Heathrow Nat. Food and Bev Inc. (fka HRNF)

[quickpix]

This has to make you nervous. This was approved and could happen at any time. Probably not for a few months yet but you never know with this one.



After approval by our Majority Shareholder, our Board of Directors, without further approval, will subsequently have the authority, in its sole discretion, to determine whether or not to proceed with a reverse split of our issued and outstanding common stock in a ratio between 1:20 and 1:100 at any time before our annual meeting in 2006. If the Board of Directors determines, based on factors such as prevailing market and other relevant conditions and circumstances and the trading prices of our common stock at that time, that the
What about this? Reverse Stock Split is in our best interests and in the best interests of our stockholders, it will, in its sole discretion, select the Reverse Stock Split in a ratio between 1:20 and 1:100. Following such determination, our Board of Directors will effect the Reverse Stock Split by directing management to file an amendment to our Certificate of Incorporation with the Delaware Secretary of State at such time as the board has determined is appropriate to effect the Reverse Stock Split. The Reverse Stock Split will become effective at the time specified in the amendment to our Certificate of Incorporation after its filing with the Delaware Secretary of State, which we refer to as the "Effective Time". The text of the proposed amendment to our Certificate of Incorporation is subject to modification to include such changes as may be required by the office of the Delaware Secretary of State or as our Board of Directors deems necessary and advisable to affect the Reverse Stock Split.