Todays filing tells it......
In the future, we may issue our authorized but previously unissued equity securities, resulting in the dilution of the ownership interests of our
present stockholders and the purchasers of our common stock offered hereby. We are currently authorized to issue an aggregate of
1,000,000,000 shares of capital stock consisting of 990,000,000 shares of common stock and 10,000,000 shares of preferred stock with
preferences and rights to be determined by our Board of Directors. As of April 30, 2013, there are 394,609,393 shares of our common stock and
no shares of our preferred stock outstanding. There are 4,200,000 shares of our common stock reserved for issuance under our 2009 Equity
Incentive Plan (the “2009 Plan”), of which we have 1,450,000 nonqualified stock options and 950,000 restricted stock units
outstanding. Furthermore, we have committed to grant Restricted Stock Units with respect to an aggregate of 900,000 shares; however, we do
not currently have enough shares authorized for issuance under our 2009 Plan to satisfy all of these obligations. In addition, there are
160,395,585 shares of our common stock issuable upon the exercise of outstanding warrants and another approximately 20,962,267 shares
issuable upon conversion of outstanding convertible promissory notes.
