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Re: oldfart9 post# 5

Wednesday, 05/20/2009 10:46:05 PM

Wednesday, May 20, 2009 10:46:05 PM

Post# of 45
Oldfart9 I agree with you. Here is what the Quartely report says for both preferred and common stock.

Preferred Stock

In January 2009, the company increased its authorized preferred stock from 1,200,000 shares to 10,000,000 shares, with a par value of $0.0001 per share. At March 31, 2009 and December 31, 2008, there were no preferred shares issued and outstanding.



Common Stock

In January 2009, the company increased its authorized common stock from 100,000,000 shares to 300,000,000 shares, with a par value of $0.0001 per share. At March 31, 2009 and December 31, 2008, the Company had 147,889,892 and 59,003,192 shares of common stock issued and outstanding.

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