(OT) STOCK STRUCTURE:
Outstanding Common Shares: 7,822,191 outstanding shares / 3,100,000 is in the float. (400,000 shares of Common Stock held by U.S. Bancorp an affiliate of US Bank)
Outstanding non-tradable Preferred ?A? Shares: 10,000,000 / Conversion: 3.1600342 per preferred A (144 Restricted for 2 years as of June 1, 1999. Matures June 1, 2005) U.S. Bank's own all the preferred for 79.5% ownership with an annually accrues a cumulative dividend equal to the U.S. Bank reference rate plus 75 basis points. Rule 144 applies and anti-dilution. For more on this transaction see the 13d filing.
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Fully Diluted: 39,422,219 by June 1, 2005
:-)
Gary |
