InvestorsHub Logo

discreet_suffolk

10/05/11 1:09 PM

#101569 RE: Edgar2010 #101561

Capitalization

Common Shares Outstanding: 2,456,721,088 as of 6/14/11

Common Shares Authorized: 3 billion as of 6/14/11

Float: The majority of common shares are held by non-insiders. Management's ownership is primarily comprised of preferred shares, however management also owns approximately 165 million common shares and 95 million options to purchase common shares.

Other Equity Securities Outstanding: 10 million Series A convertible preferred shares held by management. These shares afford management with a 60% majority voting control over all matters requiring a shareholder vote. The Company also currently has stock options outstanding issued to management representing 95 million shares.

Debt Securities Outstanding: As of 6/14/11, the Company presently has no debt securities outstanding.

Insider Ownership: Taking into account all classes of equity securities, management currently owns approximately 70% of the Company's equity securities on a fully diluted basis.

http://www.laidlawenergy.com/Investors