Wednesday, February 13, 2019 4:08:42 PM
https://www.otcmarkets.com/filing/html?id=13214349&guid=RjBtUFJLzJQS03h
On February 11, 2019 the Board of Directors of the Company approved, declared it advisable and in the Company’s best interest, and directed that there be submitted to the holder of a majority of the Company’s common stock for approval, the prospective amendment to the Company’s Articles of Incorporation to change the name of the Company to Rayont, Inc.(the “Name Change Amendment”). On February 11, 2019, the stockholders of the Company owning a majority of the Company’s outstanding voting stock (the “Majority Stockholders”) approved the Name Change Amendment by written consent, in lieu of a special meeting of the stockholders.
The Board of Directors of the Company and the Majority Stockholders believe that it is advisable and, in the Company’s, best interests to authorize and approve the Name Change Amendment in order to more accurately reflect additions to the Company’s business focus with the change of control disclosed in the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2018.
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