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Re: Stockseekr post# 103047

Tuesday, 10/02/2018 5:05:00 PM

Tuesday, October 02, 2018 5:05:00 PM

Post# of 192089
(1) The Reporting Person is the CEO of the Issuer. He elected to exercise three warrants, (previously granted to him in consideration for loans made by the CEO to the Issuer), for Restricted Shares of Common Stock of the Issuer.
(2) In addition, the CEO elected to convert $788,538 of the total sums he loaned to the Issuer, (which is the maximum amount permitted under the loan documents), into Restricted Shares of Common Stock of the Issuer, reducing the amount of debt on the Issuer's balance sheet.
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