The name change is for the SEC only which goes thru FINRA... The fact that there still is an Action Products is not of concern to WAFR shareholders because Action Products is not a public company that has shares outstanding and trades on an exchange.
It is however still an active company listed with the New York SOS. Its like in a way the fact that you can still dig up the name Oldsmobile or Pontiac when looking up information on General Motors...but as we all know neither of them functions any more when it comes to producing cars... but trust me the both are still carried on the books within the structure of General Motors... and since I live here in MI and have a few relatives that are in GM's upper management I know this to be a fact.
Wonder how many shareholders of GM are posting somewhere that Pontiac is still in business because they cant find a "going out of business" filing ... LOL