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FI-TEK VII, Inc. (fka FYTK) RSS Feed

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On April 15, 2005 the Company entered into a letter of intent to complete a merger transaction with Ronco Marketing Corporation, a Delaware Corporation (RMC) whereby RMC would become a wholly owned subsidiary of the Company through a merger of RMC into a newly formed subsidiary of FI-TEK, Ronco Acquisition Company (Acquisition). The Company will change its name from FI-TEK VII, Inc. to Ronco Corporation if such name is available in the state of Delaware. Each share of capital stock issued and outstanding by the Company immediately prior to the effective time shall remain issued and outstanding. Each share of RMCs and Acquisitions common stock issued and outstanding immediately prior to the effective time shall cease to be outstanding and shall be converted into one share of common stock of the surviving corporation. The letter of intent contemplates the execution of a definitive agreement, which has not yet been signed. http://eol.edgar-online.com/edgar_conv_html/2005/05/11/0001013993-05-000018.html#FIS_TOP_OF_DOCUMENT
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