Minutes of the Board of Directors Meeting Cannabis Sativa, Inc.
Date: November 13, 2024
Call-in # (605)765-4000 Pin # 765906
Present:
•David Tobias, CEO and Chairman
•Cathy Carroll, Trevor Reed Rob Tankson
Call to Order:
The meeting was called to order at l0am MST by David Tobias, CEO
Agenda:
1.Acquisition of Dogecoin Cash (DOG) Tokens and DogeSPAC, LLC
2.Corporate Name Change
3.Declaration of Special Dividend
Discussion and Resolutions
1.Acquisition of Dogecoin Cash (DOG) Tokens and DogeSPAC, LLC
The Board discussed the acquisition of 600,000,000 Dogecoin Cash tokens (crypto symbol.- DOG) and DogeSPAC, LLC, a Colorado entity, from DogeSPAC, LLC, Puerto Rico. This acquisition aims to integrate cryptocurrency capabilities within the company's operations and align with its strategic focus on digital assets.
Resolution:
After discussion, the Board resolved to approve the acquisition of 600,000,000 Dogecoin Cash (DOG) tokens and DogeSPAC, LLC, Colorado, from DogeSPAC, LLC, Puerto Rico.
2.Corporate Name Change
The Board considered a name change from Cannabis Sativa, Inc. to Dogecoin Cash, Inc., reflecting the company's strategic pivot towards cryptocurrency solutions.
Motion by Cathy Carroll; Trevor Reed 2nd, passed unanimously
Resolution:
The Board unanimously approved the name change to Dogecoin Cash, Inc., effective upon filing with the state of Nevada.
Motion by Cathy Carroll; Trevor Reed 2nd. passed unanimously
3.Declaration of Special Dividend
The Board discussed issuing a special dividend to shareholders as part of its strategic alignment with digital currency initiatives. It was proposed that common shareholders of record on November 25, 2024, receive one preferred share for every 1,000 common shares held.
Resolution:
The Board approved the declaration of a special dividend, issuing one preferred share for every 1,000 common shares held by shareholders on the record date of November 25, 2024.
Motion by Cathy Carroll; Trevor Reed 2nd, passed unanimously
Clarification Statement
The Board emphasized that Dogecoin Cash, Inc. (trading under CBDS) and the Dogecoin Cash (DOG) token are separate entities, each identified by unique CUSIP numbers to avoid confusion in trading and financial reporting.
Adjournment:
There being no further business, the meeting was adjourned at [time].
David Tobias
CEO and Chairman
Date: November 13, 2024
