SIGNAL BAY, INC. (OTCMKTS:SGBY) Files An 8-K Material Modification to Rights of Security Holders
Item 3.03 Material Modification to Rights of Security Holders
On March 12, 2017, the holders of a majority of the Series B and
C preferred stock of Signal Bay, Inc. (the Company),
respectively, elected to amend the Series B and C preferred stock
designations to remove anti-reverse stock split provisions, so
that now the conversion of preferred stock to common stock shall
be downwardly adjusted upon a reverse stock split by the Company.
Item 9.01 Financial Statements and Exhibits.
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99.1 |
Certificate of Designation, Preferences and Rights of |
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99.2 |
Certificate of Designation, Preferences and Rights of |
About SIGNAL BAY, INC. (OTCMKTS:SGBY)
Signal Bay, Inc. (Signal Bay), through its subsidiaries, provides advisory, management and analytical testing services to the legalized cannabis industry. The Company’s segments are Signal Bay Consulting (SBC) and CR Labs, Inc. (CRLB). SBC provides advisory, licensing and compliance services to the cannabis industry. SBC’s clients are located in states that have state managed medical and/or recreational programs. SBC assists these companies with license applications, business planning, state compliance and ongoing operational support. CRLB provides analytical testing services to the cannabis industry. CRLB’s clients are located in Oregon and consist of growers, processors and dispensaries. Signal Bay provides advisory and consulting services to cannabis companies, including license application support, regulatory compliance, market forecasts and operational insights. It also publishes industry information through online media, research reports and publications. SIGNAL BAY, INC. (OTCMKTS:SGBY) Recent Trading Information
SIGNAL BAY, INC. (OTCMKTS:SGBY) closed its last trading session down -0.0014 at 0.0166 with 3,560,362 shares trading hands.