Capitalization and Outstanding Shares. Net Force's ------------------------------------------ authorized capitalization currently consists of 100,000,000 shares of common stock, par value $.001, of which 17,066,033 shares of common stock are issued and outstanding as of the date hereof and 50,000,000 shares of preferred stock of which no shares are outstanding as of the date hereof. All issued and outstanding shares are legally issued, fully paid, non-assessable and not issued in violation of the pre-emptive or other rights of any person.
Capitalization and Outstanding Shares. The authorized ---------------------------------------- capitalization of Sinovac consists of 250,000,000 authorized common shares, $0.001 par value per share, of which 133,600,000 are issued and outstanding as of August 31, 2003. All outstanding share of Sinovac are validly issued, fully paid, and non-assessable and not issued in violation of the preemptive or other rights of any person.
Capitalization and Outstanding Shares. At the time of Closing, there will be 525,000,000 shares of capital stock of the Corporation (the “Corporation Capital Shares”) authorized, consisting of 500,000 shares of common stock Corporation $0.001 par value per share, 25,000,000 shares of Preferred Stock (2,400,258 of which are outstanding and designated as Series A Preferred Stock), 10,000,000 shares of Preferred BCV (none of which are outstanding) and 1,000,000 shares of “blank check” preferred stock (one share of which is outstanding and designated as Series C Preferred Stock, the Certificate of Designation of which is attached hereto as Exhibit A) (the “Corporation Preferred Shares”). Except as provided in this Agreement, no person is entitled to any rights with respect to the issuance or transfer of the Corporation Common Shares. The outstanding Corporation Capital Shares will on the Closing Date be validly issued, fully paid, non-assessable, not subject to pre-emptive rights and will have been issued in compliance with all state and federal securities laws or other applicable law.
Capitalization and Outstanding Shares. The authorized capitalization of Sun East consists of 50,000 shares of stock, par value of $1.00 per share, of which the Shareholders own 50,000 shares, and which constitutes all of the outstanding and issued shares of Sun East to date of closing. The Shareholders hereby represent and warrant that they have full right, power, and authority to transfer, assign, convey, and deliver their Sun East shares; and delivery of such shares at the closing will convey to Am-Pac good and marketable title to such shares, clear of any claims, charges, equities, liens, security interests and encumbrances whatsoever.
Capitalization and Outstanding Shares. (a) As of the date of this Agreement, the authorized capital of the Corporation consists of 55,000,000 shares of capital stock, $0.001 par value per share, of which 50,000,000 shares are common stock and 5,000,000 shares are preferred stock. There are 12,925,000 shares of the Corporation Common Stock currently issued and outstanding, and no shares of the Corporation's preferred stock are issued and outstanding. Such issued and outstanding shares of the Corporation Common Stock are validly issued, fully paid, and non-assessable and have not been issued in violation of the pre-emptive or other rights of any person.
Capitalization and Outstanding Shares. As of the date of this Agreement, the authorized capitalization of EZJR consists of 70,000,000 shares of common stock, $0.001 par value, of which, 13,664,576 shares of common stock are outstanding. Such issued and outstanding shares are validly issued, fully paid, and non-assessable and not issued in violation of the pre-emptive or other rights of any person. EZJR has 5,000,000 shares of preferred stock, $0.001 par value, of which, no preferred shares are issued or outstanding. Schedule 1.6 contains a true and complete description, as of the date of this Agreement, of: (a) the authorized share capital of EZJR; (b) the issued and outstanding share capital of EZJR; and (c) the fully-diluted share capital of EZJR.
Capitalization and Outstanding Shares. As of the date of this Agreement, the authorized capitalization of LEF consists of 100,000 shares of common stock, of which, 44,750 shares of common stock are outstanding. Such issued and outstanding shares are validly issued, fully paid, and non-assessable and not issued in violation of the pre-emptive or other rights of any person.
Capitalization and Outstanding Shares. The authorized capitalization of E-bank consists of _______ shares of stock, $_____ par value which have been paid in, of which the Shareholders own all of such shares, and which constitutes or shall constitute all of the outstanding and issued shares of E-bank to date of closing. Such shares are legally issued, fully paid, and non-assessable and not issued in violation of the pre-emptive or other rights of any person. (Schedule 1.02 - none)
Capitalization and Outstanding Shares. There are 210,000,000 shares of capital stock of the Corporation (the "Corporation Capital Shares") authorized, consisting of 200,000,000 Corporation Common Shares, $0.01 par value per share, and 10,000,000 shares of "blank check" preferred stock (the "Corporation Preferred Shares"). At the Closing Date (as hereinafter defined), there will be an aggregate of up to 2,500,000 Corporation Common Shares issued and outstanding and no Corporation Preferred Shares. Except as provided in this Agreement, no person is entitled to any rights with respect to the issuance or transfer of the Corporation Common Shares. The outstanding Corporation Capital Shares will on the Closing Date be validly issued, fully paid, non-assessable, not subject to pre-emptive rights and will have been issued in compliance with all state and federal securities laws or other applicable law.
Capitalization and Outstanding Shares. The authorized capitalization of Intermost consists of 50,000 shares of stock, par value of $1.00 per share, of which the Shareholders own all or 100% of the outstanding and issued shares of Intermost to date of closing. The Shareholders hereby represent and warrant that they have full right, power, and authority to transfer, assign, convey, and deliver their Intermost shares; and delivery of such shares at the closing will convey to Utilities good and marketable title to such shares, clear of any claims, charges, equities, liens, security interests and encumbrances whatsoever.
