Ring Energy, Inc. - Form 8-K Summary
Business Context and Reporting Period
Ring Energy, Inc. filed this Current Report on Form 8-K on January 4, 2010, regarding a corporate governance change effective December 28, 2009. The Company is incorporated in Nevada and maintains its principal executive offices in Redlands, California.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document solely reports a change in fiscal year end.
Material Changes
- Fiscal Year Change: The Board of Directors unanimously approved changing the Company's fiscal year end from September 30 to December 31.
- Audit Engagement: On December 30, 2009, the Company engaged Haynie & Company to audit its financial statements as of December 31, 2009, and for the three-month period then ended.
- Transition Reporting: The Company will file a transition report covering the period from October 1, 2009, to December 31, 2009, by March 31, 2010.
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, risk factors, contingencies, or discussion of unusual items. The report is strictly procedural regarding the fiscal year adjustment.
Key Facts for Investor Verification
- Verify the upcoming transition report (due March 31, 2010) for the first financial data under the new fiscal calendar.
- Confirm the impact of the fiscal year change on future reporting schedules and comparability with prior periods.
- Note that no financial performance data is available in this specific filing.