Effect of the Transaction. Following the Effective Date and all of the transactions described herein, the M3 Stockholders will own 11,934,007shares of the EGPI Common Stock, which will represent approximately 50 percent of the issued and outstanding shares of the EGPI Common Stock. Following the Effective Date and all of the transactions described herein, EGPI shall have 23,868,015 shares of the EGPI Common Stock issued and outstanding, owned as follows: (a) 9,547,206 shares owned by the EGPI Stockholders; (b) 11,934,007 shares owned by the M3 Stockholders; and (c) 2,386,802 shares owned by Strategic Partners. In addition, the M3 Stockholders will own 5,000 shares of the EGPI Preferred Stock.
Appears in 4 contracts
Samples: Administrative Services Agreement (Egpi Firecreek, Inc.), Administrative Services Agreement (Strategic Partners Consulting LLC), Administrative Services Agreement (Redquartz Atlanta LLC)
