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DFW

09/08/12 10:23 AM

#26815 RE: ICEQUITY #26812

ICE, as of the filing of 12/31/11 if we can believe the filing and I hope we can.

Serge owns 2,470,668,606 shares of common and preferred after conversion.

Serge must count on other insiders to maintain his 51% voting majority.

On the fully diluted share count without warrants and convertible debt (as they do not have votes until converted), Serge has right around 40% of the vote of all the types of voting stock.


get a 12 digit calualator, read the filings and do the math



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