680 million shares waiting to be converted, or did they already start?
Redwood Management LLC, BOU Trust, Alpha Brilliant, Anchor Financial, Freeport Securities, Tower Financial and Windsong Investments all hold reserve options on Common Stock purchased through the redemption of Convertible Notes. As at June 30, 2014 their reserve accounts and stock draw-downs were as follows: Options Converted Balance Alpha Brilliant 100,000,000 10,000,000 90,000,000 Anchor Financial 100,000,000 10,000,000 90,000,000 BOU Trust 250,000,000 94,769,556 155,230,444 Freeport Securities 100,000,000 10,000,000 90,000,000 Redwood Mgment 300,000,000 174,424,630 125,575,370 Tower Financial 100,000,000 - 100,000,000 Windsong Inv 40,000,000 10,000,000 30,000,000 Total 990,000,000 309,194,186 680,805,814 C All stockholdings relate to purchases and transfers registered with our Transfer Agents up to and including June 30, 2014.