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Re: Basser1 post# 195797

Thursday, 01/13/2011 5:08:16 PM

Thursday, January 13, 2011 5:08:16 PM

Post# of 202893

The information that I received from the company stated that the 50 million preferred shares carry a voting right of 1-1 under the current share structure.



Now you may understand why I dont call the company....You can change the Ibox now...

All 50,000,000 shares of Voting Non-Convertible Preferred Stock are outstanding and held by Clint Mytch, the Company’s Chief Executive, Chief Financial Officer and Chairman of the Board (the “Mytych Preferred Shares”). The holder of one share of the Voting Non-Convertible Preferred Stock has voting rights on all matters presented to common shareholders equal to 10 shares of common stock.


http://www.sec.gov/Archives/edgar/data/868756/000105291811000010/etim8kjan1311.htm

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