Followers | 18 |
Posts | 2030 |
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Alias Born | 12/05/2008 |
Thursday, March 23, 2017 5:54:43 PM
On August 16, 2013 the Company's Shareholders approved a plan to reincorporate the Company in
either Nevada or Delaware. In addition, the Shareholders approved a name change to “Sustain
Technology, Inc.”. The Company is in the process of reincorporating into Delaware and has
proposed to the Depository Trust Company that one (1) common share in Sustain Technology, Inc.
is issued for every 150 common shares of Paychest, Inc.
The Company has determined that it is in the best interests of the Company and its shareholders to
decrease the number of outstanding shares of common stock as part of the reincorporation process.
The Company believes that a decreased number of shares outstanding will allay regulatory concerns.
Note: Tom told me if the company didn't take this action Paychest would be Chilled again or go out of business!
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