Thursday, March 10, 2011 1:12:27 PM
“The aggregate number of shares which the Corporation shall have authority to issue is 20,071,000,000 shares of common stock and preferred stock. The stock of this corporation shall be divided into four classes, consisting of:
Class A Common Stock
20,000,000,000 shares authorized, no par value per share
Class B Common Stock
50,000,000 shares authorized, $.01 par value per share
These are the shares that are bought by investors
Class C Common Stock
20,000,000 shares authorized, $.01 par value per share
Preferred Stock 1,000,000 shares authorized, $1 par value per share
Please refer to my recent post regarding my conversation with Ken Glynn.
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