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Replies to post #70906 on Triple 000 and Sub-penny Chart Plays
PROPOSAL 1
GRANT AUTHORITY TO THE BOARD OF DIRECTORS
TO CONDUCT A REVERSE SHARE STOCK SPLIT
OF ATTITUDE’S COMMON STOCK.
Purpose: Attitude’s Board of Directors has unanimously adopted a resolution and a stockholder owning in excess of 51% of the voting power of Attitude approved the Amendment to effectuate the Reverse Stock Split of our outstanding shares of common stock by a ratio of not less than 1-for-50 and not greater than 1-for-100, with the exact ratio and effective date of the Stock Split to be determined by the Board of Directors.
The Stock Split would reduce the number of outstanding shares of our common stock. The Board of Directors has determined that it would be in Attitude’s best interest to conduct a reverse stock split of its common stock on no less than a 1-for-50 basis and no greater than a 1-for-100 basis and has received the consent of the holders of in excess of a majority of the voting power of Attitude’s securities to authorize the Board of Directors to conduct the Stock Split.
AI
