations
|
6
|
-
|
300,708,406
|
|
Total long term assets
|
214,280
|
301,608,956
|
||
TOTAL ASSETS
|
$
41,424,348
|
$ 320,534,366
|
||
LIABILITIES AND SHAREHOLDERS’ EQUITY
|
||||
CURRENT LIABILITIES
|
||||
Accounts payable
|
$
18,712
|
$ 767,489
|
||
Accrued coupon payment
|
7
|
-
|
1,430,108
|
|
Taxes payable, accrued liabilities and other payables
|
11,497
|
317,968
|
||
Deferred consulting and distribution payments
|
8
|
20,016,556
|
-
|
|
Current liabilities from discontinued operations
|
6
|
-
|
27,587,087
|
|
Total current liabilities
|
20,046,765
|
30,102,652
|
||
LONG TERM LIABILITIES
|
||||
Convertible notes issued, net
|
7
|
-
|
61,703,728
|
|
Deferred taxes
|
12
|
-
|
3,977,385
|
|
Long term liabilities from discontinued operations
|
6
|
-
|
6,137,742
|
|
Total long term liabilities
|
-
|
71,818,855
|
||
COMMITMENTS AND CONTINGENCIES
|
10
|
-
|
-
|
|
SHAREHOLDERS’ EQUITY
|
||||
Preferred stock - $0.001 par value; 20,000,000 shares authorized; no shares issued or outstanding
|
8
|
-
|
-
|
|
Common stock - $0.001 par value; 500,000,000 shares authorized, 55,787,554 and 55,787,554 shares outstanding, respectively
|
8
|
55,788
|
55,788
|
|
Additional paid in capital
|
8
|
106,099,585
|
164,118,640
|
|
(Accumulated deficit) / Retained earnings
|
(84,777,790)
|
54,438,431
|
||
Total shareholders’ equity
|
21,377,583
|
218,612,859
|
||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
|
$
41,424,348
|
$ 320,534,366
|
Notes
|
Year ended
March 31, 2012
|
Year ended
March 31, 2011
|
||
REVENUES
|
$ -
|
$ -
|
||
COSTS AND OPERATING EXPENSES
|
||||
General and administrative
|
20,311,395
|
10,037,072
|
||
Interest expense
|
7
|
3,551,022
|
5,977,640
|
|
Amortization and depreciation
|
101,515
|
89,575
|
||
Total costs and operating expenses
|
23,963,932
|
16,104,287
|
||
LOSS FROM OPERATIONS
|
(23,963,932)
|
(16,104,287)
|
||
OTHER EXPENSE
|
||||
Foreign exchange loss, net
|
(26,807)
|
(415,803)
|
||
Interest income
|
32,125
|
11,388
|
||
Other income / (expense), net
|
(9,550)
|
7,974
|
||
Total other expense
|
(4,232)
|
(396,441)
|
||
LOSS BEFORE INCOME TAXES
|
(23,968,164)
|
(16,500,728)
|
||
INCOME TAX BENEFIT
|
12
|
-
|
1,366,631
|
|
LOSS FROM CONTINUING OPERATIONS
|
(23,968,164)
|
(15,134,097)
|
||
Loss on sale of Emir Oil, net of income taxes
|
6
|
(127,147,771)
|
-
|
|
Income from discontinued operations
|
6
|
11,899,714
|
20,015,870
|
|
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
|
(115,248,057)
|
20,015,870
|
||
NET INCOME (LOSS)
|
$ (139,216,221)
|
$ 4,881,773
|
||
BASIC NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS
|
9
|
$ (0.43)
|
$ (0.28)
|
|
DILUTED NET LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS
|
9
|
$ (0.43)
|
$ (0.28)
|
|
BASIC NET INCOME (LOSS) PER COMMON SHARE FROM DISCONTINUED OPERATIONS
|
9
|
$ (2.07)
|
$ 0.38
|
|
DILUTED NET INCOME (LOSS) PER COMMON SHARE FROM DISCONTINUED OPERATIONS
|
9
|
$ (2.07)
|
$ 0.38
|
Additional | ||||||||||
Common Stock | paid-in | Retained | ||||||||
Notes | Shares | Amount | capital | earnings | Total | |||||
At March 31, 2010
|
51,865,015
|
$ 51,865
|
$ 160,653,969
|
$ 49,556,658
|
$ 210,262,492
|
|||||
Expense related to vesting stock-based compensation
|
8
|
-
|
-
|
1,254,025
|
-
|
1,254,025
|
||||
Stock refunds from employees
|
8
|
(25,000)
|
(25)
|
25
|
-
|
-
|
||||
Debt conversion
|
8
|
3,947,539
|
3,948
|
2,210,621
|
-
|
2,214,569
|
||||
Net income for the year
|
-
|
-
|
-
|
4,881,773
|
4,881,773
|
|||||
At March 31, 2011
|
55,787,554
|
$ 55,788
|
$ 164,118,640
|
$ 54,438,431
|
$ 218,612,859
|
|||||
Shareholder distribution | 8 | - | - |
(58,019,055)
|
- |
(58,019,055)
|
||||
Net loss for the year | - | - | - |
(139,216,221)
|
(139,216,221)
|
|||||
At March 31, 2012 |
55,787,554
|
$ 55,788
|
$ 106,099,585
|
$ (84,777,790)
|
$ 21,377,583
|
Year ended March 31,
|
||||||
Notes
|
2012
|
2011
|
||||
CASH FLOWS FROM OPERATING ACTIVITIES:
|
||||||
Net (loss)/income
|
$
|
(139,216,221)
|
$
|
4,881,773
|
||
Adjustments to reconcile net income to net cash provided
by operating activities:
|
||||||
Income from discontinued operations
|
6
|
(11,899,714)
|
(20,015,870)
|
|||
Depreciation and amortization
|
101,515
|
89,575
|
||||
Interest expense
|
7
|
3,551,022
|
5,977,640
|
|||
Loss on sale of Emir Oil
|
6
|
127,147,771
|
-
|
|||
Loss on disposal of fixed assets
|
-
|
26,297
|
||||
Income tax benefit
|
12
|
-
|
(1,366,631)
|
|||
Stock based compensation expense
|
-
|
1,254,025
|
||||
Changes in operating assets and liabilities
|
||||||
Increase in prepaid expenses and other assets
|
(1,542,873)
|
(37,986)
|
||||
(Decrease)/increase in accounts payable
|
(748,777)
|
534,901
|
||||
Decrease in taxes payables and accrued liabilities
|
4,817,730
|
117,734
|
||||
Net cash used in operating activities – continuing operations
|
(17,789,547)
|
(8,538,542)
|
||||
Net cash provided by operating activities – discontinued operations
|
6
|
33,067,626
|
44,317,891
|
|||
Net cash provided by operating activities
|
15,278,079
|
35,779,349
|
||||
CASH FLOWS FROM INVESTING ACTIVITIES:
|
||||||
Investment in short term notes receivable
|
4
|
(66,150)
|
(154,725)
|
|||
Proceeds from sale of Emir Oil
|
6 |
159,601,000
|
-
|
|||
Purchase of other fixed assets
|
(153,307)
|
(47,317)
|
||||
Net cash provided by/(used by) investing activities – continuing operations
|
159,381,543
|
(202,042)
|
||||
Net cash used in investing activities – discontinued operations
|
6
|
(23,126,407)
|
(34,876,907)
|
|||
Net cash provided by/(used in) investing activities
|
136,255,136
|
(35,078,949)
|
||||
CASH FLOWS FROM FINANCING ACTIVITIES:
|
||||||
Payment related to redemption of convertible notes
|
7
|
(61,400,000)
|
-
|
|||
Cash paid for convertible notes coupon
|
7
|
(4,546,796)
|
(4,200,000)
|
|||
Shareholder distribution
|
(43,002,498)
|
-
|
||||
Repayment of convertible notes issued
|
-
|
(1,000,000)
|
||||
Intercompany advances
(1)
|
6,303,531
|
11,374,237
|
||||
Net cash provided by/(used in) financing activities – continuing operations
|
(102,645,763)
|
6,174,237
|
||||
Net cash used in financing activities – discontinued operations
(2)
|
6
|
(6,623,936)
|
(11,543,482)
|
|||
Net cash used in financing activities
|
(109,269,699)
|
(5,369,245)
|
||||
NET CHANGE IN CASH AND CASH EQUIVALENTS
|
42,263,516
|
(4,668,845)
|
||||
NET CHANGE IN CASH AND CASH EQUIVALENTS from discontinued operations
|
3,317,283
|
(2,102,498)
|
||||
NET CHANGE IN CASH AND CASH EQUIVALENTS from continuing operations
|
38,946,233
|
(2,566,347)
|
||||
CASH AND CASH EQUIVALENTS at beginning of period
|
426,045
|
2,992,392
|
||||
CASH AND CASH EQUIVALENTS at end of period
|
$
|
39,372,278
|
$
|
426,045
|
(1)
|
Intercompany advances represent payments and receipts between BMB Munai and Emir Oil and are shown to break out the activity between continuing and discontinuing operations. Intercompany advances are eliminated and do not appear on the consolidated balance sheets.
|
(2)
|
Includes intercompany advances.
|
March 31, 2012
|
March 31, 2011
|
||
Reconciliation of cash and cash equivalents at end of period to Consolidated Balance Sheet
|
|||
Cash and cash equivalents
|
$ 3,370,177
|
$ 426,045
|
|
Restricted cash
|
36,002,101
|
-
|
|
Cash and cash equivalents at end of period
|
$ 39,372,278
|
$ 426,045
|
Year ended
March 31, 2012 |
Year ended
March 31, 2011 |
|||
Non-Cash Investing and Financing Activities
|
||||
Transfer of inventory and prepayments for materials used in oil and gas projects to oil and gas properties
|
6
|
$ 1,198,675
|
$ 2,946,704
|
|
Issuance of common stock for services, capitalized to oil and gas properties
|
8
|
-
|
2,214,569
|
|
Depreciation on other fixed assets capitalized as oil and gas properties
|
6
|
479,227
|
561,871
|
|
Shareholder distribution accrued and not yet paid
|
6
|
15,016,556
|
-
|
|
Supplemental Cash Flow Information
|
||||
Cash paid for interest
|
7
|
$ 4,200,000
|
$ 4,200,000
|
Vehicles
|
3-5 years
|
Office equipment
|
3-5 years
|
Software
|
3-4 years
|
Furniture and fixtures
|
2-7 years
|
March 31, 2012
|
March 31, 2011
|
||
US Dollars
|
$ 39,363,094
|
$ 274,870
|
|
Foreign currency
|
9,184
|
151,175
|
|
Total Cash and Cash Equivalents
|
39,372,278
|
426,045
|
|
Less restricted cash
|
36,002,101
|
-
|
|
Cash and cash equivalents – unrestricted
|
$ 3,370,177
|
$ 426,045
|
March 31, 2012
|
March 31, 2011
|
||
Advances for services
|
$ 1,616,915
|
$ 31,375
|
|
Other
|
-
|
42,666
|
|
$ 1,616,915
|
$ 74,041
|
September 19, 2011
|
|
ASSETS
|
|
Cash and cash equivalents
|
$ 4,662,787
|
Trade accounts receivable
|
7,022,002
|
Prepaid expenses and other assets, net
|
3,118,748
|
Oil and gas properties, full cost method, net
|
271,970,791
|
Gas utilization facility, net
|
22,867,011
|
Inventories for oil and gas projects
|
12,730,177
|
Prepayments for materials used in oil and gas projects
|
1,183,499
|
Other fixed assets, net
|
3,525,297
|
Long term VAT recoverable
|
4,891,194
|
Restricted cash
|
872,270
|
TOTAL ASSETS
|
$ 332,843,776
|
LIABILITIES
|
|
Accounts payable
|
$ (29,330,297)
|
Taxes payable
|
(6,260,625)
|
Accrued liabilities and other payables
|
(245,554)
|
Liquidation fund
|
(5,474,984)
|
Deferred tax liabilities
|
(757,462)
|
Capital lease liability
|
(48,698)
|
TOTAL LIABILITIES
|
(42,117,620)
|
Net assets sold
|
290,726,156
|
Tax effect of sale
|
3,977,385
|
Net sale value
|
159,601,000
|
Loss on sale of Emir Oil
|
$ (127,147,771)
|
March 31, 2012
|
March 31, 2011
|
||
ASSETS | |||
CURRENT ASSETS
|
|||
Cash and cash equivalents
|
$ -
|
$ 1,345,504
|
|
Trade accounts receivable
|
-
|
13,857,331
|
|
Prepaid expenses and other assets, net
|
-
|
3,067,764
|
|
Total current assets
|
-
|
18,270,599
|
|
LONG TERM ASSETS
|
|||
Oil and gas properties, full cost method, net
|
-
|
262,951,788
|
|
Gas utilization facility, net
|
-
|
12,325,847
|
|
Inventories for oil and gas projects
|
-
|
13,964,385
|
|
Prepayments for materials used in oil and gas projects
|
-
|
2,141,928
|
|
Other fixed assets, net
|
-
|
3,798,801
|
|
Long term VAT recoverable
|
-
|
4,640,396
|
|
Restricted cash
|
-
|
885,261
|
|
Total long term assets
|
-
|
300,708,406
|
|
TOTAL ASSETS
|
$ -
|
$ 318,979,005
|
|
LIABILITIES | |||
CURRENT LIABILITIES
|
|||
Accounts payable
|
$ -
|
$ 20,608,547
|
|
Taxes payable
|
-
|
6,634,184
|
|
Accrued liabilities and other payables
|
-
|
344,356
|
|
Total current liabilities
|
-
|
27,587,087
|
|
LONG TERM LIABILITIES
|
|||
Liquidation fund
|
-
|
5,207,842
|
|
Deferred tax liabilities
|
-
|
757,462
|
|
Capital lease liability
|
-
|
172,438
|
|
Total long term liabilities
|
-
|
6,137,742
|
|
TOTAL LIABILITIES
|
$ -
|
$ 33,724,829
|
Year ended
|
|||
March 31, 2012
|
March 31, 2011
|
||
Revenue
|
$ 41,633,064
|
$ 64,417,933
|
|
Operating expenses
|
(29,914,188)
|
(43,619,517)
|
|
Other income
|
180,838
|
354,550
|
|
Income tax expense
|
-
|
(1,137,096)
|
|
Income from discontinued operations
|
$ 11,899,714
|
$ 20,015,870
|
a)
|
the present value of estimated future net revenues computed by applying current prices of oil and gas reserves to estimated future production of proved oil and gas reserves, less estimated future expenditures (based on current costs) to be incurred in developing and producing the proved reserves computed using a discount factor of ten percent and assuming continuation of existing economic conditions;
|
b)
|
plus the cost of properties not being amortized;
|
c)
|
plus the lower of cost or estimated fair value of unproven properties included in the costs being amortized;
|
d)
|
less income tax effects related to differences between the book and tax basis of the properties.
|
Buildings and improvements
|
7-10 years
|
Machinery and equipment
|
6-10 years
|
Vehicles
|
3-5 years
|
Office equipment
|
3-5 years
|
Software
|
3-4 years
|
Furniture and fixtures
|
2-7 years
|
March 31, 2012
|
March 31, 2011
|
||
Convertible notes redemption value
|
$ -
|
$ 65,824,673
|
|
Unamortized discount
|
-
|
(4,120,945)
|
|
$ -
|
$ 61,703,728
|
Year ended
|
|||
March 31, 2012
|
March 31, 2011
|
||
Net loss from continuing operations
|
$ (23,968,164)
|
$ (15,134,097)
|
|
Net income (loss) from discontinued operations
|
(115,248,057)
|
20,015,870
|
|
Basic weighted-average common shares outstanding
|
55,787,554
|
53,284,666
|
|
Basic loss per common share from continuing operations
|
$ (0.43)
|
$ (0.28)
|
|
Basic income (loss) per common share from discontinued operations
|
$ (2.07)
|
$ 0.38
|
|
Total basic income/(loss) per common share
|
$ (2.50)
|
$ 0.09
|
March 31, 2012
|
March 31, 2011
|
||
Shares issuable under common stock warrants associated | |||
with the convertible notes payable
|
-
|
30,700,000
|
Year ended
March 31, 2012
|
Year ended
March 31, 2011
|
||
Current tax expense
|
$ -
|
$ -
|
|
Deferred tax benefit
|
-
|
(1,366,631)
|
|
$ -
|
$ (1,366,631)
|
Year ended
March 31, 2012
|
Year ended
March 31, 2011 |
||
Tax at federal statutory rate (34%)
|
$ (4,171,791)
|
$ (1,850,382)
|
|
Effect of lower foreign tax rates
|
-
|
57,382
|
|
Non-deductible expenses
|
-
|
426,369
|
|
Valuation allowance
|
4,171,791
|
-
|
|
$ -
|
$ (1,366,631)
|
March 31, 2012
|
March 31, 2011
|
||
Deferred tax assets:
|
|||
Tax losses carried forward
|
$ 4,171,791
|
$ 6,082,205
|
|
Valuation allowance | (4,171,791) | - | |
-
|
6,082,205
|
||
Deferred tax liabilities:
|
|||
Accrued interest income
|
-
|
10,059,590
|
|
-
|
10,059,590
|
||
Net deferred tax liability
|
$ -
|
$ 3,977,385
|
Exhibit No.
|
Exhibit Description
|
|
21.1
|
Subsidiaries
|
|
31.1
|
Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a)
|
|
31.2
|
Certification of the Chief Financial Officer Pursuant to Rule 13a-14(a)
|
|
32.1
|
Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350
|
|
32.2
|
Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350
|
No information found
* THE VALUE IS THE MARKET VALUE AS OF THE LAST DAY OF THE QUARTER FOR WHICH THE 13F WAS FILED.
FUND | NUMBER OF SHARES | VALUE ($) | PUT OR CALL |
---|
DIRECTORS | AGE | BIO | OTHER DIRECTOR MEMBERSHIPS |
---|---|---|---|
Annie Young-Scrivner served as the Chief Executive Officer of Wella Company, the parent of beauty brands, including Clairol and OPI, until January 2025. Ms. Young-Scrivner was also previously the Chief Executive Officer of Godiva Chocolatier, Inc., a manufacturer of Belgian chocolates. Prior to joining Godiva in August, 2017, Ms. Young-Scrivner was Executive Vice President, Global Digital & Loyalty Development with Starbucks Corporation from 2015 until her departure in April 2017. At Starbucks, Ms. Young-Scrivner also served as President, Teavana & Executive Vice President of Global Tea from 2014 to 2015, Global Chief Marketing Officer & President of Tazo Tea from 2009 to 2012, and President of Starbucks Canada from 2012 to 2014. Prior to joining Starbucks, Ms. Young-Scrivner held senior leadership positions at PepsiCo, Inc. in sales, marketing and general management, including her role as Region President of PepsiCo Foods Greater China from 2006 to 2008. She has previously served as a director of Tiffany & Co. and Macy’s, Inc. | |||
Susan Doniz is the current Chief Information and Data Officer of The Walt Disney Company. Previously she was the Chief Information Officer and Senior Vice President of Information Technology & Data Analytics of The Boeing Company, a leading global aerospace company. Before joining Boeing in 2020, Ms. Doniz was the Group CIO of Qantas Airways and, prior to that, she served in digital transformation and IT leadership roles at SAP SE and Aimia, Inc. She also spent 17 years at The Procter & Gamble Company leading IT and analytics programs in support of sales, research and development and the supply chain. Ms. Doniz is a current adviser to the Center of Digital Transformation at the University of California, Irvine, Paul Merage School of Business. She also served as Vice Chair of the Digital Transformation Advisory Council of the International Air Transport Association, and is also a board member of multiple nonprofit organizations. | |||
Paget L. Alves is the current Chairman and Chief Executive Officer of Sorenson Communication, LLC, a global language services provider and a leader in communication solutions for Deaf and hard-of-hearing communities. Previously he served as Chief Sales Officer of Sprint Corporation, a wireless and wireline communications services provider, from January 2012 to September 2013 after serving as President of that company’s Business Markets Group beginning in 2009. Mr. Alves currently also serves on the Board of Synchrony Financial. He previously served as a Director of Assurant, Inc. and International Game Technology PLC. | |||
Background Thomas C. Nelson is President and Chief Executive Officer of National Gypsum Company, a building products manufacturer. He has held this position since 1999 and was elected Chairman of the Board in January 2005. From 1995 to 1999, Mr. Nelson served as the Vice Chairman and Chief Financial Officer of National Gypsum. Mr. Nelson previously worked for Morgan Stanley & Co. and in the United States Defense Department as Assistant to the Secretary and was a White House Fellow. Mr. Nelson previously served as a director of Atrium Health and the Federal Reserve Bank of Richmond. Specific Qualifications, Experience, Skills and Expertise: ▪ Operational and management experience, including as President and Chief Executive Officer of a building products manufacturer ▪ Senior government experience as Assistant to the Secretary of the United States Defense Department and as a White House Fellow ▪ Expertise in finance, strategic planning, business development and retail business ▪ Public company directorship and committee experience | |||
Tanya L. Domier retired as Chief Executive Officer and Chairperson of Advantage Solutions, Inc., a North American provider of outsourced sales, marketing and business solutions in April 2022. In April 2023 she founded an advisory services company focused on private equity portfolio companies. Prior to serving as Advantage Solutions’ CEO, Ms. Domier served as its President and Chief Operating Officer from 2010 to 2013. Ms. Domier joined Advantage Solutions in 1990 from the J.M. Smucker Company and has held a number of executive level roles in sales, marketing and promotions. Ms. Domier currently serves on the board of Little Leaf Farms and is a member of the compensation committee. Ms. Domier also previously served as a Director of Nordstrom, Inc. | |||
Background Christopher M. Connor served as Chairman and Chief Executive Officer of The Sherwin-Williams Company, a global manufacturer of paint, architectural coatings, industrial finishes and associated supplies, until 2016. Mr. Connor held a number of executive positions at Sherwin-Williams beginning in 1983. He served as Chief Executive Officer from 1999 to 2015 and Chairman from 2000 to 2016. Mr. Connor currently serves on the board of International Paper Company. Mr. Connor previously served as a Director of Eaton Corporation, plc. Specific Qualifications, Experience, Skills and Expertise: ▪ Operating and management experience, including as Chairman and CEO of a Fortune 500 company ▪ Expertise in marketing, human resources, talent development, public company executive compensation, planning and operational and financial processes ▪ Public company directorship and committee experience | |||
M. Brett Biggs is the former Executive Vice President and Chief Financial Officer for Walmart. Prior to that, Mr. Biggs served as Chief Financial Officer for Walmart International, Walmart U.S. and Sam’s Club. He was also previously the Senior Vice President of International Strategy, Mergers and Acquisitions; Senior Vice President of Corporate Finance and Senior Vice President of Operations for Sam’s Club. Before joining Walmart in 2000, Mr. Biggs held various mergers and acquisitions and corporate finance positions with Leggett & Platt, Phillips Petroleum Co. and Price Waterhouse. Mr. Biggs currently serves on the Board of Directors of Adobe, inc. and The Procter & Gamble Company. Mr. Biggs also serves as a Senior Advisor to Blackstone Inc. | |||
Keith Barr was the Chief Executive Officer of InterContinental Hotels Group plc (IHG), a predominately franchised, global organization that includes brands such as InterContinental Hotels & Resorts, Holiday Inn Family and Crowne Plaza Hotels & Resorts from July 2017 until July 2023. He also served as Chief Commercial Officer of IHG from 2013 to July 2017 and prior to that, as Chief Executive Officer of IHG’s Greater China business. Prior to this position, Mr. Barr served IHG in a number of senior positions in IHG’s Americas and Asia, Middle East and Africa (AMEA) regions. Mr. Barr currently serves on the Board of MGM Resorts International. |
Name and
|
|
Year |
|
Salary
|
|
Bonus
|
|
Stock
|
|
Option/
|
|
Non-Equity
|
|
Change in
|
|
All Other
|
|
Total
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
David W. Gibbs |
|
2024 |
|
|
1,300,000 |
|
|
— |
|
|
9,492,144 |
|
|
3,000,023 |
|
|
1,773,200 |
|
|
8,869,045 |
|
|
272,050 |
|
|
24,706,462 |
|
Chief Executive |
|
2023 |
|
|
1,300,000 |
|
|
— |
|
|
9,096,602 |
|
|
2,875,016 |
|
|
4,712,500 |
|
|
2,999,005 |
|
|
255,832 |
|
|
21,238,955 |
|
Officer of Yum |
|
2022 |
|
|
1,284,615 |
|
|
— |
|
|
8,938,377 |
|
|
2,825,012 |
|
|
3,030,300 |
|
|
367,990 |
|
|
225,360 |
|
|
16,671,654 |
|
Chris Turner |
|
2024 |
|
|
921,154 |
|
|
— |
|
|
2,373,212 |
|
|
750,027 |
|
|
963,480 |
|
|
— |
|
|
144,575 |
|
|
5,152,448 |
|
Chief Financial |
|
2023 |
|
|
896,154 |
|
|
— |
|
|
2,175,374 |
|
|
687,522 |
|
|
1,875,938 |
|
|
— |
|
|
109,370 |
|
|
5,744,358 |
|
Officer of YUM |
|
2022 |
|
|
871,154 |
|
|
— |
|
|
1,977,749 |
|
|
625,001 |
|
|
1,222,594 |
|
|
— |
|
|
139,443 |
|
|
4,835,941 |
|
Sabir Sami |
|
2024 |
|
|
773,463 |
|
|
— |
|
|
1,977,559 |
|
|
625,022 |
|
|
469,117 |
|
|
— |
|
|
4,036,103 |
|
|
7,881,264 |
|
Former Chief
|
|
2023 |
|
|
757,507 |
|
|
|
|
1,779,851 |
|
|
562,504 |
|
|
1,885,059 |
|
|
— |
|
|
380,586 |
|
|
5,365,507 |
|
|
Tracy L. Skeans |
|
2024 |
|
|
921,154 |
|
|
— |
|
|
2,254,457 |
|
|
712,503 |
|
|
757,020 |
|
|
1,186,089 |
|
|
13,900 |
|
|
5,845,123 |
|
Chief Operating |
|
2023 |
|
|
896,154 |
|
|
— |
|
|
2,175,374 |
|
|
687,522 |
|
|
1,957,500 |
|
|
375,582 |
|
|
12,176 |
|
|
6,104,308 |
|
Officer and Chief
|
|
2022 |
|
|
871,154 |
|
|
— |
|
|
2,175,499 |
|
|
687,525 |
|
|
1,275,750 |
|
— |
|
|
18,998 |
|
|
5,028,926 |
|
|
Sean Tresvant |
|
2024 |
|
|
764,423 |
|
|
— |
|
|
1,582,185 |
|
|
500,018 |
|
|
811,800 |
|
|
— |
|
|
126,330 |
|
|
3,784,756 |
|
Chief Executive
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— |
|
|
|
|
|
|||||||
Scott Catlett |
|
2024 |
|
|
771,154 |
|
|
— |
|
|
1,858,952 |
|
|
587,527 |
|
|
554,978 |
|
|
— |
|
|
184,521 |
|
|
3,957,132 |
|
Former Chief
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customers
Customer name | Ticker |
---|---|
Adams Resources & Energy, Inc. | AE |
Devon Energy Corporation | DVN |
No Suppliers Found
Price
Yield
Owner | Position | Direct Shares | Indirect Shares |
---|---|---|---|
Gibbs David W | - | 157,893 | 26,394 |
Gibbs David W | - | 57,325 | 26,394 |
Catlett Scott | - | 29,159 | 0 |
NELSON THOMAS C | - | 19,926 | 0 |
Russell David Eric | - | 16,052 | 851 |
Catlett Scott | - | 15,495 | 0 |
Russell David Eric | - | 11,960 | 851 |
Powell Aaron | - | 10,721 | 0 |
King Mark James | - | 8,210 | 0 |
Sami Sabir | - | 5,067 | 0 |
Skeans Tracy L | - | 3,183 | 7,251 |
Skeans Tracy L | - | 3,183 | 7,251 |
Skala Justin | - | 2,150 | 0 |
GRADDICK WEIR MIRIAN M | - | 1,233 | 0 |
Burkhardt Erika | - | 64 | 0 |