Item 8.01 Other Events On November 20, 2012, the Board of Directors and a majority of Shareholders of the Company approved a reverse split of the Company’s common stock on a 1,000 for 1 basis, such that each shareholder shall receive 1 new share for each 1,000 shares held on the effective date. The Company expects the stock split to be declared effective by FINRA the week of December 10, 2012.