Attached files
| file | filename |
|---|---|
| EX-32 - SECTION 1350 CERTIFICATION - FOREVERGREEN WORLDWIDE CORP | ex32.htm |
| EX-31 - CHIEF FINANCIAL OFFICER CERTIFICATION - FOREVERGREEN WORLDWIDE CORP | ex31-2.htm |
| EX-31 - CHIEF EXECUTIVE OFFICER CERTIFICATION - FOREVERGREEN WORLDWIDE CORP | ex31-1.htm |
| EX-21 - SUBSIDIARIES - FOREVERGREEN WORLDWIDE CORP | fvrgexh21subsidiaries2019fin.htm |
| 10-K - ANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2018 - FOREVERGREEN WORLDWIDE CORP | fvrg2018final.htm |
Exhibit 4.6
FOREVERGREEN WORLDWIDE CORPORATION
DESCRIPTION OF SECURITIES
Authorized Capital Stock
The aggregate number of shares which the Corporation shall have the authority to issue is One Hundred Ten Million (110,000,000) shares of all classes of stock, consisting of One Hundred Million (100,000,000) shares of common stock, $.001 par value, and Ten Million (10,000,000) shares of preferred stock, $.01 par value.
Common Stock: The common stock has equal rights and privileges with respect to voting, liquidation and dividend rights. Each share of common stock is entitled to one vote on all matters submitted to a vote of the stockholders. Upon issuance of preferred stock, the common stock may have junior rights as compared to the preferred stock. Stockholders of the Corporation have no preemptive rights to acquire additional shares of common stock or any other securities. All outstanding shares of common stock are fully paid and non-assessable.
Preferred Stock: The Board of Directors is authorized to establish the number of shares to be included in each series and the preferences, rights of conversion, limitations and other relative rights of each series. As of the date of this filing, our Board has not authorized a series, nor issued any preferred stock.
Other Securities
As of the date of this filing, we do not have any debt securities, warrants or options outstanding.
Voting Rights
A majority of the outstanding shares of the Corporation entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of shareholders. If a quorum exists, action on a matter, other than the election of directors, is approved if the votes cast favoring the action exceed the votes cast opposing the action.
Every shareholder entitled to vote for the election of directors has the right to cast, in person or by proxy, all of the votes to which the shareholder's shares are entitled for as many persons as there are directors to be elected. Directors are elected by a plurality of the votes cast by the shares entitled to vote in the election at a meeting at which a quorum is present.
Dividends
The Board of Directors may from time to time declare, and the Corporation may pay, dividends on its outstanding shares in the manner and, upon the terms and conditions provided by law and its articles of incorporation.
Transfer Agent
Our transfer agent is Standard Registrar & Stock Transfer Co., Inc. located in Salt Lake City, Utah.