Thursday, May 24, 2012 8:17:06 AM
and non-assessable common stock of the 250,000,000 shares of common stock, par value $0.001,
authorized. The board of directors believes that the number of beneficial owners is substantially greater
than the number of record holders because a portion of our outstanding common stock is held in broker
“street names” for the benefit of individual investors. The holders of the common stock are entitled to one
vote for each share held of record on all matters submitted to a vote of stockholders. Holders of the common
stock have no preemptive rights and no right to convert their common stock into any other securities. There
are no redemption or sinking fund provisions applicable to the common stock.
Preferred Stock
As of May 16, 2012 there were no shareholders of record of the 5,000,000 shares of preferred stock, par
value $0.001, authorized.
Warrents and Convertibles etc Pages 23 & 24
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