1 unchanged sentence
We issued securities, which were not registered under the Securities Act of 1933, as amended, as follows:
−Removed: During the quarter ended December 31, 2009, we issued 500,000 shares of restricted common stock to certain consultants, as part of their compensation for services rendered or settlement for payments owed.
−Removed: Additionally, 1,250,000 shares previously issued to certain employees vested on October 6, 2009.
+Added: During the quarter ended March 31, 2010, we issued 16,000,000 shares of restricted common stock to certain consultants, as part of their compensation for services rendered and/or settlement for payments owed.
+Added: Additionally, 500,000 shares previously issued to certain employees vested on January 29, 2010, the vesting of 2,000,000 shares previously
+Added: issued were accelerated and 4,200,000 new shares were issued as part of officer and/or director separations.
+Added: Also, 2,454,545 warrants were cashlessly exercised into 1,963,636 shares and 571,429 shares were issued pursuant to a partial conversion of a convertible promissory note.
With respect to these transactions, we relied on Section 4(2) of the Securities Act of 1933, as amended.
The investors are all accredited investors or certain persons outside the United States, and were given complete information concerning us and represented that the shares were being acquired for investment purposes.
−Removed: The issuance was made
−Removed: without general solicitation or advertising.
+Added: The issuance was
+Added: made without general solicitation or advertising.
The appropriate restrictive legend was placed on the certificate and stop transfer instructions were issued to the transfer agent.
1 unchanged sentence
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
−Removed: We held our Annual Meeting of Stockholders on December 2, 2009, for the purpose of (1) electing six directors, (2) ratifying the appointment of L.L.
−Removed: Bradford & Company as the Company's independent accountants for the fiscal year ending June 30, 2010, (3) approving an amendment to our Articles of Incorporation to increase the number of
−Removed: authorized shares of common stock from 100,000,000 to 200,000,000, and (4) approving our 2009 Restricted Stock Plan.
−Removed: The following summarizes the voting results:
−Removed: Stockholders elected Anthony N.
−Removed: LaPine, Vincent Browne, Bill Burbank, Stephen Keaveney, Robert Lanz and Michael Butler each until the next Annual Meeting of Stockholders or until their successors have been duly elected and qualified.
−Removed: The vote for each director was as follows:
−Removed: % of Shares Voted For
−Removed: Votes Withheld
−Removed: % of Votes Withheld
−Removed: Vincent Browne
−Removed: Stephen Keaveney
−Removed: Michael Butler
−Removed: The appointment of L.L.
−Removed: Bradford & Company as the Company's independent accountants for the fiscal year ending June 30, 2010 was approved.
−Removed: The vote was as follows:
−Removed: % of Shares Voted For
−Removed: Votes Against
−Removed: Votes Abstained
−Removed: Broker Non-Votes
−Removed: An amendment to our Articles of Incorporation to increase the Company’s total authorized shares of common stock from 100,000,000 to 200,000,000 was approved.
−Removed: The vote was as follows:
−Removed: % of Shares Voted For
−Removed: Votes Against
−Removed: Votes Abstained
−Removed: Broker Non-Votes
−Removed: Stockholders voted to approve our 2009 Restricted Stock Plan.
−Removed: The vote was as follows:
−Removed: % of Shares Voted For
−Removed: Votes Against
−Removed: Votes Abstained
−Removed: Broker Non-Votes
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.