At the assumed offering price of $0.0002 per share, we will be able to receive up to $36,800 in gross proceeds, assuming the sale of the entire 200,000,000 shares being registered hereunder pursuant to the Equity Purchase Agreement. We would be required to register 49,816,000,000 additional shares to obtain the balance of $10,000,000 under the Equity Purchase Agreement at the assumed offering price of $0.0002. Neither the Equity Purchase Agreement nor any rights or obligations of the parties under the Equity Purchase Agreement may be assigned by either party to any other person.
And when this drops back to triple zeros, and it will the dilution will be about 5 times faster and more destructive than the last round.