Item 11. Description of Registrant’s Securities
Post# of 75011
Our authorized capital stock consists of 800,000,000 shares of common stock, with a par value of $0.001 per share, 1,000,000 shares of Series A Preferred Stock, par value $0.001 per share, 5,000,000 shares of Series B Preferred Stock, 2,000,000 shares of Series C Preferred Stock, par value $1.00 per share, and 2,000,000 shares of Series D Preferred Stock, par value $0.001 per share.
Common Stock
As of August 12, 2016, there were 600,012,754 shares of our common stock issued and outstanding.
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note the the rate of increase in outstaqnding shares cited earlier:
06-2015: 400,356,154 reported shares common stock outstanding
12-2015: 478,376,504 - 19.49% increase in 6 months (3.23%/month)
03-2016: 501,851,504 - 4.91% increase in 3 months (1.64%/mo)
06-2016: 537,989,764 - 7.20% increase in 3 months (2.4%/mo)
08-2016: 600,012,754 - 11.53% increase in 2 months (5.76%/mo)