..completed the required paperwork to reduce he Authorized Share Capital by 40%. The filing calls for the change in Authorized to take effect on January 10th 2011..
Cloud Centric Systems recently announced that its officers had agreed to retire their common stock holding in place of locked in preferred stock. Whilst the undertaking from the officers was that this would be completed by the middle of January 2011, it is understood to already be underway.
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