Renewable Energy and Power Inc (RBNW)

[pugs911]

I have a question I got while doing my DD:
Whats with this? https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12425977

Renewable Energy and Power, Inc. (“we,” “our,” or the “Company”) hereby gives notice to our stockholders that the holders of a majority of our outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), have taken action by written consent to authorize our board of directors to effectuate an amendment to our Articles of Incorporation, as amended, to increase our authorized shares of Common Stock from 1,500,000,000 shares to 10,000,000,000 shares, with an anticipated effective date of December 07, 2017 (the “Authorized Shares Amendment”). A majority of our stockholders, and our Board unanimously, approved the Authorized Shares Amendment on Nov. 29, 2017. The Authorized Shares Amendment is described in more detail in the accompanying Information Statement.

That sounds pretty bad