rvd, the Company has already announced the symbol
Post# of 2207
Posted On: 05/23/2012 9:58:38 AM
rvd, the Company has already announced the symbol chamge to CAPC, no secret here.
The Board believes that the Company needs to align its legal name with its trade names and to adopt a new company name that provides the public with a sense of the Company’s business lines. “CHDT Corp.” does not provide the public with any hint of the business of the Company or does not tie the Company name to the trade name of its products.
The Company will seek a new trading symbol for its Common Stock if the amendment to adopt a new Company name is approved by the Common Stock holders. Since the Company’s Common Stock is quoted on The OTC Markets Group, Inc. QB System, the Company can request, but not reserve, a new trading symbol, from the Financial Industry Regulatory Authority or “FINRA.” FINRA selects the new trading symbol and only grants a requested trading symbol if FINRA believes the requested trading symbol is available and does not create any market confusion. Shareholders do not have to approve and are not entitled to vote on a new trading symbol for the Common Stock. The Company intends to request “CAPC” as new trading symbol."
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