HUTN Inc. (HUTN)

[Arthur Edward Whoof]

The Board of Directors and majority shareholders authorized a 100 for 1 reverse split, and authorized 10,000,000 shares of Class B Common Stock with a par value of $0.001per share. Each Class B share of common stock will have 10 votes to each one share of Common Stock of the Company. Upon the completion of the reverse split, the Company will be issuing a total of 52,173,000 restricted common shares and 5,797,000 restricted Class B common shares as consideration for the EFH Group asset purchase.
If the Acquisition does not close due to a breach by us, or by the exercise of a “fiduciary out” clause by us, we shall pay to EFH Group a termination fee of $250,000.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10307844