INFORMATION STATEMENT PURSUANT TO SECTION 14 (C)
OF THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box:
[ ] Preliminary information statement
[ X ] Definitive information statement
Confidential, for use of the Commission only (as permitted by Rule 14c-5(d)(2))
PLANET RESOURCES, INC.
(NAME OF COMPANY AS SPECIFIED IN ITS CHARTER)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act
Rules 14c-5(g) and 0-11.
(1) Title of each class of securities to which transaction applies:
Not Applicable.
(2) Aggregate number of securities to which transaction applies:
Not Applicable.
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on
which the filing fee is calculated and state how it was determined):
Not Applicable.
(4) Proposed maximum aggregate value of transaction: Not Applicable.
(5) Total fee paid: Not Applicable.
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11 (a) (2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
(1) Amount Previously Paid: Not Applicable.
(2) Form, Schedule or Registration Statement No. : Not Applicable.
(3) Filing Party: Not Applicable.
(4) Date Filed: Not Applicable.
PLANET RESOURCES, INC.
50 West Broadway, Suite 1100
Salt Lake City, Utah 84101
(801) 350-2017
October 15, 2002
Dear Stockholder:
This Information Statement is being provided to inform you that the
Board of Directors and the holders of a majority of the outstanding common stock
of Planet Resources, Inc., a Delaware corporation (the "Company"), has delivered
to the Company written consent to the following action:
To change the corporate name to CeriStar, Inc.
The action is effective as of the 15th day of October, 2002.
This Information Statement is being provided to you for information
purposes only. Your vote is not required to approve the action. This Information
Statement does not relate to an annual meeting or special meeting in lieu of an
annual meeting. You are not being asked to send a proxy and you are requested
not to send one.
Very truly yours,
/s/David L. Bailey
- --------------------------------
David L. Bailey, President
INFORMATION STATEMENT
OF
PLANET RESOURCES, INC.
NOTICE TO STOCKHOLDERS PURSUANT TO
SECTION 14(c) OF THE SECURITIES EXCHANGE ACT OF 1934
This Information Statement is being furnished to the holders of common
stock, par value $.001 per share (the "Company Common Stock"), of Planet
Resources, Inc., a Delaware corporation (the "Company") to inform you that the
Board of Directors of the Company and the holders of a majority of the
outstanding Company Common Stock have authorized, by written consent dated
August 30, 2002, the board of directors of the Company to change the corporate
name to any name selected by the board of directors. The Board of Directors, by
unanimous consent dated August 30, 2002 authorized a change of the corporate
name to CeriStar, Inc.
- -------------------------------------------------------------------------------
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED NOT TO SEND US A PROXY
- -------------------------------------------------------------------------------
AMENDMENT TO THE CERTIFICATE OF
INCORPORATION TO CHANGE NAME OF COMPANY
Pursuant to the resolution of the holders of a majority of the
outstanding common stock and the Board of Directors, the name of the Company is
changed from "Planet Resources, Inc." to "CeriStar, Inc." The name change will
become effective upon the proper filing of Certificate of Amendment to the
Certificate of Incorporation.
The decision to change the name of the Company was based on the desire
of management for the name of the Company to reflect the Company's present
business purpose.
A COPY OF THE COMPANY'S ANNUAL REPORT ON FORM 10-KSB FOR THE FISCAL
YEAR ENDED JUNE 30, 2002 MAY BE OBTAINED BY WRITTEN REQUEST FROM MR. DAVID L.
BAILEY, PRESIDENT, PLANET RESOURCES, INC., 50 WEST BROADWAY, SUITE 1100, SALT
LAKE CITY, UTAH 84101.