Locan, Inc. (fka LOCN)

[samsamsamiam]

We are authorized to issue an aggregate amount of five hundred ten million (510,000,000) shares of stock, of which five hundred million (500,000,000) shares are designated as common stock with a $0.0001 par value, and ten million (10,000,000) shares are designated as preferred stock with a $0.0001 par value. Each shareholder of the common stock shall be entitled to one vote for each share of common stock held. As of May 1, 2008, there were 133,041,120 shares of common stock outstanding with no preferred shares of stock outstanding.


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ITEM 4. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information regarding the beneficial ownership of our common stock as of May 13, 2008, by (i) each person who is known by us to own beneficially more than 10 % of our outstanding common stock; (ii) each of our officers and directors; and (iii) all of our directors and officers as a group. None of the current shareholders have received or will receive any extra or special benefits that were not shared equally (pro-rata) by all holders of shares of our stock.











Name and Address of Beneficial Owner

Amount of Common Stock Beneficially Owned

Percentage Ownership of Common stock(1)

Professional Traders Fund, LLC 1


83,000,000


62.38%

Ronald D. Long


0


0%

All Officers and Directors as a Group
(1 person)

83,000,000

62.38%
1 83,000,000 shares of common stock are owned by Professional Traders Fund, LLC. Marc Swickle and Howard Berger are the managers of Professional Traders Fund, LLC, and have dispositive control over the shares.

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Gee should make for some interesting trading!

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http://docs.google.com/viewer?a=v&q=cache:ar3KCvRK0iUJ:www.dfi.wa.gov/sd/orders/S-03-146-07-AG-01.pdf+Marc+Swickle+and+Howard+Berger&hl=en&gl=us&pid=bl&srcid=ADGEESgL0zm6aN1KEyi8zVqZbBkP7nejTGFXci4x3dEZJM_Px45q7AsBeP66HfgEP0uGqBkEqQPz_ZT-xn2fM7hHr8_tjKtwT5XXW6qjAEV4HF_58bp_f3UTJP65juLfR34RvifA4B7H&sig=AHIEtbRBL7ilLpJZpJ7xO6ehUITE8vk8Pw

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http://docs.google.com/viewer?a=v&q=cache:X1kpy00-2a8J:www.dfi.wa.gov/sd/orders/S-03-146-05-SC01.pdf+Marc+Swickle+and+Howard+Berger&hl=en&gl=us&pid=bl&srcid=ADGEESioAc-yhx-cP8UbU1Q8KJJgt7Y0orw5lt9jiy-qXpBnk8TuKVdatVBFJOueTpdVH-Gd5yqscC4O1EXToar2PTX-MgcydFW8kXnJ4pNW9vwdmJ2t6SXC6qYEC3mIcv-oHsBYgSLQ&sig=AHIEtbSrJd25tyRVfkgjjC2v7wadriX3lA

Gee should make for some interesting trading!