ITEM 5.03
AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
On January 9, 2014, pursuant to a majority vote of the shareholders and resolution of the board of directors, the Company changed its name to PARALLAX HEALTH SCIENCES, INC. A Certificate of Amendment to the Company’s Articles of Incorporation has been filed with the Secretary of State of Nevada.
ITEM 8.01
OTHER EVENTS
On January 7, 2014, 36,462,819 shares of the Company’s common stock were purchased from certain shareholders by its Chairman, Edward W. Withrow III. On the same day, said shares were cancelled, for the benefit of the Company. As a result of this transaction, the total issued and outstanding shares of common stock was reduced to 114,843,739 shares.
