Addendum to Shareholders Consent Regarding Reverse Stock Split – Bigfoot Project Investments, Inc. and Shareholders
This addendum to the Shareholders Consent involves Bigfoot Project Investments, Inc. and its shareholders, including Carmine T. Biscardi and Sara Reynolds. The agreement outlines the shareholders' intention to implement a 100,000:1 reverse stock split at a future date to reduce the number of common shares in the market, aiming to improve stock distribution and increase shareholder value. The addendum becomes part of the original agreement and is binding on all parties involved.
Exhibit 10.3
Exhibit A
ADDENDUM TO SHAREHOLDERS CONSENT
Reference is made to the Shareholders Consent, dated as of November 13, 2019, among Bigfoot Project Investments Inc., a Nevada corporation (the “Company”), and Shareholders of the Company identified therein (the “Consent”). Capitalized terms used herein have the meanings assigned to such terms in the Consent.
WHEREAS, the Shareholders, wish to reduce the amount of common stock in the marketplace through a 100,000:1 reverse stock split in the future at the appropriate time to create better distribution of the stock in the market and to increase shareholder value.
This Addendum will be attached to and become part of the Agreement and will be binding upon and inure to the benefit of the Company and each other Shareholder.
SHAREHOLDER:
| Name: Carmine T. Biscardi | Name: Sara Reynolds | |
| Date: December 1, 2019 | Date: December 1, 2019 |
I acknowledge that I have read the foregoing Addendum and the Shareholders Agreement of the Company, that I know its contents, that I consent thereto and that I agree to be bound by its terms.
IN WITNESS HEREOF, the undersigned has executed this written consent as of the date first above written.
BIGFOOT PROJECT INVESTMENTS, INC
| By: |  | |
| Percentage of Shares held: 60% | ||
| By: |  | |
| Percentage of Shares held: 2.2% |
