Pubco represents and warrants the following:
a. Other than for the undesignated authorized shares of Preferred Stock as stated in Pubco’s financial filings, Pubco has no other authorized or issued classes or series of shares other than the following:
i. Common Stock, of which 899,530,798 shares were issued and outstanding as at February 20, 2018, the date of Pubco’s latest financial filing with the SEC;
ii. Series A Preferred Stock bearing the preferences as set forth in Exhibit A attached hereto (“Series A”), of which a total of 20,000 shares including the Payment Shares to be issued herein, shall be issued and outstanding within 5 business days of Closing,
iii. Series B Preferred Stock bearing the preferences as set forth in Exhibit B attached hereto (“Series B”), of which a total of 20,000 shares including the Payment Shares to be issued herein, shall be issued and outstanding within 5 business days of Closing.
iv. Series C Preferred Stock bearing the preferences as set forth in Exhibit C attached hereto (“Series C”), of which a total of 500 shares including the Payment Shares to be issued herein, shall be issued and outstanding within 5 business days of Closing.
