Actually, I think it's much higher...this was from their last SB2/A...check it out on Edgar...
This prospectus relates to the resale of up to 649,890,789 shares of our Common Stock, par value $0.001 per share (“Common Stock”) of which: (i) 100,000,000 shares are issuable upon the conversion of $4,000,000 in aggregate principal amount of callable secured convertible notes and the payment of the principal amount of, and interest on, such notes to Tirion Group, Inc. (“Tirion”); (ii) 2,000,000 shares underlying warrants issuable to Tirion; (iii) 6,700,000 shares of common stock issuable upon exercise of warrants issued to DLM Asset Management, Inc. (“DLM”); (iv) 526,315,789 shares of common stock issuable to Dutchess Private Equities Fund, II, LP (“Dutchess”); (v) 4,000,000 shares of common stock issuable to Steven Antebi (“Antebi”); (vi) 4,000,000 shares issuable upon exercise of warrants, issued to Antebi; (vii) 2,500,000 shares of common stock issuable upon exercise of warrants issued to Sapphire Consultants (“Sapphire”) (viii) 3,750,000 shares of common stock issuable to Confin International Investments (“Confin”); and (ix) 625,000 shares of common stock issuable upon exercise of warrants issued to John Brigandi (“Brigandi”) (Tirion, DLM, Dutchess, Antebi, Sapphire, Confin and Brigandi are referred to collectively as “Selling Securityholders”). The Selling Securityholders may sell their common stock from time to time at prevailing market prices. |
