Certificate of Designation for Series B Preferred Stock of Global Equity International, Inc.

Summary

Global Equity International, Inc. has filed a Certificate of Designation in Nevada to create 45 million shares of Series B Preferred Stock. Each share carries 10 votes and can be converted into 10 shares of common stock after one year from issuance. Series B holders receive dividends equivalent to common stockholders and have their rights adjusted if the common stock is split. The Series B Preferred Stock does not have liquidation rights. This filing was signed by Enzo Taddei and establishes the terms for this new class of stock.

EX-4.1 2 ex4-1.htm

 

Exhibit 4.1

 

 

BARBARA K. CEGAVSKE

Filed in the office of Document Number
{“Seal of Secretary of State /s/Barbara K. 20160493837-93
State of 204 North Carson St, Suite 1 Cegavske Filing Date and Time
Nevada”} Carson City, Nevada ###-###-#### Barbara K. Cegavske 11/10/2016
  (775) 684 5708 Secretary of State Entity Number
  Website: www. nvsos.gov State of Nevada E0487332010-2

 

   
Certificate of Designation  
(Pursuant to NRS 78.1955)  
   
USE BLACK INK ONLY- DO NOT HIGHLIGHT ABOVE SPACE IS FOR OFFICE USE ONLY

 

Certificate of Designation For

Nevada Profit Corporations

(Pursuant to NRS 78.1955)

 

  1. Name of corporation:

 

   
    Global Equity International, Inc.
   

 

  2.

By resolution of the board of directors pursuant to a provision in the articles of incorporation this certificate establishes the following regarding the voting powers, designations, preferences, limitations, restrictions and relative rights of the following class or series of stock:

 

 

45,000,000 shares of Series B Preferred Stock. Each share of Series B Preferred Stock shall have 10 votes on all matters brought before a meeting of shareholders, and the Series B Preferred Stock will vote alongside the Common Stock and not vote as a separate class. Each share of Series B Preferred Stock shall be convertible into 10 shares of Common Stock at any time, and from time to time, beginning on the first day following the first anniversary of issuance. In the event that the Board of Directors declares a dividend on the Common Stock, the holders of Series B Preferred Stock will be entitled to receive an equivalent dividend as if the Series B Preferred Stock had been converted into Common Stock prior to the declaration of such dividend. In the event the Common Stock is split (on a forward or 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 B Preferred Stock shall be adjusted to reflect such stock split. The shares of Series B Preferred Stock have no liquidation rights.

 

  4. Effective date of filing: (optional)
      (must not be later than 90 days after certificate is filed)

 

  5. Signatures: (required)

 

X  /s/ Enzo Taddei

        Enzo Taddei

 

Filing Fee: $ 175.00

 

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