TRSI Trophy Resources, Inc. featured news, full reports, and detailed charts
Trophy Resources, Inc. (TRSI/TRSI.PK) Wrap Up:
Trophy Resources, Inc. operates as an independent natural resource company in North America. Its oil interests are in the Fort Worth Basin in central Texas and the Casper Arch/Wind River Basin in Wyoming. Trophy Resources has a joint venture partnership with Russell Industries, Inc. and American Uranium Mining Company for developing the companies’ commercial holdings in uranium, oil, and natural gas. The company was founded in 1997 and is based in Calgary, Canada.Trophy Resources, Inc. (TRSI:OTC)
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Market Cap
80.6K
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Total Revenue
3.1M
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EBITDA
3.2M
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DILUTED EPS TTM
-48.40
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P/E
--
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P/S
0.0x
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Return On Asset
-256.05
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Return On Equity
728.60
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| K = Thousands M = Millions B = Billions | ||
TRSI Top Compensated Officers
Executives, Board Directors
Key developments for Trophy Resources, Inc. (TRSI)
Trophy Resources Inc. announced that the company has undertaken some very major steps recently in its efforts to clean up its balance sheet and reduce its debts. The company will continue to take such similar steps in the near future, positioning the company to move forward in making strategic acquisitions or combinations that will be accretive to the company. There has been tremendous interest from shareholders and potential investors and the company will strive to update shareholders as events unfold. Commenting on the recent events, Joe Canouse, CEO of Trophy resources, said, "Extraordinary times have produced extraordinary solutions. These recent steps the company has followed give Trophy the freedom to move forward in its quest to explore acquisition opportunities with the ultimate goal of enhancing shareholder value."
Trophy Resources Inc. announced a final settlement with its three major creditors. With these agreements Trophy has settled over $800,000.00 in debts owed from the company's past ventures. By settling these debts the company is positioned to move forward in making strategic acquisitions or combinations that will be accretive to the company.
Trophy Resources Inc. announced the appointment of John Rose as CEO and Mark Davis as President replacing President and CEO Joseph Canouse, who will be subsequently stepping down.
TRSI Competitors
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Industry Analysis
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| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
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TRSI transactions
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More Recent News About Trophy Resources, Inc.
More news for TRSI
Trophy Resources Updates Investors
ALPHARETTA, GA--(MARKET WIRE)--Apr 2, 2009 -- Trophy Resources (Other OTC:TRSI.PK - News) is pleased to issue an update to our committed shareholders. As previously disclosed Trophy has undertaken some very major steps recently in its efforts to clean up its balance sheet and reduce its debts. The company will continue to take such similar steps in the near future, positioning the company to move forward in making strategic acquisitions or combinations that will be accretive to the company. There has been tremendous interest from shareholders and potential investors and the company will strive to update shareholders as events unfold. The company is in the process of updating its issuer information statement and announcing a new direction for the company. We expect to have the information up shortly. In addition we will be updating the website which is currently down.Commenting on the recent events, Joe Canouse, CEO of Trophy resources, said, "Extraordinary times have produced extraordinary solutions. These recent steps the company has followed give Trophy the freedom to move forward in its quest to explore acquisition opportunities with the ultimate goal of enhancing shareholder value."Trophy Resources, Inc. (www.trophyoil.com) is a development stage company. The Company's goal is to evaluate profitable options, bu...Click here to read the whole Article (external link)
Trophy Resources Settles Debt With Major Creditors
ALPHARETTA, GA--(MARKET WIRE)--Feb 24, 2009 -- Trophy Resources (Other OTC:TRSI.PK - News) is pleased to announce a final settlement with its three major creditors. With these agreements Trophy has settled over $800,000.00 in debts owed from the company's past ventures. By settling these debts the company is positioned to move forward in making strategic acquisitions or combinations that will be accretive to the company. Please note that Trophy is not completely debt free with approximately $60,000 in other small debts, but that these settlements greatly improve our ability to move forward. We would like to thank our creditors for their cooperation in this matter. We look to further update the investment community and our investors as we move forward.Lastly, we are committed to improving transparency for the investors by providing periodic updates as well as our intent in updating issuer information on the pink sheets and company web site as they occur.Trophy Resources, Inc. (www.trophyoil.com) is a development stage company. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of existing businesses, land and/or leases, and explore and develop opportunities on these leases.This release contains "forward-looking statements" within the meaning of Section...Click here to read the whole Article (external link)