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Re: jen8554 post# 34057

Tuesday, 01/29/2008 5:04:46 PM

Tuesday, January 29, 2008 5:04:46 PM

Post# of 34707
Jen you are right in you calculations except for one thing.
In the RS pr, it was announced that there was a revision of the total AS which is now 33,333,333. The State corporate website also has this number. Extreme would have to do an ammendment to increase that to the 80 plus million. As of this date they have not. Even if all the current shares outstanding were issued.... At .35 it would be 11,667,000. However there are only 1,354,459 shares outstanding as of today which @ .35 is only 439,060.00. That may change tomorrow. Lord only Knows. The Float looks fine to me. All IMO

("Extreme" or the "Company") announces that a majority of shareholders have approved a one for three thousand reverse split. Effective on the opening of business January 22, 2008, the issued and outstanding shares of common stock shall be subject to a 1-for-3000 reverse stock split. The total shares outstanding prior to the reverse split are 4,063,374,509 shares outstanding out of 100,000,000,000 authorized. After the split there will be 1,354,459 shares outstanding out of 33,333,333 shares authorized. Fractional shares should be rounded to the nearest whole number.


Action Type: Amendment
Document Number: 20080020571-05 # of Pages: 1
File Date: 01/09/2008 Effective Date:
Previous Stock Value: Par Value Shares: 100,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 100,000,000.00 New Stock Value: Par Value Shares: 33,333,333 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 33,333.33


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