Business Services Industry
Enviro-Energy Corporation Announces Reverse Stock Split and Name Change in Anticipation of Merger
Business Wire, April 21, 2008
DALLAS -- Enviro-Energy Corporation, Inc. (Pink Sheets:ENGY), announces that a meeting of its Board of Directors was held at the Company's offices at 5956 Sherry Lane, Suite 1620, Dallas, Texas 75225 on April 21, 2008. In anticipation of its previously announced merger, the Board unanimously adopted and a majority of the Stockholders (the "Consenting Stockholders") representing not less than sixty-seven percent (67%) of the issued and outstanding shares of Common Stock of the Company as of the Record Date of March 31, 2008 have consented to the following Resolutions:
1. The corporation name of Enviro-Energy Corporation shall change to Integrated Construction Management, Inc.
2. That it is advisable to effect a reverse stock-split of the outstanding Common Stock of the Corporation on the basis of one (1) share for every five thousand two hundred (5,200) shares currently issued and outstanding.
3. That the Certificate of Incorporation of this corporation be amended by changing the Article thereof numbered "FOUR (4)" so that, as amended, said Article shall be read as follows:
[TABLE OMITTED]
4. Upon the filing of the Certificate of Amendment with the Delaware Secretary of State, each five thousand two hundred (5,200) shares of the Common Stock of the Corporation issued and outstanding on the date of such filing shall, without any further action on the part of the holders thereof, be consolidated and automatically converted into a single share of Common Stock, provided that, if any holder would otherwise be entitled to a fractional share based on such reverse stock split, such fractional share will be repurchased by the company at a price equal to the last published trade price of the common shares on the Record Date.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Leading Italian ICT Services Provider Deploys Cisco's Unified Computing System to Provide More Flexibility for Customers and Support Growth Within the Business
- Great Sony Sound Any Time With Your iPod or iPhone:
- No Fuss, No Wires... Just Great-Sounding Home Entertainment: New MDR-RF4000K Digital Cordless Headphone
- Leading Information Technology Units Drive Business Change, Says The Boston Consulting Group
- A25 Gold Producers Announces Letter of Intent to Acquire the Prident Gold Property
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- The last smoke: medical marijuana. (American Survey)
- Diets Around the World: How the Menu Varies
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Asian financial crisis of 1997: Causes and policy responses, The
