FUTL Futureland Corporation (CE)

THIS INFORMATION STATEMENT IS BEING PROVIDED TO

YOU BY THE BOARD OF DIRECTORS OF THE COMPANY

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE

REQUESTED NOT TO SEND US A PROXY

FutureLand Corp.

10901 Roosevelt Blvd, Bldg. C, Suite 1000

Saint Petersburg, FL 33716

INFORMATION STATEMENT

(Definitive)

June 06, 2016

GENERAL INFORMATION

This Information Statement has been filed with the Securities and Exchange Commission and is being furnished, pursuant to Section 14C of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to the holders (the “Stockholders”) of the common stock, no par value per share (the “Common Stock”), of FutureLand Corp., a Colorado Corporation (the “Company”), to notify such Stockholders that on or about May 12, 2016 the Company received written consents in lieu of a meeting of Stockholders from one holder of 17,000,000 shares of Common Stock representing 51% of the our total 33,667,930 issued and outstanding shares of voting stock of the Company and 3,000 shares of preferred series B stock (the “Majority Stockholder”) to:  (1) To ratify that a proposal authorizing the Company’s board of directors (the “Board”), in its discretion, to effect a forward stock split of the Company’s outstanding shares of common stock at whole number ratio 3-1, in accordance with Colorado Revised Statutes under Chapter 7.

We are not aware of any substantial interest, direct or indirect, by security holders or otherwise, that is in opposition to matters of action taken.  In addition, pursuant to the laws of Colorado, the actions taken by majority written consent in lieu of a special shareholder meeting do not create appraisal or dissenters’ rights.

Our board of directors determined to pursue shareholder action by majority written consent presented by our outstanding shares of stock entitled to vote in an effort to reduce the costs and management time required to hold a special meeting of shareholders and to implement the above action to our shareholders in a timely manner.

The above actions will become effective 20 days following the mailing to the Stockholders of the Definitive Information Statement, or as soon thereafter as is practicable.

WE ARE NOT ASKING YOU FOR A PROXY

AND YOU ARE REQUESTED NOT TO SEND A PROXY.

OUTSTANDING VOTING SECURITIES OF THE COMPANY

 As of the date of the consent by the Majority Stockholder, on May 12, 2016 the Company had 33,667,930 shares of Common Stock issued and outstanding, and there were 3,000 shares of Series B Preferred Stock issued and outstanding.  The 3,000 shares of Series B Convertible Preferred Stock have the following the designations, rights and preferences: The Company is not permitted to pay or declare dividends or other distributions to the holders of the Series B Preferred Stock, whether in liquidation or otherwise, the holder of the shares will be entitled to vote, on a one million-for-one basis, with the holders of our common stock on all corporate matter on which common shareholders are entitled to vote, and each share is convertible into one share of our common stock. 

On May 12, 2016, the holder of 17,000,000 shares of Common Stock representing 51% and 3.000 shares of preferred series B stock executed and delivered to the Company a written consent approving the ratification of the proposal authorizing the Company’s board of directors (the “Board”), in its discretion, to effect a forward stock split of the Company’s outstanding shares of common stock at whole number ratio 3-1, in accordance with Colorado Revised Statutes under Chapter 7. As the Actions were ratified by the Majority Stockholder, no proxies are being solicited with this Information Statement.

The NRS provides in substance that unless the Company’s Articles provides otherwise, Stockholders may take action without a meeting of stockholders and without prior notice if a consent or consents in writing, setting forth the action so taken, is signed by the Stockholders having not less than the minimum number of votes that would be necessary to take such action at a meeting at which all shares entitled to vote thereon were present.

INFORMATION ON CONSENTING STOCKHOLDERS

Pursuant to the Company’s Bylaws and the NRS, a vote by the holders of at least a majority of the voting shares is required to effect the Action described herein.  As of the Record Date, the Company had 33,667,930 common shares issued and outstanding and entitled to vote, which for voting purposes are entitled to one vote per share and 3,000 Series B Preferred Shares issued and outstanding and entitled to vote, which for voting will be entitled to vote, on a one million-for-one basis.  The consenting Majority Stockholder is the record and beneficial owners of a total of 17,000,000 shares of the Company’s Common stock, which represents 51% of the total number of voting shares.  The consenting Majority Stockholder voted in favor of the Actions described herein in a written consent, dated May 12, 2016.  No consideration was paid for the consent.  The consenting stockholders’ name, affiliation with the Company and beneficial holdings are as follows:

ACTION:  TO RATIFY THE FORWARD SPLIT OF 3 FOR 1
COMMITTEE OF THE COMPANY’S BOARD OF DIRECTORS

To ratify the proposal authorizing the Company’s board of directors (the “Board”), in its discretion, to effect a forward stock split of the Company’s outstanding shares of common stock at whole number ratio 3-1, in accordance with Colorado Revised Statutes under Chapter 7.

The shareholders of the Company wish to ratify the proposal authorizing the Company’s board of directors (the “Board”), in its discretion, to effect a forward stock split of the Company’s outstanding shares of common stock at whole number ratio 3-1, in accordance with Colorado Revised Statutes under Chapter 7.

The holders of our common stock are entitled to one vote for each share held of record on all matters to be voted on by our stockholders.

The holders of our common stock are entitled to receive ratably such dividends, if any, as may be declared by the Board out of funds legally available.  We have not paid any dividends since our inception, and we presently anticipate that all earnings, if any, will be retained for development of our business.  Any future disposition of dividends will be at the discretion of our Board and will depend upon, among other things, our future earnings, operating and financial condition, capital requirements, and other factors.