Exhibit 99.1
Board of Directors Minutes
MINUTES OF THE BOARD OF DIRECTORS
OF
ELDERWATCH, INC.
July 17, 2005
A meeting of the Board of Directors of Elderwatch Inc. (the “Corporation”), was held on July 17, 2005 at 9:00 a.m. Eastern Daylight Time.
Directors participating in the meeting were:
Allan Weiss
Chairman and Director
The Board unanimously resolved the following:
RESOLVED:
that the Board take all necessary steps to achieve a forward split of the Corporation’s issued and
outstanding common stock on a five to one (5 – 1) basis.
RESOLVED : that shareholder Alan Weiss, President, Secretary and Treasurer and shareholder Gerry Salsky
that upon the Corporation affecting a 5 to 1 forward split of the Corporation’s Common Stock
that shareholder Weiss will gift back to the Corporation 2,250,000 common shares for cancellation
and shareholder Gerry Salsky will gift back to the Corporation 1,500,000 common shares for
cancellation.
It being 10:00 a.m., (EST), and no further discussion was pursued, the meeting was adjourned.
/s/ Allan Weiss
/s/ Allan Weiss
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Allan Weiss
Allan Weiss
Secretary
Chairman of the Board
