INFORMATION
STATEMENT
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
General Information
This
Information Statement is being furnished to the stockholders of Altair International Corp., a Nevada corporation (the “Company”),
in connection with the adoption of two amendments to our Article of Incorporation by our Board of Directors and the holders of a majority
of our issued and outstanding voting securities in lieu of a special meeting. On December 22, 2022 our Board of Directors approved and,
on December 22, 2022 the holders of a majority of our voting capital stock approved the filing with the Secretary of State of the State
of Nevada an amendment to our Articles of Incorporation, as amended (the “Amended Articles”) to (i) effect a 1:25 reverse
split of the Company’s common stock, par value $.001 per share (“Common Stock”) from 611,063,506 shares to 24,442,540
shares and (ii) reduce authorized share the number of authorized shares of the Company’s common stock from 500,000,000,000 to 500,000,000
(the “Proposal”). The Proposal will become effective on the later of (i) the announcement of the reverse split in the Daily
List by the Financial Industry Regulatory Authority (FINRA) of such corporate action or (ii) the date which is at least 20 days after
the date on which the Corporation’s definitive Information Statement is first mailed to its stockholders of record.
In
addition, if the number of our outstanding common shares is reduced dramatically as proposed by the Proposal, we will no longer need
the number of authorized shares of common stock currently provided in our charter. Moreover, our state franchise tax may be reduced by
reducing the number of our authorized shares of common stock. However, the Board of Directors has determined that reducing the number
of authorized shares by the same ratio as the number of outstanding shares will be reduced by the Proposal may not provide sufficient
shares to support the issuance of equity capital by the Company in the future. We believe that the availability of additional authorized
shares for issuance from time to time at the Board's discretion in connection with possible acquisitions of other companies, future financings,
investment opportunities, stock splits or stock dividends or for other corporate purposes is desirable to avoid repeated separate amendments
to our charter and the delay and expense of holding special meetings of stockholders to approve such amendments. Accordingly, the Board
has approved the reduction of authorized shares as set forth in Appendix A, which balances these two concerns, reducing the number of
authorized shares substantially while retaining a sufficient number of shares for the use by Company for those purposes described above.
Dissenters'
Right of Appraisal
The
Nevada Revised Statutes do not provide for dissenter's rights of appraisal in connection with the Proposed.
Voting
Securities
As
of the date of this information statement, our voting securities consist of our Common Stock of which 611,063,506 shares are outstanding.
Approval of the Proposal requires the affirmative consent of a majority of the shares of our Common Stock issued and outstanding on January
27, 2022 (the “Record Date”). The quorum necessary to conduct business of the stockholders consists of a majority of the
Common Stock issued and outstanding as of the Record Date.
Stockholders
who beneficially own an aggregate of 351,753,776 shares of our Common Stock, or approximately 57.5% of the total issued and outstanding
shares of Common Stock are the “Consenting Stockholders.” The Consenting Stockholders have the power to vote all of their
shares of our Common Stock, which number exceeds the majority of the issued and outstanding shares of our Common Stock on the date of
this Information Statement. The Consenting Stockholders have consented to the proposed actions set forth herein and had and have the
power to pass the proposed corporate actions without the concurrence of any of our other stockholders.
According
to N.R.S. 78.390, a majority of the Company’s outstanding voting power entitled to vote on the matter is required in order to amend
the Articles. The approval of this action by written consent is made possible by Section 78.320 of the Nevada Revised Statutes, which
provides that the written consent of the holders of outstanding shares of voting stock, having not less than the minimum number of votes
that would be necessary to authorize or take such actions at a meeting at which all shares entitled to vote thereon were present and
voted, may be substituted for such a meeting. To eliminate the costs involved in holding a special meeting, our Board of Directors elected
to utilize the written consent of the holders of more than a majority of our voting securities.
Pursuant
to Section 78.320 of the Nevada Revised Statutes, we are required to provide prompt notice of the taking of the corporate actions described
above without a meeting of stockholders to all stockholders who did not consent in writing to such action. This Information Statement
serves as such notice. This Information Statement will be mailed on or about January __, 2023 to stockholders of record as of the Record
Date and is being delivered to inform you of the corporate action described herein before such action takes effect in accordance with
Rule 14c-2 of the Securities Exchange Act of 1934.
The
entire cost of furnishing this Information Statement will be borne by the Company. We will request brokerage houses, nominees, custodians,
fiduciaries and other like parties to forward this Information Statement to the beneficial owners of our voting securities held of record
by them, and we will reimburse such persons for out-of-pocket expenses incurred in forwarding such material.
FORWARD-LOOKING
STATEMENTS
This
Information Statement may contain certain “forward-looking” statements (as that term is defined in the Private Securities
Litigation Reform Act of 1995 or by the Commission in its rules, regulations and releases) representing the Company’s expectations
or beliefs regarding the Company. These forward-looking statements include, but are not limited to, statements regarding the Company’s
business, anticipated financial or operational results or objectives. For this purpose, any statements contained herein that are not
statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words
such as “may”, “will”, “expect”, “believe”, “anticipate”, “intend”,
“desire”, “could”, “estimate”, “might”, or “continue” or the negative or
other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements, by their nature,
involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending
on a variety of important factors, including factors discussed in this and other filings of the Company with the Commission.
AMENDMENT
TO OUR ARTICLES OF INCORPORATION
TO EFFECT A REVERSE STOCK SPLIT OF THE COMMON STOCK OF THE COMPANY AND AN AUTHORIZED SHARE REDUCITIO
Our
Board of Directors has unanimously approved and adopted, subject to stockholder approval, an amendment to the Company’s Articles
of Incorporation to (i) effect a reverse stock split of the Company’s Common Stock. Pursuant to the proposed Reverse Split, 25
outstanding shares of Common Stock will be combined and become one share of Common Stock. (the “Reverse Split”) and (ii)
decrease the number of authorized shares of our common stock from 500,000,000,000 to 500,000,000 (the “Authorized Share Reduction”).
As
of January 6, 2023, the Company had 351,753,776 shares of Common Stock issued and outstanding. Based on the number of shares currently
issued and outstanding, immediately following the Reverse Split the Company would have approximately 24,442,540 shares of Common Stock
issued and outstanding (without giving effect to the rounding of fractional shares). The par value of the Common Stock will not be changed
in connection with the Reverse Split. such shares, for general corporate purposes.
When
implemented, the Reverse Split will be realized simultaneously and in the same ratio for all shares of the Common Stock. All holders
of Common Stock will be affected uniformly by the Reverse Split, which will have no effect on the proportionate holdings of any of our
stockholders, except for possible changes due to the treatment of fractional shares resulting from the Reverse Split. In lieu of issuing
fractional shares, the Company will round up in the event a stockholder would be entitled to receive less than one share of Common Stock
as a result of the Reverse Split. In addition, the split will not affect any holder of Common Stock’s proportionate voting power
(subject to the treatment of fractional shares), and all shares of Common Stock will remain fully paid and non-assessable. The number
of authorized and issued shares of the Company’s various series of preferred stock will not be affected in any way by the Reverse
Split.
When
implemented by the Board, the Reverse Split will be effective upon the filing of an Amendment to our Articles of Incorporation with the
Secretary of State of the State of Nevada. The Board of Directors will determine the actual time of filing of the Restated Certificate.
The
following chart reflects the changes in our capital structure following the Reverse Split and Authorized Share Reduction, the top row
reflecting the pre-split capital structure and the bottom row reflecting the post-split capital structure:
| Authorized
Shares of Common Stock |
Issued
and Outstanding Shares |
Reserved
but Unissued |
Available
for Issuance |
| 5,000,000,000 |
611,063,506
|
38,929,915 |
4,350,006,759 |
| 500,000,000 |
24,442,540, |
1,557,197 |
474,000,263 |
Reasons for
the Reverse Split
The
primary purpose for effecting the Reverse Split is to increase the number of our available shares for future financings, acquisitions
and general corporate purposes.
In
determining to authorize the Reverse Split, and in light of the foregoing, our Board of Directors considered, among other things, that
in the event that the Company engages in acquisitions or is spun out eventually fewer shares should result in a higher per share price
of our Common Stock, which might heighten the interest of the financial community in the Company and potentially broaden the pool of
investors that may consider investing in the Company. In theory, the Reverse Split should cause the trading price of a share of our Common
Stock after the Reverse Split to be 25 times what it would have been if the Reverse Split had not taken place. However, this will not
necessarily be the case.
In
addition, our Board of Directors considered that as a matter of policy, many institutional investors are prohibited from purchasing stocks
below certain minimum price levels. For the same reason, brokers may be reluctant to recommend lower-priced stocks to their clients or
may discourage their clients from purchasing such stocks. Other investors may be dissuaded from purchasing lower-priced stocks because
the commissions, as a percentage of the total transaction, tend to be higher for such stocks. Our Board of Directors believes that, to
the extent that the price per share of our Common Stock remains at a higher per share price as a result of the Reverse Split, some of
these concerns may be ameliorated. The combination of lower transaction costs and increased interest from investors could also have the
effect of increasing the liquidity of the Common Stock.
In
evaluating whether or not to authorize the Reverse Split, in addition to the considerations described above, our Board of Directors also
took into account various negative factors associated with reverse stock splits. These factors include:
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the negative perception
of reverse stock splits held by some investors, analysts and other stock market participants; |
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the
fact that the stock price of some companies that have implemented reverse stock splits has subsequently declined back to pre-reverse
stock split levels; and |
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the
adverse effect on liquidity that might be caused by a reduced number of shares outstanding, and the potential concomitant downward
pressure decreased liquidity could have on the trading price. |
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Also,
other factors such as our financial results, market conditions and the market perception of our business may adversely affect the market
price of our Common Stock. As a result, there can be no assurance that the price of our Common Stock would be maintained at the per share
price in effect immediately following the effective time of the Reverse Split. There also can be no assurance that the total market capitalization
of the Company following the Reverse Split will be higher than the market capitalization preceding the split or that an increase in our
trading price, if any, would be sufficient to generate investor interest.
Stockholders
should recognize that if the Reverse Split is effected, they will own a fewer number of shares than they currently own (a number equal
to the number of shares owned immediately prior to the Reverse Split divided by 25. While we expect that the Reverse Split will result
in an increase in the per share price of our Common Stock, the Reverse Split may not increase the per share price of our Common Stock
in proportion to the reduction in the number of shares of our Common Stock outstanding. It also may not result in a permanent increase
in the per share price, which depends on many factors, including our performance, prospects and other factors that may be unrelated to
the number of shares outstanding. The history of similar reverse splits for companies in similar circumstances is varied.
If
the Reverse Split is effected and the per share price of our Common Stock declines, the percentage decline as an absolute number and
as a percentage of our overall market capitalization may be greater than would occur in the absence of the Reverse Split. Furthermore,
the liquidity of our Common Stock could be adversely affected by the reduced number of shares that would be outstanding after the Reverse
Split.
Finally,
following the Reverse Split the number of authorized but unissued shares of our Common Stock relative to the number of issued shares
of our Common Stock will be increased. This increased number of authorized but unissued shares of our Common Stock could be issued by
the Board without further stockholder approval, which could result in dilution to the holders of our Common Stock. The increased proportion
of unissued authorized shares to issued shares could also, under certain circumstances, have an anti-takeover effect. For example, the
issuance of a large block of Common Stock could dilute the ownership of a person seeking to effect a change in the composition of our
Board of Directors or contemplating a tender offer or other transaction. The Reverse Split is not being proposed in response to any effort
of which the Company is aware to accumulate shares of Common Stock or obtain control of the Company.
Principal
Effects of the Reverse Split
General
The
Reverse Split will affect all of holders of our Voting Stock uniformly and will not change the proportionate equity interests of such
stockholders, nor will the respective voting rights and other rights of holders of our Voting Stock be altered, except for possible changes
due to the treatment of fractional shares resulting from the Reverse Split, as described below.
Exchange
Act Matters
Our
Common Stock is currently registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and we are
subject to the periodic reporting and other requirements of the Exchange Act. The Reverse Split, if implemented, will not affect the
registration of our Common Stock under the Exchange Act or our reporting or other requirements thereunder. Note, however, that the CUSIP
number for our Common Stock will change in connection with the Reverse Split and will be reflected on new certificates issued
by the Company and in electronic entry systems.
Number
of Shares of Common Stock and Number of Stockholders
The
Reverse Split would have the following effects on the number of shares of Common Stock:
1.
Each 25 shares of our Common Stock owned by a stockholder immediately prior to the Reverse Split would become one share of Common Stock
after the Reverse Split;
2.
All outstanding but unexercised options and warrants entitling the holders thereof to purchase shares of our Common Stock will enable
such holders to purchase, upon exercise of their options or warrants, one-seventy-eighth of the number of shares of our Common Stock
that such holders would have been able to purchase upon exercise of their options or warrants immediately preceding the Reverse Split,
at an exercise price equal to 78 times the exercise price specified before the Reverse Split, resulting in approximately the same aggregate
exercise price being required to be paid upon exercise thereof immediately preceding the Reverse Split;
3.
The number of shares of our Common Stock reserved for issuance (including the maximum number of shares that may be subject to options)
under our stock option plan will be reduced to one-seventy eighth of the number of shares currently included in such plan; and
4.
The number of shares of our Common Stock for which each share of Preferred Stock shall be authorized to vote on an as converted basis
will be reduced to one-seventy eighth of the number of shares of Common Stock currently authorized to be voted by each share of Preferred
Stock.
Rounding
in Lieu of Issuing Fractional Shares
The
Company will not issue fractional shares in connection with the Reverse Split. Instead, the Company will round up to the nearest whole
share any stockholder’s share ownership to the extent such stockholder would be entitled to receive less than one share of Common
Stock or greater as a result of the Reverse Split.
Accounting
Matters
The
Reverse Split will not affect total stockholders’ equity on our balance sheet. However, because the par value of our Common Stock
will remain unchanged, the components that make up total stockholders’ equity will change by offsetting amounts. As a result of
the Reverse Split, the stated capital component attributable to our Common Stock will be reduced to an amount equal to one-seventy-eighth
of its present amount, and the additional paid-in capital component will be increased by the amount by which the stated capital is reduced.
The per share net loss and net book value per share of our Common Stock will be increased as a result of the Reverse Split because there
will be fewer shares of our Common Stock outstanding.
Procedure
for Effecting the Reverse Split and Filing the Certificate of Amendment
Generally
The
Reverse Split and related amendment to the Articles of Incorporation, our Board of Directors will file the Amendment effecting the Reverse
Split with the Secretary of State of the State of Nevada. The Reverse Split will become effective as of 5:00 p.m. eastern standard time
on the date of filing, which time on such date will be referred to as the “effective time.” At the effective time, each 78
shares of Common Stock issued and outstanding immediately prior to the effective time will, automatically and without any further action
on the part of our stockholders, be combined into and become one share of Common Stock, subject to the treatment for fractional shares
described above, and each certificate which, immediately prior to the effective time represented pre-Reverse Split shares, will be deemed
cancelled and, for all corporate purposes, will be deemed to evidence ownership of post-Reverse Split shares. However, a stockholder
will not be entitled to receive any dividends or distributions payable after the Certificate of Amendment is effective until that stockholder
surrenders and exchanges his or her certificates.
Olde
Monmouth Stock Transfer Co., Inc., the Company’s transfer agent (the “Transfer Agent”), will act as exchange agent
for purposes of implementing the exchange of stock certificates, and is sometimes referred to as the “exchange agent.” As
soon as practicable after the effective time, a letter of transmittal will be sent to stockholders of record as of the effective time
for purposes of surrendering to the exchange agent certificates representing pre-Reverse Split shares in exchange for certificates representing
post-Reverse Split shares in accordance with the procedures set forth in the letter of transmittal. No new certificates will be issued
to a stockholder until such stockholder has surrendered such stockholder’s outstanding certificate(s), together with the properly
completed and executed letter of transmittal, to the exchange agent. From and after the effective time, any certificates formerly representing
pre-Reverse Split shares which are submitted for transfer, whether pursuant to a sale, other disposition or otherwise, will be exchanged
for certificates representing post-Reverse Split shares. STOCKHOLDERS SHOULD NOT DESTROY ANY STOCK CERTIFICATE(S) AND SHOULD NOT SUBMIT
ANY CERTIFICATE(S) UNTIL REQUESTED TO DO SO.
In
connection with the Reverse Split, our Common Stock will change its current CUSIP number. This new CUSIP number will appear on any new
certificates representing post-Reverse Split shares of our Common Stock.
Street
Name and Book-Entry Holders
Upon
the Reverse Split, the Company intends to treat shares held by stockholders in “street name”, through a bank, broker or other
nominee, in the same manner as stockholders whose shares are registered in their own names. Banks, brokers and other nominees will be
instructed to effect the Reverse Split for their beneficial holders. These brokers, banks and other nominees may have other procedures
for processing the transaction, however, and stockholders holding in street name are encouraged to ask their brokers, banks or other
nominees any questions they may have regarding such procedures.
Stockholders
who hold some or all of their shares in electronic book-entry form with the Transfer Agent do not have certificates evidencing their
ownership and need not take any action to receive their post-Reverse Split shares. Rather, a statement will be sent automatically to
any such stockholder’s address of record indicating the effects of the transaction, including the number of shares of Common Stock
held following the Reverse Split.
Certain
U.S. Federal Income Tax Consequences
The
discussion below is only a summary of certain U.S. federal income tax consequences of the Reverse Split generally applicable to beneficial
holders of shares of our Common Stock and does not purport to be a complete discussion of all possible tax consequences. This summary
addresses only those stockholders who hold their pre-Reverse Split shares as “capital assets” as defined in the Internal
Revenue Code of 1986, as amended (the “Code”), and will hold the post-Reverse Split shares as capital assets. This discussion
does not address all U.S. federal income tax considerations that may be relevant to particular stockholders in light of their
individual circumstances or to stockholders that are subject to special rules, such as financial institutions, tax-exempt organizations,
insurance companies, dealers in securities, and foreign stockholders. The following summary is based upon the provisions of the Code,
applicable Treasury Regulations thereunder, judicial decisions and current administrative rulings, as of the date hereof, all of which
are subject to change, possibly on a retroactive basis. Tax consequences under state, local, foreign, and other laws are not addressed
herein. Each stockholder should consult his, her or its own tax advisor as to the particular facts and circumstances that may be unique
to such stockholder and also as to any estate, gift, state, local or foreign tax considerations arising out of the Reverse Split.
The
Reverse Split will qualify as a recapitalization for U.S. federal income tax purposes. As a result,
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Stockholders
should not recognize any gain or loss as a result of the Reverse Split. |
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The
aggregate basis of a stockholder’s pre-Reverse Split shares will become the aggregate basis of the shares held by such stockholder
immediately after the Reverse Split. |
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The
holding period of the shares owned immediately after the Reverse Split will include the stockholder’s holding period before
the Reverse Split. |
The
above discussion is not intended or written to be used, and cannot be used by any person, for the purpose of avoiding U.S. Federal tax
penalties. It was written solely in connection with the solicitation of stockholder votes with regard to a proposed reverse split of
our Common Stock
Exchange
Act Matters
Our
Common Stock is currently registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and we are
subject to the periodic reporting and other requirements of the Exchange Act. The Reverse Split, if implemented, will not affect the
registration of our Common Stock under the Exchange Act or our reporting or other requirements thereunder. Our Common Stock is currently
traded on the OTCQB Venture market under the symbol “ATAO”, subject to our continued satisfaction of the OTCQB Venture market
listing requirements.
VOTING
SECURITIES AND PRINCIPAL STOCKHOLDERS
The
following table sets forth, as of January 6, 2023, certain information concerning the beneficial ownership of Common Stock by (i) each
person known by the company to be the owner of more than 5% of the outstanding common stock, (ii) each director, (iii) our executive
officers, and (iv) all directors and executive officers as a group. In general, "beneficial ownership" includes those shares
a director or executive officer has the power to vote or the power to transfer, and stock options and other rights to acquire common
stock that are exercisable currently or become exercisable within 60 days. Except as indicated otherwise, the persons named in the table
below have sole voting and investment power with respect to all shares shown as beneficially owned by them. The calculation of the percentage
owned is based on 611,063,506 shares outstanding. Unless otherwise indicated, the address of the following shareholders is the address
of the Company.
| Stockholders,
Management and Directors |
|
Shares
Beneficially Owned |
|
|
Percentage
of
Outstanding
Shares
Owned* |
|
| Leonard Lovallo, President and CEO, Director |
|
37,630,000 |
|
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5.89 |
% |
| Ramzi Khoury, Director |
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2,000,000 |
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* |
% |
11
Rue Jean Jaures
Creteil,
France 94000 |
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| Thirty 05, LLC |
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42,096,663 |
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6.9 |
% |
3005
Hoedt Road
Tampa,
FL 33618 |
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| Fourth Street Fund, LP(1) |
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241,793,050 |
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39.37 |
% |
4047
St Georges Ct.
Duluth,
GA 30096 |
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| All directors and executive officers as a group (2
persons) |
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39,630,000 |
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5.6 |
% |
* Beneficial
ownership of less than 1% is omitted.
(1) Lisa Mannion
is the beneficial owner of both the shares of the Company’s common stock held by Fourth Street Fund (141,793,050) for which she
is President and as Trustee of the Lisa E. Mannion Revocable Trust that holds 100,000,000 shares.
DELIVERY
OF DOCUMENTS TO SECURITY HOLDERS SHARING AN ADDRESS
Only
one information statement is being delivered to multiple security holders sharing an address unless the Company has received contrary
instructions from one or more of its security holders. The Company undertakes to deliver promptly upon written or oral request a separate
copy of the information statement to a security holder at a shared address to which a single copy of the documents was delivered and
provide instructions as to how a security holder can notify the Company that the security holder wishes to receive a separate copy of
an information statement.
Security
holders sharing an address and receiving a single copy may request to receive a separate information statement at Altair International
Corp., 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA 15212. Security holders sharing an address can request delivery
of a single copy of information statements if they are receiving multiple copies may also request to receive a separate information statement
at Altair International Corp., 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA 15212, telephone: (412) 770-3140.
COMPLIANCE
WITH SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934
Section
16(a) of the Securities Exchange Act of 1934, as amended, requires that our directors and executive officers, and persons who own more
than ten percent (10%) of our outstanding Common Stock, file with the Securities and Exchange Commission (the “SEC”) initial
reports of ownership and reports of changes in ownership of Common Stock. Such persons are required by the SEC to furnish us with copies
of all such reports they file. Specific due dates for such reports have been established by the SEC and we are required to
disclose any failure to file reports by such dates. We believe that during the fiscal year ended March 31, 2021, all reports required
to be filed pursuant to Section 16(a) were filed on a timely basis.
WHERE
YOU CAN OBTAIN ADDITIONAL INFORMATION
We
are required to file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy
any document we file at the SEC’s public reference rooms at 100 F Street, N.E, Washington, D.C. 20549. You may also obtain copies
of the documents at prescribed rates by writing to the Public Reference Section of the SEC at 100 F Street, N.E., Room 1580, Washington,
D.C. 20549. Please call the SEC at 1-800-SEC-0330 for more information on the operation of the public reference rooms. Copies of our
SEC filings are also available to the public from the SEC’s web site at www.sec.gov.
We
will provide, upon request and without charge, to each shareholder receiving this Information Statement a copy of our Annual Report on
Form 10-K for the fiscal year ended March 31, 2021, including the financial statements and financial statement schedule information included
therein, as filed with the SEC. You are encouraged to review the Annual Report together with any subsequent information we filed or will
file with the SEC and other publicly available information. A copy of any public filing is also available, at no charge, by contacting
Altair International Corp., 322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA 15212, telephone: (412) 770-3140.
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Altair International Corp. |
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By Order of the Board of Directors |
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| Date: January
13, 2023 |
By: |
/s/ Leonard
Lovallo |
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Leonard
Lovallo |
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President and Chief Executive Officer |
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Exhibit
A
Amendment
to Articles of Incorporation
Certificate
of Amendment to Articles of Incorporation For Nevada Profit Corporations (Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)
1. Name of corporation:
Altair International
Corp.
2. The articles
have been amended as follows: (provide article numbers, if available)
Article 3 is
amended as follows:
The
aggregate number of shares which the Corporation shall have authorized to issue is Five Hundred Ten Million (500,010,000) shares of which
Five Hundred Million (500,000,000) shall be shares of Common Stock, par value $0.001 per share, and Ten Million (10,000,000) shall be
shares of Preferred Stock, par value $0.001 per share. The Preferred Stock may be issued by the Board of Directors with such rights,
preferences and privileges set forth in a designation statement filed with the Nevada Secretary of State.
3.
The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power,
or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by
the provisions of the articles of incorporation to have voted in favor of the amendment is: 57%
4.
Effective date and time of filing: (optional) Date: Time: (must not be later than 90 days after the certificate is filed)
5.
Signature: (required)
/s/
Leonard Lovallo
President
and CEO
Signature
of Officer
