Monday, March 12, 2018 10:25:31 AM
A public company must have shares to raise capital.. Yes?
January 10, 2018, approval from the holders of a majority of the outstanding shares of Common Stock of the Company to amend the Company’s Articles of Incorporation, as amended to date, to increase the authorized shares of Common Stock from Three Hundred Million (300,000,000) shares of Common Stock to Three Hundred Fifty Million (350,000,000) shares of Common Stock.
2.The articles have been amended as follows: (provide article numbers, if available)
Article Fourth is hereby amended by deleting the first paragraph of Article Fourth in its entirety and substituting the following in its place and stead:
"FOURTH. The aggregate number of shares which the corporation shall have the authority to issue is Three Hundred Fifty Million (350,000,000) shares of common stock at $.001 par value, and Thirty Million (30,000,000) shares of Serial Preferred Stock at $.001 par value."
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