Pura Naturals Inc. (fka PNAT)

[Jimmy99er]

This Proxy Statement is furnished in connection with the solicitation of proxies by and on behalf of the board of directors (the “ Board ”) of Pura Naturals, Inc., a Colorado corporation (the “ Company ”, “ we ”, “ us ” or “ our ”), for use at the Annual Meeting of the stockholders (the “ Annual Meeting ”) to be held on January 25, 2019, at 23101 Lake Center Drive, Suite 100, Lake Forest, California 92630, at 9:00 A.M. Pacific Time. Directions to the Annual Meeting can be obtained by searching such address at https://www.google.com/maps

 

THIS PROXY STATEMENT, THE NOTICE OF ANNUAL MEETING OF STOCKHOLDERS AND FORM OF PROXY ARE FIRST BEING MAILED TO THE COMPANY’S STOCKHOLDERS ON OR ABOUT DECEMBER 3, 2018.

 

At the Annual Meeting, the holders of the Company’s common stock, par value $.001 (“ Common Stock ”), will be asked to vote on the following proposals:

 

1.        To approve an amendment to our Articles of Incorporation to increase the authorized number of shares of our common stock from 500,000,000 shares of common stock, $ .001 par value, to 1,500,000,000 shares of common stock, $.001 par value, to be effective on a date to be determined by the Company’s board of directors on or prior to December 31, 2019 (the “ Authorized Share Increase ”);

2.        To approve an amendment to our Articles of Incorporation to authorize 100,000,000 shares of preferred stock, and grant the Board of Directors (the “Board”) “preferred stock” authority allowing the Board to fix the terms and issue new series of preferred stock without the approval of the holders of the Company’s common stock (the “Creation of Preferred ”);

3. To approve an amendment to our Articles of Incorporation to effect a reverse split of our issued and outstanding shares of common stock (the “ Reverse Stock Split ”) at a ratio of between 1-for-5 and 1-for-50, inclusive, which ratio will be selected at the sole discretion of our Board of Directors at any whole number in the above range, with any fractional shares that would otherwise be issued as a result of the Reverse Stock Split being rounded up to the nearest whole share; provided, that our Board of Directors may abandon the Reverse Stock Split in its sole discretion;

4. To elect a slate of nominees (“ Election of the Board ”) consisting of current directors Robert Doherty, Robert Switzer, Derek Duhame and Dan Kryger to serve as directors of the Company;

5. To ratify the appointment of Malone-Bailey (“ Auditor ”) as the Company’s independent registered public accountants for the fiscal year ending December 31, 2018;

6. To authorize an adjournment of the Annual Meeting, if necessary, if a quorum is present, to solicit additional proxies if there are not sufficient votes in favor of the Reverse Stock Split or the Authorized Share Increase (the “ Adjournment Proposal ”);

7. To transact other such business as may properly come before the Annual Meeting or any adjournment or postponement thereof.