Item 5.03 Amendments to Articles of Incorporation or Bylaws; Increase Authorized
Shares
On September 17, 2022, the board of directors of Deep Green Waste & Recycling,
Inc. (the "Company," "we," "us," or "our") approved amendments to the Company's
Articles of Incorporation. The principal effects of the changes were to increase
the number of authorized common shares from 1,000,000,000 shares to
3,000,000,000 shares.
The foregoing is a summary of the amendments to the Articles of Incorporation
that will be filed with the State of Wyoming on September 20, 2022.
Increase Authorized Common Stock
Section 1. Authorized Shares. The aggregate number of shares which the
Corporation shall have authority to issue is three billion and five million
(3,005,000,000) shares, consisting of two classes to be designated,
respectively, "Common Stock" and "Preferred Stock," with all of such shares
having a par value of $.0001 per share. The total number of shares of Common
Stock that the Corporation shall have authority to issue is three billion
(3,000,000,000) shares. The total number of shares of Preferred Stock that the
Corporation shall have authority to issue is five million (5,000,000) shares.
The Preferred Stock may be issued in one or more series, each series to be
appropriately designated by a distinguishing letter or title, prior to the
issuance of any shares thereof. The voting powers, designations, preferences,
limitations, restrictions, and relative, participating, optional and other
rights, and the qualifications, limitations, or restrictions thereof, of the
Preferred Stock shall hereinafter be prescribed by resolution of the board of
directors pursuant to Section 2 of this Article III.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
3.1 Amendment to Certificate of Incorporation
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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