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Re: ShadowSpy69 post# 20199

Friday, 07/18/2014 2:36:44 PM

Friday, July 18, 2014 2:36:44 PM

Post# of 96913
IWEB headed for .0001. But you all just keep buying lol

IWEB is DILUTING YOU ALL to OBLIVION! Here's your sign. IWEB headed for .0001

http://biz.yahoo.com/e/140703/iweb8-k.html

On July 1, 2014, IceWEB, Inc., a Delaware corporation ("Company"), obtained written consent from UnifiedOnline! LLC approving an amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of Common Stock from One Billion (1,000,000,000) shares of Common Stock, par value $0.001 per share, to Five Billion (5,000,000,000) authorized shares of Common Stock, par value $0.001 per share; and to retain the class of its authorized stock known as Preferred Stock, comprised of Ten Million (10,000,000) shares, par value $0.001 per share. Series of the Preferred Stock may be created and issued from time to time, with such designations, preferences, conversion rights, cumulative, relative, participating, optional or other rights, including voting rights, qualifications, limitations or restrictions thereof as shall be stated and expressed in the resolution or resolutions providing for the creation and issuance of such series of Preferred Stock as adopted by the Board of Directors. The Preferred Stock continues to maintain the same designations, preferences, conversion and other rights that existed prior to the amendment to the Certificate of Incorporation.

Following the Certificate of Amendment of Certificate of Incorporation, the total number of shares of all classes of capital stock which the Company shall have the authority to issue is Five Billion Ten Million (5,010,000,000) shares of which Five Billion (5,000,000,000) shares shall be Common Stock, par value $0.001 per share and Ten Million (10,000,000) shares shall be Preferred Stock, par value $0.001 per share.


"A wise man can play tha part of a fool, a fool can never play tha part of a wise man."
All posts are just-my-opinion(JMO) and must be viewed/interpreted as such....

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