Capital Structure
| Nacel Energy Capital Structure | |
| State of Incorporation | Wyoming |
| Date of Incorporation | Feb, 2006 |
| Maximum Number of Shares Authorized | 50,000,000 |
| Total Number of Shares Currently Issued (fully diluted) | 21,400,000 |
| Total Number of Shares Held by Management (restricted) | 11,000,000 |
| Shares Publicly Traded | 10,400,000 |
