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Monday, 10/18/2010 2:48:57 PM

Monday, October 18, 2010 2:48:57 PM

Post# of 154
8K on share structure and split:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7504183


INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.03 – Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

The Registrant filed a notice with the Secretary of State for Nevada, pursuant to NRS 78.385 and 78.390 of the Nevada Statutes, whereby the Registrant decreased its authorized share capital as follows:

The authorized capital consisting of 750,000,000 shares of common stock, par value $ 0.001, and 750,000,000 shares of preferred stock, par value $ 0.001, are reverse split 300 times, thereby reducing the authorized common stock to 2,500,000 and the authorized preferred stock to 2,500,000. Issued and outstanding stock will also be reverse split 300 times.

Accordingly, the number of issued and outstanding common stock decreased from 45,394,260 to 151,314. The number of issued and outstanding preferred stock decreased from 800,000 to 2,667.

The decrease in authorized share capital and outstanding common and preferred stock was approved by majority vote.

The above noted reverse stock split is effective October 14, 2010.
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