CJAX · CoJax Oil & Gas Corp · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“The Company has yet to achieve consecutive quarters of profitable operations, expects to incur further losses in the development of its business, has only recently begun producing positive cash flows from operating activities, and is dependent upon future issuances of equity or other financings to fund ongoing operations, all of which raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 12, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-08-20 | Guzy Jeffrey J |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
The reporting person acquired these shares in a negotiated private transaction from the former Chief Financial Officer of the registrant. |
Common Stock
|
475,000 |
| 2024-01-31 | Guzy Jeffrey J |
Director |
Other↑
Filing footnotes — Common Stock (Direct)
The reporting person acquired these shares upon conversion of 57,500 shares of Series A Convertible Preferred Stock. |
Common Stock
|
575,000 |
| 2023-01-25 | Guzy Jeffrey J |
Director |
Award↑
Filing footnotes — Series A Convertible Preferred Stock (Direct)
Each share of Series A Preferred Stock is convertible at the option of the holder thereof at any time without expiration date into l0 shares of the registrant's common stock. |
Series A Convertible Preferred Stock
|
25,000 |
| 2023-01-25 | Wellman William Barrett |
Chief Financial Officer, 10% Owner |
Award↑
Filing footnotes — Series A Convertible Preferred Stock (Direct)
Each share of Series A Preferred Stock is convertible at the option of the holder thereof at any time without expiration date into l0 shares of the registrant's common stock. |
Series A Convertible Preferred Stock
|
25,000 |
| 2022-03-15 | Bradley Allan |
Director |
Award↑
|
Common stock
|
10,000 |