The Articles of Incorporation to be submitted to the SEC contained the following provisions: Article 1: The name of the corporation shall be S-M Primeholdings; Article 2: The purpose of the corporation shall be to engage in buying and selling; Article 3: The corporation shall be located in the National Capital Region in such city therein as the Board of Directors may designate; Article 4: The term of the corporation shall be 50 years from and after the date of incorporation; Article 5: The Incroporators are A, B, C, D, and E; Article 6: The Directors are A, B, C, D and E; Article 7: The authorized capital stock of the corporation shall be Fifty Billion Pesos, Philippine currency (P50,000,000,000.00) and said authorized capital stock is divided into Fifty Billion common shares with a par value of One Peso (P1.00) per share. What are your comments and suggested changes to the proposed Articles of Incorporation?