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XFORMITY TECHNOLOGIES, INC. FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

August 4, 2014

ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.



Effective July 30, 2014, the Board of Directors of XFormity Technologies, Inc., a Colorado corporation (the "Company") approved an Amendment to Articles of Incorporation of the Company to authorize a new series of preferred stock designated Amended and Restated Series A Convertible Preferred Stock. The authorization of the Preferred Stock did not require shareholder approval.

Article IV of the Company's Articles of Incorporation provides authority to issue one hundred million (100,000,000) shares of Preferred Stock of the par value of $.01 per share. The Amended and Restated Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock of the Company was filed with the Colorado Secretary of State on July 31, 2014 which authorizes one hundred million (100,000,000) shares of the Company's authorized Preferred Stock to be designated as Series A Convertible Preferred Stock, having a stated value of $0.01 per share.

The specific terms and rights of the Series A Convertible Preferred Stock are as identified in the Certificate of Designations, Preferences, and Rights of Series A Convertible Preferred Stock of XFormity Technologies, Inc., attached hereto as Exhibit 3.1

ITEM 9.01: FINANCIAL STATEMENTS AND EXHIBITS (a) Exhibit Item Title 3.1 Amended and Restated Certificate of Designations, Preferences, and Rights of Series A Convertible Preferred Stock of XFormity Technologies, Inc.


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Source: Edgar Glimpses


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