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Thursday, October 15, 2009 10:53:26 PM
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23845
here are some key points
-common stock has no voting rights
-each holder of outstanding shares of Series A Preferred Stock shall be entitled to cast fifty votes for each share of Series A Preferred Stock held
-holders of the Series B Preferred Stock have no voting rights
-each holder of outstanding shares of Series C Preferred Stock shall be entitled to cast one hundred million votes for each share of Series C Preferred Stock held
-series A stock holders must approve any changes to the company's corporate structure
"Holders of the Series A Preferred Stock must approve by a majority vote of the shares held by such Holders any material changes to the Company’s corporate structure, including amendments to its Certificate of Incorporation, dissolution,
issuances of Preferred A Stock, and changes to the number of Directors."
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