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DartmouthDan

03/19/15 1:28 PM

#26221 RE: tangerine #26218

Capitalization of the company as of 9/30/14 (giving effect to TPL giveback)
Series D Preferred, 333,336 as converted- 333,336,000 shares -ownership unknown
Series B Preferred, 66,808, as converted, 668,808,000 shares
Series C Preferred, 220 shares, 645,333 common as converted
common stock, 376,308,000 appx
convertible notes ??? too hard to figure out what they convert into based on the SEC reports but it seems the company is saying a total of 1.6 billion fully diluted, and the total common equity shares excluding convertible notes, and giving effect to TPL give back= 1,378,452,000 approximately
so that means convertible on the notes is about 222 million.

Who controls these shares?
Midei Evon has 19 million and Daniel Zagorin has 34 million. No one else is telling us what they own. The company will not disclose it so far
Apparently the identities of the owners is a secret