BPZ Resources, Inc. - Shareholder.com

the early stage of litigation proceedings. In any event, the Company believes that any monetary damages arising from the incident
would be adequately covered by its insurance policies, after a customary deductible.
ITEM 4. RESERVED
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, AND RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Effective October 26, 2009, we transferred the listing of our common stock, no par value, from the NYSE Amex to the New
York Stock Exchange (“NYSE”), where we continue to trade under the symbol “BPZ.”
From October 2008, following the acquisition of the American Stock Exchange by the NYSE Euronext, until our transfer to
the NYSE, our Common Stock traded on the NYSE Alternext U.S. (later renamed NYSE Amex) under the ticker “BPZ”. From
January 12, 2007 until the merger of the stock exchanges, our Common Stock was traded on the American Stock Exchange
(“AMEX”) under the symbol “BZP”.
The following table sets forth, for the periods indicated, the high and low prices of a share of our Common Stock as reported
on the NYSE, NYSE Amex, and NYSE Alternext U.S. during the applicable time periods.
Holders
32
High Low
2010
Fourth quarter.................................................... $ 4.94 $ 3.26
Third quarter ..................................................... 4.85 3.03
Second quarter................................................... 7.47 4.08
First quarter ...................................................... 9.85 5.63
2009
Fourth quarter.................................................... $ 9.98 $ 6.05
Third quarter ..................................................... 8.07 4.52
Second quarter................................................... 7.65 3.60
First quarter ...................................................... 9.18 2.25
As of March 14, 2011, we had approximately 141 shareholders of record, and an estimated 16,012 beneficial owners of our
common stock.
We currently intend to retain all future earnings to fund the development and growth of our business. We have never paid
cash or other dividends on our stock. For the foreseeable future, we intend to retain earnings, if any, to meet our working capital
requirements and to finance future operations. Accordingly, we do not plan to declare or distribute cash dividends to the holders of our
common stock in the foreseeable future. As of the date of this filing, we have not repurchased any of our equity securities and have
not adopted a stock repurchase program.
Recent Sales of Unregistered Securities
The information on our recent sales of unregistered securities has been previously reported in the following reports filed with
the SEC:
1) Form 8-K filed on February 9, 2010;
2) Form 8-K filed on February 19, 2010; and
3) Form 8-K filed on March 15, 2010.