Welllllll Joe .... did they vote on the stock split ?
Wellllllllllllll Chris, The meeting was supposed to be yesterday. I guess we'll see soon eh? :)
Ridgeland, MS, AUG 05, 2002 (EventX/Knobias.com via COMTEX) -- Walker
International Industries Inc (OTCBB: WINT) released a PRE 14A Friday, after the
market closed, setting the agenda for its Annual Meeting on September 18, 2002.
Shareholders are asked to approve, among other things:
- An increase in the number of authorized shares of the Company's common stock
to 100,000,000 from 1,000,000.
- Authorization for the Board to issue serial preferred stock, consisting of
5,000,000 shares
- An amendment to the Company's Certificate of Incorporation to expand the
authorized nature of business and purpose of the Company to include engaging in
any act or activity for which corporations may be lawfully organized under the
General Corporation Law of Delaware
- The 2002 Equity Incentive Plan
The Company has issued and Outstanding, 709,688 shares of common stock.
SHARE INCREASE
The Company's proposed stock authorization increase will accommodate its planned
14:1 forward split of common shares.
After the split, there will be:
- 9,935,632 shares outstanding
- 1,185,184 shares reserved under outstanding options and warrants to purchase
stock
- 88,879,184 shares available for future issuance
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