Texcom Inc. (fka TEXC)

[cleverrox]

By my calculations there are at most 71M shares fully diluted if every warrant / option was exercised. However that number may be 70M shares if you read the second paragraph below I believe the company has effectively "retired" 1M shares of warrants by allowing a cashless exercise.

RoX


Potentially dilutive securities include stock options and warrants to purchase 2,445,879 shares of common stock and
Series A Preferred Stock convertible to 4,057,500 common stock were excluded from the computation of dilutive
earnings per share for year 2013 because their effect would have been antidilutive.

Subsequent to December 31, 2013, an investor partially exercised the warrants giving rise to the derivative. Of the
1,800,643 warrants available, 1,500,000 were exercised, resulting in the issuance of 492,713 common shares in a
cashless exercise for stock valued at $121,750.