Stock Information
Directors, Officers, Treasury, and Stockholders voting more than 5% of the fully diluted shares as of October 5, 2009;
Mike Skillern, Director, President 377,726 0 23.24%
14.75%
12.76%
Tom Neer,
Director 59,497
0 3.66%
Company Treasury
136,586
0
--
* QBIT Investment Fund
0
2,499,284,622
1.23%
All other shareholders represent less than 5% of the vote.
Quantum
Bit has issued all of its authorized 2,500,000,000 Common Capital
Shares (OTC:"QBII"), 649,433 are outstanding and ~179,307 are in the float. The Company is
authorized to issue 100,000,000
Class B Shares ("QBITB"). There are ~140 QBII stockholders plus ~299
known shareholders through brokerages. There are 1,469,080 Class B
Shares outstanding which are owned by ~116 stockholders. The
outstanding Class B Shares possess 98.77% of the total shareholder
vote. The outstanding Common Capital Shares
possess 1.23% of the total shareholder vote. This information is for
the close of business record date of October 5, 2009.
The votes per share is determined
by formula. Conversion between stock classes was indefinitely suspended by the Board of Directors on August 14, 2009.
* Shares owned by QBIT Investment Fund, LP. are counted as treasury shares under
Nevada Revised Statute 78.283.
Warrants
The Company has granted 771,805 warrants. Each warrant strikes for 80% of the prevailing ask price with a maximum strike price of $4.00. Each warrant produces 1 QBII share when exercised (struck). Each warrant is assessed a fee equal to each QBII cash distribution per share. The warrants cancel if the assessed fee is not paid timely. Purchase and ownership eligibility restrictions apply to warrant holders. There are currently 68,372 more warrants granted than QBII shares outstanding. Warrant strikes will be filled by the Fund. The Company plans to grant more warrants with similar or different terms. This information is for the close of business record date of October 10, 2009.