To: mishedlo who wrote (128261 ) 10/8/2001 9:26:12 PM From: sun-tzu Read Replies (1) | Respond to of 436258 Plenty more where that came from -G-biz.yahoo.com From the May 15, LWIN 10Q: <RESERVED FOR FUTURE ISSUANCE On May 9, 2001, 33,862,435 shares of our common stock were outstanding, and 22,804,362 additional shares of our common stock were reserved for issuance. The issuance of these additional shares will reduce your percentage ownership in Leap. The following shares were reserved for issuance as of May 9, 2001: - 3,375,000 shares reserved for issuance upon exercise of a warrant issued to Qualcomm in connection with the spin-off of Leap, which is exercisable in whole or in part at any time between now and September 2008; - 10,500,869 shares reserved for issuance upon the exercise of options or awards granted or available for grant to employees, officers, directors and consultants under Leap's equity incentive plans; - 2,906,784 shares reserved for issuance upon exercise of options to purchase Leap common stock granted to holders of Qualcomm options in connection with the distribution of Leap's common stock to the stockholders of Qualcomm; - 2,203,691 shares reserved for issuance upon consummation of our pending acquisitions of wireless licenses in Utica, New York, Visalia, California, Birmingham and Tuscaloosa, Alabama, Jonesboro, Arkansas, and Jackson, Mississippi, and up to 785,598 shares (subject to certain adjustments based upon changes in the market value of wireless licenses) reserved for issuance in connection with our pending acquisition of wireless licenses in Buffalo and Syracuse, New York, all of which acquisitions are subject to FCC approval and other conditions; - 202,566 shares of common stock reserved for issuance upon exercise of a warrant held by Chase Telecommunications Holdings, Inc.; and - 2,829,854 shares of common stock reserved for issuance upon exercise of the warrants issued in connection with our February 2000 units offering.> Chapter 11 or bust...LOL