Common use of Authorized Capital Clause in Contracts

Authorized Capital. The authorized capital of the Company consists of 50,000,000 shares of Common Stock, par value $0.001 (being the Company Shares) and 5,000,000 shares of Preferred Stock, par value $0.001;

Authorized Capital. The authorized capital of the Company consists of 50,000,000 1,000 shares of Common Stock, par value $0.001 (being the Company Shares) and 5,000,000 shares of Preferred Stock, par value $0.001common stock;

Authorized Capital. The authorized capital stock of the Company consists of 50,000,000 Two Hundred and Fifty Million (250,000,000) shares of Common Stockcommon stock, par value $0.001 0.0001 per share (being the Company Shares“Common Stock”) and 5,000,000 Ten Million shares of Preferred Stockpreferred stock, par value $0.001;0.0001 (“Preferred Stock), One Million (1,000,000) shares of Common Stock are validly issued and outstanding, fully paid and non-assessable as set forth in the Company’s Form 10-Q for the quarter ended June 30, 2008.

Authorized Capital. The authorized capital of the Company consists of 50,000,000 ------------------- 45,000,000 shares of Common Stock, common stock par value $0.001 (being the Company Shares) and 5,000,000 0.01, 1,250,000 shares of Series A Convertible Preferred Stock, Stock par value $0.0010.01 and 3,750,000 shares of Series B Convertible Preferred Stock par value $0.01;

Authorized Capital. The authorized capital of the Company consists of 50,000,000 is 1,000,000 shares of Common Stock, divided into 500,000 Class A common shares without par value $0.001 (being the Company Shares) and 5,000,000 500,000 Class B preference shares of Preferred Stock, without par value $0.001of which there are issued and outstanding as fully paid and non-assessable 200,000 Class A common shares and zero Class B preference shares;

Authorized Capital. The authorized capital of the Company consists of 50,000,000 of: (i) 100,000,000 shares of Common Stock, par value $0.001 of which, prior to the Initial Closing, there will be 29,980,624 shares issued and outstanding; and (being the Company Sharesii) and 5,000,000 100,000,000 shares of Preferred Stock, par value $0.001;none of which, prior to the Initial Closing, will be issued and outstanding.

Authorized Capital. The total authorized capital stock of the Company consists of 50,000,000 Corporation shall be 100,000,000 shares of Common Stockcommon stock and 20,000,000 shares of preferred stock, each with a par value of $0.001 (being the Company Shares) and 5,000,000 shares of Preferred Stock, par value $0.001;.001 per share.

Authorized Capital. The authorized capital of the Company Corporation consists of 50,000,000 25,000,000 shares of Common Stockcommon stock, par value of $0.001 per shares and 10,000,000 Class N Shares, par value $0.001 0.0001, of which (being after giving effect to the Company Sharestransactions contemplated in connection with this Agreement) 8,223,023 Common Shares and 5,000,000 2,508,837 Class N Shares are validly issued and are outstanding as fully paid and non-assessable; all other previously issued shares in the capital of Preferred Stock, par value $0.001;the Corporation have been repurchased or redeemed by the Corporation and have been canceled.

Authorized Capital. The authorized capital of the Company Corporation consists of 50,000,000 25,000,000 shares of Common Stockcommon stock, par value of $0.001 per shares and 10,000,000 Class N Shares, par value $0.001 (being 0.0001, of which 10,248,350 Common Shares and 3,703,810 Class N Shares are validly issued and are outstanding as fully paid and non-assessable; all other previously issued shares in the Company Shares) capital of the Corporation have been repurchased or redeemed by the Corporation and 5,000,000 shares of Preferred Stock, par value $0.001;have been canceled.

Authorized Capital. The authorized capital of the Company consists of 50,000,000 30,000,000 shares of Common Stockcommon stock, par value $0.001 0.0001 (being the Company Common Shares) and 5,000,000 shares of Preferred Stockpreferred stock, par value $0.0010.0001;