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Chadman

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Chadman

Re: ScovilleUnits post# 227

Wednesday, 06/07/2006 10:41:56 AM

Wednesday, June 07, 2006 10:41:56 AM

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2. To amend the Company's certificate of incorporation to increase the number of authorized shares of common stock, par value $0.01 per share (the "Common Stock"), of the Company from 2,500,000,000 shares to 10,000,000,000 shares.

That is a lotta shares...lol. Is this the normal request for a company that has no cash and is preparing to move forward strongly with a new network deal? Maybe. I'm unfamiliar with early stage hopeful companies.

4. To adopt the Company's 2006 Equity Incentive Plan.

Anyone have any info on what this is?



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