Business Context and Reporting Period
This Form 8-K Current Report was filed on June 21, 2017, by Property Management Corporation of America (now FingerMotion, Inc.), a Delaware corporation. The filing details corporate actions approved by shareholders via written consent on September 7, 2016, and effective as of June 21, 2017.
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 structural changes rather than financial performance.
Material Changes
- Reverse Stock Split: Implemented a 1-for-4 reverse stock split of common stock.
- Authorized Share Increase: Increased authorized common stock to 200,000,000 shares.
- Name Change: Changed the company name from Property Management Corporation of America to FingerMotion, Inc.
- Trading Symbol Update: The stock, previously quoted on the OTCQB under ticker FNGRD, will trade under the symbol FNGR starting July 21, 2017, with the "D" suffix removed.
- CUSIP Update: The new CUSIP number for the common stock is 31788K 108.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, or specific risk factors beyond the standard regulatory disclosures. The corporate actions were approved by FINRA and became effective following a 20-day waiting period after shareholder notification.
Investor Verification Checklist
- Verify the new ticker symbol (FNGR) and trading start date (July 21, 2017) on the OTCQB.
- Confirm the new CUSIP number (31788K 108) for trade settlement purposes.
- Review the attached Exhibit 3.1 (Certificate of Amendment) for specific details on the Articles of Incorporation.
- Check subsequent filings for the first financial report under the new corporate name.