Replies to post #63100 on VirExit Technologies Inc (VXIT)

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In December 2021, the Company issued 500,000 Series K preferred shares at a par value of $0.001 to L. Bruce Jolliff, CFO. The Series K
preferred shares are convertible to common shares at an initial conversion ratio of 500 common shares to 1 share of Series K preferred shares.
The conversion ratio is subject to adjustment. The Series K preferred shares are non-voting and have a liquidation preference of $01.