Monday, March 20, 2017 10:01:27 AM
Q: What matters will BCI stockholders vote on at the Special Meeting?
A: BCI stockholders will vote on the following proposals:
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Proposal 1 — to approve and ratify Mr. George Pursglove as BCI's sole director. Mr. Pursglove will hold office for a one-year term ending on the date of the next succeeding annual meeting of stockholders or until such director's successor shall have been duly elected and qualified (or, if earlier, such director's removal or resignation from BCI's Board of Directors);
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Proposal 2 — approve and ratify Mr. Pursglove's outstanding judgement against Beyond Commerce, Inc., presently totaling $7,812,426.00 (as of March 12, 2017) including principle and accrued interest, and that Mr. Pursglove wants the ability to exchange a portion of his outstanding judgement against Beyond Commerce, Inc. into equity now with the balance over time.;
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Proposal 3 — to ratify the appointment of LJ Soldinger Associates, LLC as BCI's independent registered public accounting firm for the 2017 fiscal year;
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Proposal 4 — approve the filing of all necessary documents pertaining to the reinstatement of BCI with the Over the Counter Markets Group (OTC) or other stock exchanges and the Security and Exchange Commission (SEC); and
transact such other business as may properly come before the Special Meeting and any related adjournments or postponements.
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