Navigation Links
Croff Enterprises, Inc. Closes Merger and Will Change Name to America's Minority Health Network, Inc.
Date:7/27/2009

LOS ANGELES, July 27 /PRNewswire-FirstCall/ -- Croff Enterprises, Inc. (OTC Bulletin Board: COFF) announced today that it has closed on its previously announced merger with America's Minority Health Network, Inc., a development stage corporation that is engaged in providing direct to consumer television programming in medical offices that are focused on delivering health care to members of African-American communities and other minorities located across the United States. AMHN's innovative programming combines increased health education awareness to patients and families visiting their physicians and medical care givers while also delivering targeted advertising that may effectively address community concerns and interests. In connection with the merger, Croff issued 13,693,689 shares of common stock to acquire AMHN, which will continue to operate as a wholly owned subsidiary. After giving effect to a 3 for 1 share split and the return by a shareholder of certain shares of common stock for cancellation by the company, there are a total of 15,215,210 shares of common stock issued and outstanding. Croff announced on July 10, 2009 that the parties signed a definitive merger agreement and that they expected to complete the transaction before July 31, 2009.

The board of directors of Croff also announced following the merger that they intend to notice and call for a special meeting of shareholders to change the name of the corporation to "America's Minority Health Network, Inc."

About Croff:

Croff was incorporated in Utah in 1907 under the name "Croff Mining Company." Croff changed its name to "Croff Oil Company" in 1952, and in 1996 changed its name to the current "Croff Enterprises, Inc." Croff does not currently maintain a website. Croff currently has no business operations or revenue source and has reduced its operations to a minimal level (although it continues to file reports required under the Securities Exchange Act of 1934). As a result, Croff was a "shell company" under the rules of the Securities and Exchange Commission until completion of the merger on July 27, 2009. Following the merger, the business of AMHN has become the sole business of the Company. Consistent with the rules of the SEC, the Company intends to file with the SEC a current report on Form 8-K providing a detailed description of the business, operations, risk and other factors affecting AMHN, management, and financial statements and other information relating to AMHN.

Forward Looking Statements:

This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the pending matters and transactions considered by Croff may not proceed as contemplated, particularly if any conditions to closing are not satisfied, and by all other matters specified in Croff's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. Croff does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Croff's filings with the Securities and Exchange Commission, including its most recent periodic report.


'/>"/>
SOURCE Croff Enterprises, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Croff Enterprises, Inc. Agrees to Merge With Americas Minority Health Network, Inc.
2. Dr. Andrew K. Palmer Joins BMEs (BioMedical Enterprises, Inc.) Board of Directors
3. BME (BioMedical Enterprises, Inc.) Announces U.S. Launch of the OSSArc(TM) Anatomic Residual Compression Implant
4. Coventina Healthcare Enterprises, Inc. is Now ReGear Life Sciences, Inc.
5. BME (BioMedical Enterprises, Inc.) Announces U.S. Launch of the OSSAnchor(TM) Grip Nitinol Soft Tissue Anchor
6. BME (BioMedical Enterprises, Inc.) Announces U.S. Launch of the Barbed OSStaple(TM) (BOSS) Nitinol Implant
7. BioMedical Enterprises, Inc. (BME) Announces the Appointment of Kenneth I. Moch as President and Chief Executive Officer
8. HEI, Inc. Closes on Sale of RFID Division Assets
9. Bally Total Fitness Emerges From Chapter 11 and Closes Transaction with Harbinger Capital Partners Funds
10. Actor Joe Pantoliano Discloses Depression; Talks About His Latest Movie and His Sensitive Side
11. Stryker Discloses Informal Inquiry Made by United States Securities and Exchange Commission
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... ... May 26, 2016 , ... Nike Yoga Camps at East ... practices, arts & crafts, discussions, and games all geared towards enhancing your child’s ... combined backgrounds in kids’ yoga, collegiate sport yoga instruction, and global yoga training. ...
(Date:5/26/2016)... ... May 26, 2016 , ... Eugene Batelli, D.P.M., F.A.C.F.A.S, is ... wonderful accolades and stellar patient reviews, Dr. Batelli continues to be recognized for ... Batelli is a highly trained Podiatric Surgeon who specializes in treating athletes and ...
(Date:5/26/2016)... ... 2016 , ... OncLive® , a leading digital provider ... University of Virginia (UVA) Cancer Center to its quickly expanding Strategic ... will publicize and promote public awareness of UVA Cancer Center’s latest advances in ...
(Date:5/26/2016)... Pittsburgh, PA (PRWEB) , ... May 26, 2016 , ... ... THE PROS WHILE ADDING PROTECTION TO YOUR HEAD ™”. , “We are ... Soccer Team. On the football front we have Brian Quick, wide receiver for Los ...
(Date:5/26/2016)... (PRWEB) , ... May 26, 2016 , ... ... enhance surgical safety efforts for several years, and the efforts have paid off. ... These efforts include new standards of care to enhance perioperative patient experiences and ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... , May 24, 2016 Cirujanos ... para ayudar a los médicos a compartir sus mejores ... a escala mundial. Profesionales médicos de Europa, África, ... han apuntado a la aplicación, que combina la transmisión ... entorno totalmente seguro. Educación   "Imagine ...
(Date:5/24/2016)... 24, 2016 ARANZ Medical  Ltd ... healthcare sector, has been named the Coretex Hi-Tech Emerging Company ... Dr Bruce Davey , CEO of ARANZ ...  It,s really good to be recognised for the work we ... are used in 35 countries around the world from Sub-Saharan ...
(Date:5/24/2016)... KONG , May 24, 2016 ... , the world , s first ... AV fistula intervention   OrbusNeich, a global ... has expanded its portfolio to include products to treat ... are the company,s first entry devices for lower limb ...
Breaking Medicine Technology: