Monday, January 08, 2018 1:02:31 PM
https://ir.thecoretecgroup.com/all-sec-filings#document-22049-0001144204-17-062387
THIS CERTIFIES THAT, for value received, W. James Tozer, Jr., or his assignee, if any, (collectively, the "Holder") is entitled to purchase from The Coretec Group, Inc., an Oklahoma corporation (the "Company"), Two Million Six Hundred Thousand Six Hundred Sixty Severn (2,666,667) shares of the fully paid and nonassessable, restricted Rule 144 common stock (as adjusted from time to time pursuant to the provisions of this Option) (the "Shares") of the Company on the following terms and conditions and for the price set forth in this Option during the period commencing on the "Date of Grant", as shown above, and continuing for the Option Period, as defined herein.
The stock purchase right represented by this Option may be exercised by Holder from time to time, in part or in whole, and only during the period between the Date of Grant of this Option and November 15, 2018 (the "Option Period"). The price to be paid for the Shares to be purchased under this Option shall be $0.0375 per share (the "Option Exercise Price").
This Option shall be exercised by delivery to the Company of (a) written notice of exercise stating the number of Shares being purchased (in whole shares only) and such other information as is set forth on the form of the "Notice of Exercise" attached hereto as Exhibit A, (b) a check or cash in the amount of the Option Exercise Price of the Shares covered by the notice, and (c) the written investment representation as provided for herein.
On November 15, 2017, the Reporting Person purchased 20,000,000 shares of common stock of the Issuer at a purchase price of $750,000 using his personal funds, including a loan of $100,000 he received from a third party investor.
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