Brand New 8K Report:
Item 8.01 Other Events:
HydroFlo, Inc. held a stock holders meeting on January 19, 2007 and voted to change from a BDC (Business Development Company) to a 1934 Act Corporation. The effective date of that change is February 1, 2007.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: Feb 2, 2007
By: /s/George A Moore III
George A. Moore III
Chief Executive Officer
So any speculation about how the change from a BDC to a 1934 Act Corporation will effect share price ? It seems as though it is an attempt to meet higher board requirements and possibly is one step in that process but I am not sure.