NanoStruck Announces Shareholder Approval for Change of Business
Published on by Water Network Research, Official research team of The Water Network in Expansion Stage
NanoStruck Technologies Inc. announced it has received approval for the change of the business to become a platform for the emerging area of alternative finance known as crowdfunding and discontinue its water remediation and tailings processing business.
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The Company’s management deems the change of business to be necessary to deliver improved shareholder returns and long-term shareholder value.
The Company has also received board approval to change the name of the Company to “Fineqia International Inc.” to better reflect the direction of the Company’s business effective August 2, 2016. At this time, the Company’s common shares will remain halted until the Company completes its private placement, debt settlement and change of business.
Source: Nanostruck
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Taxonomy
- Nanotechnology
- Materials
- Nanofiltration