REAC Group Inc. (REAC)

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From 8K 11/10/14

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Section 5—Corporate Governance and Management

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On November 6, 2013, the Board of Directors recommended and the majority shareholder (holding 65% of the voting shares) voted in favor of increasing the authorized capital of the Company from 950,000,000 (nine-hundred and fifty million) to 5,950,000,000 (five billion nine-hundred and fifty million) shares, to be effective November 10, 2014. No change was made to the number of preferred shares authorized. Accordingly, as of November 10, 2014, the total authorized capital of the Company is comprised of 5,949,900,000 (five billion nine-hundred forty nine million nine hundred thousand) shares of common stock, par value $0.00001 per share; 10,000 (ten thousand) shares of Preferred Stock, Series A, par value $0.0001 per share; and 90,000 (ninety thousand) shares of Preferred Stock, Series B, par value $0.001 per share."