Bitcoin Generation Inc. (BTGN)

[Slojab]

IT'S OFFICIAL! 1:500 R/S!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8173998

"This Information Statement is being furnished to the stockholders of Inolife Technologies, Inc., a New York corporation (the “Company”), in lieu of a Special Meeting in connection with a proposal to permit the Company to amend its Articles of Incorporation to effect a 1-for-500 reverse stock split of the Common Stock whereby every five hundred shares of Common Stock outstanding will be combined and reduced to one share of Common Stock (the “Recapitalization”).

This Information Statement is being sent in lieu of a special meeting. The Company has adopted the Reverse Split by the written consent of stockholders holding a majority of the voting power of the Company.

At a meeting of the Board of Directors held on September 14, 2011, all the members of the Company’s Board of Directors approved and recommended that the Recapitalization be accepted. The Company’s stockholders holding a majority of the voting power of the Company approved the Recapitalization, pursuant to a written consent dated September 14, 2011 (the "Record Date"). The Company anticipates that the effective date of the Reverse Split will occur on October 24, 2011 (the “Effective Date”). If the Proposals were not adopted by written consent, it would have been required to be considered by the Company’s stockholders at a special or annual stockholders’ meeting convened for the specific purpose of approving the Recapitalization."