Tyche Energy Corporation's board of directors have approved the decision to change the company's name to Timberlake Energy Solutions Inc. In addition, the board of directors has approved a reverse split of the company's common stock at a 1 for 3000 ratio to raise venture seed capital. These corporate actions will take effect at the open of business 4/13/2009. The new company trade symbol on this date will be TLKE.
As a result of the reverse split, every three thousand shares of outstanding common stock will be changed into one share of common stock. All fractional shares shall be rounded up to the nearest whole number and shareholders of record on 4/13/09 are required to surrender their existing certificates to the company transfer agent.
The company is pleased to provide shareholders with the following corporate business activity to date:
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