National Health Partners, Inc. (OTC:NHPR) On January 10, 2011, Form 8-K for NATIONAL HEALTH PARTNERS INC: Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Sub: AMENDMENT TO ARTICLES OF INCORPORATION.
They held a special meeting of shareholders on December 28, 2010. At the meeting, shareholders represented in person or by proxy voted to approve amendments to their Articles of Incorporation that read in their entirety as follows: Here are the Articles in Which Amendment have made:
“Article III: The total number of shares of stock which this corporation shall have authority to issue is Two Hundred Fifty Million (250,000,000) with a par value of $.001 per share, all of which shall be shares of common stock.”
“Article V: The purposes of the corporation are to offer a Medical Discount Plan through the corporation’s CAREXPRESS Program and to conduct all other business that is lawful in State of Indiana.”
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information, visit their official website www.nationalhealthpartners.com.
Granite City Food & Brewery Ltd. (Nasdaq:GCFB) announced that it has entered into two agreements: a definitive stock purchase agreement with Concept Development Partners LLC (”CDP”) to provide preferred equity financing; and a definitive stock repurchase agreement with DHW Leasing, L.L.C. (”DHW”), the Company’s major shareholder, to repurchase certain outstanding common equity. Under the stock purchase agreement, CDP will purchase $9.0 million of newly issued convertible preferred stock of the Company. In addition to providing capital for the Company’s growth, the financing will fund the repurchase, pursuant to the stock repurchase agreement, of 3.0 million shares of outstanding common stock of the Company held by DHW, which will result in a change of control of the Company.
Granite City Food & Brewery Ltd. engages in the development and operation of a chain of casual dining restaurants in the United States.
Riverview Bancorp Inc. (Nasdaq:RVSB) reported its net income increased to $579,000, or $0.03 per diluted share, for the third fiscal quarter ended December 31, 2010, compared to a net loss of $1.3 million, or $0.12 per diluted share, for the third fiscal quarter a year ago. For the first nine months of fiscal 2011, Riverview earned $3.5 million, or $0.20 per diluted share, compared to a net loss of $741,000, or $0.07 per diluted share, for the first nine months of fiscal 2010. “We posted our third consecutive profitable quarter, with net interest margin expansion and credit quality improvements,” said Pat Sheaffer, Chairman and CEO. “We have reduced both our non-performing loan and non-performing asset balances while significantly increasing our reserve levels to 103.5% of non-performing loans. Although credit costs remained elevated, we have seen a significant slowdown in new problem loans and we believe that the worst of this credit cycle is behind us.”
Riverview Bancorp, Inc. operates as the holding company for Riverview Community Bank that provides commercial and business banking products and services in Washington and Oregon.
Intricon Corp. (Nasdaq:IIN) a designer, developer, manufacturer and distributor of body-worn devices, announced that it has launched its all-new, patent-pending APT� Open in-the-canal (ITC) hearing aid. Previewed at the European Hearing Aid Acousticians conference in October 2010, APT is a complete, technically advanced hearing aid. “IntriCon has a track record of developing hearing aids that bring proprietary enhancements to the marketplace-the APT continues that tradition,” said Mark S. Gorder, president and chief executive officer of IntriCon. “According to the Better Hearing Institute, an estimated 31.5 million people suffer from hearing difficulty. What’s troubling is that many of these people are reluctant to seek help.
IntriCon Corporation, together with its subsidiaries, engages in the design, development, engineering, and manufacture of body-worn devices worldwide.
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