Dynasty Limousine Has Begun The Process Of Changing Its Name And Obtaining A New Stock Symbol
ONCE THE NAME CHANGE IS COMPLETE, 3 NEW BOARD MEMBERS WILL BE ADDED AND THERE WILL BE A REDUCTION IN THE AUTHORIZED SHARES
CORAL SPRINGS, Fla., Jan 9, 2013 /PRNewswire/ -- Dynasty Limousine, Inc. (PinkSheets: DNYS) has filed with the State of Florida to amend the corporate name to Cyber Kiosk Solutions, Inc. effective January 18, 2013, but will continue to brand its machines under the name Cyber-Thingy™.
The Company is filing with FINRA on Thursday January 10th to officially change its name and request a ticker symbol from one the following options CYKS, CYBK, CKSI. The Company will also file an amendment with the State on Thursday to change the effective date from January 18 to January 25 to meet the minimum number of days needed by FINRA to effect the name change. A new CUSIP number has been obtained for the new name and the transfer agent will work with DTC to insure it is DTC eligible on the 25th.
The Company will be adding 3 new Board members once the name change is official and the ticker has changed. After the name change has been approved and the 3 board members have been elected, the Company will reduce the number of Authorized shares from 120 million to 70 million. The number of outstanding shares shall be reduced to just below 64,539,275 million of which all but 2,946,272 will be restricted. The incoming Board members have also requested that all of the shares owned by the President (50,000,000) have a 2 year restriction on 144 sales or any other type of sale or transfer. The incoming members believe this will attract long term investors as the Company works to move up to the OTCBB and leave the Company with enough shares to use as stock options to hire and retain personnel and future acquisitions.
About the incoming Board Members:
Gregory J. Lewis , PhD – Incoming Board Member
Mr. Lewis majored in Business Administration at the Australian Institute of Management. His professional background includes Board and Management experience with Aviation, Financial and Environmental sectors. He holds a Doctorate in molecular biology and serves as Executive Director of the American Health Care Foundation and EcoAngels Foundation, an international Green Movement. As an early stage investor and accomplished entrepreneur, Gregory has taken several corporations through rapid growth, in addition to providing services to companies in the Caribbean, Australia, US and Latin America, specializing in Private Placements and Strategic Marketing.
Gregory consults within the Airline industry, holding positions as Marketing Director, COO and Chairman. At Guinee Airlines, he established that Country's operations in Charles De Gaulle Airport and oversaw their inaugural flight from Paris to Conakry, West Africa.
Gregory serves as Chairman of the Board for ProntoJet Aviation Corp., who operates a fleet of "small carbon foot-print" Phenom 100 Jets, offering Private Concierge Services to A-list individuals and government clients. Gregory's current board experience and international business knowledge should prove to be a great asset to Cyber Kiosk Solutions, Inc.
Scott Eddy – Incoming Board Member
Mr. Eddy's adult life travels have taken him into several countries where he learned to adapt to different cultures. In a twelve year span, Scott lived and worked in Miami, FL/ Marbella, Spain/ 7 years in Bangkok, Thailand/ 2.5 years in Barcelona, Spain/ 7 months in London, England/ 1 year in Miami, FL/ 4 months in Spain and currently resides in Bangkok, Thailand.
Scott Eddy 's professional business experience began in the investment banking sector as a sales trainer at a large investment banking firm. After gaining valuable experience over his 9 year tenure at the firm, Mr. Eddy recognized that working overseas in developing countries would present many more opportunities. Scott began his travels as he started his own business development consulting firm in Spain and social media marketing firm in Thailand. Mr. Eddy currently has one of the largest social media followings in all of Thailand and is ranked in the top 5 on twitter in Florida. Mr. Eddy's global contacts and business experience make him a great fit for a board member position for the Company.
Kelly Myers – Incoming Board Member
Kelly Myers graduated from UNCC in 1996 with a Major/Minor in BSBA/Economics. Mr. Myers entered into the Automotive Industry right out of college and became an auto buyer for a major dealership. At age 25, Kelly Myers bought his first New Car Franchise. Kelly was the youngest owner of a Mazda, Suzuki, and Isuzu dealership in the US at the time. Mr. Myers developed and worked hands on for all the software and web based marketing tools for the new generation of the auto industry. Mr. Myers became very proficient in developing new internet software to increase sales by over 200% for his auto dealerships and others. After selling his auto dealerships, Mr. Myers began working on different internet concepts. Through 15 years now of research, study, and testing, Kelly decided the internet space was the direction for his talents. Kelly Myers has developed software for the following 4 industries: Auto, Real Estate, Advertising and Social Media, Internet Sweepstakes. Kelly's software has made a huge impact in the four industries and continues to grow.
Mr. Myers has developed the best quality Internet Sweepstakes software on the market that has been running for over 4 years. Kelly is currently designing and developing a second Platform with major development pushes through new ventures with some large national companies in Las Vegas. Mr. Myers family has been involved in Video Poker for over 10 years which is where his inspiration came from. Mr. Myers states "As technology gets even better, the next platform that will be an industry killer, will be (No Limit) Games which is currently scheduled to launch in the 1st quarter of 2013". Having Kelly Myers on the board of directors for Cyber Kiosk Solutions, Inc. will help keep the Company ahead of the competition in its Internet Sweepstakes and International Gaming Software Division.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE Dynasty Limousine, Inc.
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