HOUSTON, TX--(Marketwired - Jun 4, 2015) - FlashZero Corp (
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.