GSM Fund Group Inc. Announces Completion of Reverse Split and Name Change
TEMPE, Ariz., Dec. 1, 2014 /PRNewswire/ -- GSM Fund Group Inc. (OTC: IFNXD: PK) (the "Company") announced today it has recently changed its corporate name from "InfoLinx Communications Ltd." to "GSM Fund Group Inc." and also completed a 1:100 reverse split of its outstanding shares of common stock.
On November 7, 2014, the Company's Board of Directors and shareholder holding a majority of the Company's outstanding voting rights approved changing the Company's name to GSM Fund Group Inc. and to effect a 100:1 reverse split. Thereafter, the Company filed a Certificate of Amendment with the Nevada Secretary of State to take such actions and submitted a Notice of Corporate Action to FINRA. On November 20, 2014, FINRA informed the Company that such corporate actions would take effect at the open of business on November 21, 2014.
The Company also changed its ticker symbol to GSMF, which will take effect twenty (20) business days from November 21, 2014.
As a result of the aforementioned reverse split, the Company's capital stock structure and information is as follows:
| Trading Symbol: |
IFNXD (for 20 business days starting on November 21, 2014; thereafter, the symbol shall be GSMF). |
| Title and Class of |
|
| Securities Outstanding: |
Common stock |
| CUSIP: |
36250A 108 |
| Par Value: |
$0.001 |
| Total Shares |
|
| Authorized: |
400,000,000 |
| Total Shares Issued |
|
| and Outstanding: |
182,149 |
| Title and Class of |
|
| Securities Outstanding: |
Preferred stock |
| CUSIP: |
N/A |
| Par Value: |
$0.001 |
| Total Shares |
|
| Authorized: |
2,000,000 |
| Total Shares Issued |
|
| and Outstanding: |
1,000,000 Convertible Preferred Series A shares |
Each share of Convertible Preferred Series A shares has the right to cast 100 votes on any and all matters considered and voted upon by the common stockholders and the right to be converted into 100 shares of common stock.
Transfer Agent:
Transfer Online
512 SE Salmon Street
Portland, OR 97214-3444
Telephone: 503.227.2950
Transfer Online is registered under the Securities Exchange Act of 1934.
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SOURCE GSM Fund Group Inc.
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