Any future votes on co matters will be based on 1,271,052,632....
A majority vote would be more than 635526316....
That's half of the current OS, 890M, PLUS the converted shares that Red Oak owns....
"In addition, on any matter presented to the stockholders for vote, the Preferred Stock shall vote as a class with the holders of common stock, and each share of Preferred Stock shall entitle the holder thereof to such number of votes as if the Preferred Stock were converted to common stock at the Conversion Rate.