Mail to: Secretary of State For office use only 002
Corporations Section
1560 Broadway, Suite 200
Denver, CO 80202
(303) 894-2251
MUST BE TYPED Fax (303) 894-2242
FILING FEE: $25.00
MUST SUBMIT TWO COPIES
ARTICLES OF AMENDMENT
Please include a typed TO THE
self-addressed envelope ARTICLES OF INCORPORATION
Pursuant to the provisions of the Colorado Business Corporation Act, the
undersigned corporation adopts the following Articles of Amendment to its
Articles of Incorporation:
FIRST: The name of the corporation is U.S. WIRLESS DATA, INC.
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SECOND: The following amendment to the Articles of Incorporation was adopted on
September 7, 2000 , as prescribed by the Colorado Business Corporation Act, in
the manner marked with an X below:
No shares have been issued or Directors Elected - Action by Incorporators
-----
No shares have been issued but Directors Elected - Action by Directors
-----
Such amendment was adopted by the board of directors where shares have
been issued and shareholder action was not required.
-----
X Such amendment was adopted by a vote of the shareholders. The number of -----
shares voted for the amendment was sufficient for approval.
THIRD: If changing corporate name, the new name of the corporation is
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FOURTH: The manner, if not set forth in such amendment, in which any exchange,
reclassification, or cancellation of issued shares provided for in the amendment
shall be effected, is as follows:
ARTICLE IV is to be amended to read as stated on the attached Addendum
If these amendments are to have a delayed effective date, please list that date
_________________________ (Not to exceed ninety (90) days from the date of
filing)
U.S. WIRELESS DATA, INC.
Signature By: /s/ Charles I. Leone
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Charles I. Leone
Chief Financial Officer,
Chief Operating Officer and
Secretary
<PAGE>
ADDENDUM
TO
ARTICLES OF AMENDMENT TO ARTICLES OF INCORPORATION
U.S. WIRELESS DATA, INC.
(a Colorado corporation)
Paragraph A of Article FOURTH of the Articles of Incorporation of the
Corporation is hereby amended to read as follows:
A. The aggregate number of shares which the Corporation shall have
authority to issue is two hundred twenty-five million (225,000,000) shares,
consisting of two hundred million (200,000,000) shares of common stock without
par value (the "Common Stock"), and twenty-five million (25,000,000) shares of
preferred stock without par value per share (the "Preferred Stock").
Except as set forth below, all other Paragraphs of Article FOURTH of the
Articles of Incorporation of the Corporation shall remain unchanged.
REMOVAL FROM DESIGNATION OF ALL SHARES OF
SERIES B CUMULATIVE CONVERTIBLE
REDEEMABLE PREFERRED STOCK
U.S. Wireless Data, Inc., a Colorado corporation (the "Corporation"),
hereby removes from designation all shares of its previously designated Series B
Cumulative Convertible Redeemable Preferred Stock (the "Series B Preferred
Stock"), for the reasons set forth below:
1. On April 22, 1999, the Corporation filed Articles of Amendment to
it Articles of Incorporation designating a total of Four Million shares of its
no par value preferred stock as Series B Preferred Stock.
2. The Corporation issued a total of 1,954,705 shares of Series B
Preferred Stock, but did not issue any of the remaining designated shares of
Series B Preferred Stock.
3. The Corporation has redeemed all outstanding shares of Series B
Preferred Stock; there remain no shares of Series B Preferred Stock outstanding,
and the Corporation has no plans to issue or reissue any shares of Series B
Preferred Stock.
4. There is therefore removed from designation all shares of
previously designated Series B Preferred Stock and all such previously issued
and authorized shares of Series B Preferred Stock are hereby reclassified as
unissued shares of no par value preferred stock.
[END OF ADDENDUM]
