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wobblenuts

06/03/09 11:33 AM

#1849 RE: kmx_swing #1848

Direct from the annual.

"From January 1, 2009 to May 14, 2009, purchasers of 6% Notes (See Note 15 above) had converted principal amount of $104,151 into 260,285,794 shares of our common stocks, resulting in a quick expansion of the Company’s issued and outstanding shares. As of May 14, 2009, the amount of issued and outstanding shares of common stocks totaled 400,000,000."