secwatch.observer — SEC 8-K summary
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Issuer:     NEW FRONTIER ENERGY INC (—)
CIK:        0001140586
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001683168-23-001757
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Frontier Energy acquires CareOne, declares end of shell company status
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- Issued 200M common shares to acquire 100% of CareOne (debt resolution); closing March 24, 2023.
- CareOne had unaudited revenue of $600,000 and cash of $12,000 for year ended Dec 31, 2022.
- Company declares it ceased being a shell company as of Mar 23, 2023 via CareOne acquisition and R.A.M.S. oil shale business.
- Locked out of OTC Markets portal; filed 8-K voluntarily to notify shareholders of shell status change.
- Outstanding shares: 79,786,517 common + 1 Series A Preferred (convertible to 80% of common) as of Feb 28, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140586/000168316823001757/0001683168-23-001757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140586/000168316823001757/newfrontier_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-001757

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