Tuesday, July 02, 2013 10:30:30 AM
Series A Preferred Stock. The number of authorized shares constituting the series of shares
of Series A preferred stock of the corporation with $0.01 value per share (the “Series A Preferred
Shares”) shall be 1,000,000 pursuant to the Certificate of Designation. Each Series A Preferred
Share shall automatically be converted into the number of shares of common stock of the
corporation equal to the result of: (i) the number of shares of common stock of the corporation (the
“Common Shares”) issued and outstanding at the time of such conversion multiplied by 6; divided
by (ii) the total number of Series A Preferred Shares issued and outstanding at the time of such
conversion (the “Conversion Ratio”) at any time at the option of the holders of a majority of the
issued and outstanding Series A Preferred Shares upon written notice of the conversion and
properly endorsed. [Conversion Ratio Formula: # of Common Shares issued and outstanding x 6 ÷ #
of Series A Preferred Shares issued and outstanding = Conversion Ratio per each Series A Preferred
Share (i.e., 100,000,000 x 6 ÷ 2092 = 286,806.88 Conversion Ratio per each Series A Preferred Share)].
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20131336058&masterFileId=20041038153
So at any point, any one of these guys can convert us to the trillions.
Carpathia, LLC
c/o Joseph Canouse
106 Series A Preferred Shares
Joseph Canouse
900 Series A Preferred Shares
9,000,000 Common Shares
Donnell J. Vigil
520 Series A Preferred Shares
5,000,000 Common Shares illiam Cirmo
540 Series A Preferred Shares
5,000,000 Common Shares
Constantine Financial Management, LLC
Scott Martin
26 series a
of Series A preferred stock of the corporation with $0.01 value per share (the “Series A Preferred
Shares”) shall be 1,000,000 pursuant to the Certificate of Designation. Each Series A Preferred
Share shall automatically be converted into the number of shares of common stock of the
corporation equal to the result of: (i) the number of shares of common stock of the corporation (the
“Common Shares”) issued and outstanding at the time of such conversion multiplied by 6; divided
by (ii) the total number of Series A Preferred Shares issued and outstanding at the time of such
conversion (the “Conversion Ratio”) at any time at the option of the holders of a majority of the
issued and outstanding Series A Preferred Shares upon written notice of the conversion and
properly endorsed. [Conversion Ratio Formula: # of Common Shares issued and outstanding x 6 ÷ #
of Series A Preferred Shares issued and outstanding = Conversion Ratio per each Series A Preferred
Share (i.e., 100,000,000 x 6 ÷ 2092 = 286,806.88 Conversion Ratio per each Series A Preferred Share)].
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20131336058&masterFileId=20041038153
So at any point, any one of these guys can convert us to the trillions.
Carpathia, LLC
c/o Joseph Canouse
106 Series A Preferred Shares
Joseph Canouse
900 Series A Preferred Shares
9,000,000 Common Shares
Donnell J. Vigil
520 Series A Preferred Shares
5,000,000 Common Shares illiam Cirmo
540 Series A Preferred Shares
5,000,000 Common Shares
Constantine Financial Management, LLC
Scott Martin
26 series a

