Math On the Float.
Title of Class Name of Number of Shares Beneficial Owner Percent of Class(1) Common Stock CyberQuest Ltd. 1,880,000 8.88%(2) Common Stock Michael Sheriff 900,000 4.42% (2) Common Stock Joseph Pipes 1,800,000 8.88% (2) Common Stock Tony Benton 436,577 2.4% Common Stock Greg Allen 436,577 2.4% Common Stock Lynn Elliott 3,496,050 16.24% Common Stock Cynthia Jared 3,496,050 16.24% Common Stock R. Wayne Duke 3,496,050 16.24% Common Stock Midland, Inc. 1,315,800 6.40% Directors and Executive 3,653,114 17.25%Officers as a Group: (1) Based on approximately 21,275,332 shares of common stock issued and outstanding on April 9, 1999.
Total above is approx. 20.8M taken for the OS approx 21.2M = 500K in the float.
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