Replies to post #10030 on GT Biopharma Inc (GTBP)

[simon wagstaff]

Oh dear, anybody who cares can read directly from the filing:

NOTICE IS HEREBY GIVEN that the holders of more than a majority of the voting power of the shareholders of Oxis International, Inc., a Delaware corporation ("Company," "we, " "us, " or "our"), have approved the following actions without a meeting of stockholders in accordance with Section 228 of the Delaware General Corporation Law:

·
The approval of an amendment to our certificate of incorporation to effect a reverse stock split of the Company's common stock at a ratio to be determined by the Board prior to the effective time of the amendment (the "Effective Time") of not less than one-for-fifty and not more than one-for-three hundred; and

·
The approval of an amendment to our certificate of incorporation to set the number of authorized shares of common stock the Company shall authority to issue following the reverse stock split in an amount to be determined by the Board prior to the Effective Time; and

This action will become effective on the 20th day after the Definitive Information Statement is mailed to our stockholders.