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Re: Kubisiak5 post# 164715

Thursday, 07/03/2014 3:38:21 PM

Thursday, July 03, 2014 3:38:21 PM

Post# of 347753
It clearly states 30M shares -D- disposed of for 53K -A- added shares. In simple terms John used 30M shares to buy 53,000 direct issue. 28,888,888 Shares went to Free Trading status and 1,111,112 went into the Treasury Shares.
See Explanation 1. below.

Explanation of Responses:
1. As per the Exchange Agreement filed on Form 8-K, dated June 25, 2014, as Exhibit 10.1.


As of July 3, 2014 Shares Outstanding: 2,437,179,701 Total 152
Shares RESERVED: (52,000,000) Active 29
--------------------
Shares available to issue: 10,820,299
Free Trading Shares: 2,419,831,277 UP -0-
Cert Outstanding: 2,432,179,701
Book Outstanding: 5,000,000

As of June 27, 2014 Shares Outstanding: 2,437,179,701 Total 152 Down 1,111,112
Shares RESERVED: (52,000,000) Active 29
--------------------
Shares available to issue: 10,820,299 UP 1,111,112
Free Trading Shares: 2,419,831,277 UP 28,888,888
Cert Outstanding: 2,432,179,701
Book Outstanding: 5,000,000

As of June 24, 2014 Shares Outstanding: 2,438,290,813 Total 151
Shares RESERVED: (52,000,000) Active 29
--------------------
Shares available to issue: 9,709,187
Free Trading Shares: 2,390,942,389 UP -0-
Cert Outstanding: 2,418,290,813
Book Outstanding: 20,000,000

As of June 18, 2014 Shares Outstanding: 2,438,290,813 Total 151
Shares RESERVED: (52,000,000) Active 30
--------------------
Shares available to issue: 9,709,187
Free Trading Shares: 2,390,942,389 UP -0-
Cert Outstanding: 2,418,290,813
Book Outstanding: 20,000,000