less than 10 million out there. Hmmmmm.
This means that all stockholders of record on the record date of
September 30, 2004 of the forward split will receive and own 10 New Shares for
every one Old Share owned, with all fractional shares rounded up to the nearest
whole. As a result, following the forward stock split, the stockholders as of
the record date will own a total of approximately 403,741,290 shares of stock,
an increase of approximately 363,367,161 shares, subject to rounding and the
issuance by us of any additional shares of common stock prior to the record
date. We have no present intention, however, to issue any additional shares of
our common stock before the record date.
Purpose and Effect of Amendment.
Our common stock is currently quoted on the OTC Bulletin Board. At the
present time, there are approximately 9,058,458 shares our common stock that are
freely tradable.