To: Francois Goelo who wrote (4271 ) 9/19/1999 6:29:00 PM From: StockDung Read Replies (1) | Respond to of 10354
Oh Francois, one must wonder why ZSUN was promoting DYNATECH CORP NEW, I believe the answer goes way back to 1983. tores, under the name "Snugrest," Mr. Wood said. The shareholders of Dynatec International Inc., at the same time, elected the following new officers and directors; Lyle J. Martinsen, chairman of the board of directors; Donald M. Wood, president; Stewart Martinsen, vice president and director; Frederick R. Jack, vice president; Lynn G. Foster, corporate secretary; Bryant D. Cragun , director; and Willford A. Cardon, director. 2/9/6 (Item 1 from file: 649) 01002980 Supplier Number: 02768944 (THIS IS THE FULL TEXT ) Dynatec Inc. gets new name. PR Newswire , NYPR73 May 20 , 1983 Language: English Record Type: Fulltext Word Count: 314 Line Count: 00029 Text: SALT LAKE CITY, May 20 /PRNewswire/ -- Dynatec International Inc. is the new name of Dynatec Inc., it was announced today by Donald M. Wood, president. The name change, which was made to more fully reflect the scope of the company's operations, was approved by a recent meeting of the shareholders in Salt Lake City. At the meeting the shareholders also approved a reverse split of the company's common shares, on a two-for-one basis, and increased the authorized shares to 100,000,000. (The company's new Cusip number is No. 267907. The transfer agent will remain Intervest Transfer of Salt Lake City.) After the reverse split, Dynatec International Inc. acquired Softalk Inc., a private corporation located in Salt Lake City, as a wholly owned subsidiary for 29,694,523 common shares. After the transaction there is presently 40 million common shares of Dynatec International Inc. issued and outstanding, Mr. Wood stated. Softalk Inc. is engaged in the manufacture and sales of soft telephone shoulder supports. Since 1980, the company has had sales in excess of approximately $5 million. The "Softalk" telephone accessory is marketed through the American Bell Inc. phone centers and office products and stationery stores. The company also manufactures a soft telephone shoulder support which is sold primarily through mass merchandise chain stores, under the name "Snugrest," Mr. Wood said. The shareholders of Dynatec International Inc., at the same time, elected the following new officers and directors; Lyle J. Martinsen, chairman of the board of directors; Donald M. Wood, president; Stewart Martinsen, vice president and director; Frederick R. Jack, vice president; Lynn G. Foster, corporate secretary; Bryant D. Cragun , director; and Willford A. Cardon, director. NOTE TO SECURITY FIRMS: Please adjust your records to indicate the new name of the company and Cusip number which is traded on the over-the-counter market. For the next several days, the "Pink Sheets" may still list the company under the former name. NOTE: Softalk and Snugrest are registered trademarks of Dynatec International Inc. /CONTACT -- Ivens Stanton Associates at 212-599-2550 for Dynatec International/ COPYRIGHT 1983 PR Newswire