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Guard Dog Inc., a leading provider of identity theft protection services recently announced its plans for a merger by submitting a Letter of Intent that outlines the terms of a corporate merger. The merger is the result of the Guard Dog’s strides and achievements since 2008. These efforts were made as preparatory moves to raise the bar for Guard Dog from the pink sheet market.
The recent announcement of the merger exhibited completion dates for March of this year and there are steps that must be taken to secure the legal statutes for the completion of the merger. The merger outlines corporate restructuring which includes the relocation of the corporate office for Guard Dog Inc., reorganization of the company’s senior level management, and the transfer of company assets and controlling interest.
Details of Guard Dog Corporate Restructuring
The corporate office relocation has already taken place with the additional requirements for the merger under way. Guard Dog has also made efforts to improve the company reporting status which was a positive point for helping with company negotiations as well as the future value of the company. Additionally, the Vice President of Guard Dog Inc. marketing has departed from the company. All of these components are instrumental in making the upgrade of Guard Dog Inc. from the pink sheet market to a higher exchange.
Guard Dog Inc. is a publicly traded company which currently trades under the ticker symbol of GRDO.PK. Further announcements will be temporarily paused until the completion of the merger with both companies agreeing to a quiet phase while the merger is being completed which is expected to be around the middle of March of this year.
Current Share Count
As of the middle of 2010 the authorized share count for Guard Dog Inc. common stock was 1,450,000,000 with the outstanding share count at 649,489,068. The upgrade to higher exchange will help to stabilize the shareholder base and will provide the senior level management with the opportunity for growth in the investment community for Guard Dog Inc.
During December of 2010 Guard Dog Inc. provided a shareholder update for reviewing and finalizing the year-end performance and numbers as well as the progress and current status of the company. The company provided links for investors on the investment portion of the website that provided shareholders with information related to the status of specific company projects as well as the year-end review.
Guard Dog CEO Conference
What appears to be in preparation for the recent announcement of the corporate merger, Guard Dog hosted a CEO teleconference at the beginning of this year to release the financial information to shareholders for Guard Dog Inc. The conference also announced the completion and changes to technical features for the Guard Dog ID identity theft protection service, the announcement of a newly formed advisory board, the possibility of mergers, and previously announced plans to acquire a competitive company.
Recent Improvements in Guard Dog
Recent improvements in Guard Dog’s identity theft protection services include the extension of customer service hours to provide around the clock support 24/7 to its growing membership base, continual upgrade of products and services, staff expansion to accommodate the growing customer base, and additional agents and identity specialists with extensive training to provide quick and accurate information to Guard Dog members.
Guard Dog ID provides identity theft protection services across the US and plans to expand to international countries in the near future. Guard Dog serves individuals and families with protection against identity theft and identity restoration in the event an individual or family fall victim to one of the fastest growing crimes in the US.
