Thursday, November 02, 2006 1:43:31 PM
25B is on tap...
(d) Non-Cash Compensation Valuation.
We intend to issue shares of common stock to various individuals
and entities for management, legal, consulting and marketing
services. These issuances will be valued at the fair market value of
the services provided and the number of shares issued is determined,
based upon the open market closing price of common stock as of the
date of each respective transaction. These transactions will be
reflected as a component of selling, general and administrative
expenses in our statement of operations.
(d) Non-Cash Compensation Valuation.
We intend to issue shares of common stock to various individuals
and entities for management, legal, consulting and marketing
services. These issuances will be valued at the fair market value of
the services provided and the number of shares issued is determined,
based upon the open market closing price of common stock as of the
date of each respective transaction. These transactions will be
reflected as a component of selling, general and administrative
expenses in our statement of operations.
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