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Re: BIG bhapa post# 15537

Saturday, 01/22/2011 2:00:51 AM

Saturday, January 22, 2011 2:00:51 AM

Post# of 129051
"the divy is common (but it is a new class)not the current class (no dilution), and the additional PS will be issued. And note: that the 250 million of issue only applies to the new class, and our current class will still have the same 100 million."

Dude, you're a riot.

We are currently authorized by our Certificate of Incorporation to issue 250,000,000 shares of common stock, $0.001 par value per share and 1,000,000 shares of preferred stock, $0.001 par value per share. Pursuant to the Amendment we will reclassify our common stock so that we can issue 250,000,000 shares of Class B common stock (our current class), 100,000,000 shares of Class A common stock (our new class) and 1,000,000 shares of preferred stock.



Thanks for the laugh.

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