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Re: Watts Watt post# 37309

Saturday, 09/28/2013 9:24:23 AM

Saturday, September 28, 2013 9:24:23 AM

Post# of 239553
Yes, definitely. I assume there will also not be any rogue votes among the Insiders.

I noticed that Jack Chitiyat, Chityat Holdings or Atlantic Holdings were not noted in the leading shareholder section of the Proxy, but were in the 10K (below). Has he reduced shares, or spread them, do you think?

10K (no mention in Proxy)
(10) Includes:
(a) 3,873,325 shares of common stock, 2,354,762 shares issuable pursuant to currently exercisable warrants held of record by Atlantic Realty
Group, Inc. Mr. Chitayat has the power to direct the voting and disposition of such shares as the president and a sole shareholder of Atlantic
Realty Group, Inc.;
(b) 2,544,289 shares of common stock, 1,929,219 shares issuable pursuant to currently exercisable warrants held of record by Mr. Chitayat;
(c) 3,935,673 shares of common stock issuable pursuant to currently convertible Series-A Preferred Stock held of record by Chitayat Holdings
LLC.
(d) 750,000 shares issuable pursuant to outstanding stock options which are currently exercisable.
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