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Thursday, 07/30/2015 6:14:49 PM

Thursday, July 30, 2015 6:14:49 PM

Post# of 222226
A rather curious debacle in the making:

HDSI

http://archive.fast-edgar.com//20150730/A622V22C2222V2Z2222M2WNG4VPG32222272/



1. Amending our Articles of Incorporation by increasing our shares of common stock from 2,000,000,000 shares of common stock to 10,000,000,000 shares of common stock, par value $0.001 per share.

2.Amending our Articles of Incorporation by increasing our shares of preferred stock from 50,000,000 shares of preferred stock to 450,000,000 shares of preferred stock with a par value of $0.001 per share.

3.Reverse splitting our shares of common stock on the basis of 1 for 30.

4.Amending our Articles of Incorporation by changing our name to SirenGPS, Inc.

5. Adopting our 2015 Incentive Stock Option Plan.



What?

Amendment to Articles of Incorporation

In connection with the Reverse Stock Split, we will not file with the State of Nevada an amendment to our articles of incorporation to reflect the split. Our authorized capitalization will be 10,000,000,000 million shares of common stock with a par value of $0.001 per share of which 1,814,822,222 shares will be outstanding and 450,000,000 million shares of preferred stock with a par value of $0.001 per share of which 7,500,000 shares of Series A Preferred Stock outstanding with each Series A Preferred share having 100 votes; 15,839,800 shares of Series B Preferred Stock outstanding with each Series B Preferred share having 1,000 votes per share. The total voting power of the outstanding common and preferred stock is 18,404,622,222 votes. 9,202,311,112 votes were required to pass this resolution. Our shares of common stock vote with our preferred stock as a single class on all matters submitted to our shareholders.


Hostile takeover silliness:

The available authorized and unissued shares of common stock gives the company the ability to cause a potential anti-takeover effect by creating potential dilution to the number of outstanding shares. Such dilution will cause a party attempting a takeover to be required to buy more shares of the company stock and to expend additional resources to accomplish a takeover. The Reverse Stock Split is not part of a plan by management to affect the ability of third parties to take over or change control of the company, nor are we currently contemplating any such anti-takeover plan.

Lol ... Just perusing but ...

The following sets forth the total number of shares of common stock that could be issued upon current creditors exercising their right to convert their debt into shares of common stock.


TOTAL

$141,300

3,305,925,926








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