DALLAS, March 21, 2011 /PRNewswire/ -- Kupper Parker Communications, Inc. (Pink Sheets: KPCG), announces that a meeting of its Board of Directors was held at the Company's offices at 5956 Sherry Lane, Suite 1620, Dallas, Texas 75225 on March 3, 2011. In anticipation of its merger with a privately-held Texas based Solar Power Company, the Board, along with just over 80% of the Stockholders eligible to vote, have consented to the following:
- The offices of the Corporation be relocated to 5956 Sherry Lane Suite 1620 Dallas, Texas.
- The objectives of the Corporation be changed to reflect the pending Solar Power merger.
- A 40 to 1 reverse split of the outstanding shares is herby approved such that, each Common Share, par value $0.01 of the Corporation, issued at such time, will be changed into one-fortieth (.025) of shares of Common Stock of the Corporation. In lieu of the issuance of any fractional shares that would otherwise result from the reverse stock split effected, the Corporation shall issue to any stockholder that would otherwise receive fractional shares, one (1) additional Common Share.
- That the Certificate of Incorporation of this corporation be amended, where required, according to Section 805 of the Business Corporation Law of The State of New York.
Forward Looking Statements:
Statements which are not historical facts contained in this release are forward looking statements, such as "immediately accretive" that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward looking statements.
© 2011 Kupper Parker Communications, Inc. The information herein is subject to change without notice. Kupper Parker Communications shall not be liable for technical or editorial errors or omissions contained herein.
William B. Glenn Jr. CEO Kupper Parker Communications, Inc. 214 365 3099 firstname.lastname@example.org
SOURCE Kupper Parker Communications, Inc.