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American Absorbents Natural Products -- Earful of Books -- Sets Special Shareholders' Meeting.


Business Editors & Environmental/Entertainment Writers

AUSTIN, Texas--(BUSINESS WIRE)--Aug. 9, 2001

Audiobooks Chain Seeks Name Change Approval, Incorporation

Relocation, Etc.

American Absorbents Natural Products Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AMAB AMAB Arctic Marine Advisory Board (Canada) ) of Austin has called a special shareholders' meeting to complete definitive actions in the wake of its reverse merger with Earful ear·ful  
n.
1. An abundant or excessive amount of something heard, such as talk or music.

2. Gossip, especially of an intimate or scandalous nature.

3. A scolding or reprimand.
 of Books Inc. of Austin, the nation's first and largest audiobooks-only chain.

The merger was first disclosed on July 6. The meeting is set for 10 a.m., Central, Aug. 24, 2001, at Westwood Country Club, 3808 W. 35th St. in Austin, Texas.

In a proxy filed Wednesday with the Securities and Exchange Commission, AANP AANP American Association of Naturopathic Physicians.  (Earful) management said it is asking shareholders to formally approve a change in the public company's name from American Absorbents to Earful of Books Inc., and to authorize the company to transfer its articles of incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation.  from Utah to the state of Delaware.

The combined companies have about 940 shareholders, primarily residing in Central Texas.

"Subsequent to those actions, Earful also will seek Nasdaq approval to change the trading symbol from AMAB to EARS," said Paul A. Rush, founder of Earful (www.earful.com), now serving as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Chairman. American Absorbents' common stock is traded on the Over The Counter Bulletin Board (OTCBB).

"Barso Global Management Ltd. of Toronto, Canada, has been retained to sell AANP's primary assets -- the nation's largest zeolite mine and nearby plant in south central Oregon," said Bob Bitterli, former CEO of AANP and now a consultant to Earful. "AANP markets products containing the volcanic mineral, which is used primarily for odor control, gas or liquid absorption, the slow release of nutrients into the soil and in animal feed supplements."
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 9, 2001
Words:279
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