Posted On: 09/04/2016 7:08:22 PM
Post# of 75357
The Series "A" preferred shares are the controlling block of the company and NOT the common shares....
Series A Preferred
Jerry Grisaffi
Founder/Secretary/Chairman of the Board, Director
1,000,000 100.00%
Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 68% of the outstanding shares of Common Stock as of August 12, 2016.
Series A Preferred
Jerry Grisaffi
Founder/Secretary/Chairman of the Board, Director
1,000,000 100.00%
Total for Jerry Grisaffi includes 9,950,000 shares of Common Stock, and 1,000,000 shares of Series A Preferred Stock, which are convertible to 100,000,000 shares of Common Stock. Mr. Grisaffi’s Series A Preferred Stock is entitled to cast 400,000,000 votes on all matters submitted to a vote of our shareholders. Mr. Grisaffi’s total voting power is thus 409,950,000 votes, or approximately 68% of the outstanding shares of Common Stock as of August 12, 2016.
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