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Re: Mike DD post# 34442

Thursday, 03/26/2015 4:38:52 PM

Thursday, March 26, 2015 4:38:52 PM

Post# of 39962
I agree. Common stockholders do not hold controlling interest. Fellner not only owns 20% of the common, he also holds 100% of the class A Preferred which have 150 votes per share.

Preferred Stock: 10,000,000 authorized preferred shares, of which 2,140,000 shares have been designated by the Board as Class A Preferred Stock. These shares have 150 votes per share on any matter on which stockholders generally may vote. They have no fixed dividend, but do have a liquidation preference over the common stock of $0.05 per share.

As of December 31, 2014, Andrew Fellner owns approximately 20% of the Company’s common stock as indicated above. Mr. Fellner also owns 100% of the Class A Preferred Stock.

http://www.otcmarkets.com/financialReportViewer?symbol=STBV&id=134470