SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2017 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 10 – SUBSEQUENT EVENTS
Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statements were issued, and has determined that no material subsequent events exist other than the following.
On July 27, 2017, the Board of Directors approved a resolution to change the Company’s name to Starco Brands, Inc. and change the trading symbol of the Company to reflect the name change.
On August 9, 2017 our Board of Directors accepted the resignation of Sanford Lang as Chief Executive Officer and President of the Company. Mr. Lang will continue to serve as Chairman of the Board. On that same date, the Board of Directors appointed Ross Sklar, our Director, to serve as Chief Executive Officer and President of the Company. Mr. Sklar has served as a director on our Board since August 13, 2015. He is the founder and current Chief Executive Officer of The Starco Group. |