Health Discovery Corp (HDVY)

[MBMoney]

I still shake my head over the amended articles of incorporation, which I've referenced before. Yet, rather than focusing on the fact that the most recent amendments were filed in Feb 2020 with an effective date of Aug 2018, I've tried to figure out the relevant comparison between the recent amendments and the amendments which were filed in 2014, coinciding with the Series C shares.

We've all known that the HDC disastrous history has been largely predicated on a 'feud' between the current leadership and past leadership. Along these lines, the 'voting rights' provision is the most telling, since this has really all been about control. For anyone who hasn't reviewed the amended articles in order to compare them, here is the info relative to Voting Rights:

2014 amended articles - Voting Rights:

Each share of Series C Preferred Stock shall be entitled to vote on all matters submitted to a vote of the shareholders of the Corporation and each share shall have a number of votes equal to the same number of shares of Common Stock into which it is then convertible.


2018 amended articles - Voting Rights:

Each share of Series D Preferred Stock shall be entitled to vote on all matters submitted to a vote of the shareholders of the Corporation and each share shall have a number of votes equal to ten votes for the same number of shares of Common Stock into which it is then convertible.