Custom Branded Networks Inc. Announces a Special Meeting of Its Shareholders
01 Dicembre 2004 - 5:00PM
PR Newswire (US)
Custom Branded Networks Inc. Announces a Special Meeting of Its
Shareholders NEW YORK, Dec. 1 /PRNewswire-FirstCall/ -- Custom
Branded Networks, Inc. (OTC:CBNK) (BULLETIN BOARD: CBNK) announced
today that its board of directors has called a special meeting of
its shareholders to change the name of the corporation to Novastar
Resources Ltd. which will better reflect the direction upon which
the corporation has now embarked. The company also plans to
increase the authorized capital stock of the corporation. The
increase in authorized capital will allow management to search out
projects and/or assets in the energy and resource sector which the
corporation can acquire by issuing equity capital. The corporation
is actively seeking potential acquisition targets at this time.
Upon approval of an increase in equity capital, the corporation
will also be able to pay a previously announced stock dividend. We
plan for all proper notices to be given so the meeting can be held
prior to year's end. Proxy materials to be distributed to the
shareholders of the corporation in connection with the meeting have
been submitted to and are being reviewed by the United States
Securities and Exchange Commission. Upon completion of the
Commission's review of the proxy materials, the date of the meeting
will be set and the proxy materials, including a notice of the
meeting, will be mailed to all shareholders. The statements
contained in this press release contain certain forward-looking
statements, including statements regarding the company's
expectations, intentions, strategies and beliefs regarding the
future. All statements contained herein are based upon information
available to the company's management as of the date hereof, and
actual results may vary based upon future events, both within and
without the control of the company's management. On Behalf of the
Board Paul G. Carter 604 904 6946 DATASOURCE: Custom Branded
Networks, Inc. CONTACT: Paul G. Carter of Custom Branded Networks,
Inc., +1-604-904-6946
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