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Re: phrocks post# 1161

Saturday, 12/30/2017 6:28:09 AM

Saturday, December 30, 2017 6:28:09 AM

Post# of 2645
One of the early private placements was 800,000 units at ,25 that included one share with a sixty cent warrant.

Apparently, those warrants needed to be exercised (perhaps by 12/31/2017?) and were.

Here's the 8-K filing from February 21, 2017:

"Item 3.02 Unregistered Sales of Equity Securities.

On February 16, 2017, we sold an aggregate of 800,000 units (each, a “Unit”) at a price of US$0.25 per Unit for gross proceeds of US$200,000. Each Unit is comprised of one share of common stock of our company (each, a “Share”) and one non-transferable share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional Share (each, a “Warrant Share”) at a price of US$0.60 per Warrant Share until February 16, 2019.  We issued the Shares to one U.S. person in reliance upon Rule 506 of Regulation D of the Securities Act of 1933 , as amended.,





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