nope. That is incorrect. Name changes are not mandatory with r/s's.
NAME/SYMBOL CHANGES Updated Date Old Symbol Old Name New Symbol New Name Comment 13:41 1/20/2009 CNVG Convergence Technologies Inc Common CNVC Convergence Technologies Inc Common Stock (New) 1-750 R/S ** 13:41 1/20/2009 HEGP Heartland Energy Group, Inc. Common Stock TRNC Tritent International Corp Common Stock ** 16:19 1/20/2009 SAZEF INTERNATIONAL SAMUEL EXPLORATION CORP Ordinary Shares ISSFF International Samuel Exploration Corp Ordinary Shares 1-20 R/S ** 13:41 1/20/2009 VSUS VSUS Technologies Incorporated Common Stock VSUT VSUS Technologies Incorporated New Common Stock 1-1,500 R/S **
If a name change was mandatory (I have no idea if it is or not), Peter would be foolish to do that. He has built equity with the name Revenge Designs. Changing the name would destroy that, and no on would recognize. Think about all the press about "Revenge Designs". It would be worthless if he changed the name to, say, "Southern Cosmetics". :-)