Duos Technologies Group, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

NOTE 16 - RECAPITALIZATION (Tables)

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