Bantek Inc (BANT)

[Stock_Barber]

Time to storm that virtual office to complain! Oh wait...

Dear Stockholder:

Bantek, Inc., a Delaware corporation. (the “Company”), hereby notifies our stockholders of record on August __, 2019 that the majority stockholder holding the majority of the voting power through ownership of 250 shares of our Series A preferred stock has approved, by written consent in lieu of a special meeting on July 15, 2019 the following proposals:

Proposal 1 To amend our Certificate of Incorporation to effect a reverse stock split of the common stock, $.0001 par value, of the Company by a ratio of one-for-one thousand (1:1,000)

Proposal 2 To change the name of the Company to Bantec, Inc.

This Information Statement is first being mailed to our stockholders of record as of the close of business on August __, 2019. The action contemplated herein will not be effective until August __, 2019, a date which is at least 20 days after the date on which this Information Statement is first mailed to our stockholders of record. You are urged to read the Information Statement in its entirety for a description of the action taken by the majority stockholders of the Company.


WE ARE NOT ASKING YOU FOR A PROXY AND

YOU ARE REQUESTED NOT TO SEND US A PROXY.


The corporate action is taken by consent of the holder of a majority of the voting shares outstanding, and pursuant to Delaware law and the Company’s bylaws that permit holders of a majority of the voting power to take a stockholder action by written consent. Proxies are not being solicited because the majority stockholder holding the majority of the voting power of the issued and outstanding voting capital stock of the Company through ownership of 250 shares of our Series A preferred stock holds more than enough shares to effect the proposed action and has voted in favor of the proposals contained herein.


Exhibit A Amendment to the Company’s Certificate of Incorporation



/s/ Michael Bannon
President and CEO’
August __, 2019