Here comes the dilution!
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change In Fiscal Year.
On September 21, 2017, Immudyne, Inc. (the “Company”) filed an amendment to its certificate of incorporation with the Delaware Secretary of State increasing the number of authorized shares of the Company’s common stock from 50,000,000 to 100,000,000. The amendment was approved by all members of the Company’s board of directors and by holders of a majority of the Company’s outstanding shares of common stock by written consent.
The amendment to the Company’s certificate of incorporation is attached hereto as Exhibit 3.1 and is incorporated herein by reference.