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Re: Btown post# 1386

Wednesday, 08/27/2014 9:20:23 AM

Wednesday, August 27, 2014 9:20:23 AM

Post# of 14303
This is per their last 10-Q which you can look at on OTCmarkets.com:

On June 17, 2014, the Company held its 2014 Annual Meeting of Stockholders in which, among other matters, Company
stockholders approved an amendment to the Company’s Certificate of Incorporation (the “COI”) to increase the number
of authorized shares of Common Stock from 45,000,000 to 80,000,000; to amend the Company’s 2012 Equity Incentive
Plan (the “2012 Plan”) to increase the number of Common Stock authorized for issuance under the 2012 Plan by
2,500,000 shares from 5,000,000 to 7,500,000 (see also Note 4b); and to approve the amendment to the COI to effect a
reverse stock split of the Common Stock at a ratio of between one-for-two and one-for-five with such ratio to be
determined at the sole discretion of the Board of Directors of the Company (the “Reverse Split”) and with such Reverse
Split to be effected at such time and date, if at all, as determined by the Board of Directors of the Company in its sole
discretion. No decision has been taken in connection to the Reverse Split as of the filing of this consolidated financial
statement.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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