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Re: gold team post# 48561

Tuesday, 09/03/2019 8:42:35 PM

Tuesday, September 03, 2019 8:42:35 PM

Post# of 73454
Saw it somewhere that states that 51% of the voting power is always maintained within the series B stock (or one of the others, idk) so no matter how many of these pieces of confetti we own it doesn’t matter because management has full voting control

*CORRECTION:

The outstanding shares of Series B preferred stock have the right to take action by written consent or vote based on the number of votes equal to twice the number of votes of all outstanding shares of common stock. As a result, all of the holders of Series B Preferred Stock, together as a group have 2/3rds of the voting power of all shareholders at any time corporate action requires a vote of shareholders. The total issued and outstanding 20,000 Series B Preferred Shares in the aggregate, carry the voting power of 66% of the Company’s voting capital, representing 5,349,241,462 votes as of the Record Date.

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