Captain, with $TXTM-Name change according to the 8k
Pursuant to the 8K filed Jan 18th, 2017 - whereby it outlines the reverse merger of the private PLPL-SA into $TXTM. The last line of that 8K specifically states this tthe company will also be looking to Change the Company name through filing an amendment to the articles of Incorp with the SOS. That in turn should lead to ticker change. However, a cusip change was not listed at this time.
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
Closing Of Share Exchange Agreement On December 31, 2016, the Registrant, ProText Mobility, Inc., a Delaware corporation (“ProText” or “the Company”), consummated a Share Exchange with Plandaí Biotechnology South Africa (Pty) Ltd. (“Plandaí SA”), a South African company. Under the terms of the Share Exchange, the shareholders of Plandaí SA received 100,000 shares of ProText Series D Preferred Stock in exchange for 100% of the issued and outstanding capital of Plandaí SA. A copy of the Share Exchange Agreement is attached hereto as Exhibit 2.01. It is the intention of management of ProText that this transaction be treated as a “reverse merger” with Plandaí SA treated as the successor issuer to ProText for SEC reporting and accounting purposes. The Registrant intends to file an Amendment to the Articles of Incorporation changing the name of the company at some future time.
$TXTM/PLPL-SA - must read DD by Stervc last night. For anyone new here...it's a must read post that encompasses DD that we discovered last week or a few weeks ago.
ALL DD, ALL THE TIME ALL POSTS are for ENTERTAINMENT purposes only. Never BUY/SELL a security based on my posts. I, nor the Super Six, are licensed stock brokers.
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