Wednesday, October 11, 2017 12:12:56 AM
Commons to increase by 750,000,000 shares (the “Share Increase”), Nil par value per share.
Purpose
Effect on Authorized and Outstanding Shares
The rights and preferences of shares of our Common Stock subsequent to the Preferred Stock Authorization and Share Increase will remain the same. The number of securities authorized to be issued will increase and will increase the potential for dilution for the Company’s shareholders. We do not anticipate that the number of our stockholders, or any aspect of our current business plan, will materially change as a result of these changes. The Actions will affect all of our stockholders uniformly.
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