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Re: wald post# 427

Saturday, 10/04/2008 12:34:24 AM

Saturday, October 04, 2008 12:34:24 AM

Post# of 13148
If the following is true I would run for the hills. Reverse splits can exclude preferred shares. Directors can vote on r/s
and leave shareholders out? 5,000,000,000 shares? why?

The amendment and restatement of the Articles of Incorporation to increase the number of authorized shares of the Company’s common stock, par $0.001 per share, from 300,000,000 shares to 5,000,000,000 shares.


2.
The amendment and restatement of the Articles of Incorporation to give the board of directors the power and authority, without a shareholder vote, to approve and implement forward and reverse splits of our common stock upon approval of a majority of the directors.
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