Item 3.02. Unregistered Sales of
On
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
The share of Series X Preferred may not be transferred after issuance. If any
transfer is attempted, the Series X Preferred will be automatically redeemed by
the Company at a redemption price of
At the election of the Series X Preferred holder at any time following the date that the Company has amended its articles of incorporation to increase the authorized shares of common stock such that there are sufficient authorized but unissued shares of common stock to permit conversion of the Series X Preferred as set forth in the Certificate of Designations, the Series X Preferred is convertible into 500,000,001 shares of the Company's common stock.
The description of the terms of the Series X Preferred and the Certificate of Designations is qualified in its entirety by the Certificate of Designations filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statement and Exhibits.
(d) Exhibits Exhibit No. Description 3.1 Certificate of Designations of the Series X Preferred Stock, filed with theNevada Secretary of State onAugust 23, 2022 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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