InvestorsHub Logo
Followers 307
Posts 28000
Boards Moderated 0
Alias Born 01/28/2013

Re: Silverlakes123 post# 61349

Sunday, 07/29/2018 5:54:06 PM

Sunday, July 29, 2018 5:54:06 PM

Post# of 177233
OMG, READ THE 8K, they are voting to increase the AS to 10 billion and RS. They flat told you that! Here is the statement about voting rights:

Voting Rights . Each holder of the Preferred Stock shall be entitled to vote on all matters submitted to a vote of the holders of the Company’s common stock. With respect to a vote of stockholders, no later than September 30, 2018 only, to approve either or both of a reverse stock split of the Company’s common stock and an increase in the authorized shares of common stock from three billion shares to up to 10 billion shares, each share of the Preferred Stock shall be entitled to the whole number of votes equal to 12,000 shares of common stock. With respect to all other matters, and from and after October 1, 2018, each share of the Preferred Stock shall be entitled to the whole number of votes equal to the number of shares of common stock into which it is then convertible. The Preferred Stock shall vote with the common stock as if they were a single class of securities.

Do not rely on my opinions when making investment decisions. They are only opinions and I am probably no smarter than you!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RNVA News