Exhibit 99.10
Potential Dilution Chart
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Name of Security Amount Term Conversion or Registration Resulting Number of % of Total Current
Exercise Price Status of of Common Outstanding on a
Underlying Fully-Diluted
Common Stock Basis Assuming
Full Conversion
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Series A Preferred 1,141 mandatory 1141 divided by $6.11 Unregistered 18,674 Less than 1%
- - March conversion on times 100 (until March
February 28, 2005 25, 2001)
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Warrant 1 expires March 9, $3.09 per share common Unregistered 40,000 Less than 1%
2002 stock
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Series A Preferred 13,116 mandatory 13,116 divided by $.7078 Unregistered 1,810,681, assuming 2.5%
- - April 23, 1999 conversion on times 100 (until April conversion at 141.283
February 28, 2005 23, 2000) (plus Venbanc)
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Warrant 1 expires July 2, $ 1.25 to be registered, 50,000 Less than 1%
2004 included in
registration
statement filed
with SEC in
October, 1999
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Warrant 1 expires $ 1.19 to be registered, 20,000 Less than 1%
September 24, included in
2004 registration
statement filed
with SEC in
October, 1999
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Series A Preferred 4,370 mandatory 4370 divided by $.8969 unregistered 487,233 Less than 1%
- - December 3, 1999 conversion on times 100 (until
February 28, 2005 December 3, 2000)
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27
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Series A Preferred - 10,000 mandatory 10,000 divided by $.9430 unregistered 1,060,445 1.48%
December 8, 1999 conversion on times 100 (until
February 28, 2005 December 8, 2000)
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Warrant 1 exercisable $.9430 unregistered 106,045 Less than 1%
after December
8, 2000; expires
December 8, 2004
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Series A Preferred - 10,000 mandatory 10,000 divided by to be registered, 506,329 Less than 1%
February 4, 2000 conversion on $1.975 times 100 (until initial filing
February 28, 2005 February 2, 2001) April 30, 2000
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Series D Preferred 3,000 mandatory lesser of $5.4375 or 83% to be registered, 551,724 assuming Less than 1%
conversion on of the average of the 5 included in conversion price
February 22, 2002 lowest closing bid amendment to of $5.4375
prices of the common registration
stock during the 10 statement filed
trading days preceding with SEC in
conversion, times 1000 October, 1999
per share
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Warrants 2 expires February $ 4.37 to be registered 150,000 Less than 1%
22, 2004
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Series D Redemption 1 expires five $ 4.37 to be registered 150,000 Less than 1%
Warrant years from date
(may be issued if ATSI of issuance
redeems)
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Common stock 19,693 n/a n/a to be registered 19,693 Less than 1%
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Warrants 2 Expire March 31, $ 7.17 Piggyback 175,000 Less than 1%
2003 registration
rights
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Vested options under earlier of 10 n/a registered 283,500 Less than 1%
stock option plans years from date
of grant or four
months
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28
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from
termination of
employment
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Unvested options under same as vested n/a registered 1,336,881 1.87%
stock option plans
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TOTAL NEW SHARES OF 6,766,205 9.47%
COMMON STOCK
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29