CFED Confederate Motors, Inc. featured news, full reports, and detailed charts
Confederate Motors, Inc. (CFED/CFED.OB) Wrap Up:
As of February 12, 2009, Confederate Motors, Inc. was acquired by Confederate Motor Company, Inc. French Peak Resources, Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties with a focus on copper ores in Canada. It has a 100% interest in the FRENCH mineral claim located approximately 65 kilometers northeast of the Smithers, British Columbia. The company was founded in 2005 and is based in New York, New York.Founded in 2005
Confederate Motors, Inc. (CFED:OTC Bulletin Board Market)
LAST $4.75 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 27, 2008 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Confederate Motors, Inc. (CFED)
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OPEN
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PREVIOUS CLOSE
$4.75
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
07/14/08 - $4.75
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52 WEEK LOW
07/14/08 - $4.75
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MARKET CAP
57.4M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
$-0.17
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SHARES OUTSTANDING
12.1M
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CFED Does Not Pay Dividends
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P/E TTM
NM
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CFED Top Compensated Officers
No compensation data is available at this time for the top officers at this company.
Executives, Board Directors
Key developments for Confederate Motors, Inc. (CFED)
Confederate Motors Inc. Announces Earnings Results for the Nine Months Period Ended September 30, 2008 ; Amends its Bylaws; Changes its Auditors; Announces Executive Changes; Changes its Fiscal Year to December 31
02/12/2009
French Peak Resources Inc. announced earnings results for the nine months period ended September 30, 2008. For the period, the company has reported net income of $129,800 or $674 earnings per share on revenue from motorcycles & related products of $1,924,100 compared to net loss of $450,100 or $2,367 loss per share on revenue from motorcycles & related products of $1,301,700 for the same period last year. French Peak Resources Inc. announced that as a condition to closing the Merger Agreement with Confederate Motors Inc., on October 22, 2008, the board of directors and shareholders, of the company approved an amendment to its Articles of Incorporation changing its name to Confederate Motors Inc. On February 12, 2009, James Gately was dismissed as independent auditor for the Company and engaged Barfield, Murphy, Shank & Smith as its principal independent accountant. This decision to engage Barfield was ratified by the majority approval of the Board of Directors of the Company. Effective February 12, 2009, Ruth Shepley resigned as Chief Executive Officer, the Principal Accounting Officer, chairman and the sole member of board of directors and all other offices that she held. Effective February 12, 2009, the following persons were appointed as members of the Board of Directors:-H. Matthew Chambers as Chairman, Chief Executive Officer and Founder, Paolo Chiaia as Director and Joseph Mitchell as Executive Vice President and Chief Financial Officer. H. Matthew Chambers has been French Peak's Chief Executive Officer and one of its directors from inception in March 2003. Chambers earned a bachelor of arts in business administration from Louisiana State University in 1975, and went on to receive a juris doctorate degree from LSU in 1978. Paolo Chiaia is a member of the board of directors of Finanzattiva Sim, BPUPRAMERICA SGR, IWBank and Centrobanca. Joseph Mitchell has served as company's Chief Financial Officer from November 2006. He has over 17 years of experience in financial operations and management in the financial services, technology, healthcare and manufacturing sectors, including 3 years at HealthSouth. On February 12, 2009, the Board of Directors of the company authorized to change its fiscal year to December 31. This change in fiscal year is in connection with the Merger and will coordinate company's fiscal year with Confederate Motor Company Inc.'s fiscal year.
French Peak Resources Inc. will Change its Name to Confederate Motors, Inc.
01/16/2009
Effective January 20, 2009, French Peak Resources Inc. will change its name to Confederate Motors, Inc.
French Peak Resources Inc. will Change its Ticker to CFED from FPKR
01/16/2009
Effective January 20, 2009, French Peak Resources Inc. will change its OTCBB stock ticker symbol to CFED from FPKR.
CFED Competitors
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Industry Analysis
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CFED transactions
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More Recent News About Confederate Motors, Inc.
More news for CFED
CONFEDERATE MOTORS, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. 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. R...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward-Looking Statements This Report contains forward-looking statements. The forward-looking statements are contained principally in, but not limited to, the sections entitled "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and "Business." Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as "anticipate," "believe," "continue," "ongoing," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors described in the section entitled "Risk Factors" in this Report. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this Report. Unless required by law, we undertake no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this Report or to reflect the occurrence of unanticipated events. You should, however, review the factors...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity
Item 1.01 Entry into a Material Definitive Agreement. As of June 9, 2009 (the "Closing Date"), we raised an aggregate of $1,625,000 through the sale of 1,083,333 shares of Common Stock to certain accredited investors, including 850,000 shares of Common Stock issued on February 12, 2009 and an additional 233,333 shares of Common Stock issued on June 9, 2009. The Investors were all parties to a Securities Purchase Agreement for the sale of our common stock, $0.0001 par value per share (the "Securities Purchase Agreement), attached hereto as Exhibit 4.1. Pursuant to the Securities Purchase Agreement, we offered the shares for sale at a purchase price of $1.50 per share. In connection with the Securities Purchase Agreement, the parties entered into a Registration Rights Agreement attached hereto as Exhibit 4.2 (the "Registration Rights Agreement"), together with the Securities Purchase Agreement, collectively refer to as the "Financing Documents"). Under the Registration Rights Agreement, the Company is required to file a registration statement with the Securities and Exchange Commission within 45 days following the date of the Securities Purchase Agreement. If the registration statement is not filed by the specified date or if the registration statement is filed but not declared effective by the SEC within 120 days (150 days in the event that the Registration Statement is subject to a review by the Securities Exchange Commission) thereafter or if certain other specified events occur, the Company is required to pay as partial liquidated damages to the holders of the securities in cash, a sum equal to one percent (1%) of the aggregate investment amount for every 30 days, but in no event shall the liquidated damages exceed ten percent (10%) of the aggregate investment amount. Prior to the closing of the above financing transaction, on July 15, 2008, we issued unsecured convertible promissory notes (the "Bridge Notes") in the aggregate princ...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity
Item 1.01 Entry into a Material Definitive Agreement. As of June 9, 2009 (the "Closing Date"), we raised an aggregate of $1,625,000 through the sale of 1,083,333 shares of Common Stock to certain accredited investors, including 850,000 shares of Common Stock issued on February 12, 2009 and an additional 233,333 shares of Common Stock issued on June 9, 2009. The Investors were all parties to a Securities Purchase Agreement for the sale of our common stock, $0.0001 par value per share (the "Securities Purchase Agreement), attached hereto as Exhibit 4.1. Pursuant to the Securities Purchase Agreement, we offered the shares for sale at a purchase price of $1.50 per share. In connection with the Securities Purchase Agreement, the parties entered into a Registration Rights Agreement attached hereto as Exhibit 4.2 (the "Registration Rights Agreement"), together with the Securities Purchase Agreement, collectively refer to as the "Financing Documents"). Under the Registration Rights Agreement, the Company is required to file a registration statement with the Securities and Exchange Commission within 45 days following the date of the Securities Purchase Agreement. If the registration statement is not filed by the specified date or if the registration statement is filed but not declared effective by the SEC within 120 days (150 days in the event that the Registration Statement is subject to a review by the Securities Exchange Commission) thereafter or if certain other specified events occur, the Company is required to pay as partial liquidated damages to the holders of the securities in cash, a sum equal to one percent (1%) of the aggregate investment amount for every 30 days, but in no event shall the liquidated damages exceed ten percent (10%) of the aggregate investment amount. Prior to the closing of the above financing transaction, on July 15, 2008, we issued unsecured convertible promissory notes (the "Bridge Notes") in the aggregate princ...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, 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)
CONFEDERATE MOTORS, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. 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. R...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, 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)
CONFEDERATE MOTORS, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward-Looking Statements This Report contains forward-looking statements. The forward-looking statements are contained principally in, but not limited to, the sections entitled "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and "Business." Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Words or phrases such as "anticipate," "believe," "continue," "ongoing," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors described in the section entitled "Risk Factors" in this Report. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this Report. Unless required by law, we undertake no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this Report or to reflect the occurrence of unanticipated events. You should, however, review the factors...Click here to read the whole Article (external link)
CONFEDERATE MOTORS, 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)
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