ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
Effective
(a) increasing the number of authorized shares of common stock, par value
(b) creating a class of preferred stock, par value
The rights and restrictions attached to the Company's Common Stock remain unchanged.
The Preferred Stock provides the Company's board of directors (the "Board") with the discretion to establish one or more series of Preferred Stock, the number of shares constituting that series, and the rights, privileges and restrictions attached to each series so established. The rights, privileges and restrictions attached to any series of Preferred Stock established by our Board may be greater than those available to holders of the Company's Common Stock.
The above described amendments to the Company's Articles were approved by
written consent provided by holders of 51% of the Company's outstanding shares
of Common Stock as of the record date established for such purpose of
The above description of the amendments to the Company's Articles does not
purport to be complete, and is qualified in its entirety by reference to the
full text of the Certificate of Amendment filed by the Company with the
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
The information set forth in Item 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 5.07 in its entirety.
As described the Company's Consent Solicitation Statement filed with the
Shares %*
Written consents submitted FOR the amendments 82,175,899 51% Written consents submitted AGAINST the
262,810 <1%
amendments
Written consents submitted ABSTAINING 0 n/a * Based on 160,631,229 shares of Common Stock outstanding as of the Record Date.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following exhibits are provided with this Current Report:
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Exhibit
Number Description of Exhibit
4.1 Certificate of Amendment to Articles - Increase in Authorized
Capital to 850,000,000 shares of common stock, par value$0.001 and 100,000,000 shares of preferred stock, par value$0.001 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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