Attached files
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| EX-3 - REAC GROUP, INC. | ex31marticlesofamendment0601.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 1, 2015
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REAL ESTATE CONTACTS, INC. | ||||||
(Exact name of registrant as specified in its charter) | ||||||
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Florida |
| 000-54845 |
| 59-3800845 | ||
(state or other jurisdiction of incorporation) |
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8955 U.S. Highway 301 N., No. 192 Parrish, Florida |
| 34219 | ||||
(address of principal executive offices) |
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(724) 656-8886 | ||||||
(registrant’s telephone number, including area code) | ||||||
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Not Applicable | ||||||
(former name or former address, if changed since last report) | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Section 5—Corporate Governance and Management
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On June 1, 2015, the Company, with the approval of the Board of Directors and a majority of its shareholders via written consent without a meeting, filed Articles of Amendment with the Secretary of State of Florida decreasing the authorized capital of the Company from Fifteen Billion (15,000,000,000) Shares to One Hundred Fifty million (150,000,000) shares (a 1 for 100 reverse stock split). The effective date of the reverse split is June 15, 2015. The Board also authorized increasing the number of shares allotted to preferred stock.
Accordingly, on June 15, 2015, the total authorized capital of the Company will be comprised of One hundred Forty Nine Million (149,000,000) shares of common stock, par value $0.00001 per share; Five Hundred Thousand (500,000) shares of Preferred Stock, Series A, par value $0.0001 per share; and Five Hundred Thousand (500,000) shares of Preferred Stock, Series B, par value $0.001 per share.
Each shareholder’s holdings will decrease by 100, but their percentage ownership in the Company shall remain the same. All fractional shares will be rounded up with no shareholder holding less than 1 share.
The Stock Split was approved by the Board of Directors in the best interests of the Company and based upon consideration of certain factors including, but not limited to, current trading price of the Company's shares of common stock on the OTC Markets and potential to increase the marketability and liquidity of the Company's common stock.
The Company will be submitting an Issuer Company-Related Action Notification Form to FINRA regarding the reverse split.
Section 9—Financial Statements and Exhibits.
Item 9.01. Financial Statements and Exhibits.
a.
None
b.
Exhibits
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NUMBER | EXHIBIT |
3.1m | Articles of Amendment to Articles of Incorporation, June 1, 2015 |
SIGNATURES
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.
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| REAL ESTATE CONTACTS, INC. |
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June 1, 2015 | /s/ Robert DeAngelis |
| Robert DeAngelis |
| Chief Executive Officer |
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