NaturalNano Inc.

• Public
• US

Dow Jones Description

Cementitious Materials, Inc. was originally incorporated in Idaho on May 6, 1971 as Hall Mountain Silver Mines, Inc. For a period after inception, Hall Mountain was involved in the ownership and operations of certain mining claims. Operations discontinued in 1981 and we remained inactive until approximately 1989. On June 5, 1989 we changed our name to Network Videotex Systems, Inc. and, on November 13, 1989, we changed the name to Wessex International, Inc. On May 22, 1991, we acquired Ocean Express Lines, Inc., a Florida corporation engaged in the business of operating a scheduled steamship between Miami, Florida and ports in the Western Caribbean and Gulf of Mexico. The acquisition was accounted for as a pooling of interest. In connection with the transaction, we changed its name to Ocean Express Lines, Inc. We did not achieve profitable operations and ceased operations in 1992. In 1999, Williams Investments Company prevailed in a lawsuit against Ocean Express Lines to collect certain debts owed it. Williams Investments was granted a judgment against the company in the amount of $10,000 plus interest, which judgment was converted into 13,749,824 shares of our common stock. Williams Investments is principally owned by H. Deworth Williams, currently our President and one of our directors.

Naturalnano President

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