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11/30/06 2:05 PM

#63 RE: peng #62

According to the disclosure statement it's relatively low:

Item 6. The Number of Shares or Total Amount of the Securities Outstanding as of December 31, 2005 and June 30, 2006

As of December 31, 2005
Authorized Common Stock: 4,000,000 shares
Issued Common Shares: 2,159,400 shares
Public Float: 1,711,400

Authorized Preferred Shares: 0 shares
Issued Preferred Stock: 0 shares

As of June 30, 2006
Authorized Common Stock: 75,0000,000 shares
Issued Common Shares: 25,055,845 shares
Public Float: 4,975,000 shares

Authorized Preferred Shares: 25,000,000 shares
Issued Preferred Shares: 0 shares