Bots Inc (BTZI)

[lesgetrich]

I miscalculated yesterday. First Bitcoin appears to have become the major shareholder but does not yet appear to have controlling interest. First Bitcoin would have 400 million votes. There are currently 755,374,596 common shares outstanding (OS). As of January 31, 2020 there were 3,350,000 Preferred shares outstanding. Each share was entitled to 10 votes so that would add another 33,500,000 votes. This acquisition gave First Bitcoin 100 million common shares (which are already counted in the OS) plus 30 million Preferred shares with another 60 million that can be issued in the future based on certain undefined milestones. Once those milestones are met, First Bitcoin would then have controlling interest.

Voting Power today
755,374,596 + 33,500,000 + 300,000,000 = 1,088,874,596 Total votes

First Bitcoin controls 400,000,000 or 36.7%

Voting power if milestones are met

755,374,596 + 33,500,000 + 300,000,000 + 600,000,000 = 1,688,874,596 Total votes

First Bitcoin would control 1,000,000,000 votes or 59.2%