UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 30, 2007
WINMAX TRADING GROUP, INC.
(Exact name of registrant as specified in its chapter)
FLORIDA 0-29751 65-0702554
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
48 Wall Street, 11th Floor
New York, New York 10005
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 888-533-4555
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year
Winmax Trading Group, Inc. is referred to herein as "the Company", "us", or
"we".
On April 30, 2007, our Board of Directors approved a reverse stock split of our
common stock at a ratio of one (1) share for every twenty (20) shares held. The
reverse split will become effective on June 7, 2007, at which time our existing
shareholders will receive one (1) share of our common stock for every twenty
(20) shares which they then hold. Prior to the split, we had 73,437,752 shares
of our common stock outstanding. After the June 7, 2007 effective date of the
reverse stock split, we will have 3,671,888 shares of our common stock
outstanding.
Additionally, our Board of Directors approved a decrease in our authorized
capital shares in proportion to the reverse stock split, which represents a
reduction of our authorized common stock at the ratio of one (1) common share
for every twenty (20) shares authorized. Prior to the reverse stock split we
were authorized to issue 750,000,000 shares of our common stock. After the June
7, 2007 effective date of the reverse stock split we will be authorized to issue
37,500,000 shares of common stock. In connection with the reverse split, we
amended our Articles of Incorporation. The amendment is attached hereto as
Exhibit 3 (i) 5.
The Company is authorized to issue 1,000,000 shares of preferred stock. After
the June 7, 2007 effective date of the reverse split, we will be authorized to
issue 50,000 shares of preferred stock of which no preferred shares are
outstanding.
Item 9.01 Financial Statements and Exhibits
Exhibit number Description
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3 (i) 5 Articles of Amendment to Articles of Incorporation of
Winmax Trading Group, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
June 5, 2007
/s/ GERALD SKLAR
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Gerald Sklar
President and CEO