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      Common Stock&lt;/b&gt;&lt;/font&gt;

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      &lt;font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"&gt;The

      Company is authorized to issue up to 250,000,000 shares of

      common stock, par value $0.00001 per share. As of June 30,

      2013, the Company had 6,284,583 outstanding shares of common

      stock.&lt;/font&gt;

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      &lt;font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"&gt;Stockholders

      of record are entitled to one vote for each share of common

      stock held on all matters to be voted on. Stockholders are

      entitled to receive ratable dividends when, as and if

      declared, by the Company&amp;#8217;s Board of Directors out of

      funds legally available. In the event of a liquidation,

      dissolution, or winding up of the Company, stockholders are

      entitled to share ratably in all assets remaining available

      for distribution after payment of all liabilities of the

      Company, and after all provisions are made for each class of

      stock, if any, having preference over the common stock,

      Common stockholders have no preemptive or other subscription

      rights. There are no sinking fund provisions applicable to

      the Company&amp;#8217;s common stock.&lt;/font&gt;

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