ITEM 8.01 Other Information

Pursuant to a certain Proxy Statement (DEF14A) filed on May 12, 2016, we invited our shareholders to attend the 2016 Annual Meeting of Shareholders (the “ Annual Meeting ” ) of Simlatus Corporation (the “ Company ” ), held on Wednesday, June 15, 2016, at 11:00 a.m. Pacific

time. The Annual Meeting took place at the corporate headquarters at 175 Joerschke Drive, Suite A, Grass Valley, California 95945. The meeting included the vote on the appointment of the full Board of Directors, establishment of Members for an Audit and Executive Compensation Committee, the vote on the capital restructuring of the Company, and any other business that properly came before the Annual Meeting, as well as any postponements or adjournments of the Annual Meeting.  

As a result of the meeting, all matters received majority vote in favor of appointing Gary B. Tilden as the Chief Executive Offer and member of the Board of Directors, Robert Stillwaugh as the Chairman of the Board of Directors, and Mike Schatz as the Chief Operations Officer and a member of the Board of Directors. Additionally, there was a majority vote in favor of establishing members for an Audit and Executive Compensation Committee. Further, the company received majority vote in favor of a reverse split of the common shares of the company of 1 for 1,000, and to reduce the authorized common shares to 3,000,000,000, effective upon completion of reverse split. Following the Shareholder Meeting, the Board of Directors resolved to take the necessary steps to prepare for and effect a reverse split, and will file the requisite filings appropriately.