CHERUBIM INTERESTS, INC. (OTCMKTS:CHIT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders
On May 31, 2017, holders of a majority of the voting rights of the Company approved a 20,000 to 1 reverse split of the Company’s Common Stock (“Reverse Split”), meaning that each 20,000 shares of Common Stock will be consolidated into 1 share of Common Stock following the reverse split, provided however, that fractional shares would be rounded up to the nearest whole share. Notice of the action taken by holders of a majority of the voting rights of the Company was provided to non-consenting shareholders in accordance with Nevada law.
About CHERUBIM INTERESTS, INC. (OTCMKTS:CHIT)
Cherubim Interests Inc., formerly Falcon Crest Energy Inc., is a development-stage company that is focused on alternative, commercial, single and multifamily dwelling opportunities for the purpose of investment purchase. It also provides renovation services to third party multifamily dwelling unit owners on a turn-key basis. The Company specializes in covering the entire spectrum of development, including due diligence, acquisition, planning, construction, renovation and property management. The Company had not generated any revenues. The Company previously operated in the oil and gas industry, focused on the exploration for and development of oil and gas properties. CHERUBIM INTERESTS, INC. (OTCMKTS:CHIT) Recent Trading Information
CHERUBIM INTERESTS, INC. (OTCMKTS:CHIT) closed its last trading session down -0.00010 at 0.00010 with 162,377,782 shares trading hands.