On 14 June 2017 Neil Kleinman, our Chief Executive Officer and a member of our Board of Directors (“ Kleinman ”), purchased one million (1,000,000) shares of Series A Preferred Stock, par value $0.001 (the “ Purchased Shares ”) of Solaris Power Cells, Inc. (the “ Company ”) from Leonard Carpino, our former president and a former member of our Board of Directors (“ Caprino ”). Kleinman paid Caprino Six Thousand Dollars ($6,000) for the Purchased Shares in a private transaction. The Purchased Shares represented all of the Series A Preferred Stock owned by Caprino and issued by the Company, respectively. Kleinman used his own resources to fund the acquisition. There are no provisions known to us in the agreement between Kleinman and Caprino which could later result in a change in control of the Company. The foregoing descriptions of the agreement between Kleinman and Caprino do not purport to be complete.
TRANSLATION PLEASE!! SINCE YOUR SO GOOD AT READING!! APPARENTLY YOU UNDERSTAND IT DIFFERENTLY!!
