To All, Taken from last years 10KSB. Info on Luke's preferred stock.
Amount and Nature Amount and Nature
of Beneficial of Beneficial
Interest of $.01 par Interest of Series D
Name of Officers and value Percent Convertible Percent
Directors(1) Common Stock of Class(3) Preferred Stock of Class
------------------------------ ---------------- ------------- ------------------- --------
Fred G. Luke(5) 11,000,000(5) 23% 24,000,000(2) 100%
John D. Desbrow 321,000 .66% -- --
Steven H. Dong 302,000 .62% -- --
Jon Lawver(4) 230,000 .47% -- --
Albert Rapuano 975,000 2% -- --
All Officers and Directors as 12,828,000 26% 24,000,000 100%
a group
(1) The address of each executive officer or Director is 4695 MacArthur
Court, Suite 530, Newport Beach, California 92660 unless otherwise
shown
(2) The Luke Trust owns 93% of NuVen. Fred G. Luke, as co-Trustee of the
Luke Trust determines the voting of such shares and, as a result, may
be deemed to control the Luke Trust and the disposition of the
24,000,000 shares of the Company's D Preferred.
(3) Percentage ownership amounts are computed for each holder assuming that
convertible securities and options held by each holder are exercised
within 60 days.
(4) Options and shares are held by J.L. Lawver Corp. of which Jon L. Lawver
is the President of J.L. Lawver Corp.
(5) Includes 400,000 shares held by Mr. Luke and 600,000 shares held
beneficially pursuant to options, and 10,000,000 shares of common stock
into which the shares of D Preferred will convert if converted by
NuVen. |
