US EditionStockholders of Freeze Tag, Inc. Announce Removal of Board Members
- A group of Series C Preferred Stockholders of Freeze Tag, Inc. removed Craig Holland and Mick Donahoo from the Board of Directors, representing 65.92% of the total voting power, as stated per Delaware General Corporation Law.
- The remaining directors are Robert Don Vardeman and Robert Don Vardeman, Jr., holding 51.1% of the total voting power with 2,998,302 shares, according to the announcement.
- Freeze Tag must notify all stockholders who did not consent in writing about the Corporate Action under Section 1.10 of the Company’s Bylaws.
- The Series C stockholders have warned Mr. Holland and Mr. Donahoo against engaging in significant transactions until the Corporate Action is effective, as reported by Scale LLP.
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11 Articles
11 Articles
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Left
8
Center
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Total News Sources11
Leaning Left8Leaning Right1Center2Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 18%
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