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Technology Stocks : Zitel-ZITL What's Happening

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To: CalculatedRisk who wrote (7453)5/29/1997 11:30:00 PM
From: Roger A. Babb   of 18263
 
Another goody from the 8k

The Company's Board of Directors may issue additional shares of Common Stock or establish one or more classes or series of Preferred Stock, having the number of shares (up to 1,000,000), designations, relative voting rights, dividend rates, liquidation and other rights, preferences and limitations as determined by the Board of Directors without stockholder approval.

"A license to steal"
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