DA WHOLE SHUBANG IN ONE/update 08-15-2021 Ambient Water Corp (AWGI)Catapult Solutions, Inc. will ultimately be successor to Ambient Water Corporation as a result of this reorganization. [effective on April 28, 2021 at 4:00 PM EST (“Effective Time”).] last updated 4/26/2021
Within this subsection of this website page, “The Company,” and or “Ambient Water” refer to Ambient Water Corp., a Nevada Corporation.?
AWGI-Court Order-Signed-A-20-823994-P.pd EVENT: ORDER GRANTING APPLICATION FOR THE APPOINTMENT OF JEFFREY DENUNZIO On February 24, 2021, Jeffrey DeNunzio filed Restated Articles of Incorporation.
Amongst other changes, the authorized shares of both Common and Preferred stock were changed and a mandatory conversion of any previous shares of Series A and B Preferred Stock issued/ outstanding were converted into shares of Common stock and such classes of Preferred Series A and B cancelled.
The mandatory conversion is detailed within the Restated Articles of Inc.
The Restated Articles of Inc. also created a new class of Series Z Preferred stock. See below.?
On or about February 25, 2021, 10,000 shares of Series Z Preferred Stock were issued to CRS Consulting, LLC for assisting the Custodian with the resurrection of its corporate charter, reinstating good standing with the Company’s transfer agent and providing services to salvage value for the benefit of shareholders.
Jeffrey DeNunzio, Paul Moody and Thomas DeNunzio are members of CRS consulting Services, LLC. Jeffrey DeNunzio is also current custodian of Ambient Water Corporation.?
Pursuant to a shareholder meeting on March 29, 2021, Jeffrey DeNunzio was appointed to the position of Director, President, Treasurer, and Secretary.?
Ambient Water Corporation has consented to participate in a holding company reorganization (“Reorganization”) pursuant to NRS 92A.180, NRS A.200, NRS 92A.230 and NRS 92A.250.
The constituent corporations in the Reorganization will be Ambient Water Corporation (“AWGI” or “Predecessor”),
Catapult Solutions, Inc. (“Successor”), and Catapult Merger Sub, Inc. (“Merger Sub”).
Our director is the sole director/officer of each constituent corporation in the anticipated Reorganization.?
Catapult Solutions, Inc. will issue 1,000 common shares of its common stock to Predecessor and Merger Sub will issue 1,000 shares of its common stock to Catapult Solutions, Inc. prior to the Reorganization.
Immediately prior to the merger, Catapult Solutions, Inc. will be a wholly owned direct subsidiary of AWGI and Merger Sub will be a wholly owned and direct subsidiary of Catapult Solutions, Inc.
The merger shall become effective at such time as the Articles of Merger are filed and stamped by the Nevada Secretary of State (“Effective Time”).
At the Effective Time, Predecessor shall be merged with and into Merger Sub (the “Merger), and Predecessor shall be the surviving corporation.
Each share of Predecessor common stock issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and non-assessable share of Catapult Solutions, Inc. (“Successor”) common stock.
Catapult Solutions, Inc. will ultimately be successor to Ambient Water Corporation as a result of this reorganization.?
Pursuant to the above, on April 23, 2021, Ambient Water Corporation filed Articles of Merger with the Nevada Secretary of State.
The merger shall become effective on April 28, 2021 at 4:00 PM EST (“Effective Time”).
At the Effective Time, Predecessor shall be merged with and into Merger Sub (the “Merger), and Predecessor shall be the surviving corporation.
Each share of Predecessor common stock issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and non-assessable share of Catapult Solutions, Inc.’s (“Successors”) common stock.
Catapult Solutions, Inc. is a shell company with no material operations.
In addition, Ambient Water Corporation is pending a FINRA corporate action to process the foregoing Reorganization.
Commensurate with this action is a request to change the Company’s stock ticker symbol.
The new ticker symbol, and new CUSIP number will be announced via the FINRA daily list.
There are no other material events to report as of the time this section was last updated.
If there becomes anything else material to report it will be posted here.?
Preferred Shares Authorized: 20,000,000 of which 10,000 are designated as Series Z Preferred Stock.
Series Z Preferred Stock has no conversion rights to any other class and every vote of Series Z Preferred Stock shall have voting rights equal to 1,000,000 votes of Common Stock.
Preferred Shares Outstanding: 10,000 Shares of Series Z