MedX Holdings Inc (MEDH)

[MarketCap]

No, you cannot effect mergers and acquisitions without not only a directors approval but also a majority shareholder approval. That's what preferred voting blocks are for. To avoid having to solicit every shareholder for corporate action by way of preferred majority voting power.
A CEO with no majority votes can do very little. Release news and basic resolutions. Any capital changes like R/S, A/S increase/reductions, or corporate actions like mergers, acquisitions, name changes all require a majority of shareholder votes.
Now that Hans has majority shareholder votes, he will hopefully begin to merge in his assets and build value. We'll see.