Exhibit 3.1
Form 201
CERTIFICATE OF FORMATION – FOR-PROFIT CORPORATION
of
FORECLOSURE SOLUTIONS, INC.
Article 1 – Entity Name and Type
The filing entity being formed is a for-profit corporation. The name of the entity is:
Foreclosure Solutions, Inc.
Article 2 – Registered Agent and Registered Office
The initial registered agent is an individual resident of the state whose name is set forth below:
H.J. Cole
The business address of the registered agent and the registered office address is:
2502 Live Oak Street, Suite 205
Dallas, Texas 75204
Article 3 – Directors
The number of directors constituting the initial board of directors is one and the name and address of the person who is to serve as director until the first annual meeting of shareholders or until his successor is elected and qualified are as follows:
H.J. Cole
2502 Live Oak Street, Suite 205
Dallas, Texas 75204
Article 4 – Authorized Shares
The corporation is authorized to issue two classes of shares of stock to be designated as “Common Stock” and “Preferred Stock.” The total number of shares that the corporation shall have the authority to issue is 200,000,000. The total number of shares of Common Stock shall be 190,000,000, and each such share shall have a par value of $0.0001; and the total number of shares of Preferred Stock shall be 10,000,000, and each such share shall have a par value of $0.0001.
(a) Common Stock. The corporation is authorized to issue shares of Common Stock from time to time, which shall have all of the rights normally associated with shares of common stock under the Texas Business Organizations Code.
(b) Preferred Stock. The corporation is authorized to issue shares of Preferred Stock from time to time in one or more series or classes, each such share or class to have such distinctive designation or title as may be fixed by resolution of the board of directors of the corporation, duly adopted prior to the issuance of any shares thereof. Each such series or class shall have such voting powers, if any, and such preferences and/or other special rights, with such qualifications, limitations, or restrictions of such preferences and/or rights as shall be stated in the resolution or resolutions providing for the issuance of such series or class of shares of Preferred Stock.
Article 5 – Purpose
The purpose for which the corporation is formed is for the transaction of any and all lawful business for which a for-profit corporation may be organized under the Texas Business Organizations Code.
Supplemental Provisions/Information
None
Organizer
The name and address of the organizer:
Siobhán F. Kratovil
2651 N. Harwood, Suite 200
Dallas, Texas 75201
Effectiveness of Filing
This document becomes effective when the document is filed by the Secretary of State.
Execution
The undersigned signs this document subject to the penalties imposed by law for the submission of a materially false or fraudulent instrument.
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Date: December 8, 2010
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Signature of Organizer
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/s/ Siobhán F. Kratovil
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Siobhán F. Kratovil
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