Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 113

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 113
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 law and preferences that may apply to any shares of preferred stock that the Company may
decide to issue in the future, holders of the Company’s ordinary share are entitled to receive ratably such dividends or other
distributions, if any, as may be declared by the Board of the Company out of funds legally available therefor.

Liquidation
Right: In the event of the liquidation, dissolution or winding up of our business, the holders of the Company’s ordinary share
are entitled to share ratably in the assets available for distribution after the payment of all the debts and other liabilities of the
Company, subject to the prior rights of the holders of the Company’s preferred stock.

    28

NOTE
– 13 PREFERRED STOCKS

Other
Matters: The holders of the Company’s common stock have no subscription, redemption or conversion privileges. The Company’s
ordinary share does not entitle its holders to preemptive rights. All of the outstanding shares of the Company’s common stock are
fully paid and non-assessable. The rights, preferences and privileges of the holders of the Company’s common stock are subject
to the rights of the holders of shares of any series of preferred stock which the Company may issue in the future.

Preferred
Stock

On
May 22, 2023, we designated 50,000 shares of our preferred stock as Super Voting Preferred Stock. On June 21, 2024, we designated an
additional 25,000 shares of our preferred stock as Super Voting Preferred Stock.

On
September 3, 2024, we have issued 75,000 shares of the Company’s Super Voting Preferred Stock to Heather Maynard. On October 14,
2024, we have cancelled the Company’s Super Voting Preferred Stock to Heather Maynard and the 75,000 Super Voting Preferred Stocks
are held in the treasury stock.

Voting
Rights: Each share of the Company’s preferred stock entitles its holder to 1,000 votes per share and votes with the Company’s
Common Stock as a single class on all matters to be voted or consented upon by the stockholders.

Dividend
Right: The holders of the Company’s preferred stock are not entitled to any dividend rights.

Liquidation
Right: The holders of the Company’s preferred stock are not entitled to any liquidation preference.

Conversion
Rights: The shares of the Company preferred stock are not convertible into the Company’s common stock.

Redemption
Rights: The Super Voting