EX-99.1 2 v07362_ex99-1.txt Exhibit 99.1 OWNERSHIP TABLE ZVI KURTZMAN (the "Reporting Person") The Reporting Person has sole voting and dispositive power with respect to the shares described herein unless otherwise indicated. NUMBER OF SHARES BENEFICIALLY OWNED ------------------------------------------------------------------------------- Aggregate Number of Shares Aggregate Number Beneficially Owned of Shares as Converted to Beneficially Owned Common Stock ---------------------------------------- Series A Convertible Redeemable Preferred Stock 4,378 547,250 ------------------------------------------------------------------------------- Series B Cumulative Convertible Preferred Stock (1) 197,267 49,316,750 ------------------------------------------------------------------------------- Warrants and Options to Purchase Common Stock (1) (2) 24,864,436 24,864,436 ------------------------------------------------------------------------------- Common Stock 3,997,302 3,997,302 ------------------------------------------------------------------------------- TOTAL COMMON STOCK N/A 78,725,738 =============================================================================== Common Stock of Aura Systems, Inc. Outstanding as of September 14, 2004 (3) 452,865,398 ---------------------------------------------------------- Percentage of Shares of Common Stock Beneficially Owned on a Fully Converted Basis 14.92% ---------------------------------------------------------- Note 1 - Excludes convertible preferred stock and warrants covering an aggregate of 277,500 shares of common. These securities are potentially issuable pursuant to a real estate contract which has been signed but not closed. Note 2 - Excludes options and warrants to purchase 14,204,750 shares of common stock because of restrictions on exercise imposed by the Settlement Agreement. These securities may not be exercised until (i) registration of the common stock into which the Series B Preferred Stock may be converted has been declared effective by the SEC or (ii) Aura shareholders have authorized an increase in the number of its common shares sufficient in number to allow for such exercise. Note 3 - Includes 21,942,248 shares referenced as "committed" in the latest Aura financial statements which include the following: (i) 1,943,276 penalty shares in connection with the purchase of real estate, (ii) 8,151324 shares penalty shares to Aura Realty minority shareholders for failure to have an effective registration statement (iii) 5,639,600 shares issuable upon Aura's forced conversion of a convertible note and (iv) 6,208,048 shares issued upon settlement of litigation with the Aries Group.