CBQI Historical Stock Structure as of 8/15/2000:
Please note this is information from the filings and
Transfer Agent and best effort on the part of the
publisher and no assurances it is without flaws.
Restricted / No Options:
18,000,000 2 years Restricted Cyber Quest (November 19, 1998)
1,000,000 2 years Restricted Reliance Technologies (March 15, 1999)
900,000 2 years Restricted Priority One (April 9, 1999)
4,233,200 2 years Restricted Global Logistic Partners (May 11, 1999)
30,000,000 2 years Restricted ChinaSoft (December 1999)
12,043,179 2 years Restricted Quantum Net (August 2000)
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66,176,379 Restricted Stock Approx.
Non Restricted:
2,000,000 After reverse split Nov. 1998 580 shareholders of record
280,000 @ .50 S8 Options Nov 1998
442,832 Exercised Options (See Note Below)
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2,722,832 Free Trading
66,176,379 Restricted Stock Approx.
----------------------------------------------------
68,899,211 Outstanding as of August 15, 2000
63,361,000 Restricted Stock according to TA
----------------------------------------------------
5,538,211 Free Trading Float
Float Breakdown:
2,722,832 Free Trading
2,815,379 144 Restriction Lifted (See 144 Below)
----------------------------------------------------
5,538,211 Float August 15, 2000
144 Dilution Since 12/8/1999 - 8/15/2000:
4,993,643 144 Filed (Accumulated Since 12/8/99 - 8/15/2000)
2,815,379 144 Lifted per TA
2,607,223 144 filed this quarter
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208,156 144 sold into the market since December 1999
Notes: In 1998 there was $180,011.00 (280,000 @ .50)
in Stock Exchange ... (18,823 @ $2.125) and please understand
this is a best effort guess and in 1999 there is $191,117.00
and another $390,260.00 in financing activities so the total for 1999
and best effort guess is $581,377.00 / 2.125 = 273,589 options ...
in 2000 this leaves 169,243 for this year minus my 50,000 leaves 119,243
that is probably Bart ... (119,243 x 2.125 = $253,391) Just like Bart said.
Options:
300,000 @ $6.000 Consulting Agreement on (2-15-99 None Exercised/Expired)
100,000 @ $6.000 Reliance Technologies (March 15, 1999)
100,000 @ $3.000 Priority One (April 9, 1999)
6,000,000 @ $2.125 ChinaSoft (December 1999) (50K are mine)
=======================================================
6,200,000 Total
Preferred A Stock & Warrants: 70,000 to Cyberquest LTD and 0 Warrants
(a) Dividend None.
(b) Conversion None.
(c) Redemption Elective and cumulative the Company may redeem as follows:
11/19/98 - 11/19/99 - 7,000 preferred shares at $10.00 per share;
11/19/99 - 11/19/00 - 14,000 preferred shares at $11.00 per share
11/19/00 - 11/19/01 - 21,000 preferred shares at $12.00 per share;
11/19/01 - 11/19/02 - 28,000 preferred shares at $13.00 per share.
(d) Liquidation Preference None.
(e) Sinking Fund None.
(f) Voting Rights None.
(g) Additional Provisions
(If financing then Prefer get an offer to be part of the financing)
In the event that the Company offers and sells at any time
during which any shares of Preferred Stock remain
outstanding any share of common stock of the Company at a
price of less than $5.00 per share on a private, non
registered basis, the Company will grant to the holder(s)
of any then outstanding shares of Preferred Stock a
warrant allowing the acquisition of one share of common
stock for each ten shares of common stock issued and sold.
The warrant will be exercisable for a period of one (1)
year after grant at the price for which the shares of
common stock causing the imposition of this provision were
issued and sold.
The information presented on this web site is copyrighted
and assumed to be accurate. However, there is no implied
guarantee or assurance that this information is flawless.
All stock information should be considered the personal
opinions and Best Effort Due Diligence of Gary Swancey,
and should not be considered a substitute for individual Due Diligence.
Do Your Own Research!
Copyright © 1999, 2000
Last modified: August 17, 2000 |
