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Re: Alexulf post# 234

Tuesday, 04/11/2023 7:01:40 AM

Tuesday, April 11, 2023 7:01:40 AM

Post# of 254
The Special Meeting Clarified Management Facts (Motivation).

Ownership of the company etc - The disinterested shareholders of the Company also approved (a) the right of Lind Global Fund II, LP (“Lind”) to exercise warrants and conversion rights under a convertible security funding agreement between Lind and the Corporation (the “CFSA”), notwithstanding that such exercise may result in Lind owning more than 19.9% of the outstanding shares of the Corporation, (b) the issuance of greater than 43,723,878 shares of the Company to Lind, pursuant to the terms of the CFSA and (c) the issuance of up to an aggregate of 8,000,000 common shares of the Company in settlement of debts of up to $2,348,333 owed to certain officers and directors of the Company.

Now we have yet another fund, with the largest share of the company ownership.

The big money (funds) has the lion's part of the company - safer for the retail investor.