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SooS416

10/01/14 12:01 PM

#698 RE: WARHAMMER #695

LAst post of the day

3 classes of shares Authorized, Issued and Outstanding

Authorized - total amount that can be issued by the company

Issued - Shares that have been earmarked for a particular purpose, includes restricted shares, unvested options and other shares that are not tradeable

Outstanding - Shares that are current in the market and can be actively traded

so these options/warrants/RSA's are issued but cannot be sold as they need to vest and until they vest cannot be converted. Upon vesting they go into the O/S as they are now tradeable securities.

Hope this clears things up, otherwise hit me up on twitter

@sootkoos