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Alias Born 05/30/2020

Re: None

Saturday, 05/30/2020 1:59:26 PM

Saturday, May 30, 2020 1:59:26 PM

Post# of 49959
It was fun while it lasted.

It's all about the note holders conversions.

The conversions and exercises have already caused considerable dilution of existing stockholders and holders who earlier converted their notes. The total number of shares of common stock outstanding has increased from 11,832,603 on December 31, 2019, to 306,416,819 on May 22, 2020.

The Company intends to seek shareholder approval to amend its Articles of Incorporation to increase the number of shares of common stock available for issuance and/or effect a reverse stock split to enable it to meet its obligations. The Company intends to file a preliminary proxy with the Securities and Exchange Commission in June 2020."
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