Board Minutes of China Bull Management Inc. – Share Actions and Stock Issuance (January 30, 2011)
China Bull Management Inc.'s board decided to conduct a 1-for-10 reverse stock split for existing common shares as of January 30, 2011. The company will allow Andrew Chien to buy 900,000 shares and Kin Yuet Li to buy 10,000 shares at a par value of $0.0001 per share. Additionally, the company will offer some shares to shareholders at $0.50 per share to raise funds for operations. All shares, except those held by officers, will be registered before February 15, 2011.
EX-10.04
CHINA BULL MANAGEMENT INC
Address: 665 Ellsworth Avenue
New Haven, CT 06511, USA
Email: ***@***
***@***
Telephone: ###-###-####
203 ###-###-####
January 30, 2011
Board Minutes
The Board has made following decisions:
(1) The existing shares of common stock on the record day of January 30, 2011 will make 1 for 10 reverse split.
(2) The company offers Andrew Chien to purchase 900,000 shares at par value $0.0001 and Kin Yuet Li 10,000 shares at par value $0.0001.
(3) The Board will make sale part of its shares to shareholders at $0.5 /share. The proceeds will support the company’s operation.
(4) The company will make registration for all shares except officers’ before February 15, 2011.
Andrew Chien
President
