NOTE 11 - CAPITAL STOCK
• Common Stock: Authorized 1,000,000,000 shares, $.00001 par value; and 595,920,485
issued and outstanding as on the balance sheet date. As of the date of this report,
300,000,000 shares are in the process of being cancelled in exchange for 17,318 shares of
Class A preferred stock. Further, this Company is obligated to issue additional shares to
the note holder as stated in Note 13.