January 10, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Geo Point Technologies, Inc. Announces Spin-off

Press Release

January 10, 2013

Geo Point Technologies, Inc. (OTCBB: GNNC) (the “Company”) announced that the record date for the spin-off of its wholly-owned Nevada subsidiary, Geo Point Resources, Inc. (“Geo Point Nevada”), will be January 17, 2013. The S-1 Registrant Statement under which the spin-off of the shares of Geo Point Nevada was registered with the Securities and Exchange Commission and the Utah Division of Securities became effective on January 7, 2013.

The spin-off payment date is subject to Geo Point Nevada’s common stock being accepted for quotations by FINRA on the OTCBB or the OTC Markets, Inc. “Pink Sheets,” following the filing and review of a Form 211 with FINRA by a registered broker-dealer. At that time, the Geo Point Nevada common stock will be issued to the Company’s stockholders entitled to such dividend, in book-entry form.

Notice of the spin-off payment and instructions to the Company’s stockholders will be provided by the Company’s transfer agent on that date. It is not anticipated that there will be any public market for the Geo Point Nevada shares until the spin-off payment date.

Utah Business Social
UB Events View All
Fast 50 Utah Business Event
Aug 27, 2015
The top 50 companies will be selected based on a combination of revenue growth and revenue genera...
Job Summit - POSTPONED UNTIL FALL 2015 Utah Business Event
Sep 24, 2015
NOTE: The date listed below is not secured. We will update as the event gets closer. Thank you ...
Community Events View All
Critical People Management Skills for First-time Managers
Jul 30, 2015
Employers Council, a trusted non-profit employers association, is proud to present Critical Peopl...
Instant Motivation With Your Brain
Jul 30, 2015
Where Could You Use More Motivation? We often get really excited about something and start off ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel