As reported on its Form 8-K filed with the Securities and Exchange Commission on August 2, 2012 (the "Prior 8-K"), the shareholders of Mericol, Inc. (the "Company") approved proposals to effect certain corporate actions, including a change of the Company's name from "Mericol, Inc." to "Maxwell Resources, Inc.", a forward split of the Company's common stock, the authorization of 10 million shares of blank check preferred stock, of which 2.4 million will be designated as the Company's Series A Preferred Stock, par value $0.001, the adoption of a provision to opt out of Nevada Revised Statutes §§78.378 to 78.3793 inclusive, and to adopt a form of amended and restated articles of incorporation to effect the above changes.

On August 22, 2012, the Company filed its amended and restated articles with the Nevada Secretary of State to effect the corporate actions described above. A copy of the Company's amended and restated articles were filed as Exhibit 3.1 of the Prior 8-K, which is incorporated herein by reference.

On August 24, 2012, the Financial Industry Regulatory Authority ("FINRA") notified the Company that it has approved the Company's name change from "Mericol, Inc." to "Maxwell Resources, Inc." and the issuance of a stock dividend on the outstanding shares Company's common stock, having the effect of a forward-split. The name change is expected to be announced on September 4, 2012, with an effective date of September 5, 2012. The new symbol for the Company will be "MAXE."

The stock dividend was announced on August 24, 2012 and was effected on August 27, 2012. Each shareholder of record as of August 10, 2012 was issued an additional 10.68 shares of common stock for each share of common stock held prior to the dividend, the effect of which was a forward-split of the Company's common stock at a ratio of 11.68-for-1.

(c) Exhibits

EXHIBIT NO. IDENTIFICATION OF EXHIBIT
3.1         Form of Amended and Restated Articles, incorporated by reference to
            Exhibit 3.1 of the Company's Current Report on Form 8-K filed with the
            Securities Exchange Commission on August 2, 2012.