NOTE : "The Registrant will effect a 100-to-1 reverse stock split. The Registrant will also file a Schedule 14C Information Statement with the Securities and Exchange Commission as soon as possible. In connection with this transaction, certain members of the Registrant’s management and Board of Directors have submitted their resignations. The outgoing officers and directors have agreed to certain terms whereby they would forego certain monies and rights that may have existed. Additional information regarding the outgoing management is included in Items 1.01 and 5.02 of this Form 8-K."
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