We could issue “clean examine”preferred stock without stockholder approval with case look at answer effect of diluting then present stockholder pursuits and impairing theirvoting rights, and provisions in our constitution files may discourage a takeover that stockholders may consider favorable. Our certificates of incorporationauthorizes case study answer issuance of up to 10,000,000 stocks of “clean observe” preferred inventory with designations, rights and preferencesas can be decided every so often by our board of administrators. Our board of directors is empowered, without stockholderapproval, to problem a sequence of favorite stock with dividend, liquidation, conversion, voting or other rights which might dilutethe interest of, or impair case examine answer balloting energy of, our average stockholders. The issuance of a chain of preferred inventory couldbe used as a method of discouraging, delaying or combating a metamorphosis in manage. For example, it might be possible for ourboard of administrators to problem favorite inventory with voting or different rights or options that may hamper case study answer achievement of any attemptto amendment control of our agency. If you are notan institutional investor, you can also acquire securities in this providing only if you are living inside of case look at solution states by which wewill practice to have case study answer securities registered or are exempt from registration, and, if required, meet any considered necessary suitabilitystandards.
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