Common use of Capitalization of Buyer Clause in Contracts

Capitalization of Buyer. Buyer has 5,607,5000 post reverse split shares of common stock outstanding and 0 shares of preferred stock issued and outstanding and has no outstanding options, warrants or other securities exercisable or convertible into shares of Buyer’s common or preferred stock other than as described in Buyer’s financial statements filed with the SEC.

Capitalization of Buyer. Buyer has 5,607,5000 post reverse split 10,000,000 shares of common stock outstanding and 0 shares of preferred stock issued and outstanding and has no outstanding options, warrants or other securities exercisable or convertible into shares of Buyer’s common or preferred stock other than as described in Buyer’s financial statements filed with the SECstock.

Capitalization of Buyer. Buyer has 5,607,5000 post reverse split 98,900,000 shares of common stock outstanding and 0 shares of preferred stock issued and outstanding and has no outstanding options, warrants or other securities exercisable or convertible into shares of Buyer’s common or preferred stock other than as described in Buyer’s financial statements filed with the SEC.

Capitalization of Buyer. Buyer has 5,607,5000 post reverse split 20,960,325 shares of common stock outstanding and 0 shares of preferred stock issued and outstanding and has no outstanding options, warrants or other securities exercisable or convertible into shares of Buyer’s common or preferred stock other than as described in Buyer’s financial statements filed with the SEC.

Capitalization of Buyer. Buyer has 5,607,5000 post reverse split 11,971,600 shares of common stock outstanding and 0 shares of preferred stock issued and outstanding and has no outstanding options, warrants or other securities exercisable or convertible into shares of Buyer’s 's common or preferred stock other than as described in Buyer’s 's financial statements filed with the SEC. However, on or after the date hereof, Buyer intends to issue an additional 25,000 shares of Buyer's common stock as part of a separate acquisition of assets unrelated to this Agreement.