CAAG Cal Alta Auto Glass, Inc. featured news, full reports, and detailed charts
Cal Alta Auto Glass, Inc. (CAAG/CAAG.OB) Wrap Up:
Cal Alta Auto Glass, Inc., through its subsidiary, Cal Alta Auto Glass, Ltd., engages in the sale and installation of auto glass products through its outlets in the United States. It markets, installs, replaces, and repairs windshields for various types of automobiles. The company also deals with other types of auto glass, as well as flat glass for non-auto related applications, such as furniture, mirrors, and greenhouses. As of December 31, 2007, the company operated two outlets. Cal Alta Auto Glass, Inc. was formerly known as International Sports Marketing Group, Inc. The company is based in Calgary, Canada.www.cal-altaautoglass.ca
1 Employees
Cal Alta Auto Glass, Inc. (CAAG:OTC Bulletin Board Market)
LAST $0.02 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 3, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Cal Alta Auto Glass, Inc. (CAAG)
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OPEN
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PREVIOUS CLOSE
$0.02
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
01/22/09 - $0.30
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52 WEEK LOW
11/3/09 - $0.02
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MARKET CAP
639.4K
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
32.0M
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CAAG Does Not Pay Dividends
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P/E TTM
NM
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CAAG Top Compensated Officers
No compensation data is available at this time for the top officers at this company.
Executives, Board Directors
Key developments for Cal Alta Auto Glass, Inc. (CAAG)
Cal Alta Auto Glass, Inc. announced delayed 10-Q filing
11/16/2009
On 11/16/2009, Cal Alta Auto Glass, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Cal Alta Auto Glass Inc. Announces Resignation of Frank Aiello as Director
09/21/2009
Effective September 15, 2009, Frank Aiello resigned as a Director of Cal Alta Auto Glass Inc. Mr. Aiello, cited personal circumstances as the reason for his departure. The vacancy created by Mr. Aiello's resignation will remain open until the next annual meeting.
Cal Alta Auto Glass, Inc. announced delayed 10-Q filing
08/13/2009
On 08/13/2009, Cal Alta Auto Glass, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
CAAG Competitors
| Company | Last | Change | |
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Industry Analysis
| Valuation | CAAG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 4.7x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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CAAG |
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CAAG transactions
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| No transactions in the last 6 months. | ||
More Recent News About Cal Alta Auto Glass, Inc.
More news for CAAG
CAL ALTA AUTO GLASS INC Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for CAL ALTA AUTO GLASS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for CAL ALTA AUTO GLASS INC 21-Sep-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational p...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 10-Q, Quarterly Report
ITEM 2. Managements Discussion and Analysis of Financial Condition and Results of Operations Critical Accounting Policies Our management's discussion and analysis of our financial condition and results of operations are based on our combined financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported net sales and expenses during the reporting periods. On an ongoing basis, we evaluate our estimates and assumptions. We base our estimates on historical experience and on various other factors that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. While our significant accounting policies are more fully described in our financial statements, we believe that the following accounting policies are the most critical to aid you in fully understanding and evaluating this management discussion and analysis: Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In accordance with FASB 16 all adjustments are normal and recurring. Cash and Cash Equivalents For the purposes...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 10-Q, Quarterly Report
ITEM 2. Managements Discussion and Analysis of Financial Condition and Results of Operations Critical Accounting Policies Our management's discussion and analysis of our financial condition and results of operations are based on our combined financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported net sales and expenses during the reporting periods. On an ongoing basis, we evaluate our estimates and assumptions. We base our estimates on historical experience and on various other factors that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. While our significant accounting policies are more fully described in our financial statements, we believe that the following accounting policies are the most critical to aid you in fully understanding and evaluating this management discussion and analysis: Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In accordance with FASB 16 all adjustments are normal and recurring. Cash and Cash Equivalents For the purposes of the state...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION Management's Discussion and Analysis or Plan of Operation. FORWARD LOOKING STATEMENTS The following discussion and analysis of our results of operations and financial condition for the years ended December 31, 2008 and 2007 should be read in conjunction with our financial statements and the notes to those financial statements that are included elsewhere in this Annual Report on Form 10-K. Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "may," "will," "should," "could," and similar expressions to identify forward- looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, we do not undertake any obligation to update or keep current either (i) any forward-looking statement to reflect events or circumstances arising after the date of such statement, or (ii) the important factors that could cause our future results to differ materially from historical results or trends, results anticipated or planned by us, or which are reflected from time to time in any forward- looking statement. Overview On December 30, 2008, the Company acquired all the shares of Energy One Resource Services, Inc., an Alberta, corporation ("Energy One"), by which it newly issued 14,839,000 shares of common stock to the Energy One shareholders in exc...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Regulati
ITEM 7.01 REGULATION FD DISCLOSURE As stated above, we amended our Articles of Incorporation to amend Article V of our Articles of Incorporation to increase our authorized Common Stock to 250,000,000 shares (par value $0.001) and to authorize 10,000,000 shares of Preferred Stock. The Amendment provides that the Preferred Stock may be issued in one or more series with such with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, and qualifications and rights thereof as our Board of Directors may determine. As a result of this Amendment, our Board of Directors may, without obtaining the approval of our Common Stockholders, designate one or more series of Preferred Stock with such rights and privileges as the Board of Directors may determine. The Amendment follows similar prior action of our Board of Directors approving the same amendment to our Articles of Incorporation. We filed the Amendment to the Articles of Incorporation with the Nevada Secretary of State. We are a small company with limited opportunities, limited managerial and financial resources, and a limited trading market for our Common Stock. ITEM 7.01 REGULATION FD DISCLOSURE As stated above, we have entered into the Acquisition Agreement effective December 30, 2008 and the Divestiture Agreement effective December 31, 2008. Our management believes that these transactions will better serve the long-term interests of our Company but there can be no assurance that either of these transactions will prove to be successful or that our Company and our stockholders will gain any immediate or long-term benefit. We are a small company with limited opportunities, limited managerial and financial resources, and a limited trading market for our Common Stock. (A) Factors That May Affect Future Results In General. The purchase of shares of the Company's common stock is very speculative and involves a very high degree of risk. As a...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of Inc.
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers A. Background As previously stated in the Form 8-K that we filed on January 16, 2009, on January 12, 2009, we entered to a Securities Purchase Agreement (the "Acquisition Agreement") for the purchase of all of the outstanding capital stock of Energy One Resource Services, Inc., an Alberta corporation ("Energy One") and by the terms of the Acquisition Agreement, we are acquiring all of the 14,839,000 shares of the Class A Common Stock of Energy One effective December 30, 2008 (the "Closing Date") and assume all of the outstanding liabilities of Energy One as of that date with the result that Energy One becomes our subsidiary (the "Acquisition"). In addition, on January 12, 2009, we entered into the Asset Purchase Agreement (the "Divestiture Agreement") with our President, Frank Aiello, wherein we agreed to sell and transfer all of our existing automobile glass repair business and assets to Mr. Aiello in consideration of Mr. Aiello assuming all of our existing liabilities (existing as of December 31, 2008) and tendering to the Company, as payment therefore, an aggregate of one million six hundred sixty-six thousand six hundred-sixty-six (1,666,667) shares of our Common Stock previously owned and held by Mr. Aiello. The Divestiture Agreement was effective December 31, 2008 (the "Divestiture Closing Date"). With the closing of the Acquisition Agreement on December 30, 2008 and the closing of the Divestiture Agreement the following day on December 31, 2008, our assets, business, and strategy has changed such that we are no longer in the business of providing automobile glass repair services and we are now focused on the business being conducted by Energy One. B. Resignation of Denise Aiello as Secretary and Director Following these transacti...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Completion of Acquisition o
ITEM 7.01 REGULATION FD DISCLOSURE As stated above, we have entered into the Acquisition Agreement effective December 30, 2008 and the Divestiture Agreement e3ffective December 31, 2008. Our management believes that these transactions will better serve the long-term interests of our Company but there can be no assurance that either of these transactions will prove to be successful or that our Company and our stockholders will gain any immediate or long-term benefit. We are a small company with limited opportunities, limited managerial and financial resources, and a limited trading market for our Common Stock. (A) Factors That May Affect Future Results In General. The purchase of shares of the Company's common stock is very speculative and involves a very high degree of risk. As a small company, our business organization and structure all involve elements of risk. In many instances, these risks arise from factors over which we will have little or no control. Some adverse events may be more likely than others and the consequence of some adverse events may be greater than others. No attempt has been made to rank risks in the order of their likelihood or potential harm. 1) The market price of our common stock may fluctuate significantly. The market price of our common shares may fluctuate significantly in response to factors, many of which are beyond our control, such as: - the announcement of new technologies by us or our competitors; - quarterly variations in our and our competitors' results of operations; - changes in earnings estimates or recommendations by securities analysts; - developments in our industry; - general market conditions and other factors, including factors unrelated to our own operating performance; - changing regulatory exposure, laws, rules and regulations which may change; and - tax incentives and other changes in the tax code. Further, the stock ...Click here to read the whole Article (external link)
CAL ALTA AUTO GLASS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or
ITEM 7.01 REGULATION FD DISCLOSURE As stated above, we have entered into the Acquisition Agreement effective December 30, 2008 and the Divestiture Agreement e3ffective December 31, 2008. Our management believes that these transactions will better serve the long-term interests of our Company but there can be no assurance that either of these transactions will prove to be successful or that our Company and our stockholders will gain any immediate or long-term benefit. We are a small company with limited opportunities, limited managerial and financial resources, and a limited trading market for our Common Stock. (A) Factors That May Affect Future Results In General. The purchase of shares of the Company's common stock is very speculative and involves a very high degree of risk. As a small company, our business organization and structure all involve elements of risk. In many instances, these risks arise from factors over which we will have little or no control. Some adverse events may be more likely than others and the consequence of some adverse events may be greater than others. No attempt has been made to rank risks in the order of their likelihood or potential harm. 1) The market price of our common stock may fluctuate significantly. The market price of our common shares may fluctuate significantly in response to factors, many of which are beyond our control, such as: - the announcement of new technologies by us or our competitors; - quarterly variations in our and our competitors' results of operations; - changes in earnings estimates or recommendations by securities analysts; - developments in our industry; - general market conditions and other factors, including factors unrelated to our own operating performance; - changing regulatory exposure, laws, rules and regulations which may change; and - tax incentives and other changes in the tax code. Further, the stock ...Click here to read the whole Article (external link)
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