wait for split! Just noticed we have not split yet!
so...
CAPITALIZATION STRUCTURE OF THE COMPANY AT VARIOUS TIMES (1)
Capital Structure prior to conversion of issued and outstanding Preferred Stock on Pre-Reverse Split Basis Capital Structure assuming conversion of issued and outstanding Preferred Stock on Pre-Reverse Split Basis Capital Structure after conversion of Preferred Stock and Reverse Split
(As of Record Date) (As of Record Date) (On Effective Date)
Issued and outstanding Common Stock 10,508,643 818,480,863.69 24,923,178
Issued and outstanding Series A 100,000 -0- -0-
Issued and outstanding
Series B 996,718.78 -0- -0-
Common
Stock reserved for issuance upon conversion of Preferred Stock 807,972,220.69 -0- -0-
Authorized but unissued and unreserved Common Stock(2) -0- -0- 175,076,822
http://www.sec.gov/Archives/edgar/data/1117057/000114420407023747/v074183_pre14c.htm
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