Friendable Inc (FDBL)

[crazyjogger925]

here is how the three had the upper hand re voting rights of the common stock.the insiders hold the preferreds . imo

The holders of preferred stock are entitled to cast votes equal to nine (9) times the total number of shares of common stock which are issued and outstanding, or a total of 6,206,327,415 votes, voting together with the holders of common stock as a single class. All 50,000,000 shares of Series A preferred stock voted in favor of the two (2) actions described above, thus because stockholders holding at least a majority of the voting rights of all outstanding shares of capital stock have executed an agreement to execute a written consent approving of the proposals discussed herein, and having sufficient voting power to approve such proposals through ownership of capital stock, no other stockholder consent will be solicited in connection with this Information Statement.