and here's why it was done
The Board previously approved the Reverse Stock Split, the Authorized Share Reduction, the Name Change and the Blank Check Preferred Authorization pursuant to a unanimous written consent on August 14, 2020, as permitted by our Bylaws and applicable Florida law, and recommended to the Majority Stockholder that the Majority Stockholder authorize the Reverse Stock Split, the Authorized Share Reduction, the Name Change and the Blank Check Preferred Authorization, which authorization was carried out pursuant to the Stockholder Consent. Accordingly, your consent is not required and is not being solicited in connection with the approval of the Reverse Stock Split, the Authorized Share Reduction, the Name Change and the Blank Check Preferred Authorization.
Best wishes as always,
GMAN
