APRIL 7th, 2017; THE COMPANY’S PUBLIC PARENT SYNDICATION INC., ANNOUCES THE CONSOLIDATION AND NAME CHANGE TO “Day TradeXchange”;
APRIL 7th, 2017; TWO CORPORATE ACTIONS
NAME CHANGE; Day TradeXchange, Inc.
On April 7th, 2017, the Board of Directors of the parent Company “Syndication Inc.”, in an effort to streamline the marketing, customer services and shareholder recognition, passed resolutions to change the name of the Company to reflect that of its wholly owned subsidiary, “Day TradeXchange, Inc.”. The Board recognized that DTX was the true operating engine of the company and highlighting its success would work to enhance potential shareholder and brand value. Too, it would eliminate the confusion and need to explain the corporate relationships between DTX and SYNJ within the realm of marketing and shareholder valuation.
REVERSE SPLIT; 200 for 1;
On April 7th, 2017, pursuant to the authority granted to take action by unanimous consent pursuant to the Articles of organization of Syndication, Inc. the Board of Directors (the “Directors”) of Syndication Inc., a Delaware corporation (the “Company”), did consent to, ratify, confirm and approve, as of the date of April 7th, 2017 the reverse split of the Common Stock of the Company at a ratio of 200 for 1.