White Fox Ventures Inc. (AWAW)

[solidus370]

An increase in Authorized DOES NOT mean that the actual shares outstanding will increase anywhere near that amount. In fact the reasons I opted for such a large in increase in authorized, were:

A. I want to make sure that the Company never has to do one of these again, because they are very expensive and time consuming

B. That the Company would have the where with-all to actually make a meaningful acquisition, should that be the route the Company decides on

C. The Company has another negotiating tool to help settle the numerous debts that were previously run up

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At this point in time, this was in my estimation, the only way to potentially save this Company. This company is currently in an extremely precarious position (there are literally dozens of creditors) and this does provide the Company with a potential method of negotiating away or settling some debt.

Please rest assured that shares will NOT be issued frivolously

Regards
Seth M. Shaw
Interim CEO, Breathe eCig Corp.