Imperial Resources, Inc. (PN)
Ticker Symbol: USOTC:IPRC
OTC Market Tier: Pink No Information
CIK Number: 0001435394
Security Type: Common Stock
IPRC Address: PO Box 4675
Suite 900
Lago Vista, Texas 78645
IPRC Country: USA
IPRC Phone: 512-332-5740
IPRC Fax #: N/A
Website: http://www.imperialresourcesinc.com
Description: Imperial Resources, Inc., through its wholly owned subsidiary, Imperial Oil & Gas, Inc. (Imperial) has a highly focused strategy of building a substantial portfolio of oil and gas assets through its access to niche, low risk oil and gas opportunities in the onshore U.S. Imperial has extensive industry relationships and a strong management team, both in house and contracted-in, working to strict investment criteria in identifying low risk opportunities which combine rapid payout and long term revenue streams. This highly risk averse strategy aims to exploit high-growth projects which can deliver cash flows normally associated with higher risk projects but without exposure to high risk failure rates. Imperial intends to rapidly grow into a substantial business by focusing on participation in low risk development projects within true Resource Plays. In parallel, Imperial also expects to identify opportunities which lack the enormous potential of Resource Plays but which may provide solid base cash flow at a very minimum risk to strengthen the foundations of the business. To ensure operational management operates most efficiently, Imperial operational management and consultants are predominantly motivated by a success based structure, on a project by project basis, as opposed to receiving salaries and consultancy fees regardless of success for Imperial. This drastically reduces our key subsidiary's operating overhead and also directly aligns the interests of our operational team with the interests of our investors: Success for Imperial is the fundamental key to management reward.
SIC Code / Description: 1381 / Drilling oil and gas wells
Shares Authorized: 500,000,000
Shares Outstanding: 52,674,689
Shares Outstanding Date: 10/04/2019
Shares Holder Count: 32
Shares Holder Date: 07/16/2012
Market Capitalization: $ 121,151.78
Key Executives: Robert Durbin - Dir.
Thomas Barr - Advisory Director
Number of Employees: N/A
Incorporation State: NV
Incorporation Country: USA
Incorporation Year: N/A
Auditor: Sadler, Gibb & Associates, LLC
Auditor Address: 2455 E. Parleys Way
Suite 320
Salt Lake City, UT 84109
United States
Auditor Website: http://www.sadlergibb.com
IR Firm: N/A
Legal Counsel: N/A
Fiscal Year End: 3/31
Reporting Status: Alternative Reporting Standard
Bankrupt: No
Shell: No
Audit Status: No
ADR Ratio: N/A
Transfer Agent: Action Stock Transfer Corporation
TA Address: 2469 E. Fort Union Blvd
Suite 214
Salt Lake City, UT 84121
USA
Depository Website: N/A
SHO Flag: N/A
3210 Flag: N/A
Short Volume: 1,939
Short Date: 09/13/2019
Closing MMID: 7
BFCMmid: 6
Tier ID: 22
Status: Active


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