eWellness Healthcare Corp. (EWLL)

[werd]

DEF 14-c Feb 14th 2020

The Board of Directors believes that the increase in the number of authorized shares of Common Stock is in the best interests of the Company and its stockholders. The purpose of increasing the number of authorized shares of Common Stock is to have shares available for issuance for such corporate purposes as the Board of Directors may determine in its discretion, including, without limitation:

? conversion of convertible securities;
? reserving shares underlying convertible securities;
? retiring convertible debt;
? investment opportunities;
? stock dividends and/or other distributions;
? future financings and other corporate purposes; and
? future acquisitions, among other purposes.