PAOS name change coming from 8k; insider holding 94% OS
Precision Group Holdings LLC (“PGH” or the “Majority Shareholders”) is entitled to vote a total of 196,743 shares or approximately 97.4% of the total issued and outstanding common stock of Precision Aerospace Components, Inc., a Delaware corporation, which we refer to as “Precision” the “Company,” “we” or “us.” The Majority Shareholder has adopted the following resolutions by written consent in lieu of a meeting pursuant to the Delaware General Corporation Law.
1.
Authorize the officers and directors of the Company to cause the Company to amend its Certificate of Incorporation in order to change the name of the Company from “Precision Aerospace Components, Inc.” to “Amerinac Holding Corp.”
