Solaris Power Cells Inc (fka SPCL)

[DJPele]

Please take a look at the DD stickied this board and SPCL's 8k.

112 Page 8k from EDGAR:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11405451

8k Summary from Ihub:
http://ih.advfn.com/p.php?pid=nmona&article=71554371

Pixelmag's intends on completing a Reverse Merger through SPCL. There will be a Reverse split in order to complete a potential up-list to NASDAQ. This is a capital restructuring of the stock, which is usually the norm for companies completing a Reverse Merger.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Reverse Stock Split.

On May 16, 2016, Board of Directors of the Company together with the holders of the Company’s Series A voting preferred stock, representing a majority of the outstanding voting capital stock of the Company, approved the filing of amended and restated articles of incorporation of the Company with the Secretary of State of Nevada. Among other things, the amended and restated articles of incorporation contemplates: (a) a one-for-10 reverse split of the authorized capital stock of the Corporation to reduce the number of authorized shares of capital stock of the Corporation from 2,170,000,000 shares of capital stock to 217,000,000 authorized shares of capital stock, and (b) a one-for-100 reverse split of the issued and outstanding shares of Common Stock of the Corporation to combine the outstanding shares of Common Stock into a lesser number of shares of Common Stock of the Corporation (collectively, the “ Reverse Stock Splits ”). There shall be no change in the 10,000,000 shares of preferred stock authorized by the Articles of Incorporation or in the 1,000,000 issued and outstanding shares of Series A Preferred Stock.

The Reverse Merger needs to be announced first prior to the Reverse Split:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126691966

Once the Reverse Merger is announced complete, the PPS should rise at or well above .04, which will bring the share price to the required thresh-hold of $4 post Reverse Split, which is required for NASDAQ.

This is from the 8k, showing Pixelmag's intent on uplisting:

5.2 Boards of Directors. On the Closing Date, Holdings shall have the right to designate three (3) members to the board of directors of Solaris (the “ Holdings Designee ”) and one member of the board of directors of Solaris shall be designated by the existing management of Solaris (the “ Solaris Designee ”). Following the Closing Date, Holdings shall select sufficient number of independent directors who shall be persons meeting requirements of independence in accordance with the listing and maintenance rules and regulations of the Nasdaq Capital Markets or the NYSE:Amex relating to the potential uplisting of Solaris Common Stock.

The following is DD stickied from this board:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126499123

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126529706


Evidence of the Reverse Merger moving forward and in progress:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126674068

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126680096


Please review all DD and any additional DD you may find. The members on this board are great and will assist with any questions. In my honest opinion, this is a stock to hold.

Credit to all who put this DD together.