Holders of Mitesco's Series X Preferred stock approved an amendment increasing the authorized share count from 500 million to 1 billion. The Board also issued additional Series X shares to three directors and one existing holder as compensation for work on acquisition matters, bringing total outstanding preferred shares to 91,103. These issuances grant the directors approximately 25% of available voting rights, while Anglo Irish Management holds about 24%. Mitesco operates in the investment holding sector.
