Wednesday, March 14, 2018 11:12:01 AM
On June 17, 2011, the Company implemented a Board authorized increase to the Company's authorized share capital. Under the
Company's original Articles of Incorporation it was authorized to issue 100,000,000 shares of common stock, par value $0.001 and
1,000,000 shares of preferred stock, par value $0.001. On June 17, 2011, the Company filed a Certificate of Amendment to its Articles
of Incorporation (the “Amendment”) with the Secretary of State of Nevada. As a result of the Amendment, the Company increased the
authorized number of shares to seven hundred fifty million (750,000,000) shares, par value $0.001; and created a class of one hundred
million (100,000,000) shares of preferred stock, par value $0.001, for which the Board of Directors may fix and determine the
designations, rights, preferences or other variations.
As authorized by the Board and approved by the Financial Industry Regulatory Authority ('FINRA'), on June 24, 2011 the Company
implemented a 50 - for - 1 forward split of its issued and outstanding common shares whereby every one (1) old share of common
stock was exchanged for fifty (50) new shares of the Company's common stock. This increased the issued and outstanding shares of
common stock from 8,500,000 prior to the forward split to 425,000,000 following the forward split. The forward split shares were
authorized to be payable upon surrender of certificates to the Company's transfer agent.
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