This is about to be Diluted from 2.5 Billion Common to 10 Billion Common
On December 9, 2017, one stockholder holding 22,020,000 shares of our common stock, or approximately 6.16%, of our issued and outstanding $0.001 par value common stock ("Common Stock") and 1,000 shares (100%) of our Series A Preferred Stock, which combined is approximately 54.02% of the voting power of the company, consented in writing to amend the Company's Articles of Incorporation (the "Certificate of Amendment"). This consent was sufficient to approve the Certificate of Amendment under Nevada law and our Articles of Incorporation. The attached Information Statement describes the Certificate of Amendment that the common and preferred stockholders of the Company have approved, which will increase our authorized shares of common stock to 9,999,000,000 shares from 2,499,000 shares. The Certificate of Amendment will become effective upon filing with the Nevada Secretary of State, which can occur no earlier than twenty (20) calendar days after the filing and dissemination of the Definitive Information Statement.
On February 12, 2018, the Company filed with the Secretary of State of Nevada Amended and Restated Articles of Incorporation (the “Amended and Restated Articles”) that had the effect of designating 9,999,000,000 shares of the authorized capital stock of the Company as common stock, par value $0.001 and 1,000,000 shares of the authorized capital stock of the Company as preferred stock, par value $0.001, with the powers, preferences and rights, and the qualifications, limitations and restrictions designated by the Company’s board of directors.
