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Locksmith

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Locksmith

Re: None

Wednesday, 05/03/2017 9:56:26 PM

Wednesday, May 03, 2017 9:56:26 PM

Post# of 111920
Pref Conversion Info

15MM prefs authorized

Series A - 1 million pref shares to Dror with 10,000:1 voting rights, no conversion to common rights.

Series B - 10 million pref shares, 1800:1 conversion rate with a 12 month holding period. ~1 million of these were issued on 10/18/2016 as terms of the NewGen merger (see quarterly financial filing).

Info on the conversions can be found here A/S Reduction 04/27/17

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