1. An increase in the number of authorized shares of Common Stock from 800,000,000 to 5,000,000,000 (the “Authorized Share Increase”).
The purpose of this Information Statement is to notify our stockholders that on August 9, 2017, a stockholder holding a majority of the voting power of our issued and outstanding shares of capital stock executed a written consent approving the Authorized Share Increase. In accordance with Rule 14c-2 promulgated under the Exchange Act, the Authorized Share Increase will become effective no sooner than 20 days after we mail this notice and the accompanying Information Statement to our stockholders.
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