Thursday, June 21, 2018 8:01:39 PM
Here you go for more securities education:
"In the event the Common Stock of the Company is split (reverse basis) after the date this Certificate is filed with, and approved by, the Secretary of State of Nevada, then the voting and conversion rights of the Series A Preferred Stock shall not be adjusted to reflect such reverse stock split."
You seem very confused between that and the dividend rights - since I am feeling generous I will provide more help.
"Dividend Rights: In the event the Board of Directors declares a dividend on the common stock, each Series "A" Preferred share will be entitled to receive an equivalent dividend as if the Series "A" Preferred Share had been converted into Common Stock prior to the declaration of such dividend."
Watch and see JSJ be awarded the 25 million Series A Preferred Shares - that will convert to 150 million common shares after the reverse split.
I have read hundreds of these and understand when a company is working a settlement agreement with JSJ - but you keep believing that all is well.
IG
"Straight Facts Homey!"
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