FlashZero Corp Debuts as New Internet Commerce and Communications Venture
04 Juni 2015 - 7:53PM
InvestorsHub NewsWire
The Children's Internet Inc (OTC: CITC) Is Now FlashZero
Corp (OTC PINK: FZRO) Featuring a New Team and Global Ecommerce
Objective
HOUSTON, TX--(NewMediaWire - Jun 4, 2015)
- FlashZero Corp (OTC PINK: FZRO) announced actions to change its name,
business objective and financial structure. The company will pursue
an emerging market for hyper-targeted communications and ecommerce
using handheld devices.
On January 25th, 2015, the Company elected new management and
directors. Dr. Ramiro Jordan joined FlashZero as CEO and Director.
Gary Kimmons will report to Dr. Jordan as President, CFO,
Treasurer, and Chairman. On January 26th, 2015, the Company's
former President, Pamela Stewart, resigned.
Dr. Ramiro Jordan stated, "We have a unique opportunity to
connect and engage in global commerce in a powerful new way. It's
been a dream for many years and I'm pleased that we now have an
opportunity to make it a reality." Dr. Jordan will draw upon his
talent and experience launching innovative international
initiatives to pursue the FlashZero vision. He is the founder of
ISTEC, an international nonprofit organization in Ibero-America
with over 100 universities and millions of members. Dr. Jordan also
holds prestigious positions in business and academia.
FlashZero took steps to revise its identity and capital
structure as its first act of business. On February 9th, 2015, the
Company filed an amendment with the State of Wyoming to change its
name from The Children's Internet Inc to FlashZero Corp. It also
acted to reduce its authorized common shares to 250 million with a
par value of $0.00001 per share and to authorize 25 million
preferred shares with a par value of $0.00001 per share. On March
10th, 2015, FINRA approved a 1-25 reverse split and the Company's
name change.
FlashZero has an office in Houston, Texas with plans to move to
Los Angeles, California as operations ramp up. Please visit the
Company's website at www.flshzro.com for additional
information.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the
statements in this press release are forward-looking statements
that are made pursuant to the safe harbor provisions of the Private
Securities Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause the
company's actual results in future periods to differ materially
from forecasted results. These risks and uncertainties include,
among other things, product price volatility, product demand,
market competition, risk inherent in the company's domestic and
international operations, imprecision in estimating product
reserves and the company's ability to replace and expand its
holdings.
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