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Friday, January 26, 2024 2:42:49 PM
preferred shares--> Total shares outstanding: 3,000,000 as of date: September 30, 2023
The Convertible Series A Preferred Stock is not entitled to dividends, and is convertible into 1,000 shares of common stock per each Preferred Share converted. There are no pre-emptive rights, and each share of preferred equals 1,000 votes on any matters voted on by all shares.
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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