Replies to post #17350 on IDO Security, Inc. (fka IDOI)

[MiltonTonic]

Notice is hereby given that a Special Meeting of Stockholders (the “Special Meeting”) of IDO Security, Inc. will be held on November 10 , 2010 at 9:00 a.m., Eastern Time, at our premises at 17 State Street, New York, NY 10004 , for the following purposes:

1.

To approve an amendment to our Certificate of Incorporation to increase the number of authorized shares of our common stock from 5,000,000,000 to 60,000,000,000 shares.

2.

To consider any other business that is properly presented at the Special Meeting and any adjournments thereof.

http://ih.advfn.com/p.php?pid=nmona&article=44368097&symbol=OTCBB%3AIDOI

Be sure to scroll down and read this part:
If we also apply the assumed conversion price of $0.0006 as a guide to the number of shares that we may need to reserve in respect of the December 2008 and 2009 Securities, then we will need to issue 15,753,946,667 shares to pay the outstanding principal amount of the December 2008 and 2009 Securities.