I guess I am missing it, what are your trying to tell me? Aren't they the rules for a public company? I do find these two rules interesting though - Failure to Hold an Annual Meeting of Stockholders The NRS provides that if a corporation fails to elect directors within 18 months after the last election of directors, a Nevada district court will have jurisdiction in equity and may order an election upon petition of one or more stockholders holding at least 15 percent of the voting power. When was the last shareholders meeting? - Blank Check Preferred Stock Under the Nevada Articles, Quantum is not authorized to issue shares of preferred stock. Thanks