Annual report pursuant to Section 13 and 15(d)

NOTE 16 - RECAPITALIZATION (Tables)

v2.4.1.9
NOTE 16 - RECAPITALIZATION (Tables)
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Recapitalization
                           
   

Recapitalization

August 1, 2013

 
    Before   After  
   

Par

Value

 

Authorized

Shares

 

Par

Value

 

Authorized

Shares

 
Authorized Shares                  
Preferred stock     .001     2,000,000     .001     1,000,000  
Common Stock     .001     50,000,000     .001      
Common Stock - Class A     .001         .001     450,000,000  
Common Stock - Class B     .001         .001     50,000,000  
                           
Total Authorized Shares           52,000,000           501,000,000  
                           
                           
Issued and Outstanding                          
Preferred stock     .001         .001      
Common Stock     .001     164,789     .001      
Common Stock - Class A     .001         .001     321,867  
Common Stock - Class B     .001         .001     57,500  
                           
Total Authorized Shares           164,789           379,367