Replies to post #28 on Texxon (fka TXXN)

[chartin]

Outstanding shares....from the 8K

Company's Common Stock issued and outstanding at the close of business on May 31, 2006 would be 114,982,159....this includes the 81 million shares for the aquisition

More info......

The following table sets forth, as of the date of Closing of the TelePlus acquisition transaction, information regarding the beneficial ownership of shares of the Common Stock by each person known by the Company to own five percent or more of the outstanding shares of Common Stock by each person known by the Company to own five percent or more of the outstanding shares of Common Stock, by each of the Officers, by each of the Directors, and by the Officers and Directors as a group. PLEASE NOTE, however, that the TelePlus acquisition transaction was closed through the use of convertible preferred stock (3,000,000 shares of the "TelePlus Acquisition Series of Preferred Stock), each of which is convertible into 27 shares of the Company's Common Stock following the proposed redomestication of the Company in Nevada. Accordingly, for purposes of this chart, the shares of preferred stock are treated as already having been converted into 81,000,000 shares of the Common Stock of the Company (3,000,000 x
27 = 81,000,000) so as to provide more meaningful disclosure. At the close of business on March 30, 2006, the day before the Closing of the TelePlus acquisition, the Company had 33,982,159 shares of Common Stock issued and outstanding. Treating the 3,000,000 shares of the TelePlus Acquisition Series of Preferred Stock, which were issued at Closing on May 31, 2006, as having been converted to 81,000,000 shares of Common Stock, the total shares of the Company's Common Stock issued and outstanding at the close of business on May 31, 2006 would be 114,982,159. Based upon that number the information is:

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001019687%252D06...