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. 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. 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. (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. All outstanding shares of Novotech 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. As of the date of this Agreement, the authorized capitalization of the Parent consists of 50,000,000,000 shares of common stock and 10,000,000,000 preferred shares, US$0.001 par value, of which, 21,176,289,678 shares of common stock are issued outstanding and no preferred shares are issued and 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. The capitalization of the Sub consists of 70,000,000 shares of common stock and 5,000,000 preferred shares, US$0.001 par value, where there are no common nor preferred shares issued or outstanding.
Capitalization and Outstanding Shares. Cannary is a private British Columbia company, owned by its shareholders. At the time of this Agreement, Cannary has authorized the following share capital: Class “A” Voting Common shares without par value (the “Class A Shares”); Class “B” Voting Common shares without par value (the “Class B Shares”); Class “C” Voting Common shares without par value; Class “D” Voting Common shares without par value; Class “E” Voting Common shares without par value; Class “F” Non-Voting Common shares without par value; Class “G” Non-Voting Common shares without par value; Class “H” Non-Voting Common shares without par value Class “I” Non-Voting Common shares without par value; Class “J” Non-Voting Common shares without par value; Class “K” Preferred shares with a par value of $100.00; and Class “L” Preferred shares without par value, of which Cannary has issued 56,750,000 Class A Shares and 9,142,066 Class B Common Shares (collectively, the “Cannary Shares”). Such shares owned by the shareholders are valid, fully paid and non-assessable. Cannary LA has 70,000,000 common shares and 5,000,000 preferred shares, par value $0.001, authorized and no shares are issued nor outstanding.
Capitalization and Outstanding Shares. Team Sports has 38,000,000 shares issued and outstanding held by one shareholder as August 31, 2011. Such share capital ownership is valid, fully paid and non-assessable. Team Sports is in the process of conducting a private offering to raise $200,000. When this private offering is completed, an additional 2,000,000 shares will be issued and outstanding.
Capitalization and Outstanding Shares. The authorized capitalization of Investments consists or will consist of ________ shares of stock, par value of $____ per share, of which Sweeney owns or will ______sharex, xxx which constitutes or shall constitute all of the outstanding and issued shares of Investments 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.
