Saturday, August 05, 2017 2:58:38 AM
On August 4, 2017, we filed a Certificate of Amendment to our Certificate of Incorporation to amend the first paragraph of Article IV thereof to increase our authorized shares of common stock, $0.001 par value, from 300,000,000 to 600,000,000 . The general effect of the amendment is to permit the Company to issue additional shares of Common Stock. The amended first paragraph of Article IV reads in its entirety as follows:
“The total number of shares of all classes of stock which the Corporation shall have the authority to issue is 610,000,000 shares, which are divided into two classes consisting of: (a) 600,000,000 shares of Common Stock, par value $0.001 per share, and (b) 10,000,000 shares of Preferred Stock, par value $0.01 per share.”
The foregoing summary of the Certificate of Amendment is qualified in its entirety by reference to the text of the Certificate of Amendment, a copy of which is filed herewith as Exhibit 3.1.
I am all out short attack on Monday....today was just a taste and that was nothing.....wait till Monday...could easily lose 50% of its value in a week....The best part, they wait until after the market closes on a Friday...classic.....you gotta winner of a management team / board here...(that is sarcasm by the way)
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