Business Context and Reporting Period
This Form 8-K Current Report was filed by Biozone Pharmaceuticals, Inc. (formerly International Surf Resorts, Inc.) on March 1, 2011. The registrant is incorporated in Nevada and maintains its principal executive offices in Miami, Florida. The report details a corporate name change and a stock split effective in March 2011.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance actions and does not contain financial statements or performance data.
Material Changes
- Corporate Name Change: On March 1, 2011, the company filed a Certificate of Amendment to change its name from "International Surf Resorts, Inc." to "Biozone Pharmaceuticals, Inc."
- Stock Split: The Board of Directors authorized a ten-for-one forward stock split in the form of a dividend. For each share outstanding on the record date of March 11, 2011, shareholders will receive nine additional shares.
- Trading Symbol: A new trading symbol is expected to become effective on March 8, 2011, on the over-the-counter bulletin board.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on financial outlook, specific risks, contingencies, or unusual items. The document is limited to the announcement of the name change and stock split mechanics.
Investor Verification Checklist
- Confirm the effective date of the new trading symbol on the over-the-counter bulletin board (expected March 8, 2011).
- Verify the record date for the ten-for-one stock split (March 11, 2011) and the payment date (March 14, 2011).
- Review the Certificate of Amendment (Exhibit 3.1) to confirm the legal name change from International Surf Resorts, Inc. to Biozone Pharmaceuticals, Inc.
- Check subsequent filings for the first financial report under the new corporate identity to assess the company's operational status.