Pollex, Inc. (OTCMKTS:PLLX) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Pollex, Inc. (OTCMKTS:PLLX) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03Amendments to Articles of Incorporation; Change in Fiscal year

Story continues below

On June 22, 2017, Pollex, Inc. (the “Company”) filed a certificate of amendment (the “Certificate”) to its articles of incorporation with the State of Nevada effectuating a reverse split of the Company’s common stock at a ratio of 1 for 300 (the “Reverse Split”). The Reverse Split became effective in the State of Nevada on July 12, 2017. The holders of a majority of the shares of common stock of the Company had previously approved the Reverse Split on June 8, 2017.

The Reverse Split was announced on the Daily List maintained by Financial Industry Regulatory Authority, Inc. on July 11, 2017, and took effect at the open of business on July 12, 2017. The temporary new symbol is PLLXD. The “D” will be removed 20 business days from July 12, 2017. As a result of the Reverse Split, each three hundred (300) shares of common stock issued and outstanding prior to the Reverse Split has been converted into one (1) share of common stock, and all options, warrants, and any other similar instruments convertible into, or exchangeable or exercisable for, shares of common stock have been proportionally adjusted. No fractional shares will be issued if, as a result of the Reverse Split, a stockholder would otherwise have been entitled to a fractional share. Instead, each fractional share was rounded up.

The Company’s shares of common stock will continue to trade on the OTCPink but will trade under a new CUSIP of 731511 200.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the complete text of the Certificate, which is attached hereto as Exhibit 3.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

3.1 Certificate of Amendment dated June 20, 2017

Pollex, Inc. Exhibit
To view the full exhibit click here

About Pollex, Inc. (OTCMKTS:PLLX)

Pollex, Inc., formerly Joytoto USA, Inc., is focused on online games by acquiring new game licenses to provide commercial service of such games in South Korea and the United States. The Company’s online game business is The Great Merchant. The Company operates online game at its Website, http://www.thegreatmerchant.com. The Great Merchant is a free-to-play massively multiplayer online (MMO) personal computer (PC) game. Players can download the game for free from its Website and interact with other players in the game to trade, fight and explore the game world. As a free-to-play game, the Great Merchant offers micro-transactions through PayPal, which players can purchase in game currency (GP) to further their character and purchase items to increase their character’s abilities and in game looks. The Company is a subsidiary of Joytoto Co., Ltd. (Joytoto Korea).

An ad to help with our costs