Canton Industrial Corp. changes name to CyberAmerica Corp.SALT LAKE CITY--(BUSINESS WIRE)--June 18, 1996--The Canton Industrial Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CICP CICP Centre for International Crime Prevention (United Nations Office for Drug Control and Crime Prevention) CICP Colorado Indigent Care Program CICP Consortium for International Crop Protection )(BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :CND CND Campaign for Nuclear Disarmament CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear CND (Brit) n abbr (= ), a Nevada corporation, held their annual meeting of shareholders Tuesday morning. The main item on the agenda was the changing of the company name from The Canton Industrial Corp. to CyberAmerica Corp. The company feels the new name better reflects the company's entry into the market for 21st Century virtual business systems and coincides with its emphasis on continuing to aggressively develop Internet products and services. The new symbol on the Boston Exchange will be "CYA CYA Cover your ass. See Defensive medicine. " and will be effective when the Exchange receives a copy of CyberAmerica's amended 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. . A symbol on the OTC BB will be obtained upon their receipt of the amended Articles of Incorporation. At that time, we will issue a press release with those symbols. This amendment passed with 81 percent approval. Also on the agenda was the election of Richard Surber, Philip Lamb and Lorin Pace to the board of directors. Each of the nominees was currently serving as a director and all were reelected, with 82 percent approval. The shareholders further ratified the selection of Andersen, Andersen, and Strong L.C. as the company's independent auditors for the fiscal year ending Dec. 31, 1996, with 81 percent approval. Andersen, Andersen, and Strong L.C. audited the company's operations for the 1994 and 1995 fiscal years. CONTACT: CyberAmerica Corp., Salt Lake City 801/575-8073; e-mail: canton@cybermalls.net |
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