This Information Statement has been filed with the Securities and Exchange Commission and is being furnished to the holders (the “Stockholders”) of the common stock, par value $0.001 per share (the “Common Stock”), of Maverick Oil and Gas, Inc., a Nevada corporation (the “Company”), to notify the Stockholders that on or about March 27, 2008, the Company received written consents in lieu of a meeting of stockholders from the holders of 59,334,286 shares of Common Stock (representing approximately 50.2% of the outstanding shares of capital stock of the Company having voting power) (the “Majority Stockholders”) approving a reduction in the number of issued and outstanding shares of the Company's Common Stock on a 1 for 50 basis (the “Reverse Split”). Once the Reverse Split becomes effective, each 50 shares of Common Stock held by a Stockholder will be reduced to 1 share, with fractional shares being rounded up to the next highest number of whole shares. The Reverse Split will not change the total number of shares of Common Stock and preferred stock the Company is authorized to issue.
On March 26, 2008, the Company's Board of Directors approved the Reverse Split, subject to stockholder approval. Since the Reverse Split has been approved by the Majority Stockholders, your consent is not required and is not being solicited in connection with the approval of the Reverse Split.
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