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8-K - FORM 8-K - SaviCorpsavicorp_8k.htm
EX-99.1 - SERIES A PREFERRED STOCK - SaviCorpsavicorp_ex9901.htm

Exhibit 99.2

 

 

 

 

Certificate of Amendment to Certificate of Designation

For Nevada Profit Corporations

(Pursuant to NRS 78.1955 - After Issuance of Class or Series)

 

1. Name of corporation:

 

SaviCorp

 

2. Stockholder approval pursuant to statute has been obtained.

 

3. The class or series of stock being amended:

 

Series B Preferred Stock

 

4. By a resolution adopted by the board of directors, the certificate of designation is being amended as follows or the new class or series is:

 

The authorized number of Series B Preferred shares is decreased from 10,000,000 to 1,000,000.

The conversion ratio for the Series B Preferred shares is changed to 10,000 to 1.

See attached.

 

5. Effective date of filing: (optional)

 

6. Signature: (required)

 

/s/ Serge Monros                    

Signature of Officer

 

 

 

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AMENDMENT TO THE

 

CERTIFICATE OF DESIGNATION

 

OF

 

SERIES B PREFERRED STOCK

 

OF

 

SAVICORP

 

Pursuant to Section 78.195 of the
Revised Statutes of the State of Nevada

 

SAVICORP, a corporation organized and existing under the laws of the State of Nevada (the "Corporation"), does hereby certify that, pursuant to the authority conferred on its board of directors (the "Board of Directors") by its articles of incorporation (the "Articles of Incorporation"), as amended, and in accordance with Section 78.195 of the Revised Statutes of the State of Nevada ("NRS"), the Board of Directors (or, as to certain matters allowed by law, a duly authorized committee thereof) adopted the following resolution amending a series of Preferred Stock of the Corporation designated as "SERIES A Convertible Preferred Stock."

 

RESOLVED, that pursuant to the authority conferred on the Board of Directors of this Corporation (the "Corporation") by the Articles of Incorporation, a series of Preferred Stock, $.001 par value, of the Corporation be and hereby is amended as follows:

 

PREFERRED STOCK

 

1. DESIGNATION. This series of Preferred Stock shall be designated "SERIES B Convertible Preferred Stock" (the "SERIES B PREFERRED STOCK").

 

2. NUMBER OF SHARES AND PAR VALUE. The number of shares constituting the SERIES B Preferred Stock shall be equal to 10,000,000. Each share of the SERIES B Preferred Stock shall have par value of $.001. The authorized number of shares of Preferred Stock of the Corporation is 40,000,000 and the number of shares constituting the SERIES B Convertible Preferred Stock, consisting of the shares authorized hereby, is 10,000,000. The initial "CONVERSION RATIO" for the SERIES B Preferred Stock is changed to 1,000:1. No other rights or terms of the SERIES B Convertible Preferred Stock are hereby amended.

 

IN WITNESS WHEREOF, SAVICORP has caused this amendment to the certificate to be signed by its President, and its corporate seal to be hereunto affixed and attested by its Secretary, as of the 22nd day of September, 2014.

 

SAVICORP

 

By: /s/ Serge Monros                       
       Serge Monros, CEO Attest:

By: /s/ Rudy Rodriquez                   

       Rudy Rodriguez, Secretary

 

 

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