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S3lfMade

03/28/12 2:19 PM

#47882 RE: jscot #47880

2bO/S or A/S?

Sprycel

03/28/12 2:21 PM

#47885 RE: jscot #47880

Here is the actual numbers right from the CEO

With the issuance of the shares of restricted common stock, the total issued and outstanding shares of
common stock are 1,995,000,000. The authorized number of shares is 1,995,000,000. This means that there are
currently no more shares available to be issued, including for the conversion of Series A Convertible Preferred
shares.


Here is the link from the Company new website:

http://www.arielway.com/docs/awpr110310_-_Ariel_Way_Significant_Debt_Reduction_110310.pdf