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stockmama22

11/20/15 12:23 PM

#37301 RE: apple-bag #37300

As far as I know, still unlimited. But last filing said "it wouldn't be necessary to authorize more shares.." I think after R/S there'll be 4mill in shares?

Vrameur

11/21/15 4:41 AM

#37302 RE: apple-bag #37300

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10968685

" The approval of an amendment to our Articles of Incorporation to: (i) change the Company's name from StreamTrack, Inc. to Total Sports Media, Inc., (ii) effect a 1-for 800 reverse split of the Company's common stock and (iii) decrease the authorized number of shares of common stock from an unlimited number to 40,000,000.

Purpose of Decrease in Authorized Common Stock


The Board of Directors believes that, due to the decrease in the number of outstanding shares of common stock that will result from the reverse stock split as described above, the Company no longer has a need for an unlimited number of authorized shares of common stock and that 40,000,000 authorized shares of common stock is sufficient for the Company at this time. In the event we need to increase our authorized shares of common stock in the future, the Company's Articles of Incorporation, as amended, may be amended to increase the number of authorized shares of common stock.