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Tuesday, June 07, 2011 9:38:49 AM
(i)
To effect a One (1) for Five Hundred (500) reverse stock split (1:500), whereby, as of the Record Date, for every five hundred shares of Common Stock then owned, each stockholder shall receive one share of Common Stock;
(ii)
To amend the Company’s Articles of Incorporation to increase the authorized common stock to 5,000,000,000 shares, listed on Appendix “A”;
(iii)
To amend the Company’s Articles of Incorporation to authorize a total of 2,500 new Series D Preferred shares, par value $0.001 per share, and in accordance with the rights and preferences listed on Appendix “A”.
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