Foundation Healthcare Inc. (fka FDNHQ)

[Renee]

Reverse Split imminent :

"On February 1, 2011, shareholders representing approximately 53.8% of the voting power of the Company as of the record date adopted and approved, by written consent in lieu of a special meeting, the Amendment and the Reverse Stock Split. These shareholders consisted solely of our directors, our executive officers and certain of our shareholders who each beneficially own in excess of 5% of our outstanding Common Stock."

"This Information Statement and Notice of Action by Written Consent of Shareholders is being furnished by the Company to our shareholders of record as of February 1, 2011, to inform the shareholders of the proposed Amendment to effect a reverse stock split of its issued and outstanding common stock in one of five ratios, namely 1 for 2, 3, 4, 5 or 6 that is described in more detail in this Information Statement (the “Reverse Stock Split”)."

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7713576-1027-59988&type=sect&TabIndex=2&companyid=609322&ppu=%252fdefault.aspx%253fcik%253d1272597

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7713576