Posted On: 12/21/2016 10:46:41 AM
Post# of 22465
That's absurd. The "Articles of incorporation" are to include the "Certificate of Incorporation" and the By Laws that govern the company. The certificate can be as little as 1 page while the By-Laws can be at times a small book. Than can be hundreds of pages.
FYI , I do not take this lightly and no one should be making anything up.
As for the "Preferred Shares" the Proxy states there will be no outstanding preferred shares at the time the SoS accepts the Filed Articles of Incorporation in the State fo Delaware. If the 1 Million Preferred shares are voted and approved by proxy...they don't just disappear into thin air....once they get the votes to approve the proxy they will be assigned for purchase and none of the preferred will be outstanding.
As a matter of fact..."Preferred shares" are always "Important" if any company issues them. The preferred shares can be used to control the company and or remove the voting power of the common shares..
Sunyn75
FYI , I do not take this lightly and no one should be making anything up.
As for the "Preferred Shares" the Proxy states there will be no outstanding preferred shares at the time the SoS accepts the Filed Articles of Incorporation in the State fo Delaware. If the 1 Million Preferred shares are voted and approved by proxy...they don't just disappear into thin air....once they get the votes to approve the proxy they will be assigned for purchase and none of the preferred will be outstanding.
As a matter of fact..."Preferred shares" are always "Important" if any company issues them. The preferred shares can be used to control the company and or remove the voting power of the common shares..
Sunyn75
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