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Posted On: 03/15/2017 4:46:59 PM
Post# of 75360
Form 8-K for ROCKY MOUNTAIN HIGH BRANDS, INC.
15-Mar-2017
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year,
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On March 13, 2017, our Board of Directors approved a Certificate of Designation for our Series A Preferred Stock. This document revises and restates the rights, preferences and features of our Series A Preferred Stock, which consists of 1,000,000 shares, all of which are issued and outstanding. Holders of our Series A Preferred Stock were formerly entitled to cast 400 votes for every share held, and shares of Series A Preferred Stock were convertible to common stock at a rate of 100 shares of common stock for every share of Series A Preferred Stock. Following the filing of the Certificate of Designation, holders of Series A Preferred Stock are now entitled to cast 1,200 votes for every share held, and shares of Series A Convertible Preferred Stock are convertible to common stock at a rate of 1,200 shares of common stock for every share of Series A Preferred Stock.
The Certificate of Designation is filed herewith and should be reviewed in its entirety for further information.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
3.1 Certificate of Designation for Series A Preferred Stock
15-Mar-2017
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year,
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On March 13, 2017, our Board of Directors approved a Certificate of Designation for our Series A Preferred Stock. This document revises and restates the rights, preferences and features of our Series A Preferred Stock, which consists of 1,000,000 shares, all of which are issued and outstanding. Holders of our Series A Preferred Stock were formerly entitled to cast 400 votes for every share held, and shares of Series A Preferred Stock were convertible to common stock at a rate of 100 shares of common stock for every share of Series A Preferred Stock. Following the filing of the Certificate of Designation, holders of Series A Preferred Stock are now entitled to cast 1,200 votes for every share held, and shares of Series A Convertible Preferred Stock are convertible to common stock at a rate of 1,200 shares of common stock for every share of Series A Preferred Stock.
The Certificate of Designation is filed herewith and should be reviewed in its entirety for further information.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
3.1 Certificate of Designation for Series A Preferred Stock
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