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Re: Mojocash post# 3553

Sunday, 02/05/2023 5:50:54 PM

Sunday, February 05, 2023 5:50:54 PM

Post# of 5843
They are part of the fully diluted capitalization which accounts for all the shares whereas market cap only accounts for the shares in the market.

As a result of the Merger, we issued to the shareholders of Renewable Innovations an aggregate of 2,155,684 shares of our Series A Convertible Preferred Stock, par value $0.0001 per share, each share of which is convertible into 100 shares of our Common Stock, which represents a 93% ownership interest based on our fully-diluted capitalization immediately following the Merger.