Navigation Links
United Medicorp, Inc.'s Shareholders Approve All Proposals
Date:9/11/2007

Company Renamed UMC, Inc.

PAMPA, Texas, Sept. 11 /PRNewswire-FirstCall/ -- UMC, Inc. (formerly United Medicorp, Inc.) announced that, at its Special Meeting of Stockholders held May 15, 2007 in Dallas, Texas, shareholders approved the official change of the Company's name to UMC, Inc. Shares of UMC, Inc. began trading on the Pinksheets under its new symbol "UMCN" on September 10, 2007.

In addition, the Company announced that all other proposals voted on at the special meeting of stockholders were also approved by a majority of the shareholders. The approved proposals were to increase in the number of authorized common shares; to eliminate the authorized preferred stock; to create a share repurchase program; and, to ratify and approve agreements and financial transactions with Stevens Financial Group, L.L.C.

The name change became effective on May 15, 2007 upon the filing of an amendment to the company's Articles of Incorporation with the Secretary of State in the state of Delaware where the company is incorporated.

About UMC, Inc.

UMC, Inc., through its affiliates, provides outsourced receivables management and related services to healthcare providers. It also engages in the purchase, collection, and management of portfolios of delinquent and non-performing self-pay medical accounts. For more information visit http://www.umcinc.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause UMC, Inc.'s performance to differ materially. Such risks include, without limitation: changes in trends in the financial services industry; our ability to compete successfully with competitors in the market; our ability to maintain client contracts or to enter into new contracts; uncertainties related to future incentive payments; and, our ability to operate successfully in new lines of business.

CONTACT: Investors, Danniel Stevens, Interim CEO, 806.669.9223


'/>"/>
SOURCE UMC, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Scientists plan human cloning clinic in the United States
2. GlaxoSmithKline to Supply United States with 8 Million flu vaccine, Fluarix
3. United Kingdom Is Lagging In Novelty In The Field Of Pharmaceuticals
4. United Kingdom to perform its first Live Liver Transplant
5. Inhospitable Response Curtail Growth Of Specialty Hospitals: United States
6. United Kingdom: Farmers Cautioned To Plan Adequately For Bird-Flu
7. Bird-Flu Causes Alarm in United Kingdom.
8. 2010 AIDS Target May Misfire, Warns United Nations
9. AIDS Meet Ends Without Firm Commitments From Donors Dharam Shourie United Nations
10. United Nations draws flak Due to Lukewarm AIDS Prevention Measures
11. Chinese Poultry Smuggled into United States
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... The Visiting Nurse Association ... Featuring a collection of specialty vendors and unique items from across the nation, this ... health and wellness services offered by the VNA. The boutique will be open ...
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, ... Development, has been awarded a contract by the Center for Medicare and Medicaid ... to accelerate the enterprise use of Agile methodologies in a consistent and high ...
(Date:10/12/2017)... ... 2017 , ... Planet Fitness, one of the largest and fastest growing franchisors ... a flagship location in Covington, LA at 401 N. U.S. Highway 190, in January ... Office Depot in the Holiday Square shopping center. Its location allows it to serve ...
(Date:10/12/2017)... ... October 12, 2017 , ... Information ... we intend to develop to enable prevention of a major side effect of ... loss, especially in pediatric patients. For cisplatin, hearing loss is FDA listed on-label ...
(Date:10/12/2017)... ... 12, 2017 , ... Women-owned and Grand Rapids-based workplace wellness ... in Wellness® by Best and Brightest. OnSite Wellness will be honored at the ... 7:30 a.m. to 2 p.m. at the Henry Autograph Collection Hotel, located at ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... EXTON, Pa. , Oct. 10, 2017   ... leader in innovative solutions for injectable drug administration, today ... of West,s ID Adapter for improving the intradermal administration ... the Fourth Skin Vaccination Summit in May 2017 by ... Team Lead, Polio Department, World Health Organization (WHO), and ...
(Date:10/5/2017)...  In response to the nationwide opioid epidemic, ... (AAOMS) released prescribing recommendations that urge ibuprofen – ... a first-line therapy to manage a patient,s acute ... Recognizing the value and importance of the ... Acute and Postoperative Pain Management" stresses that practitioners ...
(Date:10/4/2017)...  According to the Centers for Disease Control and Prevention (CDC), ... Urgent Care is helping communities across Massachusetts , ... offering no-cost* flu shots through the end of the month. ... regulations. ... a flu shot is by the end of October, according to the ...
Breaking Medicine Technology: