Common use of Percentage Ownership in CLMI Clause in Contracts

Percentage Ownership in CLMI. After the Closing and after the acquisition by CLMI of 100% of the assets of ZOI and 100% of the outstanding stock of Polygonal Research Corporation, EKO Corporation, Kidvision, Inc., Wood Ranch Technology Corporation, and Pillar West Entertainment, Inc., CLMI will have a total of 7,000,000 shares of its Common Stock outstanding, and 320,000 warrants to purchase an additional 320,000 shares of CLMI's Common Stock for a purchase price of $3.00 per share for a period of three years from the date of issue of the Warrants, which is expected to occur on or about July 1, 1999. CLMI will have no other equity securities or securities convertible into equity securities of CLMI outstanding on the Closing Date.

Appears in 2 contracts

Samples: Plan of Reorganization and Exchange Agreement (Zeros & Ones Inc), Reorganization and Exchange Agreement (Zeros & Ones Inc)

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Percentage Ownership in CLMI. After the Closing and after the acquisition by CLMI of 100% of the assets of ZOI and 100% of the or outstanding stock of ZOI, Polygonal Research Corporation, EKO Corporation, Kidvision, Inc., Wood Ranch Technology CorporationGroup, Inc., and Pillar West Entertainment, Inc., CLMI will have a total of 7,000,000 shares of its Common Stock outstanding, and 320,000 warrants to purchase an additional 320,000 shares of CLMI's Common Stock for a purchase price of $3.00 per share for a period of three years from the date of issue of the Warrants, which is expected to occur on or about July 1, 1999. CLMI will have no other equity securities or securities convertible into equity securities of CLMI outstanding on the Closing Date.

Appears in 2 contracts

Samples: Reorganization and Exchange Agreement (Zeros & Ones Inc), Reorganization and Exchange Agreement (Zeros & Ones Inc)

Percentage Ownership in CLMI. After the Closing and after the acquisition by CLMI of 100% of the assets of ZOI and 100% of the or outstanding stock of ZOI, Quantum Arts, Inc., EKO Corporation, Polygonal Research Corporation, EKO Corporation, Kidvision, Inc., Wood Ranch Technology Corporation, Corporation and Pillar West Entertainment, Inc., CLMI will have a total of 7,000,000 shares of its Common Stock outstanding, and 320,000 warrants to purchase an additional 320,000 shares of CLMI's Common Stock for a purchase price of $3.00 per share for a period of three years from the date of issue of the Warrants, which is expected to occur on or about July 1, 1999. CLMI will have no other equity securities or securities convertible into equity securities of CLMI outstanding on the Closing Date.

Appears in 2 contracts

Samples: Plan of Reorganization and Exchange Agreement (Zeros & Ones Inc), Reorganization and Exchange Agreement (Zeros & Ones Inc)

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Percentage Ownership in CLMI. After the Closing and after the acquisition by CLMI of 100% of the assets of ZOI and 100% of the or outstanding stock of Polygonal Research Corporation, EKO Corporation, Kidvision, Inc., Wood Ranch Technology CorporationQuantum Arts, Inc., ZOI, and Pillar West Entertainment, Inc., CLMI will have a total of 7,000,000 shares of its Common Stock outstanding, and 320,000 warrants to purchase an additional 320,000 shares of CLMI's Common Stock for a purchase price of $3.00 per share for a period of three years from the date of issue of the Warrants, which is expected to occur on or about July 1, 1999. CLMI will have no other equity securities or securities convertible into equity securities of CLMI outstanding on the Closing Date.

Appears in 2 contracts

Samples: Reorganization and Exchange Agreement (Zeros & Ones Inc), Plan of Reorganization and Exchange Agreement (Zeros & Ones Inc)

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