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ptolomeo

11/04/16 11:24 AM

#21646 RE: ptolomeo #21644

$0.40 per share in 36 months

www.prnewswire.co.il/news-releases/owc-pharmaceutical-research-corp-signs-investment-and-joint-venture-with-michepro-holdings-ltd-599813021.html


The Investor will be issued with 2,307,692 restricted shares of the Company's common stock (a price of $0.13 per share) with additional warrants to purchase 761,538 restricted shares at an exercise price of $0.25 per share for a period of 24 months, and additional warrants for 761,538 restricted shares at an exercise price of $0.40 per share for a period of 36 months