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Wednesday, 10/13/2021 3:45:30 AM

Wednesday, October 13, 2021 3:45:30 AM

Post# of 194417
Exchange of Series A Preferred Stock

We have negotiated an exchange agreement with the Yelena Braslavskaya 2020 Gift Trust, the holder of all of our outstanding shares of Series A Preferred Stock, to exchange all of the shares of Series A Preferred Stock into shares of our common stock. We expect to enter into an exchange agreement and complete the exchange simultaneously with the closing of this offering.

Page 6 S-1

https://www.otcmarkets.com/filing/html?id=15275779&guid=NYrwkpJOCvFFS8h#EA146334-S1_PROGRESSIVE_HTM_V1_001

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