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Friday, 02/15/2019 11:05:22 AM

Friday, February 15, 2019 11:05:22 AM

Post# of 73456
Where does MCGI's reverse spit figure into all this?

Dear Stockholder:


This Information Statement is furnished to holders of shares of common stock, par value $0.001 per share (the “Common Stock”), of MedCareers Group Inc. (the “Company”). Our Board of Directors approved on January 2, 2019, and recommended the approval by our stockholders, of the following corporate actions (“Corporate Actions”):


1.

To approve the increase in authorized share capital to 20,000,000,000 shares of common stock (“Common stock”) and change the par value of the Common Stock to $0.000001 (the “Common Stock Authorized Share Capital Increase”);





2.

To effectuate a 6000:1 reverse stock split of our issued and outstanding shares of Common Stock (the “Reverse Stock Split”); and





3.

To change the name of the Company to: The 4 Less Group Inc. (“Name Change”)


Certain of our stockholders, holding a majority of our voting power on January 3 rd , 2019 (the “Record Date”), approved the Corporate Actions by written consent in lieu of a special meeting of stockholders.


As a matter of regulatory compliance, we are sending to you this Information Statement which describes the purpose and provisions of the contemplated Corporate Action.



For the Board of Directors of

MEDCAREERS GROUP INC.


By: /s/Timothy Armes

Timothy Armes

President and CEO

https://www.otcmarkets.com/filing/html?id=13186777&guid=MPrtUWGFHUX4jth

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