Asta Holdings Corp. (n/k/a CSA Holdings Inc.) Amends and Restates Articles of Incorporation; Announces Change in Fiscal Year End from July 31 to December 31; Announces Board Appointments
On September 3, 2015, the company's Board of Directors unanimously authorized a change in the company's fiscal year end from July 31 to December 31 each year, beginning on January 1, 2016 to coincide with the fiscal year of CSA.
Effective March 25, 2015, Asta Holdings Corp. (n/k/a CSA Holdings Inc.) entered into a merger and exchange agreement with CSA Acquisition Subsidiary, LLC and CSA LLC. On September 4, 2015, concurrently with the closing of the merger and in accordance with the terms of the agreement, as amended, Daniel Williams and Charles Smith were appointed to the company's board of directors. Effective September 3, 2015, George Furlan resigned from his role as a director of the company. Daniel Williams, CEO, President and Director - Mr. Williams, age 37, is the founder of CSA and has been its CEO and President since 2009. Mr. Williams has also been the CEO and President of the company since March 2015. Chuck Smith, age 54, is the Chief Operating Officer and acting Chief Financial Officer for Dixie Brands Inc. since 2014 and is responsible for the day-to-day oversight of company operations, production, sales, finance and long-term strategic planning. Mr. Smith has over twenty five years of experience in a variety of industries. He has a strong financial background, holding the position of Chief Financial Officer for a mid-sized retail apparel chain, has built and managed sales and marketing teams for private and publicly traded technology companies, and has successfully founded two companies, including one in the alcohol beverage industry.