Stock bonus
On February 13, 2018, the Issuer's board of directors approved the issuance of 1,000,000 shares of common stock to the Reporting Person as an incentive stock bonus, as provided in the Reporting Person's employment agreement with the Issuer dated September 6, 2017, related to services rendered from September 6, 2017 through December 31, 2017. The shares were valued at $0.24 per share based on a closing price of Issuer's common stock of $0.24 on December 30, 2017.
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