FG Nexus announces shareholder approval of 1T share authorization

FG Nexus announced that a majority of its shareholders have approved by written consent a landmark increase in authorized shares to 1T shares, consisting of 900B common shares and 100B preferred shares, representing what we believe to be one of if not the largest share authorizations of any U.S. publicly traded company. The increase in authorized shares is not yet effective, but is expected to become effective no earlier than 20 calendar days after the information statement relating to the written consent and related matters is first mailed or otherwise delivered to the company’s stockholders, and upon the filing of a certificate of amendment with the Secretary of State of Nevada.