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Re: None

Sunday, 11/29/2015 11:37:01 PM

Sunday, November 29, 2015 11:37:01 PM

Post# of 13669
"In September 2015,the Company entered into securities purchase agreements with three accredited investors, pursuant to which the Company sold the investors 10% convertible notes in the aggregate original principal amount of $440,000, with an aggregate original issue discount of $40,000, and warrants to purchase up to an aggregate of 1,750,000 shares of the Company's common stock, subject to adjustment , for aggregate cash proceeds equal to $400,000."

For the warrants: 400,000/1,750,000 = .2285/share

The run to .25/share was in August:

"In July 2015, the Company entered into securities purchase agreements with two accredited investors, pursuant to which the Company sold the investors... and warrants to purchase up to an aggregate of 1,250,000 shares of the Company's common stock, subject to adjustment, for aggregate cash proceeds of $250,000."

250,000/1,250,000 = .2/share

Another run >.2/share?
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