Zevotek, Inc. (ZVTK)

[Balu Rogu 2010]

This is how it gets approval...

WE ARE CONTROLLED BY OUR PRINCIPAL STOCKHOLDER.

Anthony Intrieri Chairman of the Board, Zevotek, Inc


Our series B stockholder holds the majority of the outstanding votes entitled to vote on any matter presented to out stockholders. Each share of series B preferred stock is entitled to 5,000 votes per share and as of the date hereof, all 1,000,000 shares of series B preferred stock issued are held by one person. So long as this principal stockholder controls a majority of our fully diluted equity, they will continue to have the ability to elect our directors and determine the outcome of votes by our stockholders on corporate matters, including mergers, sales of all or substantially all of our assets, charter amendments and other matters requiring stockholder approval. This controlling interest may have a negative impact on the market price of our common stock by discouraging third-party investors.