Company: ALDA
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001548123-25-000017
Chunk: 2

Company: ATLANTICA INC
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 2
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1% of our outstanding voting securities, agreed to and intended to vote in favor of the Proposals
at the Meeting. No other votes were required or necessary to adopt these Proposals.

The Meeting was held at 4685 South Highland Drive,
#202, Salt Lake City, Utah, 84117, on January 26, 2007, at 11:00 o’clock a. m., Mountain Standard Time. Present at the Meeting was
Leonard W. Burningham, Esq., former counsel for the Company, Duane S. Jenson and Travis T. Jenson, representing 19,908,683 shares, or
approximately 81%, of the 24,581,458 shares of our outstanding voting securities at that time.

All shares represented at the Meeting voted in favor
of both Proposals. The reverse split subsequently became effective on February 15, 2007. That stock split is reflected herein on a retroactive
basis.

On June 29, 2007, pursuant to a Stock Purchase Agreement
among Mirabella Holdings, LLC, (the “ Purchaser”), Duane S. Jenson, Travis T. Jenson, Thomas J. Howells, Leonard W. Burningham
(collectively with Duane S. Jenson, Travis T. Jenson and Thomas J. Howells, the “ Sellers”), and Leonard W. Burningham, as
the representative of the Sellers, the Purchaser acquired from the Sellers a total of 1,966,872 shares of the Company’s common stock
(the “ Acquisition”), representing 80% of the Company’s currently outstanding shares, for a purchase price of $525,000
in cash. Upon the closing of the Acquisition, Duane S. Jenson and Terry Jenson resigned as directors and executive officers, Shelley Goff
resigned as a director, retained her office as the Company’s Secretary and was appointed the Company’s Chief Financial Officer;
and Alan D. Gordon was appointed as the Company’s President and Chief Executive Officer. In connection with the Acquisition and
effective July 16, 2007, Alan D. Gordon, Frederick G. Pierce, II and Richard F. Strup were elected as directors, and Duane S. Jenson,
Terry Jenson and Shelley Goff resigned as directors.

In addition, pursuant to a Share Escrow and Reset Agreement (the “ Reset
Agreement”) entered into among the Purchaser, the Sellers’ Representative, the Sellers, the Company