mPHASE TECHNOLOGIES, INC. (OTCMKTS:XDSL) Files An 8-K Other EventsItem 8.01 Other Events
to Section 14A: 7-2 of Title A, Corporations of the New Jersey Statutes , mPhase Technologies, Inc. has increased it authorized shares of common stock from 18 billion shares to 72 billion shares. This action was approved by the Board of Directors of the Company on February 28, 2017 and was perfected by an Amendment to the Company’s Certificate of Incorporation filed with the State of New Jersey on August 22, 2018.
About mPHASE TECHNOLOGIES, INC. (OTCMKTS:XDSL)
mPhase Technologies, Inc. is focused on marketing its automotive battery jump starter designed for the mass market and developing new smart surface products through the sciences of microfluidics, microelectromechanical systems (MEMS) and nanotechnology. The Company is engaged in commercializing its nanotechnology-enabled product for military and commercial applications-The Smart NanoBattery providing Power On Command. Its battery technology, based on the phenomenon of electrowetting, offers a way to store energy and manage power. The platform technology behind the Smart NanoBattery is a porous nanostructured material used to repel and precisely control the flow of liquids. The material has a Smart Surface that can be designed for other product applications, including medical oxygen generation, hot/cold packs and emergency lighting. As of December 31, 2015, the Company had completed a Phase II Small Business Technology Transfer Program (STTR) grant.
