options to buy at .01 these prices are a steal
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth, as of the date of this registration statement, the number of shares of our common stock owned by (i) each person who is known by us to own of record or beneficially five percent (5%) or more of our outstanding shares, (ii) each of our directors, (iii) each of our executive officers and (iv) all of our directors and executive officers as a group. Unless otherwise indicated, each of the persons listed below has sole voting and investment power with respect to the shares of our common stock beneficially owned.
Name and Address of Beneficial Owner (1)
Number of
Shares
Beneficially
Owned (#)
Percent of
Outstanding
Shares (2) (%)
Percent of
Voting Rights (2)(%)
Named Executive Officers and Directors:
Rondald L. Wheet
Chief Executive Officer and Chairman (3)
12,228,250 8.13
%
46.92
%
Dr. Thomas Beahm, Director (4)
3,599,125 2.39
%
1.31
%
Executive Officers and Directors as a group (2 persons)
15,827,375 10.52
%
48.23
%
(1)
Unless otherwise indicated, the address of each beneficial owner listed above is c/o Rondald L. Wheet, Revolutions Medical Corporation, 1124 Park West Blvd. Suite #102, Mount Pleasant, SC 29466 .
(2)
Based on 150,426,703 shares outstanding as of August 29, 2014.
(3)
Mr. Wheet beneficially owns shares of Common Stock, which includes 4,228,250 shares of common stock and 7,000,000 options to purchase 7,000,000 shares of common stock at a price of $0.01 per share. Mr. Wheet also owns 1,000,000 shares of Preferred Stock, which are convertible into 1,000,000 shares of common stock and give him the right to vote 125 common shares for each share of Preferred Stock.
(4)
This total includes 2,000,000 options to purchase 2,000,000 shares of the Company’s common stock at a price of $0.01 per share.
