Amfinished and Restated Articles of Incorporation Filed for BOTY with SEC – XBRL and Exhibit Details Included 5 – Minichart

Amended and Restated Articles of Incorporation Filed for BOTY with SEC – XBRL and Exhibit Details Included 5 – Minichart




Lingerie Fighting Championships, Inc. – Detailed Investor Update on Significant Corporate Actions

Key Points from the Report

  • Significant Increase in Authorized Common Shares:

    • On March 5, 2026, Lingerie Fighting Championships, Inc. (OTC: BOTY) filed an amfinished and restated set of Articles of Incorporation with the Secretary of State of Nevada.
    • The amfinished Articles increase the company’s authorized common shares from 1,000,000 shares (par value \$0.001) to a substantial 20,000,000 shares (par value \$0.001).
  • Reverse Stock Split Approved and Implemented:

    • On January 30, 2026, FINRA OTC Corporate Actions approved a 1-for-10,000 reverse split of the Company’s common stock.
    • The shares launched trading on a split-adjusted basis on February 2, 2026.
    • A press release was published on January 30, 2026, to communicate this material development.
  • Updated Corporate Filings:

    • The Company’s amfinished and restated Articles of Incorporation are available as Exhibit 9.01 in the filing.
    • This legal documentation formally records the increase in authorized capital.
  • Company Information:

    • Name: Lingerie Fighting Championships, Inc.
    • Trading Symbol: BOTY
    • Jurisdiction: Nevada
    • Principal Office: 6955 North Durango Drive, Suite 1115-129, Las Vegas, NV 89149

Potential Impact and Shareholder Considerations

  • Shareholder Dilution Risk:

    • The increase in authorized shares from 1 million to 20 million gives the company significant flexibility to issue new equity. While this can facilitate capital raising, acquisitions, or other corporate purposes, it also carries a risk of dilution for existing shareholders if new shares are issued at lower valuations.
  • Reverse Stock Split Implications:

    • The 1-for-10,000 reverse split drastically reduces the number of shares outstanding and increases the per-share price accordingly.
    • Reverse splits are typically utilized to regain compliance with exmodify listing requirements or to improve the perception of the company’s stock price. However, they can also be seen as a sign of distress, especially if not accompanied by operational improvements.
    • Shareholders’ proportionate ownership remains the same, but anyone holding fewer than 10,000 shares prior to the split may have been cashed out or seen their holdings rounded.
  • Potential for Future Corporate Actions:

    • With the new authorized share count, management has greater leeway for future capital raises, stock-based compensation, or potential M&A activity.
    • Investors should monitor closely for announcements regarding new stock issuances or significant strategic actions, as these could materially impact share value.
  • Corporate Name and History:

    • The company has previously operated under the names Cala Energy Corp. and XODTEC LED, Inc., with the last name modify noted as September 18, 2013. This history could be relevant for investors tracking legacy liabilities or business modifys.

Shareholder Action Items

  • Review your brokerage statements to confirm the correct adjustment of your BOTY holdings following the reverse split.
  • Monitor company press releases and SEC filings for any announcements of new share issuances, financings, or strategic partnerships.
  • Consider the potential for dilution in your investment thesis, given the expanded authorized share capital.

Conclusion

The combination of a massive authorized share increase and a 1-for-10,000 reverse stock split are highly material events for BOTY shareholders. While these actions provide the company with more strategic flexibility, they can also introduce significant dilution risk and may impact the share price in the near term. Investors should remain vigilant and consider both the risks and opportunities arising from these corporate actions.


Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommfinishation to purchase or sell any securities. Investors should conduct their own research and consult with a qualified financial advisor before building investment decisions. The author and publisher are not responsible for any losses related to the utilize of this information.

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