International Star Inc (ILST)

[Market Makers Exist]

First of all, your numbers are WAY off. I suggest reading the supplemental disclosure again.

Second, the 50 series A gives the company 60% voting rights. Each series A gives 1.2% voting rights. They'll use these as restricted shares and give them to officers and BOD.

Third, that would be considered dilution. Therefore, the preferred series A will have a 2 year expiry date. The company won't be able to convert to common stock until 2023.