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Replies to post #43101 on ProText Mobility Inc (TXTM)
brojazzy
09/12/17 3:32 PM
#43106 RE: StoptheInsanity9 #43101
La Dolce Vita
09/12/17 3:35 PM
#43108 RE: StoptheInsanity9 #43101
Series D – Par value $0.001, 100,000 shares authorized. As a class, the Series D Preferred can convert into that number of common shares equal to 75% of the post-conversion issued and outstanding shares of common stock. Individual shares of Series D Preferred may convert into that pro-rata number of common shares equal to 1/100,000 of the total shares issuable to the entire class. The Series D Preferred has rights voting rights equal to that number of common shares into which the class is convertible on all shareholder matters. The Series D Preferred has no associated dividend or pre-emptive rights. There are no other material rights of the Series D Preferred stockholders.