Derivative Liabilities
As of March 31, 2014, we have determined that we currently have (i) the following shares of common stock issued, and (ii) outstanding instruments which are convertible into the shares of common stock indicated below in connection with warrants, convertible notes and preferred shares previously issued by the Company or agreements with the Company:
168,824,706 Common Stock Issued and Outstanding
856,667 Common Shares exercised from warrants (856,667 warrants outstanding)
250,000,000 Common Shares convertible from convertible notes ($125,000 converted at $0.0005 per share )
62,702,463 Common Shares convertible from Preferred Series A (25,080,985 shares outstanding)
1,333,333 Common Shares convertible from Preferred Series A warrants (533,333 warrants outstanding)
=
483,717,169 Total Common Shares Outstanding and Accounted For/Reserved
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