OTC IPOs, Mergers & Other Material Events

[Big Brother]

SALL: 8K out today, RM with Vitalibis, Inc and f/s coming. Looks interesting, they got a line of CBD oil products launching this Spring.

https://www.vitalibis.com/

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12485237

RESOLVED that, the Company effect a name change through the formation of a new corporation in Nevada, named Vitalibis, Inc., which will be a wholly-owned subsidiary of the Company. The Company will then effect a short-form statutory merger of the subsidiary into the Company, and change the name of the Company to Vitalibis, all pursuant to NRS 92A.180, which specifically provides that no shareholder vote or approval is required for this name change.

FURTHER RESOLVED that, the Company, by this Board resolution, pursuant to the provisions of NRS 78.207, effect a forward stock split of our number of authorized shares of the Common Stock and corresponding increase in the number of issued and outstanding shares of Common Stock held by each stockholder of record at the effective date and time of the forward split. Upon effect of the forward stock split, our total authorized shares of Common Stock will be increased from 45,000,000 to 112,500,000 shares, and our total issued and outstanding shares of Common Stock will be increased from 10,804,000 to 27,010,000 shares; the par value of $0.001 will remain the same. Any fractional shares resulting from the split will be rounded up to the next whole number. The total authorized shares of our Preferred Shares will not be affected and will remain at 5,000,000.