Viratech Corp. (VIRA)

[moneybound24]

5. Does the company intend to dilute the stock any further?

Yes and No. We will not issue any more free trading stock, but we will possibly issue restricted common stock and restricted preferred convertible stock in conjunction with the financing of our movie projects in progress. This stock will not hit the market for a minimum of one year, and it will be sold at higher prices.

6. You have 1 million preferred convertible shares. Do you intend to convert those to common stock?

No, not for the forseeable future, and for at least the next year.