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Non-Tech : HTLJ....Heartland, Inc.

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From: thomas a. burke1/4/2010 11:43:40 AM
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This just came out. I think they expect better numbers in the near future and are taking steps to get off the OTC-BB.

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Form 8-K for HEARTLAND, INC.

4-Jan-2010

Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statement

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On December 23, 2009, Heartland, Inc. (the "Company") filed Articles of Amendment with the State of Maryland to reverse split the issued and outstanding common stock on a basis of one for two shares of common stock resulting in a decrease in the number of issued and outstanding shares at the ratio of two for one. No fractional shares shall be issued. In lieu of issuing fractional shares, the Company will issue to any shareholder who otherwise would have been entitled to receive a fractional share as a result of the reverse split an additional full share of its common stock. The above transactions were approved by the Board of Directors of the Company. As provided by Maryland General Corporations Law Section 2-309(a) and (e), shareholder approval is not required. The effective date of the reverse split is January 15, 2010. As a result of the reverse split, the Company will have approximately 22,333,779 shares issued and outstanding. The authorized shares of common stock will not be impacted by the reverse split.
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