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:6/26/2016)... North Carolina (PRWEB) , ... June 26, 2016 , ... ... release of a new product that was developed to enhance the health of felines. ... for centuries. , The two main herbs in the PawPaws Cat Kidney Support ...
(Date:6/25/2016)... ... , ... The temporary closing of Bruton Memorial Library on June 21 due to a possible ... often overlooked aspect of head lice: the parasite’s ability to live away from a human ... but a necessary one in the event that lice have simply gotten out of control. ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... ... June 24, 2016 , ... Marcy was in a crisis. Her son James, eight, ... at his family verbally and physically. , “When something upset him, he couldn’t control his ... it. He would throw rocks at my other children and say he was going to ...
(Date:6/24/2016)... ... ... BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business for a ... an hour by 2020 and then adjusting it yearly to increase at the same rate ... assure the wage floor does not erode again, and make future increases more predictable. , ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
(Date:6/23/2016)... -- Bracket , a leading clinical trial technology and ... platform, Bracket eCOA (SM) 6.0, at the 52 nd ... 2016 in Philadelphia , Pennsylvania.  A demonstration ... of its kind to fully integrate with RTSM, will be ... is a flexible platform for electronic clinical outcomes assessments that ...
(Date:6/23/2016)... 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a new affiliate with operations headquartered in ... America . ... ... ... ...
Breaking Medicine Technology: