LAFAYETTE, La. — NuLife Sciences (OTC Pink: NULFD) announced Monday it has received authorization to change its name to Gulf West Security Network. The company also completed the relocation of its headquarters from Newport Beach, Calif., to Lafayette, La., where all corporate activities will originate from a new site within the Park Tower Office Complex.
Correspondingly, Gulf West Security Network also applied to change its stock symbol to GWSN. Final approval of that action is still pending and will not be implemented until after the company’s reverse stock split, according to the announcement. Until then, the company will trade under the ticker symbol NULF-D, with the “D” to be removed 20 business days after the enactment of the reverse.
Louis Resweber
In August, NuLife Sciences entered into a merger agreement with LJR Security Services and its wholly-owned subsidiary, Gulf West Security Network, both based in Lafayette, and both focused on the life-safety and electronic security industry. Then in early October, the company said that it had closed its merger and elected Louis Resweber, the former owner of LJR and Gulf West, as the new chairman, president and CEO of NuLife Sciences.
Going forward the company’s shares will begin trading under its temporary symbol immediately, and its nine-digit, CUSIP (Committee on Uniform Security Identification Procedures) number will change to 40258R105. Looking ahead, Gulf West announced plans to apply for an “up-listing” to the Nasdaq stock market.
“This summer and fall have been a period of dramatic change and positive transformation for our Company, as we have worked to implement an evolution from the ‘life sciences’ to the ‘life safety’ and security industries,” explains Resweber. “Indeed, Gulf West is now fully immersed in the electronic security sector, on both a retail and a wholesale basis.”
Resweber comments that with the completion of the company’s rebranding, Gulf West will eventually have the opportunity to more actively search for new merger and acquisition opportunities.
