I was just checking this stock out... am I reading
Post# of 40
Posted On: 01/27/2013 1:55:10 PM
I was just checking this stock out... am I reading this 14c correctly? Increase from 5 billion shares to 20 billion?? Why on earth would there need to be 20 billion shares?
"This Information Statement (the “Information Statement”) has been filed with the Securities and Exchange Commission (the “Commission”) and is being furnished to the holders (the “Stockholders”) of shares of common stock, (the “Common Stock”), of Attitude Drinks Incorporated, a Delaware Corporation (the “Company”) for informational purposes only, pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations prescribed thereunder. We are sending you this Information Statement to notify you that on or about January --, 2013, the Stockholders holding a majority voting rights of our Common Stock (the “Majority Stockholders”) approved the following actions (the “Corporate Actions”) by written consent in lieu of a meeting of Stockholders: Amend the Company’s Certificate of Incorporation to increase the number of shares of authorized common stock of the Corporation to 20,000,000,000 from 5,000,000,000 and to decrease the par value of its common stock and preferred stock from $.001 to $.00001 per share and ratify the Attitude Drinks Incorporated 2013 Equity Incentive Plan (the “ Plan ”). "
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