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Re: justinbailey post# 64042

Monday, 08/24/2020 11:14:53 AM

Monday, August 24, 2020 11:14:53 AM

Post# of 70650
Oooops...Looks like SIML may be in trouble with both the NV SOS and the SEC?? They allowed 1.6 BILLION more shares than they had available to be converted and dumped into the OS LOLOL.

"We previously filed Certificates of Change with the State of Nevada (the “Certificates of Change”) on June 5, 2020 and June 11, 2020, reflecting increases in our authorized shares of common stock to 2,000,000,000 shares and 5,000,000,000 shares, respectively. However, those Certificates of Change were improperly filed under Nevada law and will be corrected by the filing of Certificates of Correction under Article 78 of the Nevada Revised Statutes.

How many shares of voting stock were outstanding on the date the action was approved?

On August __, 2020, the date we received the consent of the holders of a majority of the voting power of our stockholders, there were 2,616,895,224 shares of common stock outstanding, 5,763,749 shares of our Series A Preferred Stock outstanding, 500 shares of our Series B Preferred Stock outstanding, and 35,583 shares of our Series C Preferred Stock outstanding. The Series A Preferred Stock and Series C Preferred Stock are non-voting. Each share of Series B Preferred Stock has the right to cast a number of votes equal to four times the votes of all of the shares of our outstanding common stock with respect to any and all matters presented to the holders of common stock for their action."

http://ih.advfn.com/stock-market/USOTC/simlatus-pk-SIML/stock-news/83118995/proxy-statement-other-information-preliminary-pr

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