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Technology Stocks : UREC - URECOATS INTERNATIONAL (formerly WINA) ready now -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (20)3/11/1999 9:08:00 PM
From: Jim Bishop  Respond to of 199
 
From mister Edgar:

--------------
As of December 15, 1998 the Company had 56,826,117 shares of Common Stock
issued and outstanding without giving effect to outstanding options or other
derivative securities. The Company's certificate presently authorizes
60,000,000 shares of common stock and 2,000,000 shares of Preferred Stock.
Accordingly, based upon the aforementioned reasons and the Company's current
acquisition policy, Management has determined to request shareholder
approval of its resolution to amend its Restated Certificate of
Incorporation to increase the authorized shares of Common Stock and from
60,000,000 share of Common Stock to 100,000,000 shares of Common Stock.

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