$EXAD: 8k OUT!! Metropolitan Dry Cleaners - Record Date
$EXAD: 8k OUT!! Metropolitan Dry Cleaners - Record Date Update:
Experience Art and Design Inc "EXAD" is moving the record date for the spin-off of Metropolitan Dry Cleaners, Inc. "Metro" back Seventeen (17) days to allow Metro more time to complete its Form 10. The spin-off of Metro is of no value to the shareholders unless the Form 10 is able to be filed on the same day.
The Form 10 will register all the Metro shares being issued at the time of the spin-off.
EXAD has retained counsel and paid the fee to enter the DTC system. EXAD will notify shareholders when the company has been placed into DTC.
The marketable assets are planned to be rolled in at the time of the spinoff. The current value is approximately $7,000,000 based on yesterday's closing price. As with all marketable assets the value will fluctuate throughout the year. The actual value of the assets are likely to receive a haircut by the auditors and booked in less than its market value during the audit.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EXPERIENCE ART AND DESIGN, INC.
DATE: February 8, 2017
/s/Matthew Dwyer
Matthew Dwyer
Chief Executive Officer
Sojourner here following God, obeying God, and cleaving to Him. The journey is onward.
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Whistleblower Complaint Rocks Madrigal Let me tell you, today's chatter isn't for the faint-hearted investor. Madrigal Pharmaceuticals (NASDAQ: MDGL) is under scrutiny, and it's making waves. The gears started turning when their former Senior VP and Head of Clinical Development unloaded a bombshell: he reported dirt on Madrigal's safety and efficacy data for Rezdiffra,...
Continue Reading
New Ventures in South Nashville You don't often see a development stirring up as much buzz as Simon's latest project, Sagefield™, in South Nashville. This isn't just any run-of-the-mill shopping center. No, Simon is dialing it up a notch, aiming to blend high-end retail, unique dining experiences, and standout design all into one lively spot. For those keeping an eye on...
Continue Reading
Pennsylvania Becoming a Pharma Hub There's a big pharma shuffle happening in the heart of Pennsylvania, folks. Eli Lilly's throwing a whopping $3.5 billion into a new facility in Lehigh Valley, marking it the latest pawn in their larger $50 billion strategy to bolster medicine production right here in the U.S. You talk about commitment, and this investment is no small...
Continue Reading
Celebrating a Decade of Employee Satisfaction Nailing that balance between growth and nurturing a quality workplace—now that's a hard row to hoe for many giants. Yet, United Community has strutted down this path for ten years straight, landing them again on American Banker's 'Best Banks to Work For' list. That kind of consistency screams commitment, don't it? But what's...
Continue Reading
Diving into Kroll's New Geoeconomic Risk Index When global storms brew, businesses yearn for a reliable compass. In swoops Kroll with its Geoeconomic Risk Index—a new tool aimed at taking the mystique out of geopolitical and economic uncertainties to forecast their impact on businesses' bottom lines. Understanding the Index This isn't just another fancy gadget for the...
Continue Reading
Revolutionizing Seafood Logistics with Kargo You'd think managing seafood shipments would be a simpler gig than charting ocean routes, but think again. Northern Wind, a major player in seafood processing, just proved the power of tech in an old-school business by partnering with a slick AI outfit called Kargo. Their facility in New Bedford, Massachusetts now magically...
Continue Reading
Insurance: More Than a Safety Net Rolling through Bluefield, West Virginia, you spot these humble small businesses propping up the local spirit—more than just storefronts, they’re the town's heartbeat. But, like any heartbeat, it’s vulnerable to a bunch of risks. That's where insurance steps in, like a cloak of safety keeping the vitals secure. Now, it’s not just...
Continue Reading
Storm's Brewing for Lululemon It ain't all zen at Lululemon these days. Amidst the yoga mats and stretchy pants, shareholders are unrolling lawsuits like it’s the new Pilates fad. A class action's been slapped on Lululemon Athletica Inc. (NASDAQ: LULU) over alleged investor deception, leaving quite a few with bruised portfolios. The Crux of the Lawsuit So, why is the...
Continue Reading
A New Chapter for PROYA Bet you didn't see this one coming: a leading Chinese beauty brand, PROYA, is throwing its hat into the North American skincare ring, rolling out its science-backed skincare line nationwide at Ulta Beauty. The same brand that's been big news across Asia is now setting its sights on the U.S. with a stunning array of products that don't just promise...
Continue Reading
The power game isn't always about flipping switches, my friends. With Midcontinent Grid Solutions (MGS), we're seeing another round of crowd-pleasing playacting as they pump the brakes on the BECI Project. New timeline, new promises—same old story. Investors, environmentalists, and citizens alike are watching this one unfold with a glass of iced tea and crossed fingers....
Continue Reading
Top 5 Most Recently Viewed Articles
Landmark Deliveries of the Challenger 3500 Bombardier proudly announces a significant achievement with the beginning of deliveries of three state-of-the-art Challenger 3500 aircraft to Aloula Aviation. This event marks a milestone as these are the first Challenger 3500 aircraft registered in Saudi Arabia, showcasing Bombardier's dedication to enhancing global aviation....
Continue Reading
Glenn Fleischman Takes Charge as aytm's Chief Revenue Officer aytm, a premier agile consumer insights platform for notable brands and organizations, is excited to announce the appointment of Glenn Fleischman as their new Chief Revenue Officer (CRO). This strategic move aims to boost growth and reinforce the company's leading position in the realm of agile market research....
Continue Reading
Attention Bitfarms Ltd. Shareholders Bitfarms Ltd. (NASDAQ: BITF) has been entangled in controversy, leading to a class action that affects many investors. If you acquired shares during a significant time period, it is crucial to be informed about your options and potential next steps. This article serves as an informative guide for those impacted by the fluctuations in...
Continue Reading
Legal Action Initiated Against University Park Church Andreozzi + Foote has recently initiated a significant legal action against the University Park Church of Christ, marking an important chapter in the quest for justice for survivors of sexual abuse. This lawsuit, lodged in the Prince George's County Circuit Court, focuses on distressing claims regarding the church's...
Continue Reading
Savaria Corporation's Monthly Dividend Announcement Savaria Corporation (TSX: SIS), a leader in the accessibility industry, has recently made an exciting announcement regarding its monthly dividend policy. The company declared a dividend of 4.67 cents ($0.0467) per common share, highlighting its dedication to delivering value to its shareholders. Details of the Dividend...
Continue Reading