On or about February 13, 2013, the Company received written consents in lieu of a meeting of Stockholders from it majority shareholder who owns 20,000,000 shares representing approximately 80% of the 25,000,000 shares of the total issued and outstanding shares of voting stock of the Company (the “Majority Stockholder”) authorizing the Company’s Board of Directors,
• to change its corporate name to "IPOWorld" from "General Cleaning and Maintenance"; and • increasing the number of authorized share to 200,000,000 from 75,000,000, while retaining the current par value of $0.001.
On February 13, 2013, the Board of Directors of the Company approved the above-mentioned actions, subject to Stockholder approval. The Majority Stockholder approved the action by written consent in lieu of a meeting on February 13, 2013, in accordance with the Nevada Corporate law.
(Once we complete the name change, we will need to apply for a new Over-the-Counter Bulletin Board trading symbol and CUSIP number. We will report our new symbol and CUSIP number in a Current Report on Form 8-K once it is established.)