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Re: waterchaser post# 50598

Wednesday, 03/13/2019 2:18:16 PM

Wednesday, March 13, 2019 2:18:16 PM

Post# of 51779
Not quite: I think 50 billion might be the answer.

(2) Class A Preferred Stock, the authorized Class A "Preferred Stock" class is in the amount of Ten million (10,000,000) shares having par value of $0.000001 each. The Board of Directors shall have the authority, by resolution or resolutions, to divide the preferred stock into series, to establish and fix the distinguishing designation of each such series and the number of shares thereof (which number, by like action of the Board of Directors from time to time thereafter may be increased, except when otherwise provided by the Board of Directors in creating such series, or may be decreased, but not below the number of shares thereof then outstanding) and, within the limitations of applicable law of the State of Delaware or as otherwise set forth in this article, to fix and determine the relative rights and preferences of the shares of each series so established prior to the issuance, thereof. There shall be no cumulative voting by shareholders.
The designation, powers, including voting rights, preferences and any qualifications, limitations, or restrictions of the Preferred Stock of Corporation are initially specified as below:
A. Conversion into Common Stock.
(1) Right to Convert. Each share of such Preferred Stock shall be convertible, at the option of the holder thereof, at any time after the date of issuance (the “Conversion Date”) into Four Thousand (4,000.) shares of fully paid and non-assessable shares of Common Stock (the “Conversion Ration”).

Dirty dirty birds.