UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 7, 2010
AGRISOLAR SOLUTIONS, INC.
(Exact Name of Registrant as Specified in Charter)
| | | | | | |
| Colorado | | 333-141201 | | 20-5614030 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | | | |
|
4807 S. Zang Way Morrison, CO 80465 |
(Address of principal executive offices) |
Registrant’s telephone number, including area code: 303-979-2404
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 DFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.03 – AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
(a)
On May 7, 2010, the Registrant filed Articles of Amendment to its Articles of Incorporation for the purpose of:
(i)
Increasing the number of authorized shares of $0.001 par value common stock from 100,000,000 to 200,000,000 shares, and increasing the number of authorized shares of $0.001 par value preferred stock from 10,000,000 to 30,000,000 shares;
(ii)
Cancelling the designation of two classes of preferred stock consisting of 5,000,000 shares of Series A preferred stock 1,600,000 shares of Series B preferred stock, and returning such shares to the status of authorized but unissued shares of preferred stock; and
(iii)
Designating a new class of preferred stock consisting of 25,714,286 shares of Series AA Convertible Preferred Stock, the designations, preferences, limitations and relative rights of which are as set forth in the Articles of Amendment filed as an Exhibit to this Current Report on Form 8-K.
The amendment to the Articles of Incorporation increasing the number of authorized shares was proposed by the Board of Directors and approved by written consent of shareholders holding more than a majority of the currently issued and outstanding common stock
The amendment to the Articles of Incorporation cancelling the designation of two classes of preferred stock and designating a new class of preferred stock consisting of 25,714,286 shares of Series AA Convertible Preferred Stock was approved by the Board of Directors.
ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS
(d)
Exhibits.
The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.
