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Re: DrContango post# 12729

Sunday, 01/24/2016 1:04:20 PM

Sunday, January 24, 2016 1:04:20 PM

Post# of 30044
A CEO can't amend anything per NV law.........

An amendment requires a signed BOD resolution that is submitted with the amendment. NV takes maybe 3 days to process any amendment that is properly filed.

HAJJ is the BOD, per NV, not Klein. Maybe the moron filed what he thought was an amendment and is too stupid to know it was ignored by NV. I know the last OTC filing states Klein is a Director, but NV has no record of it. He's nothing under NV corp law UNTIL an amendment is filed naming him as a Director. They can't simply wait until the annual report is due in May. As far as NV is concerned he's a NOBODY until a filing is made.

NRS 78.390 Amendment of articles after issuance of stock: Procedure.
1. Except as otherwise provided in NRS 77.340, every amendment to the articles of incorporation must be made in the following manner:
(a) The board of directors must adopt a resolution setting forth the amendment proposed and either call a special meeting of the stockholders entitled to vote on the amendment or direct that the proposed amendment be considered at the next annual meeting of the stockholders entitled to vote on the amendment.


https://www.leg.state.nv.us/nrs/NRS-078.html#NRS078Sec380

If there were i/o Preferred A stock, the holders of the stock would have to vote to affirm the resolution.