EX-99.1 2 rrd83573_94039.htm EXHIBIT 99.1 rrd83573_94039.html
EXHIBIT 99.1

After the cash-out transaction described in note (8), Redwood West Coast, LLC is the beneficial owner of 12,214,000 shares of
Common Stock of Synbiotics Corporation and 1,231 shares of Series C Convertible Preferred Stock of Synbiotics Corporation.
Mr. Ruyan is a 56.0053% owner of Redwood West Coast, LLC - owning 54.0071% individually and 1.9982% through Redwood
Holdings, LLC (Mr. Ruyan is a 49.8% owner Redwood Holdings, LLC).  In addition, Mr. Ruyan serves on the Management
Committee of Redwood West Coast, LLC, which has sole voting and dispositive power with respect to the shares.  The shares
are convertible at any time into such number of shares of Common Stock by dividing each share of Series C Convertible
Preferred Stock, valued at $1,000, by the conversion price - initially set at $0.12846.  Mr. Ruyan disclaims beneficial ownership
of the shares reflected above, except to the extent of his direct and indirect pecuniary interest in Redwood West Coast, LLC.