8-K: Current report filing
Published on October 16, 2008
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported) October
16, 2008
CHINA
YOUTH MEDIA, INC.
(Exact
name of registrant as specified in its charter)
Commission
file number 000-33067
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Delaware
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87-0398271
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(State
or other jurisdiction of incorporation)
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(I.R.S.
Employer Identification
No.)
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4143
Glencoe Avenue Marina Del Rey, CA
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90292
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(310) 728-1450
Digicorp,
Inc.
(Former
name or former address, if changed since last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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|
o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Item
5.03 Amendments
to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
Pursuant
to a Certificate of Amendment to our Certificate of Incorporation filed with
the
State of Delaware and effective as of October 16, 2008, (i) the number of our
authorized shares of Common Stock, par value $.001 per share, of the Company
has
been increased from 60,000,000 to 500,000,000 and the number of our authorized
shares of Preferred Stock, par value $.001 per share, has been increased from
1,000,000 to 2,000,000 (the “Capitalization Amendment”), and (ii) our name has
been changed from “Digicorp, Inc.” to “China Youth Media, Inc.” (the “Corporate
Name Change”).
The
Capitalization Amendment and Corporate Name Change were approved by the Board
of
Directors and by the holders of shares representing a majority of our voting
securities which holders have given their written consent to such actions.
Under
Delaware corporation law, the consent of the holders of a majority of the voting
power is effective as stockholders’ approval. In accordance with the
requirements of the Securities Exchange Act of 1934 and Regulation 14C
promulgated thereunder, an Information Statement was mailed to
stockholders.
Item
8.01 Other
Events.
The
Corporate Name Change described under Item 5.03 became effective with the OTCBB
at the opening of trading on October 16, 2008 under the new stock symbol “CHYU”.
Our new CUSIP number is 16947Y107.
Item
9.01
Financial Statements and Exhibits.
Exhibits:
99.1
Certificate
of Amendment filed with the Secretary of State of Delaware effective
on October
16, 2008
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CHINA
YOUTH MEDIA, INC.
(Registrant)
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| Date: October 16, 2008 | By: | /s/ Jay Rifkin |
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Name: Jay Rifkin |
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Title:
Chief Executive
Officer
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