URBT Urban Network Television Corp (CE)

Item 5. Other Events.

On approximately October 31, 2007, the Registrant was administratively revoked by the Nevada Secretary of State for failing to timely file its annual registration with the Nevada Secretary of State. On August 6, 2015 the Registrant filed an application for reinstatement of the Nevada Revised Statutes. In connection with the reinstatement and in accordance with SCHEDULE 14C INFORMATION filed by the company on November 11, 2014 to ammend the articles of incorporation effective when the Application for Reinstatement was filed with the Nevada Secretary of State. Neither the administrative dissolution nor reinstatement has had or will have any material effect on the rights of the holders of the securities of the Registrant.

On November 11, 2014, the Company filed SCHEDULE 14C INFORMATION with the SEC, stating that The Board of Directors of Urban Television Network Corporation adopted a resolution approving an amendment to our Articles of Incorporation to: effectuate an increase of the authorized common shares from 200,000,000, par value $.0001 per share, to 1,200,000,000, par value $.00001 per share; and effectuate an increase in the Preferred Stock from 500,000 par value $1.00 per share, to 3,000,000 par value $1.00 per share and effectuate an increase in the votes from 1 to 400 votes per share of the Companys Preferred Stock. However, on August 6, 2015 the Secretary of the State of Nevada approved an ammendment for the registrant to add an effectuate an increase of the authorized common shares from 200,000,000, par value $.0001 per share, to 800,000,000, par value $.00001 per share; and effectuate an increase in the Preferred Stock from 500,000 par value $.0001 per share and effectuate an increase in the votes from 1 to 600 votes per share of the Companys Preferred Stock.

Certain of the statements contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update any forward-looking statements.