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srm4u

05/06/21 3:14 PM

#17968 RE: TenKay #17966

there's an other problem with the wording .....it reads on July 26, 2021.....It should read January for the note matures on January 26, 2022....that being said the note holder can start converting near the end of this June.....

this note can't be binding till after the SEC gets the S-1 Registration Statement .....

The Registration Rights Agreement provides that the Company shall (i) use its best efforts to file with the Securities and Exchange Commission (the “Commission”) an S-1 Registration Statement within 90 days of the date of the Registration Rights Agreement to register the shares into which the Note is convertible; and (ii) have the Registration Statement declared effective by the Commission within 180 days after the date the Registration Statement is filed with the Commission.