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Re: The Whale post# 6359

Monday, 10/23/2017 6:02:17 PM

Monday, October 23, 2017 6:02:17 PM

Post# of 17821
Did you see .25 WARRANTS to BUY issued???? Can be exercised immediately.... This is huge!

On October 17, 2017, we issued a Convertible Promissory Note, in the amount of $30,000, and a Warrant to purchase 1,200,000 shares of our common stock, to Fred Covely to satisfy obligations owed to Mr. Covely by the Company. The Convertible Promissory Note has a maturity date of October 17, 2018 and is convertible into shares of our common stock at a conversion price equal to fifty percent (50%) of the average of the closing trading price for our common stock during the three trading day period ending on the last trading day prior to the conversion date. The warrants have an exercise price of $0.25 per share, may be exercised immediately and expire on October 17, 2020.
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  • 6M
  • 1Y
  • 5Y
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