EnerJex Resources Inc (ENRJ)

[dragon52]

Name change coming???

As previously disclosed, the Company has entered into an agreement and plan of merger with AgEagle Aerial Systems, Inc., pursuant to which a wholly-owned subsidiary of EnerJex will merge with and into AgEagle, with AgEagle surviving as a wholly-owned subsidiary of EnerJex (the “Merger”). The Merger has been approved by the boards of directors of both companies and the shareholders of AgEagle. A definitive proxy statement/registration statement and a proxy card has been filed with the SEC and was mailed to the Company’s stockholders with a record date of February 20, 2018 for the special meeting to be held on March 21, 2018.

Apparently a formality since the merger has already been approved by both parties.

Has all the makings of a Reverse Merger... instant valuation with both being incorporated under one roof... win win for both. AGEagle getting into the marketplace and bringing value to EnerJex. Pre-IPO AG was asking for $4+... hmmm