Also, How is .01 per share the average of the 3 lowest reported sale prices for the 10 Trading days immediately prior to March 31, 2016, it looks more like it would be .0001? -------------------------------- "Warrant Shares: 500,000,000 Initial Issue Date: May 15, 2016
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Pixel Holdings, Inc. , a Delaware corporation (“Holdings”), or its assigns (together with Holdings, the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the five (5) year anniversary of the Initial Exercise Date (as subject to adjustment hereunder, the “Termination Date”), to subscribe for and purchase from Solaris Power Cells, Inc. , a Nevada corporation (the “Company”), that number of shares of the Solaris Common Stock as shall be determined by dividing (a) $5,000,000, by (b) the “Exercise Price” (hereinafter defined, subject to adjustment as hereinafter provided (the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 1.2. "
"1.2 Exercise Price . The exercise price per share of Common Stock under this Warrant is $0.01 per share, which is the average of the 3 lowest reported sale prices for the Common Stock for the 10 Trading Days immediately prior to the March 31, 2016 initial Issue Date (the “Exercise Price”). The aggregate exercise price upon full exercise of this Warrant is $5,000,000. "
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