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Re: 1~Eye~Jack!! post# 26251

Thursday, 12/17/2015 11:35:10 AM

Thursday, December 17, 2015 11:35:10 AM

Post# of 156701
~ TTCM = Float could be OVER 1,500,000,000BILLION..once..Finished! frown

Ouch,, and According to the Lowest PPS TODAY = BlackBridge gets this Shares 15% LOWER then .0245!! frown
...so farRr & might get Worse!! frown


http://ih.advfn.com/p.php?pid=nmona&article=69638203

The Facility will be subject to the Registrant registering the issuance of the Shares under the Securities Act of 1933, as amended, through an effective registration statement on Form S-1 or on such other form as may be available to the Registrant (the "Registration Statement"). The Facility is also subject to the execution of definitive documentation establishing the Facility and its review by legal counsel to the parties.

Under the terms of the Facility, the Registrant may, in its sole discretion, periodically draw upon the Facility during the Term (a "Draw Down"), by delivering written notice (a "Draw Down Notice") to Blackbridge requiring Blackbridge to purchase a dollar amount of Shares (a "Draw Down Amount").

On the date that each Draw Down Notice is delivered to Blackbridge, the Registrant will also deliver an estimated amount of Shares to Blackbridge equal to the Draw Down Amount divided by 85% of the lowest trading price of the Registrant's common stock during the five days prior to delivery of the Draw Down Notice ("Estimated Shares").

The purchase price for each of the Shares purchased under the Facility (the "Purchase Price") will be equal to 85% of the lowest trading price of the Registrant's common stock during a period of ten trading days following the date on which the Estimated Shares are delivered to Blackbridge's brokerage account and cleared for trading (the "Valuation Period").

At the end of the Valuation Period, if the number of Estimated Shares delivered to Blackbridge is greater than the Shares issuable pursuant to a Draw Down, then Blackbridge will be required to return to the Registrant the difference between the Estimated Shares and the actual number of Shares issuable pursuant to the Draw Down. If the number of Estimated Shares is less than the number of Shares issuable under the Draw Down, then the Registrant will issue additional Shares to Blackbridge equal to the difference.

The Registrant may deliver each Draw Down Notice at least one day after the end of the Valuation Period for a preceding Draw Down. The first Draw Down may be delivered ten trading days after the Registration Statement becomes effective.

The maximum Draw Down Amount will be equal to the lesser of $1,000,000, or 200% of the average daily trading volume of the Registrant's common stock for the ten trading days immediately prior to the date of the Draw Down Notice, though the Registrant may request an increase in the maximum Draw Down amount. At no time during the Term will Blackbridge hold more than 4.99% of the Registrant's issued and outstanding common stock.

The Registrant will be prohibited from entering into a similar financing arrangement with any other individual or entity during the Term.

...AND @ No time will BlackBridge Hold these Shares! = Because the PPS will go to .00's! frown

Maybe even .000's!! frown

..so..sad! frown
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