The Company's Majority Shareholders are the beneficial owners of approximately 51.035% of the issued and outstanding shares of the Company's $.001 par value common voting stock (the "Common Stock"). The Majority Shareholders have voted for the Company to enter into that certain Share Exchange Agreement dated April 17, 2007 and to increase the authorized shares of the Common Stock of the Company to twenty billion (20,000,000,000) shares. The Company has received the executed Written Consent from a majority of stockholders, effective on April 17, 2007. A complete summary of each of these matters is set forth herein.