Reason why the R/S can be postponed
or cancelled From the latest filings:
In addition to the Actions set forth above, the Board of Directors and the Majority Stockholder also approved a proposal to change the name of the Company from “NaturalNano, Inc.” to “Encore Energy Partners, Inc.” and a proposal to increase the authorized number of shares of Common Stock from 800,000,000 to 1,800,000,000 on July 18, 2014, which proposals were subsequently abandoned upon approval of the Board of Directors and the Majority Stockholder on August 15, 2014, and on November 4, 2014, respectively, as they deem it to be in the best interest of the Company and its stockholders to retain the Company’s current name and the authorized number of shares of Common Stock is sufficient for the Company’s current needs for additional equity financings, stock based acquisitions and other corporate actions. On November 4, 2014, the Board of Directors changed the Record Date from July 18, 2014 to November 4, 2014 (the “Record Date”) for the determination of stockholders who are entitled to receive this Information Statement.
The company is acting on behalf of it's shareholders by reversing a previously approved decision.
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All my posts are my opinion only and by no way are a solicitation to buy or sell, please trust your own skills and instinct as well as your own DD, if You fail point only at yourself.
