Cabo Verde Capital Inc (CAPV)

[crudeoil24]

Following approvals by our Board of Directors and stockholders, the reincorporation of the Company in Nevada was effective on November 6, 2015, by the merger (the “Merger”) of the Company (a Delaware corporation, sometimes referred to as “Cabo Verde-Delaware”) into its wholly-owned Nevada subsidiary, Cabo Verde Capital Inc. (“Cabo Verde-Nevada”), pursuant to an Agreement and Plan of Merger, dated as of November 5, 2015 (the “Merger Agreement). Cabo Verde-Nevada was formed a with an authorized capital stock of 500,000,000 shares of common stock, par value $.00001 per share, and 10,000,000 shares of preferred stock, par value $.00001 per share, identical to the authorized capital stock of the Company prior to the Merger. The effects of the reincorporation are a change of the domicile of the Company from the State of Delaware to the State of Nevada, which means that the surviving corporation will be governed by the laws of the State of Nevada; the persons now serving as executive officers and directors of Cabo Verde-Delaware became, with the effectiveness of the Merger, the executive officers and directors, in their same capacities, in the surviving corporation after the reincorporation; and, as a result of the reincorporation, Cabo Verde-Nevada’s Articles of Incorporation and By-Laws became the Articles of Incorporation and By-Laws of the surviving corporation.

8-K 11/16/15