Fully Diluted Outstanding Shares

Fully Diluted Outstanding Shares. As of any date means the number of shares of Common Stock outstanding on such date on a fully diluted basis (including, without limitation, shares of restricted stock (whether or not vested) and, in accordance with the treasury method, shares subject to outstanding stock options, whether or not "in the money"), excluding shares issued or issuable upon exchange of Series A Preferred Stock or upon exercise of Warrants.