On February 3, 2009 the directors issued a notice of special meeting of the shareholders to be held on February 16, 2009. The purpose of the meeting is as follows:1. To remove Ina Lang as a director
2. To elect three new directors
3. Approve the Amended and Restated Bylaws of the Company
4. Approve the Amended and Restated Articles of the Company
5. Approve a 1000 to 1 reverse stock split
6. Approve & ratify all past actions of the board
7. Transact such other business as may come before the board
As of February 3, 2009 there were 132,622,822 common shares of the company outstanding. There are no preferred shares outstanding as of that date. Ira Victor, the President and Director of the Company own’s 100,000,000 shares or 75.40% of the total issued and outstanding shares. Mr. Victor is actively looking at business opportunities for the Company. If the reverse stock split is approved, the number of outstanding common shares will be reduced to approximately 135,000.
