The names keep changing, as do the officers, directors, controlling shareholders and business plans. Earlier this year Core Solutions, Inc. was making bold financial predictions for its “human resource outsourcing” business – only to shift directions in March 2003 and declare plans to enter the real estate market.
Then, in April 2003 the Company changed its path again. This time its President and CEO, Christine Favara, resigned and transferred her controlling interest in the Company to an individual named Tina Cowan for $15,000. The Company said it was changing its name to Sunshine Ventures, but didn’t explain what those ventures would be, or where, for that matter, investors could look for that sunshine.
Ms. Favara, apparently was unable to stay away. On May 30th she repurchased control of the Company from Ms. Cowan for $50,000, and the Company announced it would be changing its name – once again – to Christine’s Precious Petals.
As we recently discovered, the Favara sequel didn’t last long. On July 29, 2003 Christine Favara resigned as an officer and director – again - and sold her controlling interest – again. This time the buyer was one Edward Meirs, who agreed to pay Favara $50,000 for her shares (payable in restricted shares of the Company’s stock) and will assume the position as sole officer and director of the Company.
Of course the Company is changing its name – again - this time to Global Business Markets, Inc. A Form 8 K announcing this latest permutation does not describe the business of Global Business Markets.
What’s next? Stay tuned.
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