Thursday, July 07, 2022 9:05:49 AM
Item 5.03 Amendments to Articles of Incorporation or Bylaws
On July 5, 2022, in connection with the Closing of Securities Purchase Agreement referenced in Item 1.01, the Company filed a Amended and Restated Certificate of Designation of Series C Convertible Preferred Stock (the “Certificate”) with the Delaware Secretary of State that has the effect of designating One Hundred and Fifty Thousand (150,000) shares of preferred stock, par value $0.001, as Series C Convertible Preferred Stock with conversion price of $0.25 per share.
This .25 cent a share is still 3.75$ below what is break-even since split...thanks Tom/wife!
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