EX1A-3 HLDRS RTS 4 tm2022363d1_ex3-2.htm EXHIBIT 3.2

 

Exhibit 3.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUPPLEMENT TO ITEM 5 OF CERTIFICATE OF AMENDMENT

TO ARTICLES OF INCORPORATION OF FORWARDLY, INC.

 

Article IV is amended as follows: The total number of authorized shares of capital stock of the Corporation is 1,400,000,000 of which 1,360,000,000 shares are common stock, par value $.001 per share, and 40,000,000 shares are preferred stock, par value $.001 per share. The Corporation hereby recapitalizes the corporate structure in the form of reverse stock split for the common stock only, in the ratio of 1 share for every 8 shares outstanding and without affecting the Class A, B, C, and D Preferred Stock, which preferred stock shall not be subject to this reverse split. The effective date of this reverse stock split shall be immediately upon the approval by Financial Industry Regulatory Authority (FINRA) of such corporate action. Any and all fractional shares resulting from this corporate action shall be rounded up to the next highest whole number.