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Replies to #10518 on Reverse Splits

e-ore

03/19/12 6:40 PM

#10592 RE: e-ore #10518

TLDN - Splitting 1 for 10. Raising A/S too. From PRER 14C filed 3/19/12:

"The majority shareholders of the Company holding 13,421,642 shares of Common Stock or 56.64% of the Company (the “Tilden Majority Shareholders”) authorized the following corporate actions: (i) name change of the Company from Tilden Associates, Inc. to Carrier Alliance Holdings, Inc. (the “Name Change”); (ii) increase in the number of authorized shares of capital stock from Thirty Million (30,000,000) shares to Two Hundred Million (200,000,000) shares of capital stock (the “Authorized Share Increase”); (iii) amendment to the articles of incorporation to authorize the creation of Fifty Million (50,000,000) shares of “Blank Check” preferred stock (the “Creation of Preferred Stock”); and (iv) 1 for 10 (1:10) reverse stock split of the Company’s issued and outstanding shares of Common Stock (the “Reverse Stock Split”).

On March 2, 2012, the Board of Directors of the Company (the “Board”) approved, and recommended for approval to the Tilden Majority Shareholders having the power to vote with respect to the Common Stock of the Company, the Name Change, Authorized Share Increase, the Creation of Preferred Stock and the Reverse Stock Split (collectively the “Actions”).

On March 2, 2012, the Tilden Majority Shareholders approved each of the Actions by written consent in lieu of a meeting in accordance with the Delaware General Corporation Law (the “DGCL”). Accordingly, your consent is not required and is not being solicited in connection with the approval of the Actions."