"As of July 9, 2014, there were 744,514,096 shares of the Company’s common stock issued and outstanding and 5,000,000 shares of
the Company’s preferred stock outstanding. Each holder of common stock is entitled to one vote per share. Each holder of preferred
stock is entitled to 80 votes per share.
The Majority Stockholders, as stockholders holding in the aggregate 89,167,268 shares of common stock of the Company and
5,000,000 shares of the preferred stock of the Company, which combined represents 65.27% of the voting power of our outstanding
shares of common stock, have approved the Authorized Capital Increase by written consent dated July 10, 2014."
So that is 744,514,096 + 400,000,000 = 1,144,514,096 votes.
How is 89,167,268 + 400,000,000 = 489,167,268 a total of 65.27%?
Seems to me like it is only 42.74%.
What am I missing?
