China Youth Media, Inc. Announces Shareholder Approval of Reverse Split and Name Change

China Youth Media, Inc. CHYU announced that it has received shareholder approval to effect a reverse stock split of all outstanding shares of common stock at an exchange ratio of one for one hundred ten (1:110) (the “Reverse Split”) and a change of name of the company from “China Youth Media, Inc.” to “Midwest Energy Emissions Corp.” (the “Name Change”). On August 24, 2011, shareholders representing a majority of the voting securities of the company gave their written consent to such actions which, in accordance with SEC regulations, will not become effective until at least 20 days after the mailing of a definitive Information Statement to shareholders which was filed with the SEC on September 15, 2011. Such actions are also subject to notification to and approval by FINRA before deemed effective for trading purposes.
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