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Re: trader53 post# 17690

Monday, 07/22/2013 5:35:33 AM

Monday, July 22, 2013 5:35:33 AM

Post# of 244517
GRAS 0.0003 - Risk/Reward Play

Targets 0.0012 / 0.0018
http://www.allotcbb.com/quote.php?symbol=gras

SCHEDULE 14C
on July 15, 2013,
the Board of Directors of the Company
unanimously adopted the following resolutions:

1) To seek shareholder approval
to amend the Company's Articles of Incorporation
to effect a reverse stock split
of the Company's Common Stock

at the sole discretion of the Board of Directors,

to effect a reverse split of the Company's Common Stock
based upon a ratio of not less than one-for fifty (1 for 50)
nor more than one-for-one hundred (1 for 100) shares

at any time prior to June 30, 2014,
with no change in the number of authorized shares.

Thereafter, on July 16, 2013,
pursuant to the By-Laws of the Company and applicable Nevada law, shareholders of the Company
holding 1,083,888,888 shares of Common Stock
and equivalents of the Corporation eligible to vote,
representing approximately 53% of the total securities of the Company eligible to vote, approved this proposal.

This proposal will not become effective
until the date which shall be no sooner than
the expiration of 20 days
after the Information Statement is sent to stockholders
and notification to and approval by FINRA of the same,
but no later than June 30, 2014.

In addition,
notwithstanding approval of this proposal by the shareholders, the Board of Directors may,
in its sole discretion,
determine not to effect, and abandon,
the reverse stock split

without further action by our shareholders.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9401342
http://www.otcmarkets.com/stock/GRAS/filings
http://www.otcmarkets.com/stock/GRAS/company-info
http://stockcharts.com/h-sc/ui?s=GRAS&p=D&yr=0&mn=8&dy=0&id=p90373761829
http://stockcharts.com/h-sc/ui?s=GRAS&p=D&yr=0&mn=3&dy=0&id=p25528796475



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