ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On May 18, 2012, our Board of Directors approved a resolution changing our
fiscal year end from June 30 to December 31. This change to a calendar fiscal
year will be effective for the year ended December 31, 2012. Thus, our quarterly
results will be reported for the three month periods ending March 31, June 30
and September 30, 2012. We believe that this change, which is consistent with
the fiscal year of our operating subsidiary, Trunity Inc., which we acquired in
January 2012, will allow the simplification of transaction and reporting
processes to support future growth. Historical results will not be restated.
This change will first be noted on the Company's Form 10-Q Report to be filed
for the quarter ending March 31, 2012.