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Monday, May 02, 2011 3:47:28 PM
Las Vegas, NV (PRWEB) - May 01, 2011
Steadfast Holdings Group, Inc. (STDF.PK) (the Company) has appointed Joe Caywood as its Chief Executive Officer, President, Secretary, and Chairman of the Company. On April 27, 2011, Mr. Caywood acquired a controlling interest in the shares of the Company. Mr. Caywood, 41, has extensive management experience in several sectors including the recycling, waste disposal, and automotive industries.
On April 28, 2011, John Calash resigned as a Director and President of the Company. Susan Calash resigned as the Secretary of the Company on the same date.
The Company has approved and intends to implement several corporate actions including: a name change to Scorpex, Inc., a restatement of its articles of incorporation, and a 1-for-1,000 reverse split of its issued and outstanding shares of common stock to become effective on May 20, 2011.
Contact-
Investor Relations:
Franco Inc.
(310) 891-1838
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