Common use of The Capital of the Parties Clause in Contracts

The Capital of the Parties. (2.1) THE CAPITAL OF HEXC consists of 200,000,000 shares of common voting stock, $0.001 par value, authorized, of which 8,270,000 shares are issued and outstanding.

The Capital of the Parties. (2.1) THE CAPITAL OF HEXC consists of 200,000,000 shares of common voting stock, stock of $0.001 par value, value authorized, of which 8,270,000 8,116,000 shares are issued and outstanding. HEXC is in the process of effecting a 20:1 reverse stock split of its common shares, after which 405,800 shares will be issued and outstanding.