Information concerning the Company’s capitalization and securities is contained in the Company’s Annual Report on Form 10-K, filed with the SEC on January 13, 2016. As of June 14, 2016, there were 241,851,884 shares of Common Stock issued and outstanding. All outstanding shares of the Company’s capital stock have been, or upon issuance will be, validly issued, fully paid and non-assessable. To the Company’s knowledge, all securities of the Company have been issued in compliance with the Securities Act and applicable state and foreign securities laws.