The board of directors of the Company has approved a name change of the Company to “ United Communications Partners Inc ”. The name change will be completed by way of an amendment to the articles of incorporation of the Company which will be effective upon completion of a proposed merger between the Company and United Communications Partners Inc. (“ SubCo ”), a wholly-owned subsidiary of the Company incorporated under the laws of the State of Nevada (the “ Merger ”). The Merger will be completed pursuant to the provisions of the Section 92A.180 of the Nevada Revised Statutes: Chapter 92A, as amended (“ NRS 92A.180 ”). Pursuant to NRS 92A.180, approval from the Company’s shareholders is not required to give effect to the Merger or the consequent name change. The name change is anticipated to be completed in mid-March, 2011, subject to receipt of regulatory approval. The Company will be the surviving corporation in the Merger and there will be no amendment to the Company’s articles of incorporation
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