This excerpt taken from the CACB DEF 14A filed Nov 10, 2009.
PROPOSAL 1. TO APPROVE AN AMENDMENT TO OUR ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 45,000,000 TO 300,000,000.
At the Special Meeting, shareholders will be asked to consider and vote upon a proposal to amend the Companys Articles of Incorporation to increase the number of authorized shares of Common Stock from 45,000,000 to 300,000,000. The Board of Directors has unanimously approved the amendment, and believes such action to be in the best interests of the Company and its shareholders for the reasons set forth below. The purpose of the amendment to the Articles of Incorporation is to enable shares of Common Stock to be issued in the Public Offering and the Private Offerings and for possible future capital raising opportunities and general corporate purposes as approved by the Board of Directors.
The complete text of the form of the Amendment to the Articles of Incorporation for the increase in the number of authorized shares of Common Stock is set forth in Appendix B to this proxy statement. Such text is however subject to revision for such changes as may be required by the Oregon Secretary of State and other changes consistent with this Proposal that we may deem necessary or appropriate.