The Agreement provides that Acquisition Corp. will

The Agreement provides that Acquisition Corp. will issue one new preferred share for each two preferred shares of each of the Company and AEGY currently issued and outstanding, and will also issue a fixed number of shares, still to be determined) of its common stock, which will be allocated to the common shareholders of the Company and SK AEGY at closing of the merger. There are currently 5 million shares of the Company issued and outstanding as Series A Voting Convertible Preferred Shares, and 5 million shares of AEGY issued and outstanding as Series A Voting Convertible Preferred Shares.