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Re: None

Friday, 09/12/2014 10:03:08 AM

Friday, September 12, 2014 10:03:08 AM

Post# of 163725
Hmm...


The Series F Convertible Preferred Stock is convertible into common stock on a 500 to one basis for no additional consideration beginning 540 days after its issuance date. The Series F Convertible Preferred Stock does not have voting or anti-dilution rights. Upon the occurrence of a Liquidation Event (as defined in the Certificate of Designation), the holders of Series F Convertible Preferred Stock are entitled to receive $0.005 for each share of Series F Convertible Preferred Stock held. This restricted class of stock has been reserved for issuance only to the founders of MotoPed.