Under the Delaware Certificate, Quantum is authorized to issue up to 1,000,000 shares of preferred stock. The shares of preferred stock have not been designated into separate series. No shares of preferred stock will be outstanding as of the date of the reincorporation.

The Delaware Certificate will authorize the Board of Directors to define the rights, preferences and privileges of the preferred stock prior to issuance.

We loose our collective voting power.

"Articles of Incorporation" is a general term. Articles are the documents filed with the Sec of State.

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