North America Frac Sand, Inc. on or about July 17, 2020 began its application to submit a name, ticker symbol and CUSIP change with the Financial Industry Regulatory Authority (FINA) as part of its reorganization efforts in comunicating the Company's preeminent position oas a virtual care provider for women's health in China's rapidly growing telemedicine industry. The name will become Voycare.
Why does a symbol and name change approval by FINRA cause a spike in the PPS?
When FINRA approves the NAFS/VOYC symbol and name change they will be verifying the company received a fraud free clean bill of health.
The FINRA staff thorough investigation assures the retail investor:
* All NAFS/VOYC forms and supporting documentation is complete and accurate.
* NAFS/VOYC is current in its reporting requirements.
* All NAFS/VOYC officers, directors, transfer agent, legal adviser, promoters or other persons connected to NAFS/VOYC were never involved and are not presently involved in securities laws violations related to the securities markets.
* There is no Company-Related Action that may be potentially involved in fraudulent activities related to the securities markets and/or pose a threat to public investors.
* There are no significant issues with the settlement and clearance process for the security.
First Amendment Rights do not cover deliberately making false statements.