Steele Oceanic Corp. (fka SELR)

[DaReal]

1:4000 R/S Coming per 10/A Filing from today

ITEM 4. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT .

The following table lists stock ownership of our Common Stock as of January 19, 2017 based on 205,702,522, shares of common stock issued and outstanding, and 284,490 shares of Series B Convertible Preferred Stock, (1 vote per share) and; 10,656,155,430 reserved for issuance at the discretion of the holders, for a cumulative amount of 10,862,142,442, if all shares are converted to common stock. The information includes beneficial ownership by (i) holders of more than 5% of our Common Stock, (ii) and (iii) all of our directors and executive officers as a group. Except as noted below, to our knowledge, each person named in the table has sole voting and investment power with respect to all shares of our Common Stock beneficially owned by them.

This does not take into account the 1:4,000 reverse stock split (which would reduce the outstanding common shares to approximately 2,715,465 shares of common stock in addition to 284,490 shares of Series B Convertible Preferred Stock .

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11791611

JFYI