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Re: retiredcoach post# 31

Monday, 05/05/2003 6:09:12 PM

Monday, May 05, 2003 6:09:12 PM

Post# of 58
On VRA- you may want to read this-
This prospectus covers the resale of an aggregate of 44,759,380 shares of our common stock, consisting of 5,652,100 shares issued, 29,130,000 shares issuable upon conversion of convertible debentures and 9,977,280 shares issuable upon exercise of common stock purchase warrants. In addition, this prospectus covers the registration of an additional 36,048,377 shares for agreed upon antidilution provisions including 3,714,075 shares relating to shares issued at closing, 21,847,500 shares relating to conversion of principal due, 7,428,150 related to warrants and 3,058,652 shares for possible interest payments paid in common stock. We will not receive any proceeds from the sale of shares by the selling security holders.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000950144%2D03%2D003865%2Etxt&FilePath...


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