After considering the current number of shares of issued and outstanding common stock, our current outstanding equity obligations, and various other factors discussed below, our Board of Directors has approved and is recommending to our shareholders for approval at the Annual Meeting a proposal to amend the Articles of Incorporation to increase the number of shares of Common Stock authorized and available for issuance from 100,000,000 to 125,000,000 shares. If the increase is approved, we will amend our Articles of Incorporation to effect the increase, as set forth below. The increase in the number of shares of authorized Common Stock as reflected in this Proposal No. 2 does not alter or change the powers, preferences, or special rights of the holders of our existing shares of Common Stock or Series A Convertible Preferred Stock.
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