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Bullboard - Stock Discussion Forum Verde Science Inc VRCI

Verde Science, Inc. is a pharmaceutical research and development company. The Company is engaged in medical science consulting business. The Company is focused on the discovery of drugs and treatment modalities, as well as diagnostic devices and pharmaceutical delivery systems for the treatment of diseases and medical issues. The Company is focused on developing medicinal formulations from... see more

GREY:VRCI - Post Discussion

Verde Science Inc > SEC Filing - Dilution? You Bet
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Post by copperhouse44 on Sep 20, 2013 3:19pm

SEC Filing - Dilution? You Bet

Here's a sneak peak, I included the link for the filing below......


SUMMARY OF PROPOSED AMENDMENT AND RELEVANT DATES

On September 3, 2013 our Board of Directors unanimously approved the amendment to our Articles of Incorporation (the " Articles of Amendment ") to increase the Company's authorized capital stock to 1,000,000,000 shares of common stock with a par value of $0.001 per share. Our Board of Directors has fixed the close of business on September 3, 2013 as the record date for the determination of stockholders who are entitled to receive this Information Statement. There were 102,588,543 shares of our common stock issued and outstanding on September 3, 2013.

Subsequent to our Board of Directors' approval of the amendment, on September 3, 2013, the holders of the majority of the outstanding shares of common stock of our Company as of the record date provided written consent to the Articles of Amendment to our Articles of Incorporation. We will not file the Articles of Amendment to our Articles of Incorporation until at least 20 days after the filing and mailing of this Information Statement in definitive form. We anticipate that the definitive Information Statement will be mailed on or about September 16, 2013 to all stockholders of record as of the record date, and that the definitive Information Statement will be filed with the SEC on the same date. We anticipate that the Articles of Amendment to our Articles of Incorporation will be filed with the Nevada Secretary of State, and will become effective, on or about October 7, 2013......


https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9495881

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