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Re: MarketShark post# 2436

Tuesday, 05/13/2014 3:17:14 AM

Tuesday, May 13, 2014 3:17:14 AM

Post# of 171623
It was changed on NVSOS over a month ago, filed on 2/27/2014...
In addition to the Name change they filed the Designation of SERIES A CONVERTIBLE PREFERRED on 4/24/2014. Those shares are active now and Charles has 100M I think.

Per Charles Tweet the Name Change was officially filed on April 8th.

SolPower Corp ?@SolPowerCorp Apr 8

Name/symbol change has been officially filed. Now awaiting word from FINRA on when it takes effect.



Here an Example of the Name Change Request Form:
http://www.sertant.com/htmlarchive/pdf/FINRAform09302013.pdf

Doesn't look too complicated and outlines pretty clearly what else is needed with the Form.

Here a clear Description of what has to be done and by whom i can be done:

Corporate Actions Impacted by FINRA Rule 6490

Rule 6490 requires advance notice to FINRA of the following corporate actions:

? dividends or other distributions;

? forward or reverse stock splits, or rights or other subscription offerings;

? any issuance or change to a symbol or name;

? mergers, acquisitions, dissolutions or other company control transactions; and

? bankruptcy or liquidations.

FINRA Rule 6490 Procedural Requirements

Rule 6490 requires issuers to complete and provide the required notice to FINRA at least 10 business days prior to the record date of the corporate action. FINRA approval must be received before the corporate action becomes effective. In addition, FINRA may request additional documents, and conduct detailed and selective reviews of the issuer submissions which may cause the issuer to delay the announcement of its corporate action.

For some types of corporate actions, such as dividend payments or stock splits, the necessary paperwork can be handled by the issuer’s transfer agent.


http://www.securitieslawyer101.com/rule-6490/

Per the above it seems as the TA can't handle the Name Change...