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Wednesday, April 23, 2014 6:24:55 PM
Pursuant to an order approving stipulation for settlement of claims between IV and the issuer, IV is entitled to receive that number of shares with an aggregate value equal to the claim amount plus a 7% third party agent fee and attorney fees, divided by 80% of the following: the closing price of the issuer’s common stock on the date of the order, not to exceed the arithmetic average of the volume weighted average prices of any five trading days during a period equal to that number of consecutive trading days following the date of initial receipt of shares required for the aggregate trading volume to exceed $50 million, less $0.002 per share, as reported by the Bloomberg Professional service of Bloomberg LP.
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