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Monday, November 23, 2015 3:56:19 AM
In a separate transaction November 17, 2015, post shareholder meeting, approximately 72% or 216,000,000 of the company's approximate 302,500,000 issued and outstanding common shares were transferred from Scomarric Holdings, LLC and Sosender Holdings, LLC to a group represented by Thomas E. Terwilliger.
On November 17, 2015,
following the shareholder meeting a special call Board of Directors meeting was held by the company’s sole director. The Board accepted the resignations of Scott Backer, Marisela Rodriguez and Ricardo Matos as officers and directors of Baroma, Inc and all related entities and subsidiaries. The Board nominated and approved Thomas E. Terwilliger as CEO of the company. The Board approved a resolution to call a special shareholder meeting and to recommend to the shareholders 1) a change in CUSIP, trading symbol and name of the company to GooGreeen, Inc.; and 2) to recommend to the shareholders a reverse split of the company's shares not to exceed 800:1, as determined by the shareholders, with fractional shares being rounded up to the next whole number and the record date of the action to be within 120 of shareholder approval as set by the company's CEO, the special call shareholder meeting to be held at 3160 NW 1st Avenue, Pompano Beach, Florida on November 30, 2015 at 10:00 AM EDT.
http://www.otcmarkets.com/news/otc-market-headline?id=375715
I guess they meant to say not to exceed 1:800 but at least they specified that a R/S will more then likely take place since the New Sole Officer is in hold of ~72% anyways...
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