Attached files

file filename
10-K - FORM 10-K - West Texas Resources, Inc.wtxr_10k-093012.htm
EX-14 - CODE OF ETHICS - West Texas Resources, Inc.wtxr_10k-ex1401.htm
EX-31.2 - CERTIFICATION - West Texas Resources, Inc.wtxr_10k-ex3102.htm
EX-31.1 - CERTIFICATION - West Texas Resources, Inc.wtxr_10k-ex3101.htm
EXCEL - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R3.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R4.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R5.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R8.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R7.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R9.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R6.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R2.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R1.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R10.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R11.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R16.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R14.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R12.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R17.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R19.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R18.htm
XML - IDEA: XBRL DOCUMENT - West Texas Resources, Inc.R15.htm
EX-32.1 - CERTIFICATION - West Texas Resources, Inc.wtxr_10k-ex3201.htm
v2.4.0.6
7. Subsequent Events
12 Months Ended
Sep. 30, 2012
Subsequent Events [Abstract]  
7. Subsequent Events

Events subsequent to September 30, 2012 have been evaluated through the date these financial statements were issued to determine whether they should be disclosed to keep the financial statements from being misleading.   The following events occurred since September 30, 2012:

 

·On November 26, 2012, the Board of Directors of the Company approved the Private Placement Memorandum for an offering of 3,000,000 shares of the Company’s common stock at $0.50 per share. The Shares are being offered by the Company’s executive officers on a straight best-efforts basis. However, in the event the Company engages finders or FINRA member firms, the Company expects to pay finders’ fees or sales commissions of up to 10% of the gross offering proceeds.

 

·On November 29, 2012, the Company entered into a subscription agreement with an existing shareholder to sell 100,000 shares of the Company’s common stock for a purchase price of $0.50 per share. Pursuant to the agreement, the $38,000 recorded as shareholder advances as of October 31, 2012, which included $35,000 as of September 30, 2012, were converted into 76,000 shares and the balance of the subscription price in the amount of $12,000 was received upon signing of the subscription agreement. In addition to the aforementioned transaction, the Company sold an additional 50,000 shares of the Company’s common stock pursuant to the Private Placement Memorandum for the cash proceeds of $25,000.
 
 ·In December 2012, the Company sold its water trailer for a cash payment of $25,000.