SCHEDULE 13G: Janey Mae Baker Discloses 5.5% Beneficial Ownership in Sky Quarry Inc.
Beneficial Ownership Disclosure
Janey Mae Baker has disclosed a 5.5% beneficial ownership stake in Sky Quarry Inc., totaling 1,041,545 shares of common stock, as per a recent Schedule 13G filing.
Summary
- Janey Mae Baker reported beneficial ownership of 1,041,545 shares of Sky Quarry Inc. common stock.
- This ownership represents 5.5% of the company's total outstanding common stock.
- The reported shares include 782,500 shares held by Vari Asset Management, a company controlled by Ms. Baker.
- The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934, indicating an individual investor's passive stake.
Sentiment
Score: 6
Explanation: The filing of a Schedule 13G indicates a significant ownership stake by an individual, which can be viewed as a positive signal of investor confidence, though it does not provide operational or financial performance details.
Positives
- The disclosure of a significant ownership stake by an individual investor like Janey Mae Baker can signal confidence in Sky Quarry Inc.'s future prospects and valuation.
Future Outlook
This document is a beneficial ownership disclosure and does not contain forward-looking statements or guidance regarding Sky Quarry Inc.'s future performance.
Industry Context
This filing is a standard regulatory disclosure of a significant ownership position by an individual investor, providing transparency in the market regarding the company's shareholder base. It does not directly relate to broader industry trends or competitor performance, but rather reflects an individual's investment decision within the sector.
Related Party Transactions
- Janey Mae Baker's beneficial ownership includes 782,500 shares owned by Vari Asset Management, a company she controls, indicating a related party holding within her total reported stake.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant individual shareholder's stake, which could influence market perception and investor sentiment towards Sky Quarry Inc.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of the event which required the filing of this statement (acquisition of beneficial ownership). |
| 02/07/2025 | Date the Schedule 13G statement was signed and filed with the SEC. |
Keywords
Sky Quarry Inc., Janey Mae Baker, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investor Disclosure, Vari Asset Management
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