Total Assets of $26,675,321 Assets valuation per share .058 Current 301,870,610 shares O/S and 159,336,082 restricted shares being issued to Hanover for merger. 301,870,610 shares O/S before Hanover shares. 461,206,692 shares O/S after Hanover shares. Earnings of $485,719 Revenue $935,382 EPS for 2009 .0016 current shares O/S EPS for 2009 .0011 with Hanover shares EPS of 15-20X last years numbers
"ITEM “C” – Limitation on Future Stock Issuances – The Board held a discussion and unanimously agreed to not pursue new financing for the company that would require an issuance of additional common or preferred shares."