Cemtrex, inc. appoints aron govil to act as chief financial officer; approves articles of incorporation
On october 3, 2019, the board of directors of cemtrex, inc. appointed mr. aron govil to act as chief financial officer. mr. govil was previously serving as interim chief financial officer effective march 22, 2019. mr. govil is a director of vicon industries, inc.on october 3, 2019, pursuant to article iv of articles of incorporation, board of directors voted to designate a class of preferred stock entitled series c preferred stock, consisting of up to 100,000 shares, par value $0.001. under the certificate of designation, holders of series c preferred stock are entitled to the number of votes equal to the result of (i) the total number of shares of common stock outstanding at the time of such vote multiplied by 10.01, and divided by (ii) the total number of shares of series c preferred stock outstanding at the time of such vote, at each meeting of shareholders with respect to any and all matters presented to shareholders for their action or consideration, including the election of directors.
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