Ealixir Inc (EAXR)

[DudeWheresMyFLTT]

The Company currently has two operating companies, Cable and Voice Corporation, that distributes cables and modem equipment primarily to cable operators and other operators in the U.S., and Flint Prepaid, Inc, that is planned to grow organically in the prepaid telecom services area without the need for additional capital. These businesses are operationally self sufficient on a day-to-day basis and primarily reflect the operating profit of $177,928 reported in the quarter ended March 31, 2012.

As of today, there are 769,703,190 shares issued. One of the Company's convertible debt holders holds a reserve of 120,290,560 million shares with our transfer agent, which puts the total number of common shares issued and reserved for issuance at 889,993,750. The Company's total authorized common stock is 900,000,000. Management currently has no plans to ask shareholders to increase the authorized shares or effect a reverse split of the shares.


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