Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Subsequent Events

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Note 10 - Subsequent Events
3 Months Ended
Mar. 31, 2014
Notes  
Note 10 - Subsequent Events

NOTE 10 – SUBSEQUENT EVENTS

 

On April 4, 2013 Robert Anderson resigned from our Board of Directors as reported in the Form 8K filed on April 14, 2014.

 

On April 14, 2013 Mike King resigned as our president. At the same time, Damon L. Wagley was named President in his place. Mr. Wagley was also appointed to Board of Directors and will serve as President of one of our subsidiaries, Texas Gulf Exploration and Production, Inc., all as reported in the Form 8K filed on April 14, 2014.

 

On April 28, 2014 the Company amended and restated its Certificate of Designations of its Preferred Stock Series A, effective March 31, 2014 in regards to rights and conversion formula as described under Preferred Stock.