Lifegear, the R/S took effect March 7th. Did this stock look to you like it traded with a 250 million O/S on Friday?? You have to read carefully through the dates. The KEY here concerning the SS is this amendment to their artcles of incorporation. READ THE 3rd ORDER BELOW.
ARTICLES OF AMENDMENT
TO THE
ARTICLES OF INCORPORATION
OF
QUIKBYTE SOFTWARE, INC.
------------------------------
Pursuant to Section 7-110-106 of the Colorado Business Corporation Act
-----------------------------
The undersigned President of QuikByte Software, Inc. ("Corporation")
DOES HEREBY CERTIFY:
FIRST: The name of the Corporation is QuikByte Software, Inc.
SECOND: Article II of the Articles of Incorporation is amended by
deleting the first paragraph thereof in its entirety and substituting a new
first paragraph in lieu thereof to read as follows:
The aggregate number of shares of all classes of stock which
the Corporation shall have authority to issue is 252,000,000 shares, of
which 250,000,000 shares shall be classified as common stock, $0.0001
par value per share ("Common Stock"), and 2,000,000 shares shall be
classified as preferred stock, $0.0001 par value per share ("Preferred
Stock"). The Common Stock and the Preferred Stock shall each constitute
a separate class of shares.
THIRD: Every twenty (20) shares of the Corporation's Common Stock
outstanding on March 7, 2007 ("Old Common Stock") shall automatically, without
any action on the part of the holder thereof or the Corporation, be combined
into and shall become one (1) fully paid and non-assessable share of the
Corporation's Common Stock ("New Common Stock"). Each holder of a certificate or
certificates representing Old Common Stock shall be entitled, upon surrender of
such certificate or certificates to the Corporation for cancellation, to new
certificates representing the number of shares of New Common Stock as provided
herein. A surrender of the certificates representing Old Common Stock is
required before the issuance of a certificate or certificates representing New
Common Stock, except for those certificates representing Old Common Stock that
are held in street name as of March 7, 2007. The certificates representing the
New Common Stock will be transmitted to the stockholders of record upon
surrender of the certificates representing the Old Common Stock. No fractional
shares of Common Stock or scrip certificate therefor will be issued to the
holders of the shares of Old Common Stock by reason of the foregoing
one-for-twenty reverse stock split. Any fractions resulting from the reverse
stock split computation will be rounded up to the next whole share. The total
number of shares of Common Stock that the Corporation shall have the authority
to issue shall remain 250,000,000 shares after the reverse stock split.
FOURTH: These Articles of Amendment to the Articles of Incorporation
were proposed and recommended for shareholder approval by the Board of Directors
of the Corporation pursuant to the unanimous written consent of the Board of
Directors of the Corporation in lieu of meeting dated February 2, 2007. At the
Annual Meeting of Stockholders held on February 20, 2007, the number of votes
cast in favor of the amendments set forth herein by the stockholders of the
Corporation was sufficient for approval of the amendments.
IN WITNESS WHEREOF, I have executed this Certificate of Amendment this
28th day of February, 2007.
-----------------------------
Reed Clayson, President
AI
