Friday, March 11, 2011 3:25:32 PM
Preferred Stock Series B Issued March 2009 2,000,000 2,000,000
Series B preferred converts 1:1000 into common shares.
Sunbiz:
Increased A/S to 15billion shares to allow for conversion of Preferred Shares when eligible for conversion. Preferred shares are eligible to convert to common shares two years from the date of issuance.
What do ya know? 2 years from March 2009 is... oh yea, NOW!
So thats a mere 2 billion shares. no biggie right?!
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