-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UzVRO2u21u4oL4QtV/v0s49WGo4YVRMtoZlV1zgjbv0W/IonptBhFkIlfhrl9e3z OH0RMp+dlNwn6/QxP9Xmpw== 0001193125-09-219093.txt : 20091030 0001193125-09-219093.hdr.sgml : 20091030 20091030172616 ACCESSION NUMBER: 0001193125-09-219093 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20091030 ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20091030 DATE AS OF CHANGE: 20091030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANT E CORP CENTRAL INDEX KEY: 0000925043 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 880339012 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30983 FILM NUMBER: 091149074 BUSINESS ADDRESS: STREET 1: 1619 MARDON DRIVE CITY: DAYTON STATE: OH ZIP: 45432 BUSINESS PHONE: 9374294288 MAIL ADDRESS: STREET 1: 1619 MARDON DRIVE CITY: DAYTON STATE: OH ZIP: 45432 FORMER COMPANY: FORMER CONFORMED NAME: TWILIGHT PRODUCTIONS LTD DATE OF NAME CHANGE: 20000703 8-K 1 d8k.htm CURRENT REPORT Current Report

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the

Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): October 30, 2009

 

 

ADVANT-E CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-30983   88-0339012

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

2680 Indian Ripple Rd., Dayton, OH   45440
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 937-429-4288

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.

On October 30, 2009, the Board of Directors of Advant-e Corporation adopted a resolution to amend the Company’s Certificate of Incorporation to increase the number of its authorized common shares of stock to 100,000,000. The previously authorized number of shares was 20,000,000. In lieu of a meeting and vote of shareholders, a majority of the Company’s shareholders gave written consent to the amendment.

ITEM 8.01 OTHER EVENTS.

On October 30, 2009, the Board of Directors of Advant-e Corporation authorized a ten-for-one stock split of the Company’s common stock. All shareholders of record on November 30, 2009 will receive ten shares in exchange for each share held on that date.

On October 30, 2009, the Board of Directors of Advant-e Corporation authorized the payment of a cash dividend totaling approximately $2 million ($.03 per share after the aforementioned ten-for-one stock split). The dividend is payable in three installments of $.01 each by no later than December 31, 2009, June 30, 2010, and December 31, 2010.

On October 30, 2009 the Company was informed that its stock trading symbol (formerly AVEE) was changed, pursuant to the Company’s request, to ADVC.

The press release announcing the above described events is attached as an exhibit.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) EXHIBITS.

 

Exhibit

Number

 

Description

  

Method of Filing

3(i)   Amendment to the Articles of Incorporation    Filed herewith
99.1   Company Press Release    Filed herewith


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Advant-e Corporation

(Registrant)

October 30, 2009   By:   /S/    JASON K. WADZINSKI        
    Jason K. Wadzinski
    Chief Executive Officer
EX-3.(I) 2 dex3i.htm AMENDMENT TO THE ARTICLES OF INCORPORATION Amendment to the Articles of Incorporation

Exhibit 3(i)

CERTIFICATE OF AMENDMENT OF CERTIFICATE OF INCORPORATION

OF

ADVANT-E CORPORATION

Advant-e Corporation, a corporation organized and existing under and by virtue of the General Corporation Law of the State of Delaware,

DOES HEREBY CERTIFY:

FIRST: That the Board of Directors of said corporation, by the unanimous written consent of its members, adopted a resolution proposing and declaring advisable the following amendment to the Certificate of Incorporation of said corporation:

RESOLVED, that, upon approval of the shareholders of the Corporation, Article IV of the Corporation’s Certificate of Incorporation be amended to read in its entirety as follows:

“FOURTH. The total number of shares of stock that this corporation is authorized to issue is:

One Hundred Million (100,000,000) Shares with a par value of $.001 per share, amounting to One Hundred Thousand Dollars ($100,000).”

SECOND, that in lieu of a meeting and vote of shareholders, 54.4% of the shareholders has given written consent to said amendment in accordance with the provisions of Section 228 of the General Corporation Law of the State of Delaware.

THIRD, that the aforesaid amendment was duly adopted in accordance with the applicable provisions of Sections 242 and 228 of the General Corporation Law of the State of Delaware.

IN WITNESS WHEREOF, Advant-e Corporation has caused this Certificate to be signed by Jason K. Wadzinski, its President, this 30th day of October, 2009.

 

ADVANT-E CORPORATION

/s/ Jason K. Wadzinski

Jason K. Wadzinski
EX-99.1 3 dex991.htm COMPANY PRESS RELEASE Company Press Release

Exhibit 99.1

LOGO

Company Press Release

Friday, October 30, 2009

 

Advant-e Corporation Announces Ten-for-One Stock Split,

Payment of $2 Million Cash Dividend, and Trading Symbol

Change to ADVC

Shareholders of record as of November 30, 2009 to receive 10 common shares for each share owned; Approximately $2 million cash dividend ($0.03 per common share after stock split) to be paid in three installments of $0.01 per share by December 31, 2009, June 30, 2010 and December 31, 2010; New Trading Symbol to be ADVC starting on November 2, 2009

DAYTON, Ohio, October 30, 2009 — Advant-e Corporation (OTC Bulletin Board: AVEE), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced that its Board of Directors has authorized a ten-for-one stock split of the Company’s common stock. All shareholders of record on November 30, 2009 will receive 10 shares in exchange for each share held on that date. The Company’s Certificate of Incorporation will be amended to increase the number of authorized common shares to 100,000,000 in order to carry out the stock split.

The Board of Directors also declared the payment of $.03 per share (after the ten-for-one stock split) cash dividend, payable in three installments of $.01 each by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The $.03 per share cash dividend, which will total approximately $2 million, is equivalent to a $.30 dividend per share prior to the ten-for-one stock split.

In addition, the Company requested, and was granted, a change to the Company’s trading symbol from AVEE to ADVC effective on Monday, November 2, 2009.

Jason K. Wadzinski, Chairman, Chief Executive Officer, and President, remarked, “The purpose of the cash dividend is to reward the Company’s shareholders, many of whom have been shareholders for a very long time, and to enable them to likely take advantage of favorable Federal income tax treatment that is scheduled to expire at the end of 2010. The cash dividend for shareholders who hold the stock long enough to receive all three installments represents a 21% return on investment based on the most recent closing price of the Company’s stock of $1.39.

“The purpose of the ten-for-one stock split is to increase the number of shares available in the public float to provide the potential for additional market liquidity for our stock”, continued Mr. Wadzinski.

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company’s email is advant-e@edictsystems.com.

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

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-----END PRIVACY-ENHANCED MESSAGE-----