Reverse Splits

[e-ore]

WWAG - Splitting 1 for 100 as part of share exchange agreement

"WWAG further agrees that concurrently with the closing will authorize a one hundred-to-one reverse stock split for its Common Shares"

http://archive.fast-edgar.com//20150204/AM2ZD22CZ222D2W2222G22D2LAANZK227M72/

[sludgehound]

SHIP Nas warn & may R/S
Close .78 b 0.50 / a 1.08 -0.048
Baltic dry bulk index was down again am 557-2.2% lifetime low.

Seanergy Maritime Holdings Corp. Announces Receipt of Nasdaq Notice
Marketwired
February 03, 2015: 04:02 PM ET

Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP) announced today it has received written notification from The Nasdaq Stock Market ("Nasdaq") dated January 28, 2015, indicating that because the closing bid price of the Company's common stock for 30 consecutive business days, from December 12, 2014 to January 27, 2015, was below the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Capital Market, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until July 27, 2015.

The Company intends to monitor the closing bid price of its common stock between now and July 27, 2015 and is considering its options, including a reverse stock split, in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period. In the event the Company does not regain compliance within the 180-day grace period and it meets all other listing standards and requirements, the Company may be eligible for additional 180-day grace period.

The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on the Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.

About Seanergy Maritime Holdings Corp.

Seanergy Maritime Holdings Corp. is a Marshall Islands corporation with its executive offices in Athens, Greece. The Company is engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk carriers.

Upon closing of the previously announced agreed 2001 built Capesize acquisition, the Company will own one Capesize bulk carrier of approximately 171,000 dwt. According to the Company's business plan, Seanergy is continuously reviewing the market in order to identify further suitable vessel acquisitions.

The Company's common stock trades on the Nasdaq Capital Market under the symbol "SHIP".

[cintrix]

02/04/2015 SSNT 1:30 r/s SilverSun Technologies, Inc. Common Stock

[Bazooka Shark]

MELY 1:1000 @fancypants991


Proxy Statement - Other Information (preliminary) (pre 14c)
Date : 02/02/2015 @ 1:28PM
Source : Edgar (US Regulatory)
Stock : Microelectronics Technology Co. (PC) (MELY)
Quote : 0.0001 0.0 (0.00%) @ 7:57AM
Proxy Statement - Other Information (preliminary) (pre 14c)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14C INFORMATION STATEMENT
February 2, 2015

Information Statement Pursuant to Section 14(c)
of the Securities Exchange Act of 1934

S Filed by the registrant
Filed by a party other than the registrant

ý
Preliminary Information Statement


o
Confidential, for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))


o
Definitive Information Statement

MICROELECTRONICS TECHNOLOGY COMPANY
(Name of Registrant as Specified In Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):
ý
No fee required.
o
Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.


1)
Title of each class of Securities to which transaction applies:
_________________________________________________

2)
Aggregate number of securities to which transaction applies:
__________________________________________________

3)
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
___________________________________________________

4)
Proposed maximum aggregate value of transaction :
___________________________________________________

5)
Total fee paid:




£ Fee paid previously with preliminary materials.
£ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.
3) Filing Party:
4) Date Filed:

We Are Not Asking You for a Proxy and You are Requested Not To Send Us a Proxy.

Microelectronics Technology Company
1516 E. Tropicana Avenue
Suite 155
Las Vegas, Nevada 89119

Dear Microelectronics Technology Company Stockholders:

NOTICE IS HEREBY GIVEN THAT on January15, 2015, the Board of Directors (a sole director) of Microelectronics Technology Company, a Nevada corporation (hereinafter the “Company,” “we,” “our”), approved the following action:

To authorize a 1 for 1,000 reverse split of the Company’s outstanding shares of common stock.

The Company obtained the written consent ofa stockholderholding 1,000 issued and outstanding shares of the Company’s Series B Voting Preferred Stock, which is equal to approximately 99% of the voting power of the Company’s outstanding capital stock, as of January 15, 2015 (the “Majority Stockholder”), to effect that reverse stock split (the “Reverse Split”). Pursuant to Rule 14c-2 promulgated pursuant to the Securities Exchange Act of 1934, as amended, the Reverse Split will not be effective until twenty (20) days after the date a Definitive Information Statement is filed with the Securities and Exchange Commission and a copy thereof is mailed to each of the Company’s stockholders.Notwithstanding the foregoing, we must notify the Financial Industry Regulatory Authority of the Reverse Split by filing the Issuer Company Related Action Notification Form no later than ten (10) days prior to the anticipated effective date of the Reverse Split.

Our Series B Voting Preferred Stock was created by written consent of the Board of Directors of the Company (a sole director) (the “Board”) as permitted by the Company’s Articles of Incorporation, as amended and which may be amended from time to time, and each share of that Series B Preferred Stock has the equivalent vote equal to 4 times the number of shares of our issued and outstanding Common Stock (the “Common Stock”). Currently, there is one holder of Series BVoting Preferred Stock which holds 1,000 shares of our Series BVoting Preferred Stock, resulting in the Majority Stockholder holding, in the aggregate, approximately 99% of the total voting power of all issued and outstanding voting capital stock of the Company. Accordingly, your consent is not required and is not being solicited in connection with the approval of the Reverse Split.

THE REVERSE SPLIT HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION PASSED UPON THE FAIRNESS OR MERIT OF THE REVERSE SPLIT NOR UPON THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED IN THIS INFORMATION STATEMENT.ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

THIS IS NOT A NOTICE OF A SPECIAL MEETING OF STOCKHOLDERS, AND NO STOCKHOLDER MEETING WILL BE HELD TO CONSIDER THE REVERSE SPLIT. WE ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY. THE ACCOMPANYING MATERIAL IS BEING SENT TO YOU FOR INFORMATIONAL PURPOSES ONLY.

No action is required by you. The accompanying Information Statement is furnished only to inform our stockholders of the Reverse Split before it occurs, in accordance with the requirements of United States federal securities laws. This Information Statement is being mailed on or about February 13, 2015 to all of the Company’s stockholders of record as of the close of business on January 31, 2015.


By Order of the Board of Directors.

/s/__Brett Everett____________
Name: Brett Everett
Title: Chief Executive Officer


INFORMATION STATEMENT
PURSUANT TO SECTION 14(C) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND
REGULATION 14C PURSUANT THERETO

February 2, 2015

MICROELECTRONICS TECHNOLOGY COMPANY
1516 E. Tropicana Avenue
Suite 155
Las Vegas, Nevada 89119

This Information Statement is distributed to inform our stockholders of action taken without a meeting by the written consent of the holder of a majority of the outstanding voting power of the Company.

THE REVERSE SPLIT HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION PASSED UPON THE FAIRNESS OR MERIT OF THE REVERSE SPLIT NOR UPON THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED IN THIS INFORMATION STATEMENT. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

WE ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY

This Information Statement has been filed with the Securities and Exchange Commission (the “Commission”) and is being furnished by the Board of Directors (a sole director) of Microelectronics Technology Company, a Nevada corporation (the “Company”) (the “Board”), to the holders of record at the close of business on January 31, 2015 of the Company’s outstanding capital shares, par value $0.0001, pursuant to Rule 14c-2 promulgated pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), andSection 78.320 of the Nevada Revised Statutes.

The cost of preparing and furnishing this Information Statement will be paid by the Company. We will mail this Information Statement to our registered stockholders and certain beneficial stockholders,when requested by brokerage houses, nominees, custodians, fiduciaries and other similar parties.

This Information Statement informs stockholders of the 1 for 1,000 reverse stock split(the “Reverse Split”) approved by written consent by the Board and a stockholder holding1,000 issued and outstanding shares of the Company’s Series B Voting Preferred Stock, which was equal to approximately99% of the voting power of the Company’s outstanding capital stock on January 15, 2015 (the “Majority Shareholder”).

Accordingly, all necessary corporate approvals to effectuate the Reverse Split have been obtained. The Company is not seeking approval from its remaining stockholders. This Information Statement is furnished solely for the purpose of informing our stockholders, in the manner required pursuant to the Exchange Act and the Nevada Revised Statutes of the Reverse Split. Pursuant to Section 14(c) of the Exchange Act and Rule 14c-2 promulgated pursuant thereto, the Reverse Split will not be effective until twenty (20) days after the date a Definitive Information Statement is filed with the Commission and a copy thereof is mailed to each of our stockholders. The Reverse Split is expected to become effective on or after March 6,2015, or such later date as all conditions and requirements to effectuate the Reverse Split are satisfied. Therefore, this Information Statement is being sent to you for informational purposes only.Notwithstanding the foregoing, we must notify the Financial Industry Regulatory Authority of the Reverse Split by filing the Issuer Company Related Action Notification Form no later than ten (10) days prior to the anticipated effective date of the Reverse Split.















































THIS IS NOT A NOTICE OF A SPECIAL MEETING OF STOCKHOLDERS, AND NO STOCKHOLDER MEETING WILL BE HELD TO CONSIDER THE REVERSE SPLIT. WE ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY.

The Company’s stockholders as of the record date are being furnished copies of this Information Statement. This Information Statement is first being mailed or furnished to our stockholders on or about February 13, 2015.

Pursuant to Rule 14c-2 promulgated pursuant to the Exchange Act, the Reverse Split may not be effected until at least twenty (20) calendar days after the mailing of the Definitive Information Statement to the Company’s shareholders. Notwithstanding the foregoing, we must notify the Financial Industry Regulatory Authority of the Reverse Split by filing the Issuer Company Related Action Notification Form no later than ten (10) days prior to the anticipated effective date of the Reverse Split.

NOTICE OF ACTION TAKEN PURSUANT TO THE WRITTEN CONSENT OF A STOCKHOLDER HOLDING A MAJORITY OF THE VOTING POWER OF THE OUTSTANDING CAPITAL STOCK OF MICROELECTRONICS TECHNOLOGY COMPANY, DATED JANUARY 15, 2015, IN LIEU OF A SPECIAL MEETING OF THE STOCKHOLDERS.

TO OUR STOCKHOLDERS:

NOTICE IS HEREBY GIVEN that, on January 15, 2015, the Company obtained the written consent of its Board of Directors (a sole director) (the “Board”)and the written consent of a stockholder holding1,000sharesof our Series B Voting Preferred Stock representing 99% of the voting power of our outstanding capital stock (the “Majority Stockholder”) to effectuate a 1 for 1,000 reverse split of all of the outstanding shares of our common stock (the “Reverse Split”).

FORWARD-LOOKING STATEMENTS

This Information Statement and the documents to which we refer you in this Information Statement may contain forward-looking statements that involve numerous risks and uncertainties which may be difficult to predict. The statements contained in this Information Statement that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, including, without limitation, the management of the Company and the Company’s expectations, beliefs, strategies, objectives, plans, intentions and similar matters. All forward-looking statements included in this Information Statement are based on information available to the Company on the date hereof. In some cases, you can identify forward-looking statements by terminology such as “may,” “can,” “will,” “should,” “could,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “targets,” “goals,” “projects,” “outlook,” “continue,” “preliminary,” “guidance,” or variations of such words, similar expressions, or the negative of these terms or other comparable terminology.

Forward-looking statements involve a number of risks and uncertainties, and actual results or events may differ materially from those projected or implied in those statements.

We caution against placing undue reliance on forward-looking statements, which contemplate our current beliefs and are based on information currently available to us as of the date a particular forward-looking statement is made. Any and all such forward-looking statements are as of the date of this Information Statement. We undertake no obligation to revise such forward-looking statements to accommodate future events, changes in circumstances, or changes in beliefs, except as required by law. In the event that we do update any forward-looking statements, no inference should be made that we will make additional updates with respect to that particular forward-looking statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements may appear in the Company’s public filings with the SEC, which are available to the public at the SEC’s website at www.sec.gov. For additional information, please see the section titled “Where You Can Obtain Additional Information” below.

ACTION BY BOARD OF DIRECTORS AND CONSENTING STOCKHOLDER

In accordance with Section 78.315 of the Nevada Revised Statutes, as amended (the “NRS”), on January 15, 2015, by written consent, the Board adopted resolutions approving an amendment to our Articles of Incorporation, as amended to date (the “Articles of Incorporation”) to effect the Reverse Split.

To obtain the approval of our stockholder for the Reverse Split, we could have convened a special meeting of our stockholders for the specific purpose of voting on the Reverse Split. However, Section 78.320 of the NRS provides that any action that may be taken at any annual or special meeting of our stockholders may be taken without a meeting and without prior notice if a consent in writing setting forth the action taken is signed by the holders of outstanding shares of voting capital stock having not less than the minimum number of votes that would be necessary to take such action. To eliminate the costs and management time involved in holding a meeting and obtaining proxies and effect the Reverse Split as early as possible in order to accomplish the purposes hereafter described, we elected to utilize the written consent of the Majority Stockholder.

INTRODUCTION

Microelectronics Technology Company, a Nevada corporation with principal executive offices located at 1516 E. Tropicana Avenue, Suite 155, Las Vegas, Nevada 89119 (the “Company”),is providing this Information Statement to you. We encourage you to read this entire Information Statementcarefully, any exhibits attached hereto and the documents referred to in this Information Statement. You may obtain additional information about the Company by following the instructions in “Where You Can Obtain Additional Information” below.

The Board and Majority Shareholder have authorized the Reverse Split. Any fractional shares will be rounded up to the next whole number. Stockholders have no rights pursuant to the NRS, the Company’s Articles of Incorporation, or the Company’s Bylaws, to exercise dissenters’ rights of appraisal with respect to the Reverse Split.

The Board believes the Reverse Split is necessary and advisable in order to maintain the Company’s financing and capital raising ability, comply with the terms and conditions of certain debt instruments and generally maintain our flexibility in today’s competitive and rapidly changing environment.

Accordingly, it is the Board’s opinion that the Reverse Split would better position the Company to comply with its contractual obligations, to attract potential business candidates and provide our stockholders a greater potential return.

The NRS provide that the written consent of the holders of outstanding shares of voting capital stock having not less than the minimum number of votes which would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted can approve an action in lieu of conducting a special stockholders' meeting convened for the specific purpose of such action. The NRS, however, require that in the event an action is approved by written consent, a company must provide prompt notice of the taking of any corporate action without a meeting to the stockholders of record who have not consented in writing to such action and who, if the action had been taken at a meeting, would have been entitled to notice of the meeting if the record date for such meeting had been the date that written consents signed by a sufficient number of holders to take the action were delivered to the company. Accordingly, this Information Statement is to provide that notice.

This Information Statement contains a brief summary of the material aspects of the Reverse Split, approved by the Board and the Majority Stockholder.

OUTSTANDING SHARES AND VOTING RIGHTS

As of the date of this Information Statement, the Company’s authorized capitalization consisted of (i) 7,500,000,000shares of common stock, of which 6,702,841,204 shares were issued and outstanding, and (ii) 50,000,000 shares of preferred stock, of which (a) 110,000 shares of Class A Non-Voting Convertible Preferred Stock are issued and outstanding and(b) 1,000 shares of Series B Voting Preferred Stock are issued and outstanding.

Common Stock

Each share of the Company’s common stock entitles its holder to one vote on each matter submitted to the Company’s stockholders. Each share of the Company’s Series B Voting Preferred Stock entitles its holder to votes equal to and counted as 4 times the votes of all of the shares of the Company’s (i) common stock and (ii) other voting preferred stock issued and outstanding on the date of the vote or consent of each matter submitted to the Company’s stockholders. However, because the Majority Stockholder has consented to the Reverse Split by written consent dated January 15, 2015, in lieu of a special meeting in accordance with Section 78.320 of the NRS, no other stockholder vote or consent will be solicited in connection with the Reverse Split.

Class A Non-Voting Preferred Stock

The holders of the Class A Non-Voting Convertible Preferred Stock have no voting rights. Each share of the Class A Non-Voting Convertible Preferred Stock is convertible, during that period that begins on January 15, 2016, and terminates on February 15, 2016, at the option of the holder thereof, into one share of the Company’s common stock.

Series B Voting Preferred Stock

On November 20, 2014, by unanimous written consent of the Board (as permitted pursuant to Nevada law), the number, designation, rights, preferences and privileges of the Series B Voting Preferred Stock were established by the Board (as is permitted pursuant to Nevada law).

On January 13, 2015, the Company filed a Certificate of Designation with the Secretary of State of the State of Nevada(the “Certificate of Designation”) pursuant to which the Company set forth the voting powers, designations, preferences and relative rights of the Series BVoting Preferred Stock.

Among other things, each share of Series B Voting Preferred Stock has voting rights equal to and counted as 4 times the votes of all of the shares of the Company’s (i) common stock and (ii) other voting preferred stock issued and outstanding on the date of the vote or consent of each matter submitted to the Company’s stockholders. For purposes of illustration only, if the total issued and outstanding shares of our Common Stock eligible to vote on the dates of a particular vote is 5,000,000, the voting rights of one share of the Series B Voting Preferred Stock is equal to 20,000,000.

By written consent of the Board, the Company issued 1,000 shares of Series B Voting Preferred Stock to the Majority Stockholder. As a result of the voting rights granted to the Series B Voting Preferred Stock, the Majority Stockholder held approximately 99% of the total voting power of all issued and outstanding voting capital stock of the Company on January 15, 2015.

As of January 15, 2015, there were issued and outstanding (i)6,402,841,204 shares of Common Stock; (ii) 110,000 shares of Class A Non-Voting Preferred Stock; and(iii) 1,000 shares of Series B Voting Preferred Stock.

Based on the foregoing, as of January 15, 2015, the total aggregate amount of votes entitled to vote regarding the approval of the Reverse Split was 25,617,767,657,204. Pursuant to the NRS at least a majority of the voting equity of the Company, or at least 12,808,883,828,603 votes are required to approve the Reverse Split by written consent. The Majority Stockholder, which held 25,611,364,816,000 votes equal to approximately 99% of the voting equity of the Company, has voted in favor of the Reverse Split, thereby satisfying the requirement pursuant to the NRS that at least a majority of the voting equity vote in favor of a corporate action by written consent.

The following table sets forth the name of the holder of Series B Voting Preferred Stock, the number of shares of Series B Voting Preferred Stock held by such holder, the total number of votes that such holder voted in favor of the Reverse Split and the percentage of the issued and outstanding voting equity of the Company that voted in favor thereof:

Name of Series B Voting Stockholder
Number of Shares of Series B Voting Preferred Stock held
Number of Votes held by such Series B Voting Stockholder
Number of Votes that Voted in favor of the Reverse Split
Percentage of the Voting Equity that Voted in favor of the Reverse Split













Rancho Capital Management, Inc., a Colorado corporation(1)
1,000
25,611,364,816,000
25,611,364,816,000
99%





(1)James Powell is the president, sole director and sole shareholder of Rancho Capital Management, Inc. Except as president, sole director and sole shareholder of Rancho Capital Management, Inc., Mr. Powell does not have any other ownership interest in the Company. There exists no other relationship or arrangement between Mr. Powell and the Company.
REASON FOR REVERSE SPLIT
The Board believes the Reverse Split is necessary and advisable in order to maintain financing and capital raising ability, comply with the terms and conditions of certain financial commitments and related debt instruments and,generally, maintain flexibility in today’s competitive and rapidly changing environment.

The Reverse Split will have the effect of creating newly authorized shares of our common stock. Any issuance of additional shares of our common stock would probably have the effect of diluting the earnings per share and book value per share of outstanding shares of common stock. Any additional shares of our common stock, when issued, would have the same rights and preferences as the shares of common stock presently outstanding. Additional shares of our common stock will be available for issuance by the Board for stock splits or stock dividends, acquisitions, raising additional capital, conversion of debt to equity, stock options, or other corporate purposes. The Company does not anticipate that it would seek authorization from its stockholders for issuance of such shares, unless required by applicable law.

An immediate purpose for the Reverse Split is to provide enough shares of our common stock required to satisfy certain financial commitments evidenced by our convertible debt instruments. The Board determined that the settlement of these outstanding financial commitments could exceed our authorized shares of common stock.

We can provide no assurance that we will not be required to settle all or a portion of our financial commitments prior to effectiveness of the Reverse Split. If we were required to do so, we would be in default pursuant to certain outstanding convertible debt instruments, which could cause the full principal amount of those certain instruments, together with interest and other amounts owing in respect thereof, to the date of acceleration to become, at the holder’s election, immediately due and payable, which could have a materially adverse effect on our business.

There is no assurance that any effect on the price of the Company's common stock will result, or that the market price for the Company's common stock, immediately or shortly after the Reverse Split becomes effective, will increase, or that any increase which may occur will be sustained.The Company cannot control the market's reaction. Further, there can be no assurance that an increased market price, if it occurs as a result of the Reverse Split, will encourage more broker-dealers or investors to become involved in the Company's common stock.

The Board believes that the Reverse Split and any resulting increase per share price of our common stock could also enhance the acceptability and marketability of our common stock to the financial community and investing public. Many institutional investors have policies prohibiting them from holding lower-priced stocks in their portfolios, which reduces the number of potential buyers of our common stock. Additionally, analysts at many brokerage firms are reluctant to recommend lower-priced stocks to their clients or monitor the activity of lower-priced stocks. Brokerage houses also frequently have internal practices and policies that discourage individual brokers from dealing in lower-priced stocks due to, among other reasons, the trading volatility often associated with lower-priced stocks. Some of those policies and practices may function to make the processing of trades in low-priced stocks economically unattractive to brokers. Further, because brokers’ commissions on lower-priced stock generally represent a higher percentage of the stock price than commissions on higher priced stock, investors in lower-priced stocks pay transaction costs which are a higher percentage of their total share value, which may limit the willingness of individual investors and institutions to purchase our common stock.

Potential investors who might consider making investments in the Company may be unwilling to do so when the Company has a large number of shares issued and outstanding with little or no stockholders' equity. In other words, the "dilution" which new investors could experience could discourage them from investing. A reduction in the total outstanding shares of our common stock may, without any assurance, make the Company's capitalization structure more attractive.

For these reasons, the Board has chosen to adopt and recommend the Reverse Split. The Company is not, however, a party to any binding agreement, acquisition agreement or agreement to raise additional working capital, nor can we be certain that the Reverse Split will have a long-term positive effect on the market price of our common stock or increase the Company’s abilities to enter into financing arrangements in the future.

EFFECT OF THE REVERSE SPLIT

The principal effect of the Reverse Split will be the reduction in the number of shares of our common stock issued and outstanding on the effective date of the Reverse Split, from 6,702,841,204shares, as of the effective date, to approximately 6,702,841 shares (without giving effect to the conversion of the then outstanding convertible indebtedness) depending on the number of whole shares issuable for fractional shares resulting from the Reverse Split).

The Reverse Split will affect all of our common stockholders uniformly.The Reverse Split, however, will adversely affect our common stockholders percentage ownership interests in the Company and their proportionate voting power, as the number of shares of the Series B Voting Preferred Stock, the shares of the Class A Non-Voting Convertible Preferred Stock and Series C Non-Voting Convertible Preferred Stock will not be decreased. Accordingly, the Reverse Split will dilute the equity interests and earnings per share of the existing holders of our common stock.The shares of our common stock issued pursuant to the Reverse Split will remain fully paid and non-assessable. The Reverse Split will not increase or decrease the market capitalization of the Company, although the capitalization will increase upon the conversion of indebtedness. The Reverse Split is not intended as, and will not have the effect of, a “going private transaction” under Rule 13e-3 of the Exchange Act.

The other primary effect of the Reverse Split will be to provide us with additional shares of common stock that will be available for various corporate purposes. We may use the shares of our common stock for, among other things:


·
raising working capital through equity issuances;


·
providing equity incentives to employees, officers or directors;


·
establishing strategic relationships with other companies;


·
expanding our business through acquisitions and other investment opportunities;


·
paying existing and future obligations and commitments; and


·
for general corporate purposes.

Other than the shares of our common stock issuable upon conversion of the indebtedness, we have no definitive plans or arrangements to issue any such shares, although we evaluate, from time to time, potential transactions that may result in the issuance of such shares. The Board believes that it is advisable and in our best interests to have available additional authorized but unissued shares of common stock adequate to provide for our future needs. The unissued shares of our common stock will be available for issuance from time to time as may be deemed advisable or required for various purposes, including the issuance of shares in connection with financing or acquisition transactions.

The history of similar reverse stock splits for companies in similar circumstances is varied. If the ReverseSplit is effected and the market price of our common stock declines, the percentage decline as an absolute number and as a percentage of the Company’s overall market capitalization may be greater than would occur in the absence of the Reverse Split.

Theliquidity of our common stock could be affected adversely by the decreased number of shares of our common stock outstanding after the Reverse Split. Although the Board believes that a higher stock price could help generate investor interest and increased volume in trading of our common stock, there can be no assurance that the Reverse Split will result in a per share price that will attract institutional investors or investment funds, or that such share price will satisfy the investing guidelines of institutional investors or investment funds. As a result, the decreased liquidity that may result from having fewer shares issued and outstanding may not be offset by increased investor interest in our common stock.

The Reverse Split will increase the number of shareholders who own odd-lots. An odd-lot is fewer than 100 shares. Such shareholders may experience an increase in the cost of selling their shares and may have greater difficulty in making sales.

CUSIP Number

When the Reverse Split is effectuated, the Company’s common stock will receive a new CUSIP number, which is the number used to identify the Company’s equity securities, and stock certificates with the older CUSIP number will need to be exchanged for stock certificates with the new CUSIP number. Our common stock will continue to be quoted on the OTC Markets.





Anti-Takeover Effects of the Reverse Split

A possible effect of the Reverse Split may be to discourage a merger, tender offer or proxy contest, or the assumption of control by a holder of a large block of the Company’s voting securities and the removal of incumbent management.The Board could use the additional shares of our common stock available for issuance to resist or frustrate a third-party take-over effort favored by a majority of the independent stockholders that would provide an above market premium by issuing additional shares of our common stock.

The Reverse Split is not the result of the Board’s knowledge of an effort to accumulate any of the Company’s securities or to obtain control of the Company by means of a merger, tender offer, solicitation or otherwise. Nor is the Reverse Split a plan by the Board to adopt a series of amendments to the Articles of Incorporation or our Bylaws to institute an anti-takeover provision. We do not have any plans or proposals to adopt other provisions or enter into other arrangements that may have material anti-takeover consequences. As specified above, the reason for the Reverse Split is to increase the amount of shares of common stock that we are able to issue in order to effect the conversion of indebtedness, attract potential investors and conduct equity financings.

Although the Reverse Split is not being undertaken by the Board to institute an anti-takeover provision, in the future the Board could, subject to its fiduciary duties and applicable law, use the unissued shares of our common stock to frustrate persons seeking to take over or otherwise gain control of the Company by, for example, privately placing shares with purchasers who might side with the Board in opposing a hostile takeover bid. Shares of our common stock could also be issued to a holder that would thereafter have sufficient voting power to assure that any proposal to amend or repeal the Company’s Bylaws or certain provisions of the Articles of Incorporation would not receive the requisite vote. Such uses of our common stock could render more difficult, or discourage, an attempt to acquire control of the Company, if such transactions were opposed by the Board. However, it is also possible that an indirect result of the anti-takeover effect of the Reverse Split could be that our shareholders will be denied the opportunity to obtain any advantages of a hostile takeover, including, but not limited to, receiving a premium to the then current market price of our common stock, if the same was so offered by a party attempting a hostile takeover of the Company. We are not aware of any party’s interest in or efforts to engage in a hostile takeover attempt as of the date of this Information Statement.

EFFECTIVE DATE AND EFFECTS OF THE REVERSE SPLIT

Pursuant to Rule 14c-2 promulgated pursuant to the Exchange Act, the Reverse Split will not be effective until at least twenty (20) days after the date on which this Information Statement is filed with the Commission and a copy hereof has been mailed to each of our stockholders. The Company anticipates that this Information Statement will be mailed to our stockholders on or about February 13, 2015. Therefore, the Company anticipates that the Reverse Split will be effective on or about March 6, 2015, or such later date as all conditions and requirements to effectuate the Reverse Split are satisfied. Notwithstanding the foregoing, we must notify the Financial Industry Regulatory Authority of the Reverse Split by filing the Issuer Company Related Action Notification Form no later than ten (10) days prior to the anticipated effective date of the Reverse Split.

The Company has asked brokers and other custodians, nominees and fiduciaries to forward this Information Statement to the beneficial owners of the our common stock and will reimburse such persons for out-of-pocket expenses incurred in forwarding such material

We intend to file, as soon as practicable on or after the twentieth (20th) day after this Information Statement is sent to our shareholders, a Certificate of Amendment to our Articles of Incorporation effectuating the Reverse Split (the “Certificate”). The Certificate will become effective at the close of business on the date the Certificate is accepted for filing by the Secretary of State of Nevada. It is presently contemplated that such filing will be made approximately twenty (20) days from the date that this Information Statement is sent to our shareholders.

Exchange Act Registration

We will continue to be subject to the periodic reporting requirements of the Exchange Act. Our common stock is, currently, registered pursuant to Section 12(g) of the Exchange Act and, as a result, we are subject to periodic reporting and other requirements. The Reverse Split will not affect the registration of our common stock pursuant to the Exchange Act.

Accounting Consequences

Upon the Reverse Split becoming effective, the par value per share of our common stock will remain unchanged at $0.00001 per share. As a result, on the effective date of the Reverse Split, the stated capital on the Company's balance sheet attributable to our common stock will be reduced proportionally, based on the exchange ratio of the Reverse Split, from its present amount, and the additional paid-in capital account will be credited with the amount by which the stated capital is reduced. The net income or loss and net book value per share of common stock will be increased, because there will be fewer shares of our common stock outstanding. It is not anticipated that any other accounting consequences willresult from the Reverse Split.

Effect of the Reverse Split on Convertible Securities

Proportionate adjustments will be made based on the ratio of the ReverseSplit to the number of shares our common stock issuable upon the conversion of all outstanding convertible securities entitling the holders to convert into shares of our common stock. This will result in approximately the same aggregate conversion ratio required to assure the same value of shares of our common stock being delivered upon such conversion immediately following the Reverse Split as was the case immediately preceding the Reverse Split. The number of shares of our common stockreserved for issuance pursuant to these securities will be proportionately based upon the ReverseSplit ratio, subject to the Company’s treatment of fractional shares.

No Going Private Transaction

Notwithstanding the decrease in the number of outstanding shares of our common stock following the Reverse Split, the Board does not intend for the Reverse Split to be the first step in a series of plans or proposals of a “going private transaction” within the meaning of Rule 13e-3 promulgated pursuant to the Exchange Act.

Beneficial Holders of Common Stock (shareholders who hold shares in street name)

Upon the implementation of the Reverse Split, the Company intends to treat shares of its common stock held by shareholders through a bank, broker, custodian or other nominee in the same manner as registered shareholders whose shares of common stock are registered in their names. Banks, brokers, custodians or other nominees will be instructed to effectuate the Reverse Split for their beneficial holders holding our common stock in street name. However, those banks, brokers, custodians or other nominees may have procedures different than those for registered shareholders for processing the Reverse Split. Shareholders who hold shares of our common stock with a bank, broker, custodian or other nominee and have any questions in this regard are encouraged to contact their banks, brokers, custodians or other nominees.

Registered “Book-Entry” Holders of Common Stock (shareholders that are registered on our transfer agent’s books and records but do not hold stock certificates)

Certain of the Company’s registered shareholders may hold some or all of their shares of our common stock electronically in book-entry form with our transfer agent. These shareholders do not have stock certificates evidencing their ownership of our common stock. They are, however, provided with statements identifying the number of shares of our common stock registered in their accounts.

Shareholders who hold shares of our common stock electronically in book-entry form with our transfer agent will not need to take action to receive whole shares of post-Reverse Split common stock(the exchange will be automatic), subject to adjustment for treatment of fraction shares.

Holders of Certificated Common Shares

Shareholders holding shares of the Company’s common stock in certificated form will be sent a transmittal letter by the Company’s transfer agent after the Reverse Split is effective. The letter of transmittal will specify instructions regarding how a shareholder should surrender his, her or its certificate(s) representing the Company’s common stock to our transfer agent in exchange for certificates representing the appropriate number of whole shares of post-Reverse Split common stock. No new certificates will be issued to a shareholder until such shareholder has surrendered all old certificates, together with a properly completed and executed letter of transmittal, to our transfer agent. No shareholder will be required to pay a transfer or other fee to exchange his, her or its old certificate(s). Shareholders will then receive new certificates representing the number of whole common shares that they are entitled to as a result of the Reverse Split, subject to the treatment of fractional shares. Until surrendered, the Company will deem outstanding old certificates held by shareholders to be cancelled and only represent the number of whole post-Reverse Split shares of our common stock to which those shareholders are entitled, subject to such treatment of fractional shares. Any old certificates submitted for exchange, whether because of a sale, transfer or other disposition, will automatically be exchanged for new certificates. If an old certificate has a restrictive legend, the new certificate will be issued with the same restrictive legend.

SHAREHOLDERS SHOULD NOT DESTROY ANY STOCK CERTIFICATES AND SHOULD NOT SUBMIT ANY STOCK CERTIFICATES UNTIL REQUESTED TO DO SO.

SECURITIES OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information, as of January 15, 2015, with respect to any person (including any “group”, as that term is used in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) who is known to the Company to be the beneficial owner of more than five percent (5%) of any class of the Company's voting securities, and as to those shares of the Company’s equity securities beneficially owned by each its directors, the executive officers of the Company and all of its directors and executive officers of the Company and all of its directors and executive officers as a group. Unless otherwise specified in the table below, such information, other than information with respect to the directors and officers of the Company, is based on a review of statements filed, with the Commission pursuant to Sections 13 (d), 13 (f), and 13 (g) of the Exchange Act with respect to the Company’s common stock.

Name and Address
Amount and Nature of Beneficial Ownership(1)
Percent of Class of Voting Power







Brett Everett
1516 E. Tropicana Avenue
Suite 155
Las Vegas, Nevada 89119(2)

105,833,272

.000004%
Rancho Capital Management, Inc., a Colorado corporation
1401 Camino Del Mar, #202
Del Mar, California 92014(3)

25,611,414,116,000(4)

99%



(1) For purposes of this table, a person is deemed to have “beneficial ownership” of any shares as of a given date (a) which such person has the right to acquire within 60 days after such date, (b) over which such person has voting power or (c) over which such person has investment power, including disposition power. For purposes of computing the percentage of outstanding shares held by each person named above on a given date, any security which such person has the right to acquire within 60 days after such date is deemed to be outstanding, but is not deemed to be outstanding for the purpose of computing the percentage ownership of any other person.
(2)Brett Everett, our sole director and Chief Executive Officer has an interest in the Reverse Split, as a result of his ownership of shares of our common stock, as set forth above. However, we do not believe that Mr. Everett has an interest in the Reverse Split that is different from or greater than those of any other of our common stock holders.
(3)James Powell is the president, sole director and sole shareholder of Rancho Capital Management, Inc. Except as president, sole director and sole shareholder of Rancho Capital Management, Inc., Mr. Powell does not have any other ownership interest in the Company. There exists no other relationship or arrangement between Mr. Powell and the Company.
(4)Comprised of (a) 1,000 shares of Series B Voting Preferred Stock, which equals voting power of 25,611,364,816,000 shares of common stock and (b) 49,300,000 shares of common stock.
VOTING PROCEDURES

Pursuant to the NRS and our governing documents, the affirmative vote of the holders of a majority of the voting power of our capital stock is sufficient to amend our Articles of Incorporation, which vote was obtained by the written consent of the majority voting power as described herein. As a result, the amendment to our Articles of Incorporation has been approved and no additional votes will be needed.

REGULATORY APPROVAL

The Company is not aware of any material governmental or regulatory approval required for completion of the Reverse Split, other than compliance with the relevant federal and state securities laws and the NRS.

WHERE YOU CAN OBTAIN ADDITIONAL INFORMATION

This Information Statement should be read in conjunction with certain reports that we previously filed with the Commission. The Company is subject to the informational requirements of the Exchange Act and, in accordance therewith, files reports, proxy statements and other information including annual and quarterly reports on Form 10-K and 10-Q with the Commission. Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at the Commission at 100 F Street NW, Washington, D.C. 20549. Copies of such material can be obtained upon written request addressed to the Commission, Public Reference Section, 100 F Street NW, Washington D.C. 20549, at prescribed rates. The Commission maintains a website on the Internet (http://www.sec.gov) that contains the filings of issuers that file electronically with the Commission through the EDGAR system. Copies of such filings may also be obtained by writing to MICROELECTRONICS TECHNOLOGY COMPANY at 1516 E. Tropicana Avenue, Suite 155, Las Vegas, Nevada 89119.

NO DISSENTERS’ RIGHTS

Pursuant to the NRS, the Reverse Split will not provide stockholders the opportunity to dissent from the Reverse Split and to receive an agreed or judicially appraised value for their shares of our common stock.

DELIVERY OF DOCUMENTS TO SECURITY HOLDERS SHARING AN ADDRESS

If hard copies of the materials are requested, we will send only one Information Statement and other corporate mailings to stockholders who share a single address unless we received contrary instructions from any stockholder at that address. This practice, known as “householding,” is designed to reduce our printing and postage costs. However, the Company will deliver promptly upon written or oral request a separate copy of the Information Statement to a stockholder at a shared address to which a single copy of the Information Statement was delivered. You may make such a written or oral request by (a) sending a written notification stating (i) your name, (ii) your shared address and (iii) the address to which the Company should direct the additional copy of the Information Statement, to the Company at1516 E. Tropicana Avenue, Suite 155, Las Vegas, Nevada 89119, or telephoning the Company at (949.436.9382).

If multiple stockholders sharing an address have received one copy of this Information Statement or any other corporate mailing and would prefer the Company to mail each stockholder a separate copy of future mailings, you may mail notification to, or call the Company at, its principal executive offices. Additionally, if current stockholders with a shared address received multiple copies of this Information Statement or other corporate mailings and would prefer the Company to mail one copy of future mailings to stockholders at the shared address, notification of such request may also be made by mail or telephone to the Company’s principal executive offices.

This Information Statement is provided to the holders of Common Stock of the Company only for information purposes in connection with the actions to be taken by written consent, pursuant to and in accordance with Rule 14c-2 of the Exchange Act. Please carefully read this Information Statement.

By Order of the Board of Directors

February2, 2015

/s/ Brett Everett
Brett Everett
Chief Executive Officer

[cintrix]

02/03/2015 APHD 1:200 r/s Appiphany Technologies Holdings Corp.

[cintrix]

02/03/2015 FONU 1:400 r/s FONU2 Inc. Common Stock

[e-ore]

OMVS - They don't say reverse split but what I've hilited in bold sure looks like it to me. From today's PRE14C filing:

"To Our Stockholders:

NOTICE IS HEREBY GIVEN to inform the holders of record of shares of our common stock that on the 22 nd day of September, 2014 our board of directors and stockholders holding a majority of our voting shares authorized the following actions:

·Reincorporation from Florida to Nevada that will result in:

§ the Company being governed by the laws of the State of Nevada;

§ your right to receive one whole share of common stock of the Nevada Company for each 500 shares of common stock of the Company owned by you as of the record date of the reincorporation with fractional shares rounded up to the next whole share and the number of additional whole shares such that each stockholder will own at least five shares; and

§ Adoption of bylaws pursuant to Nevada law.

· Adoption of the 2015 Omnibus Equity Incentive Plan for Directors, Officers and Consultants.

· Adoption of Articles of Incorporation filed with the Secretary of State of Nevada to effect the following:

§ authorize our board of directors to change our corporate name to a name selected by our directors;

§ establish corporate codes and committees of the board of directors;

§ increase the number of shares of capital stock we are authorized to issue; and

§ authorize the issuance of preferred stock with preferences, limitations, and relative rights designated by our board of directors;

[cintrix]

02/02/2015 FFFC 1:600 r/s FastFunds Financial Corporation Common

[cintrix]

02/02/2015 LBSV 1:15 r/s Liberty Silver Corp Common Stock

[cintrix]

02/02/2015 ESIT 1:1000 r/s E Sol International Corp Common Stock

[Zardiw]

MDEX doing a 1-10 REVERSE SPLIT....and look how they worded it..what a bunch of aholes:

approve a consolidation of the issued and outstanding shares of common stock of Madison Explorations, Inc., without correspondingly decreasing the number of authorized shares of common stock, on a 10 “old” shares for every one “new” share basis, which will result in a decrease of Madison’s issued and outstanding share capital from 113,020,000 shares to approximately 11,302,000 shares of common stock, not including any rounding up of fractional shares to be issued on consolidation.

z

[e-ore]

That would be a mess but won't be more messy than their last 10q :)

[cintrix]

OREO r/s - does that mean that the cookie will be on the inside and the icing on the outside?

[e-ore]

OREO r/s 1/17. DEF 14C today

"NOTICE IS HEREBY GIVEN to inform the holders of record of shares of our common stock that on 29th day of December, 2014 our board of directors and stockholders holding a majority of our voting shares authorized the following actions:

· adoption of the 2015 Omnibus Equity Incentive Plan;

· adoption of an amendment to our articles of incorporation to effect a reverse stock split by a ratio of 1-for-17;

· adoption of amendment to our articles of incorporation to authorize the issuance of preferred stock with preferences, limitations, and relative rights designated by our board of directors;

· adoption of amendment to our articles of incorporation to change of our corporate name to Avant Diagnostics, Inc.;

· establish committees of the board of directors that will comply, when required, with the NYSE listing standards and other rules of the SEC and NYSE;"

[cintrix]

01/29/2015 TRRE 1:1000 r/s Terra Energy Resources, Ltd. Common

[sludgehound]

CBLI Cleveland Biolabs 1-20 at Open

$4.43 now

Stock Split in General
Cleveland Biolabs Inc CBLI:NASDAQ
Cleveland Biolabs Inc has announced a 1-20 split effective 1/28/15.

[ottoman]

yep thanks, discovered that :)

[cintrix]

Also, if you want to view them so that you can see the r/s all together, hit the event title and it will alphabetize the events so all the reverse splits are in one spot.

[ottoman]

oh, well then, never mind, lol. must be thinking of some other aspect of the daily list now.

[cintrix]

01/28/2015 MSOA 1:1000 r/s My Social Income, Inc. Common Stock

[cintrix]

It always did that.

[ottoman]

I see that the Finra site is at least showing the Event/Type now, so we can quickly look and see if it's a reverse split, cash dividend, addition etc, rather than clicking on each event.

better than nothing, but still a long way from the previous setup/website info.

wish we could do a history search for symbol.

[cintrix]

01/28/2015 CGJCF 1:6.5 r/s Carlisle Goldfields Ltd Common (Canada)

[cintrix]

01/28/2015 BCDH 1:5000 r/s Black Castle Developments Holdings, Inc.

[LexTrader]

BCDH 1:5000 RS http://otce.finra.org/DailyList

[cintrix]

01/27/2015 REAC 1:10 r/s Real Estate Contacts Inc. Common Stock

[cintrix]

01/27/2015 BSEM 1:400 r/s BioStem Technologies, Inc. Common Stock

[Bazooka Shark]

$WWAG 1:20

WWAG represents that it has 300,201,110 Common Shares and 2,000,000 Series “A” Preferred Shares issued and outstanding immediately prior to the Effective Time (individually a “Share” and collectively the “Shares”). WWAG further agrees that concurrently with the closing will authorize a twenty-to-one reverse stock split for its Common Shares, thereby reducing the number of issued and outstanding Common Shares to 15,010,055 Shares and create a new class of Series “B” Preferred shares, with a thousand-to-one voting rights. In return for one hundred percent (100%), of the issued and outstanding shares of Gateway, owned by AllCom, WWAG will deliver to AllCom 50,033,510 newly issued (after the twenty-to-one reverse stock split) WWAG Common Shares, for a new total of 65,046,916 of WWAG Common Shares outstanding immediately after the closing, and ten million (10,000,000), Series “B” WWAG Preferred Shares, which are convertible at AllCom’s option, to 450,301,590 of the newly issued WWAG Common Shares, representing eighty-seven percent (87%) ownership of WWAG, (the “Merger Consideration”). The actual number of WWAG Common Shares issued to AllCom may vary if the total number of outstanding WWAG Common Shares changes prior to the Effective Time.

@fancypants991

[flaflyersfan]

zooey, here are the only links that announce Reverse splits in advance;

http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=Pre&owner=include&count=40&action=getcurrent

http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=8-k&owner=exclude&count=40&action=getcurrent


This site for non-SEC reporting companies;

http://www.otcmarkets.com/news/otc-financials

Many Reverse Splits are complete surprises leaving shareholders only moments to decide whether to hold or sell before they occur. Hope this helps.

Good luck.

[zooey]

Does anyone know where I can get a good list of upcoming splits for the penny market? TIA!!!

[cintrix]

01/26/2015 MTTA 1:2 r/s Meta Gold Inc. Common Stock

[cintrix]

01/22/2015 CLDS 1:100 r/s Cloud Security Corporation

[Bazooka Shark]

HKUP 1:100 RS coming based on the filling from 01/08 @fancypants991

[cintrix]

01/20/2015 FPFI 1:150 r/s Fresh Promise Foods, Inc. Common Stock

[cintrix]

01/20/2015 SMGY 1:1500 r/sSmart Energy Solutions, Inc.

[e-ore]

PROF - Splitting 1 for 80. From today's 8k

"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On January 14, 2015, Patriot Minefinders Inc. (the “Company”) completed a merger with its wholly owned subsidiary, Rise Resources Inc., and formally assumed the subsidiary’s name by filing Articles of Merger with the Nevada Secretary of State (the “Name Change”). The subsidiary was incorporated entirely for the purpose of effecting the Name Change and the merger did not affect the Company’s Articles of Incorporation or corporate structure in any other way.

Item 8.01 Other Events

On January 8, 2015, the Board of Directors of the Company approved a 1 for 80 reverse split of the Company’s common stock and a corresponding decrease in its authorized capital, with an anticipated record date of January 19, 2015 (the “Reverse Split”). Shareholder approval for the Reverse Split was not required pursuant to §78.207 of the Nevada Revised Statutes. As a result of the Reverse Split and upon the filing of a Certificate of Change with the Nevada Secretary of State, the Company’s authorized capital will decrease from 1,680,000,000 shares to 21,000,000, and its issued and outstanding common stock will decrease from 63,400,000 shares to approximately 792,500, with each fractional share being rounded up to the nearest whole share.

In order for the Name Change and Reverse Split to be recognized on the OTC markets, the Financial Industry Regulatory Authority (“FINRA”) will need to process the corporate actions. The Company is in the process of submitting the required documentation to FINRA, but will continue to trade under the name Patriot Minefinders Inc. and the symbol “PROF” until such time as FINRA has declared the Name Change and Reverse Split effective. Once FINRA has processed the corporate actions, the Company plans to file a current report on Form 8-K to announce the effective date of the Name Change and Reverse Split as well as its new trading symbol, if applicable."

[funnyG986]

Totally agree

[cintrix]

They keep updating that list at different times. I don't like that.
The old one came out at a certain time and whatever was reversing would be there - no additions every hour or removals and then add ons. This is ridiculous.

[funnyG986]

lots of RS today. TCPS 1:8500 REVERSE SPLIT

[cintrix]

01/16/2015 HVYW 1:4000 r/s Harvey-Westbury Corp. Common Stock

[cintrix]

01/16/2015 HZOZF 1:4 r/s Horizons Betapro Nymex Crude Oil Bull Plus ETF Unit

[cintrix]

01/16/2015 EAHC 1:30 r/s Explore Anywhere Holding Corp. Common

[cintrix]

1/16/2015 APPZ r/s 1:200 Monster Arts Inc. Common Stock

[waterchaser]

REAC reverse split now 1:10 not 1:100.
They are blaming it on a typo.
http://ih.advfn.com/p.php?pid=nmona&article=65106756&symbol=REAC

[Bazooka Shark]

$GEIG 1:2,500

http://ih.advfn.com/p.php?pid=nmona&article=65112476

@fancypants991

[DeafTrader2]

SANB 8-K. Out. R/S. 400 to 1.

[cintrix]

01/15/2015 ELRA 1:30 r/s Elray Resources, Inc. Common Stock

[DeafTrader2]

PMCM R/S News Out !

[cintrix]

01/14/2015 GVSI 1:10 Good Vibrations Shoes Inc. Common Stock

[cintrix]

01/14/2015 VRCI 1:280 r/s Verde Science, Inc. Common Stock