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Re: None

Monday, 02/05/2018 4:26:40 PM

Monday, February 05, 2018 4:26:40 PM

Post# of 65771
Ok just got off the phone with the ceo to clarify the restriction on the recent issued notes.

The investors have a 6 month hold on the conversion. Once they convert they can sell the share immediately.

On the warrants. There is a 6 month hold before they can exercise then. Once they exercise they need to pay. $.80 on each share and they have an additional 6 month holding period before they can sell those share.

In short


Debentures have a 6 month lock ( from the conversation it sounded like they converted the debentures already)

Warrants have a year hold
6 months to convert then 6 months to sell