Than why did you file to sell?
Ownership Securities Ownership Percentage
Prior to Being After Ownership
Selling Shareholder Offering (1Offered (2) Offering (3 of Class (4)
- ------------------- -------- ------- -------- --------
Brenda Greer 437,200 250,000 187,200 1.1%
Terry Armstrong 55,000 30,000 25,000 (5)
Antonio DiNapal 178,000 116,000 62,000 (5)
William Major 473,300 160,000 313,300 1.8%
Lawrence Smith 58,640 36,000 22,640 (5)
Bruce W. Wolitarsia 75,000 50,000 25,000 (5)
Joel W. Tippett 176,000 60,000 116,000 (5)
David Sherer 80,000 40,000 40,000 (5)
Rodney Hand 114,300 40,000 74,300 (5)
Gary Davis 117,400 72,000 45,400 (5)
Adrian Kathleen Killiam 180,000 120,000 60,000 (5)
Howard S. Kunka 228,000 152,000 76,000 (5)
Charles Bayles 177,500 96,000 81,500 (5)
George Dawkins 120,000 80,000 40,000 (5)
Graham Trust 54,00 36,000 18,000 (5)
Nancy W. Fisher 123,600 72,000 51,600 (5)
Andrew F. Stasio 59,000 36,000 23,000 (5)
Langston Family LTP 70,000 40,000 30,000 (5)
James H. Fowler 267,400 160,000 107,400 (5)
Robert Holzmueller 65,000 36,000 29,000 (5)
Jay Elder 72,500 36,000 30,750 (5)
Olen Cothron 66,750 36,000 18,000 (5)
Dr. Joe Matarazo 714,000 246,000 468,000 2.7%
Total 3,962,590 2,000,000 1,962,590
(1) Represents those shares of Common Stock held by the Selling
Stockholder, if any, together with those shares that such Selling
Stockholder has the right to acquire within 60 days from the date of this
Prospectus. Each of the Selling Stockholders specifically disclaims
beneficial ownership of the shares of Common Stock held (or acquirable
upon exercise or conversion of any derivative securities held) by the
other Selling Stockholders and, as such, the number of shares of Common
Stock represented hereby does not reflect any shares of Common Stock
beneficially owned by any other Selling Stockholder.
(2) Represents Shares acquirable by the Selling Shareholders upon exercise
of the Class A and Class B Warrants.
(3) Assumes all of the Shares acquirable upon the exercise of the Class A
and Class B Warrants will be sold. Because each of the Selling
Stockholders may sell all, some or none of the Shares that each may
acquire upon the exercise of the Class A and Class B Warrants, and because
the offering contemplated by this Prospectus is not a "firm commitment"
underwritten offering, the actual number of Shares that will be held by
each of the Selling Stockholders upon or prior to termination of this
offering may vary (see "Plan of Distribution.")
17
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