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Re: SettingItStraight post# 55607

Wednesday, 07/18/2018 3:46:40 PM

Wednesday, July 18, 2018 3:46:40 PM

Post# of 60952
The second action approved by our stockholders was to change our name to Sharps Technology, Inc. by filing a Certificate of Amendment to the Company’s Articles of Incorporation with the Secretary of State of Nevada. The reason for the name change is as a result of the consummation of the transactions set forth in the June 27, 2018 Share Exchange Agreement with Sharps Technology Inc., the private Wyoming corporation, the business of which shall become the business of the Company. The name change is being effected because our Board believes that the new name will better reflect our post closing business as referenced. Our business will change in connection with the above referenced share exchange agreement. Upon consummation of the spin-off of the Fan Pass, Inc. business contemplated in the share exchange business, we will have abandoned all of our previous business plans, and the business of the formerly private Sharps Technology, Inc., will be our sole business. Additionally, we will apply to FINRA to change our trading symbol to one of SHRP, STIK or NSTK to be effective upon consummation of the name change.