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Re: m0n post# 50921

Wednesday, 11/28/2018 2:14:39 PM

Wednesday, November 28, 2018 2:14:39 PM

Post# of 52740
From the pre-14C filing... https://www.otcmarkets.com/filing/html?id=13074910&guid=FsNbUKgy_N12z3h


"The Company’s Board approved the Reverse Split effective November 20, 2018,"


"Dear Cruzani, Inc. Stockholders:



This Information Statement is furnished to provide notice to stockholders of Cruzani, Inc., a Nevada corporation (the “ Company ”), in connection with approval by our Board of Directors (the “ Board ”) and a majority of the Company’s voting shares (including our common stock, par value $0.00001 (the “ Common Stock ”)) to take the following actions:



1. Grant discretionary authority to the Board, at any time or times for a period of 12 months after the date of the Written Consent (as defined below), to adopt an amendment to the Company’s Articles of Incorporation, as amended (the “ Articles of Incorporation ”), to effect a reverse stock split at a ratio between 1-for-10 to 1-for-20, such ratio to be determined by the Board, or to determine not to proceed with the reverse stock split (the “ Reverse Split ”); and


Stockholders of record at the close of business on November 19, 2018, are entitled to notice of this stockholder action by written consent. Since the actions have been approved by the holders of the required majority of the outstanding shares of our voting stock, no proxies were or are being solicited.



Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the Reverse Split cannot become effective until twenty (20) days after the date this Information Statement is mailed to the Company’s stockholders. We anticipate that the amendment to the Articles of Incorporation will become effective on or after December 24, 2018."

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