On October 24, 2017, the Board of Directors increased the authorized shares of its Series B Preferred Stock from 50,000,000 shares to 100,000,000 shares. Each share of Series B Preferred Stock shall entitle the holder thereof to 10 votes on all matters submitted to a vote of the stockholders of the Company. The Certificate of Designation is filed as an exhibit to this Current Report on Form 8K and is incorporated herein by reference.
On October 24, 2017, the Board of Directors approved an increase in its authorized shares and filed a Certificate of Amendment to Certificate of Incorporation with the Nevada Secretary of State to increase its authorized shares to 1,050,000,000 shares. The total number of shares of Common Stock that the Corporation shall have authori ty to issue is nine hundred fifty million (950,000,000) shares. The total number of Preferred Stock that the Corporation shall have authority to issue is one hundred million (100,000,000) shares. The Certificate of Amendment to the Articles of Incorporation is filed as an exhibit to this Current Report on Form 8K and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
10.00 Amendment for Certificate of Designation (for Series B Preferred Stock) dated October
10.01 Certificate of Amendment to the Articles of Incorporation dated October 24, 2017
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 2, 2017
By: /s/ Taiwo Aimasiko
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