International Land Alliance Inc. has announced amendments to its Articles of Incorporation, including increasing the number of Series A Convertible Preferred Stock to 200,000 and Series C Convertible Preferred Stock to 15,000. The company also changed the name of its Special Preferred Stock to Series A Convertible Preferred Stock, increased voting rights to 100 votes per share, adjusted conversion rights to one share of common stock per preferred share, and made redemption rights perpetual. For Series C Convertible Preferred Stock, the stated value was set at $100 per share and the conversion price was revised to 80% of the average closing sale price over the preceding ten trading days.
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