Business Context and Reporting Period
Data Storage Corporation (Nevada) filed a Form 8-K Current Report on April 19, 2021. The filing addresses Item 5.03 regarding amendments to the Articles of Incorporation or Bylaws. The company is not an emerging growth company and has no securities registered under Section 12(b) of the Exchange Act.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change reported is the filing of four Certificates of Correction and Validation with the Nevada Secretary of State on April 19, 2021. These documents correct administrative errors in original filings from 2008 and 2009 related to amendments to the Articles of Incorporation and the designation of Series A Preferred Stock. The corrections were intended to effectuate the original purposes of those amendments.
Management Commentary and Governance
- Shareholder Approval: The Certificates were ratified by the written consent of holders of 101,553,187 shares of Common Stock.
- Voting Capital: This approval represented approximately 78% of the Company's voting capital stock issued and outstanding as of March 8, 2021.
- Capital Structure: As of March 8, 2021, the outstanding capital consisted of 128,539,418 shares of Common Stock and 1,401,786 shares of Series A Preferred Stock.
- Reference Documents: Details are incorporated by reference from the Definitive Information Statement on Schedule 14C filed on March 18, 2021.
Investor Verification Checklist
- Verify the specific administrative errors corrected in the 2008 and 2009 filings by reviewing Exhibits 3.1 through 3.4 attached to this 8-K.
- Confirm the impact of these corrections on the rights and preferences of the Series A Preferred Stock.
- Review the Definitive Information Statement on Schedule 14C (filed March 18, 2021) for the full context of the shareholder consent process.
- Note that this filing contains no financial results; investors should refer to the most recent 10-K or 10-Q for financial health metrics.