Voting Rights: One (1) vote per share (vote along with common stock);
Conversion Rights: Each share of Series "A" Preferred is convertible at any time, and from time to time, into six (6) shares of Common Stock following 180 days anniversary of issuance;
Dividend Rights: In the event the Board of Directors declares a dividend on the common stock, each Series "A" Preferred share will be entitled to receive an equivalent dividend as if the Series "A" Preferred Share had been converted into Common Stock prior to the declaration of such dividend. In the event the Common Stock of the Company is split (reverse basis) after the date this Certificate is filed with, and approved by, the Secretary of State of Nevada, then the voting and conversion rights of the Series A Preferred Stock shall not be adjusted to reflect such reverse stock split.
Liquidation Rights: None
Under Nevada corporation law, no shareholder approval was required for the creation of the Series "A" Preferred Stock.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Document Description
4 Certificate of Designation (Series A Preferred Stock, filed with Secretary ofState of Nevada on June 18, 2018
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 20, 2018
By: /s/ Taiwo Aimasiko
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