InvestorsHub Logo

E A

Followers 4
Posts 645
Boards Moderated 1
Alias Born 10/19/2021

E A

Re: None

Thursday, 04/06/2023 4:48:13 PM

Thursday, April 06, 2023 4:48:13 PM

Post# of 156713
Series F Preferred stock of 290,400 that convert at the rate of 1000 shares of Common Stock for each share should have occurred as well, according to filings.

https://www.sec.gov/Archives/edgar/data/1389067/000147793220005684/ttcm_ex31.htm

"Automatic Conversion.
(a) Conversion Events.Each outstanding share of Series F Preferred Stock shall automatically and immediately convert into 1000 shares of Common Stock upon the earlier of (i) a Change of Control, and (ii) 5:00 p.m. Eastern Time on December 31, 2030 (the “Automatic Conversion”). In this resolution, “Change of Control” means the occurrence of any of the following events:
(i) an acquisition after the date of this resolution by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act of 1934, as amended) of effective control (whether through legal or beneficial ownership of capital stock of the Corporation, by contract or otherwise) of in excess of 40% of the voting securities of the Corporation (other than by means of conversion of Series F Preferred Stock);"

https://www.sec.gov/Archives/edgar/data/1389067/000147793223001466/ttcm_ex101.htm
"Voting Rights.

The Series H Holder shall be entitled to receive notice of, to attend and to vote at any meeting of the shareholders of the Corporation. In all such voting, all Series H Shares shall be voted as a block (the “Series H Vote”). The Series H Vote shall be as many votes as 123% of the combined votes from all other voting stock, giving thereby the Series H Vote a 55% or better vote in voting matters"