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balaton power inc (BPWRF) Key Developments

Balaton Power Inc. Announces Management Changes

Balaton Power Inc. announced the appointment of Barry Brown as the Chief Executive Officer and a director of the company effective September 29, 2013. Mr. Brown replaces Michael Rosa who has resigned as an officer and director of the company. Dr. Barry Brown has since been an associate dentist until owning his own private dental practice for eleven years. In that time he has built up his business acumen in running the day to day operations and payroll of a busy dental practice. After selling his practice and retiring for three years he has since become an associate dentist, once again undertaking the day to day operations of another dental practice. Dr. Brown has been an active shareholder of Balaton almost since its inception for the past twelve years.

Balaton Power Inc. announced delayed 20-F filing

On 04/30/2013, Balaton Power Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.

Balaton Power Seeks Funding

Balaton Power Inc. is looking for funds for the assignment agreement signed with JAL Exploration Inc. and for additional working capital.

Balaton Power Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012

Balaton Power Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported net loss of $80,960 against $45,553 a year ago. Cash from operating activities was $19,926 against $11,596 a year ago. For the six months, the company reported net loss of $142,638 against $104,132 a year ago. Cash used in operating activities of $12,959 against $47,311 a year ago.

Balaton Power Inc. Re-Appoints Killman, Murrell & Company, P.C. S Auditors of the Company

Balaton Power Inc. at its Annual General Meeting held on July 30, 2012, approved the re-appointment of Killman, Murrell & Company, P.C. as auditors of the company.

 

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