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Re: StockScout1 post# 281111

Monday, 05/30/2016 9:55:07 PM

Monday, May 30, 2016 9:55:07 PM

Post# of 347767
SS1, question on the Form 4. Why the remarks that mention converting Series B/C to commons on the Form 4? It's almost as if there was a conversion that bought the commons. I checked other companies form 4's and they do not have the same remarks language mention of the Series B/C's, so why are they included in this form 4? I don't see why the Series B/C's had to be mentioned at all, this was a common stock transaction.

https://www.sec.gov/Archives/edgar/data/1451514/000145151415000044/xslF345X03/wf-form4_144560696853816.xml

Remarks:
Purchased over multiple trading days, October 20 - 22, 2015, at various purchase prices with an average of $0.0675. Series B Preferred Stock converts to Common Stock at 5:1. Series C Preferred Stock converts to Common Stock at 10:1.

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