Strange how they do that.
On December 15, 2010, the Corporation entered into a Merger Agreement in which The Original Soupman, Inc. (“OSM”) was merged with and into our subsidiary, OSM Merge, Inc., with The Original Soupman, Inc. surviving the merger. Each outstanding share of common stock and preferred stock of The Original Soupman, Inc. was converted into an aggregate of 14,212,828 shares of our common stock and 1,987,783 shares of preferred stock, respectively. In addition, princinpal and interest on $4,673,000 in OSM convertible notes were converted into 4,830,256 shares of the Corporation’s common stock at an exchange ratio of $1.00 per common share.
The following table sets forth certain information concerning the ownership of the Corporation's common stock as of December 21, 2010, with respect to: (i) each person known to the Corporation to be the beneficial owner of more than five percent of the Corporation's common stock; (ii) all directors; and (iii) directors and executive officers of the Corporation as a group. The notes accompanying the information in the table below are necessary for a complete understanding of the figures provided below. As of December 21, 2010, there were 19,043,084 shares of common stock issued and outstanding and 1,987,783 shares of preferred stock, respectively
