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Post# of 4978020
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Re: sawdin post# 235589

Saturday, 03/19/2005 5:00:42 PM

Saturday, March 19, 2005 5:00:42 PM

Post# of 4978020
Sawdin, GETC: your question on the OS shares....

I seen you post on the Eztradin board. I am not Premium member so cannot respond over there.

I have tried to organize some numbers on the share structure. You can also find it in the Ibox of my GETC board.

========== Share Structure == Updated on 03/18/05 ================================================
1. Authorized Common shares: 250 Million
2. Authorized Preferred Shares: 10 Million
3. Outstanding shares: November 19, 2004 = 37,456,723
4. Addition shares issued with 8K filed on 02/28/05:
a. 82 Million common shares
b. 900,000 Preferred converting into 90 Million Common
5. Additional shares issued with 8K filed on 03/18/05
a. 21 Million Restricted shares for 3 Million tons of coal
6. 240 Million outstanding says 8K filed 03/08/05: 37,456,723 plus 82 Million plus 90 Million plus 21 Million plus 8 Million
7. Tradable float: 27,106,697 -- outstanding as of 11/19/04 were 37,456,723 shares less Rick's previous shares of 10,349,992 which are in lock up for five years.
8. Five year lock up shares: 82 Million plus 90 Million plus Rick's (CEO) previous shares of 10,349,992, equals182,349,992 shares in a five year lock up.

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