Sciwag,
I know you addressed your question to Geoff, but perhaps this helps.
Arizcan Properties holds 9,253,000 common shares held directly and beneficially (and 6,000,000 which are issuable upon the exercise of a warrant at $0.50 per share) and 7,770 common shares that are held by Stan Richards.
On 3/2/07 500,000 (not 5 million) newly-designated series A non-convertable prefered stock was issued to Arizcan in a private placement for $500,000 in cash. As a result of all the above holdings, Arizcan acquired approximately 51% of Vyta Corp's voting power.
The Company has a right, solely at the Company's discretion, to redeem the preferred shares in ten years at 130% of deemed par value.
-zties