Cherubim Interests Inc (CHIT)

[FunkyCoolModena]

1-for-15 R/S ?? Then issue 60 million post-split shares???

Why would they do that?

From http://ih.advfn.com/p.php?pid=nmona&article=66653950

"In the restructure, the company effected a 1-for-15 reverse stock split, such that the 83,626,881 outstanding shares of common stock will be reclassified as 5,575,125 shares of new common stock, issued 60 million shares of new common stock to Victura Construction Group in the exchange, amended the Articles of Incorporation to change the name of the Company to "Cherubim Interests, Inc.,", accepted the resignation of director and officer Terry Lynch, and appointed new directors and management to work alongside CEO Patrick Johnson. The company intends to file for a symbol change. Additional information regarding the corporate restructure can be found in the company's Current Report on Form 8-K."