Exhibit 1A-11 CONSENT.1
JOINT CONSENT OF THE STOCKHOLDERS AND BOARD OF DIRECTORS
OF
EI.VENTURES, INC.
EFFECTIVE: SEPTEMBER 9, 2020
The undersigned, constituting all the stockholders (the “Stockholders”) and members of the Board of Directors (the “Board”) of Ei.Ventures, Inc., a Delaware corporation (the “Company”), pursuant to Delaware General Corporation Law, adopt the following resolutions by written consent:
FORM 1-A APPROVAL
WHEREAS, the Board has determined that it is in the best interests of the Company to raise up to $50,000,000.00 through the authorization, sale and issuance of common stock by filing a Form 1-A with the Securities and Exchange Commission (“SEC”), in substantially the form attached hereto as Exhibit A (the “Form 1-A”); and
WHEREAS, after careful consideration, the Stockholders and Board have determined that the terms and conditions of the Form 1-A are just, equitable and fair as to the Company.
NOW, THEREFORE, BE IT RESOLVED, that the Form 1-A is approved in all respects;
RESOLVED FURTHER, that the officers of the Company are authorized and directed, for and on behalf of the Company, to file the Form 1-A with the SEC, along with any and all other agreements, certificates or documents required or contemplated by the Form 1-A or deemed necessary or appropriate in connection therewith, and to take all actions deemed necessary or appropriate to cause the Company’s obligations thereunder to be performed;
RESOLVED FURTHER, in connection with and in furtherance of the transactions contemplated by the Form 1-A, that the officers of the Company are authorized and directed, for and on behalf of the Company, to communicate with the SEC and cause any additions, modifications, amendments or deletions to be made to the Form 1-A, and such other agreements, certificates or documents, as any such officer may approve, and the execution and delivery thereof by any officer of the Company shall be deemed conclusive evidence of the approval of any such addition, modification, amendment or deletion; and
RESOLVED FURTHER, that the Company is authorized and directed to reserve for issuance upon qualification of the Form 1-A, the maximum number of shares of common stock that the Company issues in the financing.
OMNIBUS RESOLUTIONS
RESOLVED, that the officers of the Company are authorized and directed, for and on behalf of the Company, to make such filings and applications, to execute and deliver such documents and instruments, and to do such acts and things as any such officer deems necessary or appropriate in order to implement the foregoing resolutions.
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