WWAG represents that it has 300,201,110 Common Shares and 2,000,000 Series “A” Preferred Shares issued and outstanding immediately prior to the Effective Time (individually a “Share” and collectively the “Shares”). WWAG further agrees that concurrently with the closing will authorize a twenty-to-one reverse stock split for its Common Shares, thereby reducing the number of issued and outstanding Common Shares to 15,010,055 Shares and create a new class of Series “B” Preferred shares, with a thousand-to-one voting rights. In return for one hundred percent (100%), of the issued and outstanding shares of Gateway, owned by AllCom, WWAG will deliver to AllCom 50,033,510 newly issued (after the twenty-to-one reverse stock split) WWAG Common Shares, for a new total of 65,046,916 of WWAG Common Shares outstanding immediately after the closing,
