The
selling shareholders named in this prospectus are offering all of the 900,000
shares of common stock offered through this prospectus. All of the shares
were
acquired from us by the selling shareholders in an offering that was exempt
from
registration pursuant to Regulation S of the Securities Act of 1933 and
completed on May 31, 2006.
The
following table provides information regarding the beneficial ownership of
our
common stock held by each of the selling shareholders as of August 31, 2006
including:
1.
the
number of shares owned by each prior to this offering;
2.
the
total number of shares that are to be offered by each;
3.
the
total number of shares that will be owned by each upon completion of the
offering;
4.
the
percentage owned by each upon completion of the offering; and
5.
the
identity of the beneficial holder of any entity that owns the
shares.
The
named
party beneficially owns and has sole voting and investment power over all
shares
or rights to the shares, unless otherwise shown in the table. The numbers
in
this table assume that none of the selling shareholders sells shares of common
stock not being offered in this prospectus
or
purchases additional shares of common stock, and assumes that all shares
offered
are sold. The percentages are based on 2,150,000 shares of common stock
outstanding on August 31, 2006.
Name
of Selling Shareholder
Shares
Owned
Prior
to this
Offering
Total
Number
of
Shares
to be
Offered
for
Selling
Shareholder
Account
Total
Shares
to
be
Owned
Upon
Completion
of
this
Offering
Percent
Owned
Upon Completion
of
this
Offering
Belen
D. Leyesa
32
Sto Nino Village, Bolbok Batangas City Philippines
30,000
30,000
0
0
Carlo
L Gutierrez
Aboboto
Street Calapan, Oriental Mindoro Philippines
30,000
30,000
0
0
Catherine
Dionisio
1578
Mayhaligue Street Sta Cruz Manila Philippines
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