Look at these sells by Axar Capital. Da fat lady is singing and anyone buying just can't hear her.
THEY SOLD THEIR SHARES AT .00005 - That's about as close to ZERO as they can.
(
1)
On December 23, 2016, (the "Transaction Date"), the Reporting Persons entered into and consummated a private sale of 2,023,000 shares for $100 to an
individual who is unaffiliated with the Reporting Persons.
(
2)
On the Transaction Date, the Reporting Persons entered into and consummated a private sale of 2,023,000 shares for $100 to an individual who is unaffiliated
with the Reporting Persons.
(
3)
On the Transaction Date, the Reporting Persons entered into and consummated a private sale of 2,023,000 shares for $100 to an individual who is unaffiliated
with the Reporting Persons.
(
4)
On the Transaction Date, the Reporting Persons entered into and consummated a private sale of 2,023,000 shares for $100 to an individual who is unaffiliated
with the Reporting Persons.
(
5)
On the Transaction Date, the Reporting Persons entered into and consummated a private sale of 2,023,000 shares for $100 to an individual who is unaffiliated
with the Reporting Persons.
(
6)
This Form 4 is filed by Axar Capital Management, LP (the "Investment Manager"), Axar GP LLC ("GP") and Mr. Andrew Axelrod, with respect to the shares
of Common Stock held by Axar Master Fund, Ltd. The Investment Manager serves as the investment manager of Axar Master Fund, Ltd. GP is the general
partner of Investment Manager. Mr. Andrew Axelrod serves as the managing member of the GP.