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loanranger

09/29/18 3:16 PM

#243222 RE: DaubersUP #243214

"So when someone suggested that Friday after hours would be a good time to announce....it would not.....because this Monday would still count for share price to hit .50"
I'm afraid that that's a misreading of the agreement. The "on or before the second Business Day" stuff refers to the date of the share sale, not the $.50 requirement:

"Provided that on or before September 30, 2018, the Company announces the Break-through Designation, and provided that the closing price of the Common Stock on such Date of Announcement was equal to or greater than $0.50, then, on or before the second Business Day after the Company announces the Break-through Designation, the Company shall sell to the Buyer, and the Buyer shall purchase from the Company, the Second Purchase Shares and the Buyer shall pay to the Company as the purchase price therefor, via wire transfer, One Million Dollars ($1,000,000) (the “Second Purchase Shares Purchase Price”)."