RE: Outstanding Shares/upchuck329
posted on
Mar 08, 2006 06:05PM
As of Dec 31, 2005 they had the following:
a) The authorized capital stock of the Company consists of: (i) 300,000,000 shares of Common Stock (``Common Stock``), and (ii) 5,000,000 shares of Preferred Stock. As of December 31, 2005, the total number of shares of Common Stock outstanding (fully-diluted) is 205,351,842, consisting of 175,260,876 shares of Common Stock issued and outstanding, 7,906,491 shares of Common Stock issuable upon conversion of outstanding shares of Series D Preferred Stock, 2,485,573 shares of Common Stock issuable upon conversion of outstanding shares of Series EE Preferred Stock, 7,894,736 shares of Common Stock issuable upon conversion of outstanding 12% Convertible Subordinated Promissory Notes, 6,182,500 shares of Common Stock issuable upon the exercise of warrants and 5,621,666 shares of Common Stock issuable upon the exercise of options (December 31, 2005 options outstanding less cancellations). ..........205,351,842 fully diluted.
This is from the 8K, dated Feb 27, 2006
The only major addition year calendar year was the sale for 1.5 million as follows:
(SAN DIEGO, CA, February 27, 2006) – e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary flash memory management and secure digital video technology, today announced it received $1.5 million through the sale of restricted common shares and warrants to 27 accredited investors; two of the accredited investors are officers of the company.
This amounts to the 18,750,000 plus 9,375,000 which would be added to the 205+ million. The grand total equals approx 233 million.
I don`t know what notes you are talking about and if they are from years past they are included in the 205 million number which is based on the amount as of Dec 31, 2005.