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Re: None

Monday, 11/20/2017 7:21:18 PM

Monday, November 20, 2017 7:21:18 PM

Post# of 701970
Two info in a row in the recent 10Q:

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During October and November, the Company has been in discussions with unrelated investors for a Series A Preferred Stock financing, which the Company expects to close shortly.

Following the discussions with investors, on November 19, 2017 the Company’s Board approved a new plan for equity awards of fifteen percent of the authorized shares at present, to take account of employee and director performance over the last approximately 6 years and anticipated performance over the next approximately 2 years. The awards are subject to various vesting provisions, forfeiture and acceleration provisions tied to milestones over the next 2 years. The Company is now undertaking the steps for implementation.
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15% of authorized shares at present...
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