AIMRITE HOLDINGS CORPORATION
(A Development Stage Company)
STATEMENT OF STOCKHOLDERS' EQUITY
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Common Shares Stock Amount Additional paid- Accumulated Deficit
in Capital
Balance, December 8,926,001 $8,926 $692,551 $(49,48
31, 1996 4)
February 12, 1997, 27,773 $28 $14,972
issued for cash
February 12, 1997, 2,000,000 2,000 1,252,643
issued for
licensing agreement
February 24, 1997, 14,546 $15 $7,985
issued for cash at
$.055 per share
Cancel investment $4,633,918
in subsidiay
June 5, 1997, 400,000 $400 $7,600
issued for cash
Issued for 1,054,275 1,054 104,373
consulting fee at
$.10 per share
Net loss year ended $(892,913)
December 31, 1997
Balance, December 12,422,595 $12,423 $6,714,042 $(942,397)
31, 1997
January 2, 1998, 3,500,000 $3,500
issued under
Regulation 504 D
March 2, 1998, 2,000,000 $2,000
issued under
Regulation 504 D
April 30, 1998, 120,010 $120 $119,890
issued for
consulting fee at
$1 per share
September 11, 1998, 40,000 $40 $4,860
issued for
consulting fees at
$.1225 per share
September 11, 1998, 6,000,000 $6,000 $384,000
conversion of loan
and interest to
common stock at
$.065 per share
October 16, 1998, 375,000 $375 $49,925
issued under
Regulation 504 D
November 3, 1998, 2,500,000 $2,500 $247,500
issued for Note
receivable to be
converted to cash
at $.10 per share
Net loss, year $(447,140
ended December 31, )
1998
Balance, December 26,957,605 $26,957 $7,520,217 $(1,389,375)
31, 1998
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