Exobox Technologies Corp (EXBX)

[NDebt]

Someone please tell me how this happened? Or Did it???

On November 25, 2014, the Company filed a previously approved amendment to its Articles of Incorporation. The amendment was approved by the Board of Directors and by the majority shareholder acting by consent action... the number of authorized common stock was increased from 500 million to 3,000,000,000 shares; the par value was reduced from $.001 to $.00001 per share

What Board of Directors?

What majority shareholder consent?

Thanks to anyone who can explain this to me.