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:6/26/2016)... ... June 26, 2016 , ... Many women are confused ... endometriosis. These women need a treatment plan to not only alleviate symptoms and ... help for preservation of fertility and ultimately achieving a pregnancy. The specialists at ...
(Date:6/25/2016)... ... 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily ... of Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures ... . Simply select a ProHand generator and drag it above media or text in ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van Mitchell, Secretary of ... award to iHire in recognition of their exemplary accomplishments in worksite health promotion. , ... Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was ...
(Date:6/24/2016)... ... , ... June 19, 2016 is World Sickle Cell Observance Day. In an ... of holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued a ... Cell Disease (SCD) is a disorder of the red blood cells, which can cause ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... ... is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive experience ... Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... Pharma News Issue 52" report to their offering. ... in influenza treatment creates a favourable commercial environment for MedImmune ... growing patient base that will serve to drive considerable growth ... vaccine would serve to cap sales considerably, but development is ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 If ... Leaders Scholarship is any indication, the future is in ... at www.diabetesscholars.org by the Diabetes Scholars Foundation ... the way of academic and community service excellence. ... since 2012, and continues to advocate for people with ...
(Date:6/23/2016)... June 23, 2016  Guerbet announced today that it ... Supplier Horizon Award . One of 12 ... recognized for its support of Premier members through exceptional ... excellence, and commitment to lower costs. ... recognition of our outstanding customer service from Premier," says ...
Breaking Medicine Technology: