May 23, 2016. Of the total shares beneficially owned by the Reporting Persons:
(i)
Mr. Margolies beneficially owns 160,303,513 shares of Common Stock (consisting of 10,951,132 shares owned by him; 39,741 shares owned by an entity of which Mr. Margolies is managing member; 10,000 shares owned by a trust of which Mr. Margolies is trustee; 61,512,500 shares issuable upon conversion of 3,700 Series A Preferred Shares owned by PSMH-1 and 35,567 shares owned by PSMH-1; 79,799,400 shares issuable upon conversion of 1,800 Series C Preferred Shares held by PSMH-2 and 5,479 shares owned by PSMH-2, and 7,949,694 (giving effect to the 4.99% limitation upon conversion) shares issuable upon conversion of an aggregate of 1,335 Series E Preferred Shares held by PSMH-3 and PSMH-4, respectively), which constitutes approximately 82.14% of the outstanding shares of each class.
(ii)
PSMH-1 beneficially owns 61,548,067 shares of Common Stock (consisting of 61,512,500 shares issuable upon conversion of 3,700 Series A Preferred shares owned by it and 35,567 shares), which constitutes approximately 58.27% of the outstanding shares;
(iii)
PSMH-2 beneficially owns 79,804,879 shares of Common Stock (consisting of 79,799,400 shares issuable upon conversion of 1,800 Series C Shares owned by it and 5,479 shares), which constitutes approximately 64.41% of the outstanding shares; and
Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose!
