LOOOKS LIKE BOOK VALUE IS 12.1 cents per share
Preferred shares are voting shares
UDTA only has 59 million shares auth. cannot issue any more shares unless the author. shares are increased
Stockholders’ Equity
d.
Common Stock
The Company has authorized, issued, and outstanding share capital of 50 millions shares of common stock at $0.121 per share as of June 30, 2006 and September 30, 2005. During nine months ended June 30, 2005, the Company issued an additional 49,850,000 shares of its common stock to a group of investors in exchange for 21,601 tons of food grants at an aggregated value of $6,173,725. The fair value of the crops was determined by reference to the market price of the goods at the date of the contribution and certified by the local appraiser
