CTCK maybe this is why it moves nice either way-from a 424b filing with SEC dated 2/3/2005
There were 348,918,011 shares of common stock outstanding as of January 28, 2005. As of that date, we believe there were approximately 686 holders of record of our common stock.
As of January 28, 2005, to the best of our knowledge, Daniel Lozinsky (a Director) owned 18,083,122 shares, Mr. Beech owned 9,380,863 shares, and Arne Dunhem (our former Chief Executive Officer) owned 2,070,489 shares.
The following information is accurate, to the best of our knowledge, as of January 28, 2005. Mr. Wright has a warrant to purchase up to 15,182,500 shares at an exercise price of $0.018 per share, which is exercisable as to 10,682,500 shares. Kurt Gordon (our Chief Financial Officer) has a warrant to purchase up to 6.5 million shares at an exercise price of $0.018 per share, of which 4,468,750 have vested. Mr. Sanguinetti has a warrant to purchase up to 3 million shares at an exercise price of $0.16 per share, of which 250,000 have vested. Mr. Dumbleton has a warrant to purchase up to 2 million shares at an exercise price of $0.17 per share, of which 83,333 have vested. Mr. Amend has a warrant to purchase up to 2 million shares at an exercise price of $0.20 per share, of which 83,333 shares have vested. Mr. MacFarland has an option to purchase up to 800,000 shares at an exercise price of $0.10 per share, which is vested as to 400,000 shares. Mr. O’Neil has a warrant to purchase up to 800,000 shares at an exercise price of $0.02 per share, all of which are fully vested and exercisable. Mr. Lozinsky has a warrant to purchase up to 6 million shares at an exercise price of $0.018 per share, which currently is exercisable as to 4 million shares. Mr. Sledge has a warrant to purchase up to 500,000 shares at an exercise price of $0.185 per share, none of which yet have vested.
On June 9, 2004, Mr. Wright voluntarily agreed to extend the lockup of his equity in the company for 17 additional months, until the end of his employment contract in April 2006.
