Replies to post #18146 on GEX Management Inc (GXXM)

[lukin4winners]

Kept saying the 30M AS is for acquisitions and toxic take overs not for dilution. It's even in the 14C now.

Theissuance of additional shares of Common Stock may have a dilutive effect on earnings per share and on the equity and voting powerof existing holders of Common Stock. It may also adversely affect the market price of Common Stock. However, if additional sharesare issued in transactions whereby favorable business opportunities are provided which allow us to pursue our business plans,the market price of Common Stock may increase.



Theholders of Common Stock are entitled to receive dividends when, as, and if declared by our board of directors out of funds legallyavailable therefor. In the event of our liquidation, dissolution or winding up, the holders of Common Stock are entitled to shareratably in all assets remaining available for distribution to them after payment of liabilities and after provision has been madefor each class of stock having preference over Common Stock. Holders of Common Stock have no conversion, preemptive or other subscriptionrights, and there are no redemption provisions applicable to Common Stock. The holders of Common Stock are entitled to one votefor each share held of record on all matters to be voted on by our stockholders.



Onthe Record Date, the amendment of our articles of incorporation, as amended, to increase the number of authorized shares of CommonStock to 30,000,000,000 was approved by the written consent of stockholders representing approximately 51.0% of our outstandingvoting stock. On May 21, 2019, our board of directors approved such amendment. The approval of the amendment of our articles ofincorporation, as amended, to authorize the increase of the number of authorized shares of Common Stock to 30,000,000,000 requiredsuch board approval and the affirmative vote of stockholders representing a majority of our outstanding voting securities. Suchrequirements have been met, so no vote or further action of our stockholders is required to approve the amendment of our articlesof incorporation to authorize the increase of the number of authorized shares of Common Stock to 30,000,000,000. You are herebybeing provided with notice of the approval of such amendment by less than unanimous written consent of our stockholders.



Promptlyafter the twentieth day after the date this Information Statement has first been sent to stockholders, we intend to take all otherrequired actions to complete the amendment of our articles of incorporation to increase the number of authorized shares of CommonStock to 30,000,000,000 consistent with the foregoing.