NOTE 1 ORGANIZATION AND CAPITALIZATION
Brampton Crest International, Inc., formerly known as Hamilton-Biophile Companies ("the Company"), a Nevada corporation, was formerly organized as Mehl/Biophil International Corporation. On March 22, 2000, the Company was reorganized as Hamilton-Biophile Companies. Effective November 18, 2004, the Company changed its name to Brampton Crest International, Inc.
The Company filed a Form 10-SB on December 16, 2004, and on May 17, 2005 became a reporting company pursuant to the Securities Exchange Act of 1934, as amended.
Effective March 2, 2007, the Company announced that it had formed a wholly owned subsidiary, White Peak Capital Group, Inc., a Florida corporation (“White Peak”) that would focus on making secured short and medium term loans. Effective July 2007, White Peak changed its name to Laurentian Peak Capital Group (Laurentian). Laurentian’s corporate structure and marketing plan remained the same as it was with White Peak.
Laurentian, as a licensed mortgage lender, sought to develop its loan business through an established network of finance industry contacts developed by its management and by seeking the participation by other originators known to the company management. Laurentian loans were to be both short and medium term, secured by accounts and trade receivables, real estate, credit card receivables, equipment letters of credit and shares of stock. The originators from whom Laurentian were to purchase participations were established companies known to Laurentian management. Currently Laurentian is an inactive Company. Prior to becoming inactive in this line of business, Laurentian made a loan totaling $200,000 to America's Emergency Network, LLC. As a result of this loan transaction, the Company became interested in acquiring AEN.
On March 19, 2008, the Company, America’s Emergency Network, LLC, a Florida limited liability company ("AEN"), Bryan Norcross, in his capacity as a member and representative of the members of America’s Emergency Network, LLC, Max Mayfield, a member of America’s Emergency Network, LLC, Matthew Straeb, a member of the America’s Emergency Network, LLC, Robert Adams, a member of America’s Emergency Network, LLC, and Brampton Acquisition Subsidiary Corp., a Florida corporation and a wholly owned subsidiary of the Company, entered into an Agreement and Plan of Merger whereby America’s Emergency Network, LLC was merged into the Company such that AEN continued as a wholly owned subsidiary corporation of the Company. As a result of this transaction, the Company issued a total of 100,000,000 shares of Common Stock to the former members of AEN. Shortly after the Company's acquisition of AEN, the loan origination business of Laurentian ceased to concentrate the Company's resources on the business of AEN.
America's Emergency Network is designed to link Emergency Operations Centers (EOC's) in cities, towns, counties, school boards, and other government entities with the general public, media outlets, first responders, and other government agencies by syndicating live video streams to subscribing media websites. The system is designed to send live and recorded video feeds of news briefings by emergency coordinators or other public officials issued at any government facility in any location over the internet to the public and the media instantly. The design of the system envisions a satellite component so it will continue to operate before and after disasters, even when telephone, cell phone, and terrestrial internet systems have failed. In addition, during short-fuse emergencies (tanker accidents, bio-hazards, etc.), America's Emergency Network is designed to provide an instant-communications link directly to all subscribing media outlets. In the event that AEN is deployed nationally, critical information would reach the public much sooner since all subscribing media outlets would receive the video feeds at once.
AEN has marketed its video-syndication service, including live and recorded information on hurricane activity, to television and newspaper websites across the country through a third-party. In addition video feeds are distributed on iPhone apps sold through third-party marketing efforts.