LIKE THESE SHARES AFTER THE LAST REVERSE SPLIT?...GOOD LUCK, MICHAEL
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The Company’s CEO and Chairman, Roy Warren, owns 9,000,000 shares of the Company’s Series A Convertible Preferred Stock, which are convertible into 54,000,000 shares of common stock. Pursuant to the terms and conditions of the Company’s outstanding Series A, the conversion rate and the voting rights of the Series A will not adjust as a result of any reverse stock split. No director of the Company opposed the proposed actions taken by the Company set forth in this Information Statement.
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