Wellstar International (WLSI)

[TOUCAN]

R/S Coming In JAN

WLSI - Reversing 1 for 100. From 8K filed 12/18/09:

"On December 15, 2009, Wellstar International, Inc. (the “Company”) filed a Certificate of Change with the State of Nevada to reverse split the outstanding and authorized common stock on a basis of one for 100 shares of common stock resulting in a decrease in the number of authorized issued and outstanding shares at the ratio of 100 for one. No fractional shares shall be issued. In lieu of issuing fractional shares, the Company will issue to any shareholder who otherwise would have been entitled to receive a fractional share as a result of the reverse split an additional full share of its common stock. The above transactions were approved by the Board of Directors of the Company. The effective date of the reverse split is January 15, 2010. As a result of the reverse split, the Company will have approximately 140,000,000 shares issued and outstanding and 200,000,000 shares of common stock authorized.


The foregoing information is a summary of each of the agreements involved in the transactions described above, is not complete, and is qualified in its entirety by reference to the full text of those agreements, each of which is attached an exhibit to this Current Report on Form 8-K. Readers should review those agreements for a complete understanding of the terms and conditions associated with this transaction."