Replies to post #1360 on Bonanza Oil & Gas, Inc.(fka BGOI)

[snwboardn21]

Straight from the news... Unless the planned date of the forward split has changed...

The purpose of this information statement is to inform you that on December 3, 2009, the Board of Directors (the “ Board of Directors ”) of Bonanza Oil & Gas, Inc. (the “ Company ”) approved and recommended that the Company’s charter be amended (i) that the Company’s Articles of Incorporation be amended to increase the Company’s authorized shares of common stock to1,500,000,000 shares from 60,000,000 which will be increased to 120,000,000 shares on January 20,2010 (the effective date of a planned forward split) shares (the “Increase”); and (ii) approved, recommended and authorized the creation of 10,000,000 shares of Series D Preferred Shares, which shall be blank check preferred shares, and 10,000,000 shares of Series E Preferred Shares, which shall be blank preferred shares (the “Preferred Creation”).