Totals..... $61.2..... 14.3...... 46.9....... 119.6 = approximately a 25% increase in shares... and excludes a minimum of 54 million shares to Cornell et al on the conversion of the Preferred and 75 million on exercise of the warrants... Sponge also gets another $4.4 million in shares on earnout of $2.3 million over 2 years