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Friday, 01/20/2017 5:47:13 PM

Friday, January 20, 2017 5:47:13 PM

Post# of 58072

NEW 6-K OUT, JUST AS I SAID...

$20MM worth 'new' Stock SOLD to Kalani at $1.39/Share
$24.4MM worth 'new' Stock SOD to Kalani at $1.01/Share.



FRom g-K Filed today evening:

"As mutually agreed to by the Company and the Investor, the Company sold 38,600,767 Shares to the Investor, pursuant to a Fixed Request Notice with a Fixed Request Amount Requested of $20.0 million and an Optional Amount of $24.4 million following a Pricing Period from January 17, 2017 to January 20, 2017. The Fixed Request Amount was $20.0 million, subject to a price per share of $1.39 mutually agreed to by the parties, and the Optional Amount Exercise Amount was $24.4 million, subject to a price per share of $1.01 mutually agreed to by the parties , for an aggregate gross purchase price of $44.4 million, resulting in estimated net proceeds of $44.0 million,"


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