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Re: Tenderloin post# 56

Saturday, 02/10/2007 5:36:20 PM

Saturday, February 10, 2007 5:36:20 PM

Post# of 926
Re: Number of Shares

As far as number of shares, apparently you did not read post # 7 Capital Structure. Here are numbers I got from PLRO Investor Relations AFTER THE CLOSING:

Authorized = 400 million Shares
Outstanding = 75 million Shares
Approximate Float = 20 million Shares

You are correct this is not official yet, since the merger is not closed. In my readings It also looks like there might be 5 million Preferred shares and possibly 2 million warrants. So it MIGHT total 102 million shares totally diluted. Not sure, it is confusing at this stage.

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