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Future stock promotion..???

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Big Brother Member Level  Saturday, 08/30/14 02:04:11 PM
Re: None
Post # of 27 
Future stock promotion..???

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10183112

Quote:
On August 28, 2014, the Company effectuated a 50 to 1 forward split (the “Forward Split”) of its issued and unissued common shares as of September 9, 2013, the record date. As a result, once the Forward Split is declared effective by the Financial Industry Regulatory Authority (“FINRA”), the issued and outstanding shares of common stock of the Company will increase from Four Million, Four Hundred Thousand (4,400,000) shares prior to the Forward Split to Two Hundred, Twenty Million (220,000,000) shares following the Forward Split. The number of authorized shares will increase from One Hundred Ten Million (110,000,000) to Five Billion, Five Hundred Million (5,500,000,000) common shares. Fractional shares will be rounded upward. Each shareholder of record will receive a dividend certificate, rather than surrendering outstanding stock certificates. The Certificate of Change specifies that the effective date of the Forward Stock Split with the Nevada Secretary of State is August 28, 2014; however, the effectiveness of the Forward Stock Split is subject to approval by FINRA.




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