Common use of The Capital of the Parties Clause in Contracts

The Capital of the Parties. (2.1) THE CAPITAL OF HRMX consists of 500,000,000 shares of common voting stock of $0.001 par value authorized, of which 206,921,001 shares are issued and outstanding. HRMX intends to undertake a 100 for 1 reverse stock split which would result in the total number of outstanding shares being reduced to 2,069,210. HRMX also has 40,000,000 shares of Series A convertible preferred stock of $.001 par value authorized, of which 2,850,000 shares are issued and outstanding, and 1,000 shares of Series B convertible preferred stock, of which none are issued and outstanding. After consummation of the transactions contemplated herein, the parties intend that ADT Shareholders will own 90.62% of the issued and outstanding shares of common stock of HRMX. (2.2) THE CAPITAL OF ADT consists of HK$10,000 in registered capital, which for the purposes of this Agreement, is referred to as "common stock" or "capital stock".

The Capital of the Parties. (2.1) THE CAPITAL OF The Capital of HRMX consists of 500,000,000 shares of common voting stock of $0.001 par value authorized, of which 206,921,001 shares are issued and outstanding. HRMX intends to undertake a 100 for 1 reverse stock split which would result in the total number of outstanding shares being reduced to 2,069,210. HRMX also has 40,000,000 shares of Series A convertible preferred stock of $.001 par value authorized, of which 2,850,000 shares are issued and outstanding, and 1,000 shares of Series B convertible preferred stock, of which none are issued and outstanding. After consummation of the transactions contemplated herein, the parties intend that ADT Shareholders will own 90.62% of the issued and outstanding shares of common stock of HRMX. (2.2) THE CAPITAL OF The Capital of ADT consists of HK$10,000 in registered capital, which for the purposes of this Agreement, is referred to as "“common stock" ” or "“capital stock"”.