Crypto Company issues 10 super-voting preferred shares to CEO, increases authorized common to 19 billion

Crypto Co

Issued 10 shares of Series A Preferred Stock to CEO Ronald Levy as bonus, each with 950 million votes.
Amended articles to increase authorized common stock from 2 billion to 19 billion shares.
Shareholders owning 50.14% of common stock approved the amendment by written consent.
The preferred stock was issued in a private transaction exempt from registration under Rule 506(b).
The amendment creates a new class with disproportionate voting power, diluting common shareholders.

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