Replies to post #70146 on JP 3E Holdings Inc (JPTE)

[surfkast]

Park has at least 100 more votes than the common share holders.
But the BOD can vote without share holder approval!

the sum of all outstanding shares of common stock, plus the sum
of the number of votes of all other outstanding shares of stock/

Outstanding Shares 5,495,910,503

The amount of the authorized capital stock of the corporation is
5,800,000,000 shares of common stock and 100 shares of Series A
Preferred,

In furtherance, and not in limitation of the power conferred by statute,
the board of directors is expressly authorized: Unless otherwise provided for herein, by corporate law or the bylaws, if any, adopted by the stockholders, with or without shareholder
approval or shareholder vote, and with or without advance notice to
the shareholders, make, alter, alter or amend the articles of
incorporation or the bylaws of the corporation, including (a)
changing the number of authorized shares; (b) initiating a forward or
a reverse split, provided that the majority of each class or series of
stock affected by such forward or reverse split entitled to vote, votes
in favor of such action, (c) changing the par value of any class or
series of stock (d) merger or (e) share exchange;

https://www.coloradosos.gov/biz/ViewImage.do?masterFileId=20211944041&fileId=20238332667