Series C Preferred Stock 5,775,960 outstanding
Each holder of shares of Series C Preferred Stock may, at any time and from time to time, convert (an “Optional Conversion”) each of its
shares of Series C Preferred Stock into a 25,000 of fully paid and non-assessable shares of Common Stock; provided, however, that any
Optional Conversion must involve the issuance of at least 25,000 shares of Common Stock
5,775,960 X 25,000 = 144,399,000,000
Yes 144 billion shares!