The Company has certificates of designation of eleven separate series as summarized below as of December 31, 2013 (in thousands).
| Number of Shares Issued and Outstanding | ||||||||||||||||
| December 31, 2013 | December 31, 2012 | Par Value | Conversion Ratio | |||||||||||||
| Series "A" | - | - | $ | 0.0001 | N/A | |||||||||||
| Series "B" | 1 | 1 | 0.0001 | 1:1 | ||||||||||||
| Series "C" | 1 | - | 0.0001 | 1:1 | ||||||||||||
| Series “D" | 1,227,582 | - | 0.0001 | 10:1 | ||||||||||||
| Series “D-1" | 59,265 | - | 0.0001 | 10:1 | ||||||||||||
| Series “E” | - | - | 0.0001 | 1:1 | ||||||||||||
| Series “F" | - | - | 0.0001 | 1:1 | ||||||||||||
| Series “F-1" | 156,250 | - | 0.0001 | 1:1 | ||||||||||||
| Series “H" | 459,043 | - | 0.0001 | 10:1 | ||||||||||||
| Series “I” | 119,760 | - | 0.0001 | 20:1 | ||||||||||||