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Re: BoogieBNoodle post# 5084

Wednesday, 03/28/2012 5:29:44 PM

Wednesday, March 28, 2012 5:29:44 PM

Post# of 27969
A reverse split begins a new fiscal year.

http://www.sec.gov/Archives/edgar/data/1421665/000149315212000149/form8k.htm

ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BY-LAWS; CHANGE IN FISCAL YEAR.

On December 22, 2011, Solar Energy Initiatives Inc. (the “Company”) filed a Certificate of Correction to its Certificate of Amendment to the Certificate of Incorporation (the “Certificate”) to effect a reverse stock split of all outstanding shares of common stock at a ratio of 1 for 100 (the “Reverse Stock Split”). Fractional shares outstanding after the Reverse Stock Split will be rounded up to the next highest number of full shares. The Certificate was approved by the Board of Directors and shareholders holding a majority of the issued and outstanding shares of common stock. The effective date of the Reverse Stock Split is March 7, 2012.

In connection with the Reverse Stock Split, the Company filed an Issuer Company-Related Action Notification Form with the Financial Industry Regulatory Authority in November 2011. The Reverse Stock Split was implemented by FINRA on March 7, 2012. Our symbol on the OTCQX will be SNRYD for 20 business days from March 7, 2012. Our new CUSIP number is 83416P207.


But that's OK, the new company will make a new fiscal year when they change the company name.

See ya, fellas. I'm off to bus driving school.

All The Best