Common use of Capitalization and Related Matters Clause in Contracts

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 2,000,000 shares of common stock, 1,080,288 of which are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) i. The Company has an authorized capital consisting of 2,000,000 20,000,000 shares of common stock, 1,080,288 $.001 par value per share, 3,200,000 of which are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 2,000,000 200,000,000 shares of common stockCommon Stock, 1,080,288 no shares of Preferred Stock, of which 45,765,000 shares of Common Stock are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 2,000,000 20,000,000 shares of common stock, 1,080,288 $.001 par value per share, 3,200,000 of which are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 2,000,000 7,500 shares of common stock, 1,080,288 300 of which are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) The Company has an authorized capital consisting of 2,000,000 20,000 shares of common stock, 1,080,288 no par value per share, 100 of which are issued and outstanding at the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.

Capitalization and Related Matters. (a) i. The Company has an authorized capital consisting of 2,000,000 500 shares of common stock, 1,080,288 par value per share, $1.00 and no shares of Preferred Stock, of which three hundred seventy-seven (377) shares of Common Stock are issued and outstanding at as of the date hereof. All shares of the Company Common Stock and Subsidiary Stock are duly and validly issued, fully paid and nonassessable. No shares of the Company Common Stock or Subsidiary Stock (i) were issued in violation of the preemptive rights of any shareholder, or (ii) are held as treasury stock.