Barrel Energy, Inc. filed a Certificate of Amendment to the Designation of its Series A Preferred Stock on June 22, 2026. This amendment corrects an administrative error where the 1:1,000 conversion ratio of Series A Preferred Stock to common stock was omitted from the original state filing. The original intent, as documented in the Stock Purchase Agreement, was for each share of Series A Preferred Stock to be convertible into 1,000 shares of common stock. The amendment clarifies that each share of Series A Preferred Stock has 1,000 voting rights and is convertible into 1,000 shares of common stock. With 5,000,000 shares of Series A Preferred Stock, this represents an aggregate of 5,000,000,000 shares of common stock upon full conversion. The company's Board of Directors determined this omission was an administrative error and approved the corrective amendment to align public records with existing corporate documentation.