Business
Progress Watch Announces Plans to Change Its Name and Ticker Symbol
Progress Watch Announces Plans to Change Its Name and Ticker Symbol.
About this update from Sixty Six Oilfield Services, Inc.
[{"type":"text","content":"\n \n \n Progress Watch Announces Plans to Change Its Name and Ticker Symbol\n \n \nProgress Watch Announces Plans to Change Its Name and Ticker Symbol\n \n TAMPA, FLORIDA--(Marketwired - Jun 2, 2014) - Progress Watch Corporation (PINKSHEETS:PROW) today announced submission of an amendment to change its name to Mobile Broadcasting Holding, Inc. The name change is reflective of the new direction of the Company. It will be effective upon receipt and processing of the amendment by the Nevada Secretary of State. \n \n According to Jackson L. Morris, Chief Executive Officer of Progress Watch Corporation, the effective date of the name change is anticipated to be during the week of May 27, although the amendment will not be processed by the Secretary until several weeks later. As soon as the file and date-stamped amendment is available, the Company will submit an application to the Financial Industry Regulatory Authority (FINRA) for a market announcement of the name change and request for a symbol change, a process that is expected to take a month or more, coupled with a new CUSIP number. \n \n \"We are committed to transforming our Company into a viable technology-based company focused on video streaming content and mobile broadband over 4G and LTE networks,\" said Morris. \"The new name reflects the Company's new mission and provides a platform for future opportunities. We anticipate acquisition of key components of our planned technology in the near future. Launching our new business model and technology, expected later this year, is our key effort at present.\" \n \n The Company Profile has been updated and the March 31, 2014 first quarter report reflecting business and management changes has been published at OTCMarkets.com.\n \n The Company is committed to keeping the investment community updated on the company's progress. \n \n SAFE HARBOR AND INFORMATIONAL STATEMENT\n This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief and expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; ...