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Commonly, the process of a corporate name change occurs at the next shareholder meeting so as to avoid the typically arduous process of calling a separate meeting just to change the name of the company.
A Quicker, Less Painful Option
For firms incorporated in Delaware–of which a good majority are–there is a much faster and ultimately less painful option for enacting a corporate name change. In 1998 Delaware passed a law which allows a public shell corporation establish a new wholly owned subsidiary and permits the a short-form merger effectively changing the name of the business to the new, more desirable name. This process requires no shareholder approval as long as the parent owns more than 80% of the newly formed subsidiary. The newly formed entity can, under Delaware law, become the sole surviving entity in the merger and the new entity is allowed to adopt and keep the legal name of the sub.
When the OTC changes the name there will be no more questions left to ask. Lol.
Why doesn't Doc just change it? Really?
UNIVEC CONGLOMERATE INC. 2670427
https://icis.corp.delaware.gov/ecorp/entitysearch/namesearch.aspx
Now I know why my black Nike socks have been out of stock. Ha. They are gonna be restocked shortly though. Nike payment approved.
Nevermind. Judge just stated they are taking a 15 min break to hear JCP as 15 minutes is all that will be required.
Is JCP hearing delayed? I'm on the call but its Diamond offshore hearing which started at 9am.
It could be that Doc has had Wellness Teladoc in the works for years and is now ready to let it roll. Checking the final boxes and it could be time for a name change so as to distinguish ourselves from a company that we are working parallel to. That suggests to me we are very close.
Naming a company nowadays has also become very difficult because almost every name you can think of has been used. That's why companies are dropping vowels or using slang in their name. Doc has founded over 40 companies.... I think he's got this.
Remember, Doc doesnt make moves without checking with the attorneys.
Name change. Let's go baby!
A review of what has happened in the past 2 years.
February 1st 2018 UNVC $0.0007
Saturday February 1st 2020 $0.008 That is a increase in pps of 1150%
Some were saying.... still here today, were saying that UNVC was a scam. Its okay keep saying it. I can't wait to see the percentage increase 2 years from today.
Who is that debt owed to? Did that company go bankrupt?
Looks like accumulation still going very strong here.
https://www.tradingview.com/x/LA8JmnbZ/
Anyone who questions if Dr D is selling shares would be the 1st shareholder to sell and move on from UNVC. That shareholder would not remain here posting every day for over a year+. UNVC to the moon!
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I thought some here may be interested in the unadvertised compassion of a one of our possible conglomerate companies.
UNVC will be like this dog when the news comes out.
Oh mister market maker dont be afraid. You can let it go above .02 we wont make it run we promise. I know you really want to get some more cheap shares down here but you should have been buying earlier like the rest of us. Just let it go dude. Just let it go....
Reward Stream Solutions Inc. Announces Management Changes
Apr 26 19
RewardStream Solutions Inc. announced the appointment of Dr. David Dalton as a Director of the company, replacing Danilen Villanuevae who has resigned as a director of the company. The company is also announced that Geoff Balderson has been appointed Chief Financial Officer, replacing Usama Chaudhry. Currently Dr. Dalton is a director of AGRIMED. In addition to over 45 years' experience in the pharmaceutical world, Dr. Dalton served over 18 years as Vice President of Rite Aid. Dr. Dalton is presently Chairman, President, CEO of Wellness Teladoc, Pharmacy Services Inc, Health Resources Inc. and Univec Inc. (UNVC). Dr. Dalton is an inductee of three Halls of Fame, has received recognition from several presidents of the United States, and is a recipient of the Senatorial-Medal of Freedom.
Exactly! Its much more than pennies.
Yes they do. UNVC is beyond these little things anyways. Exciting times.
100% with you this is an incredible opportunity that is really once in alofetime. And to try and trade it is jaw dropping to me. IMO.
Sometimes that feels smart to trade that way until it doesn't. One day one might question how one loss wiped out all those little gains. Smart feeling will fade.
Incredible info jrt03!!! I could not find his name on the site. Just amazing investors on this stock. Thanks and a toast for what's to come.
This may be a strange coincidence but when I searched for David Dalton the result were opioid news link based. I believe UNVC has some type of connection with NCPDP that we really haven't touched on yet. Maybe it is their initiative with speacialty pharmaceuticals.
https://www.ncpdp.org/Site-Search?searchtext=David%20dalton%20&searchmode=anywordDavid%20dalton
I will be surprised if we dont see a penny tomorrow! It's getting harder and harder for people to deny this is the real deal. You don't get high profile speaking events and honored as one of the world's top health care leaders by IFAH if you aren't making big ripples. Congrats longs.
Yes valuable and incredibly cheap. UNVC is priced with no value at this time. Just need to let everyone else figure out the value. Its going to be great to watch.
Its amazing to know how strong the longs are here. We doubled this week and nobody is giving up their shares. We should be so much higher even before the news.
We know we are in the right place at the right time when you see articles from opioids replacement solutions to Oreo cookies with cbd. UNVC will be the medicinal standard in this new frontier.
https://thehill.com/blogs/blog-briefing-room/news/441873-oreo-maker-considers-cbd-infused-products?amp
Im not in the circle of trust but it doesnt take much to see what Dr Dalton is trying to build here. Theres info out there just start looking.
Some will realize this is not a pump and we have a real CEO making it really happen and it will be too late. Another one slipped through your fingers. Except this one could be the biggest yet.
Those very same people will be outraged when its $0.0054
4,457,975 shares traded and were up 47%. There is your answer to how big the float is.
Nice find Sam'd'Mil. International interest following Dr Dalton comment of international nearly complete. Bread crumbs.
Evidence of low float. UNVC rocketship.
When was the last time you have seen a penny stock CEO invited to speak at events like this? This aint your normal penny stock. It won't be here much longer. IMO
And here you are. Must be some have found the bread crumbs of this company reorganization. The accumulation of UNVC since early 2017 is there for all to see.
The Federal government showed no indication of loosening regulations... but then that changed. Things got bigger.
Past experience tells me some of these stocks fly and people dream of how they wish they had a piece of that before the news. Go UNVC.
That makes complete sense. The only problem is the share price may be instantly 1000% higher when you get that confirmation. How would you feel then? There are many bread crumbs out there to find the trail UNVC is on.
Great point Mikey. Put an order in for $1000 and she'll move 20%-40%. That doesn't happen with a high float ticker. 1 billion share ticker will suck that up and you would never notice a blip. Not true with UNVC its only a sleeper right now.
My best guess is DTC is holding shares and acting as agent at this time but of course that's just a guess. DTC will not share further information unless you have brokerage status. I have gauged my risk of outstanding shares with my observations since 2010. I am comfortable with my assessment. If this is your major concern with UNVC then I might suggest market cap valuation now and future market cap vs estimated outstanding share projections to assess your risk without historic reference.
Just the opposite.