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Myth

01/13/24 3:14 PM

#368184 RE: poster44ny #368183

per the withdrawn 10-12g it said 30-1, when it changed to 100-1 I have no idea...

Preferred Stock – As per the Company’s Articles of Incorporation, all outstanding shares of Preferred Stock are considered as “Voting Shares” to be held by the Company’s principal managers. The Preferred Stock shares carry a value of 1,000-to-1 as compared to the voting power of the Common Stock shares. The Preferred Stock may be converted to Common Stock by the Preferred Stockholders upon cessation of their managerial or directorship duties for the Company, said conversion to be performed at a ratio of 30 Common Stock shares per share of Preferred Stock.