The seller of the building (effectively John Park) does not get paid for the sale unless the price of $SPZI reaches $0.20/share.
John Park is telling the market: I am building a billion dollar business. Ultra clear:
“JP3E acquired 510 Hamilton for $24,000,000 with a $150,000 closing fee – $14,000,000 in the form of 70,000,000 warrants exercisable at $.20 per share, and $10,000,000 in the form of 20,000,000 Series C Preferred Stock at $0.50 per share, convertible into common stock on a one for one basis – 20,000,000 shares of common stock.”
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