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Re: AliAngel post# 24

Saturday, 01/09/2010 2:25:16 AM

Saturday, January 09, 2010 2:25:16 AM

Post# of 56
JKAK - Looking for shareholder approval for a 1 for 35 r/s. From Pre 14A filed 01/08/09:

"The Board of Directors of JK Acquisition Corp. (the "Company") is soliciting your consent to the following:

1. Two proposals to amend the Company's Second Amended and Restated Certificate of Incorporation:

* to change the name of the Company to "Golden Gate Homes, Inc." (the "Corporate Name Change Amendment"); and

*. to effect a 1-for-35 reverse stock split (the "Reverse Stock Split") of the Company's Common Stock, $.0001 par value per share ("Common Stock"), in which every thirty-five shares of Common Stock outstanding as of the effective date of the amendment will be converted into one share of Common Stock; provided, however, that all fractional shares will e whole share (the "Reverse Stock Split Amendment");"

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