Use of proceeds:
SCHEDULE 9(e) - USE OF PROCEEDS
Maximum
$ 1,000,000
Gross amount $ 1,000,000
less Placement Agent Fees $ 100,000
less non-accountable expense $ 30,000
less Subscriber's Legal Fees $ 10,000
less Ellenoff Legal Fees $ 10,000
less Weed Fees $ 10,000
Less exchange of 3 Alpha Bridge loan to
convertible notes $ 175,000
Net to Company $ 665,000
Apply to:
Inventory and product production $ 142,000
Payment of 2 Centaurian bridge loans $ 95,000
Marketing, sales, investor & publi8c relations $ 125,000
Employee compensation and benefits $ 144,000
Working capital and corporate overhead $ 159,000