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Re: gumzsa post# 252857

Friday, 05/29/2015 5:41:46 PM

Friday, May 29, 2015 5:41:46 PM

Post# of 302221
WWIO RS and AS increase a/h what maggots


NO MEETING OF STOCKHOLDERS REQUIRED



We are not soliciting any votes in connection with the Amendment and Reverse Split. The persons that have consented to the Amendment and Reverse Split hold a majority of the Company’s outstanding voting rights and, accordingly, such persons have sufficient voting rights to approve the Amendment and Reverse Split.



REVERSE STOCK SPLIT



On May 18, 2015, our board of directors and the holder of a majority in interest of our voting capital stock approved a 1-for-1,300 reverse split of our common shares. This approval is anticipated to be effective 20 days after this Information Statement has been distributed to our shareholders.



As a result of the Reverse Split, each shareholder of record as of May 18, 2015, will receive one (1) share of common stock for each one thousand three hundred (1,300) shares of common stock they held prior to the Reverse Split, provided however, that fractions of a share shall be rounded up to the nearest whole share and any registered shareholder who would otherwise hold less than 100 shares following the Reverse Split will be rounded up to 100 shares. Consequently, none of our registered shareholders will hold less than 100 shares following the Reverse Split.



Our board of directors believes that the Reverse Split is advisable and in the best interests of the Company and its stockholders to allow the Company to execute a new business plan and position itself to raise additional investment capital, if needed.



AMENDMENT TO THE CERTIFICATE OF FORMATION



We are amending Section 5 of our Certificate of Formation to:



? Increase the authorized common stock from 4 billion to 5 billion;

? adjust the par value of the common stock to $0.00001;

? set the par value of additional designations of preferred stock to $0.00001;



These Amendments to our Certificate of Formation will enable the Company’s board of directors to issue additional shares of common and preferred stock for consideration deemed adequate in exchange for such shares. We have attached a copy of the Amendment to this Information Statement.

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