Friday, December 14, 2018 11:33:06 PM
I. Increasing the number of authorized shares of our Common Stock from 50,000,000 to 200,000,000 and the number of authorized shares of our preferred stock from 5,000,000 to 15,000,000.
II. Grant the Board “blank check preferred stock” authority allowing the Board to fix the terms and issue new series of preferred stock without the approval of the holders of the Common Stock.
Once again the common shareholders get screwed. RS probably coming soon. This is a joke of a company, run by an idiot, even the toxic financiers are screwed with absolutely no volume to sell into. Chad will probably be taking his yearly vacation, to Boca Raton to find some new suckers.
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