CF Green Corp. Releases Results of Shareholders' Meeting.Business Editors STERLING, Colo.--(BUSINESS WIRE)--Dec. 17, 2003 CF Green Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CFGC CFGC Chaplaincy, Full Gospel Churches (Dallas, TX) CFGC Colorado Federation of Garden Clubs ) (www.naturalsteaks.com), formerly Pacific Star Technology Corp., announced today the results of its November 23 shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. . The shareholders agreed to change the name of the company, reverse split its shares and approved the acquisition the business of CF Green Natural Steaks. The Company has changed its name to "C.F. Green Corporation" and reverse split its shares one-for-four (1 for 4) effective December 15, 2003. Of the 8,251,870 shares outstanding, 5,478,900 shares were represented or approximately 66.4% resulting in a valid quorum A majority of an entire body; e.g., a quorum of a legislative assembly. A quorum is the minimum number of people who must be present to pass a law, make a judgment, or conduct business. . All resolutions passed unanimously. CF Green's Natural Steaks is a processor and distributor of certified natural, Black Angus, Colorado raised, aged beef and other natural meats. The Company is acquiring the "natural" label, equipment, intellectual property, logos, licenses, USDA USDA, n.pr See United States Department of Agriculture. approvals, marketing plans and sales contracts. It is also signing a long-term lease for the building and the surrounding 40 acres, with an option to purchase. The Company expects to close on the acquisition of CF Green's Natural Steaks in early January 2004. CF Green's Natural Steaks has been processing and marketing quality beef produced by the Green ranch for the past three years. The Green Family, beginning with CF Green and currently with his son, Frank Green, and his grandson, Brad Green Brad Green may refer to:
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. |
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