The Buyer currently has an authorized capitalization of 45,000,000 shares of common stock, $0.001 par value and 5,000,000 shares of preferred stock, par value $0.001 per share. The Buyer currently has   18,217,865 shares of common stock issued and outstanding and 732,018 shares of preferred stock issued and outstanding. The Company's Preferred Stock has no liquidation preference and votes with Common Stock one vote per share.