Thursday, July 21, 2011 10:36:30 AM
Form 8-K for ORIGINOIL INC
20-Jul-2011
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statemen
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On July 19, 2011, we filed with the Secretary of State of the State of Nevada a Certificate of Change to effect a reverse stock split of all of the outstanding and authorized shares of common stock at a ratio of 1 for 30 and a reverse stock split of the authorized shares of preferred stock at a ratio of 1 for 30 (the "Reverse Split). Pursuant to the Certificate of Change, fractional number of shares outstanding after the reverse split will be rounded up to the next highest number of full shares. The Certificate of Change was approved and adopted by the Board of Directors in accordance with the applicable provisions of the Nevada Revised Statutes.
In connection with the Reverse Split, on July 19, 2011, we filed an Issuer Company-Related Action Notification Form with the Financial Industry Regulatory Authority ("FINRA"). The Reverse Split is scheduled to take effect on or about August 3, 2011. Upon approval of the Reverse Split, FINRA will issue us a temporary ticker symbol for trading purposes.
Item 9.01 Financial Statements and Exhibits
(d.) Exhibits
3.1 Certificate of Change, filed on July 19, 2011.
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