Friday, November 18, 2016 11:11:09 PM
On the Effective Date, the Charter Amendment will change our corporate name to AIM BIG Resources, Ltd . In 1999, the Company changed its name to “Prevention Insurance.com’ to reflect its then current business model of seeking to reduce insurance costs for health and life insurance policies through preventive measures. Thereafter, the Company’s business plan migrated to other insurance related activities. During 2006 fiscal year, the Company ceased these insurance related activities. Since the Company has not been in the insurance business for approximately 10 years, the Company, with approval from its Controlling Shareholders, determined to change its name to AIM BIG Resources, Ltd .
As stated in its quarterly and annual filings with the Securities and Exchange Commission, the Company remains a “shell company” and its principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with a business. As of the date of this filing, the Company has not entered into any letter of intent or formal or definitive agreements with any party, regarding business opportunities for the Company. Moreover, the Company believes that a business combination will not occur at any time prior to February 1, 2017, however, the Company can not predict that such business combination will occur on or about such date or at all, nor can the Company predict the type of business operation or terms and conditions of any such combination .
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