VoIP-Pal creates super-voting Series A preferred for CEO, boosts authorized common stock

Voip-pal.com Inc

Board designated 475,000 Series A preferred shares, each carrying 1,550 votes, no dividends or liquidation rights.
Issued all Series A shares to CEO Emil Malak at $0.10/share for $47,500 to restore his voting rights lost in April 2021.
Board approved increase of authorized common stock from 3B to 3.5B shares, later ratified by majority stockholders.
Capital increase will take effect at least 20 days after transmitting an information statement to non-consenting stockholders.
Series A shares are non-transferable, non-redeemable, non-convertible; 525,000 preferred shares remain undesignated.

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