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Re: None

Friday, 02/05/2016 8:49:34 AM

Friday, February 05, 2016 8:49:34 AM

Post# of 116985
(c) If the Reverse Stock Split has not occurred by July 14, 2014, the consent of (i) the holders of at least a majority of the shares of Series B Preferred Stock at the time outstanding and (ii) Iroquois Capital Management LLC, which consent will not be unreasonably withheld, given in accordance with the Certificate and Bylaws of the Corporation, as amended, shall be necessary for the issuance of any securities of the Corporation, excluding warrants and options to purchase shares of authorized but unissued shares of Series B Preferred Stock or common stock.

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