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inzane

10/29/19 10:16 AM

#739 RE: willlbone #738

"The Company expects to receive aggregate gross proceeds of approximately $3.5 million from the exercise of the Warrants by the exercising holders. In addition, the exercise will result in the reduction of warrants to purchase Common Stock of the Company by approximately 70% and is not dilutive to existing security holders of the Company calculated on a fully diluted basis for outstanding warrants."