Authorized and Outstanding Securities TRTC
Our authorized share capital consists of 375,000,000 shares of common stock, par value $0.001 per share, of which 350,000,00 are shares of common stock and 25,000,000 shares have been designated as “blank check” preferred stock. Of the 25,000,000 shares designated as blank check Preferred Stock, 100 shares have been designated as “Series A Preferred Stock” and 24,999,900 have been designated as “Series B preferred Stock.” As of December 18, 2013, there were 233,802,141 shares of our common stock (assuming the conversion and exercise of all of our currently outstanding preferred stock, and warrants into shares of our common stock) issued and outstanding.