On September 11, 2004, the Board of Directors authorized the issuance of 4,730,000 shares of Series B Preferred Stock to two individuals in exchange for an equivalent number of shares of Series A Preferred Stock which had allowed for the Series A holders to appoint a majority of the Board of Directors. These two individuals, Christopher Berlandier and Nicholas Investment Company, Inc., now have the voting equivalent of 473,000,000 shares of common stock, which effectively gives them voting control of the Company.