Wednesday, March 09, 2011 3:00:09 AM
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7559414
Shares Outstanding 686,747,383 a/o Nov 12, 2010
Float 600,570,000 (from Yahoo Finance)
Authorized Shares 750,000,000 a/o Nov 12, 2010
Par Value 0.0002
% Held by Insiders6: 21.47%
Note this: On November 19, 2010, subject to stockholder approval, the Board of Directors of 3DIcon Corporation (the “Company”) authorized an amendment to the Company’s Certificate of Incorporation in order to (i) increase the authorized shares of the Company’s common stock from 750,000,000 shares, par value $0.0002 to 1,500,000,000 shares, par value $0.0002 (the “Increase in Authorized”), (ii) effect a reverse split of the Company’s common stock in a ratio in the range between 1 for 10 and 1 for 25, as will be selected by the Company’s Board of Directors (the “Reverse Split”), and (ii) create a series of “blank check” preferred stock consisting of 25,000,000 shares, par value $0.0002 (the “Blank Check Preferred”). If the Board of Directors elects to implement the Reverse Split at one of the approved ratios, it is authorized to do so until June 1, 2011.
On December 20, 2010, the shareholders of the Company approved the Increase in Authorized, the Reverse Split and the creation of the Blank Check Preferred. On December 21, 2010, the Company filed an Amended Certificate of Incorporation, pursuant to which it increased its authorized shares of common stock from 750,000,000 shares of common stock, par value $0.0002 per share to 1,525,000,000 shares consisting of 1,500,000,000 shares of common stock, par value $0.0002 per share and 25,000,000 shares of “blank check” preferred stock, par value $0.0002. The Board of Directors, in its sole discretion, may elect to implement the Reverse Split at one of the approved ratios until June 1, 2011.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7623861
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