EX-10.7
from 8-K
3 pages
Whereas, Pursuant to the Purchase Agreement, the Company Will Sell to the Buyer for a Purchase Price of $100,000,000, (A) Such Aggregate Number of Shares of Series B Preferred Stock (The “Shares”), as Set Forth of the Signature Page of Such Buyer in the Purchase Agreement, and (B) Warrants to Purchase Up to 220,000,000 Shares of Common Stock at an Exercise Price of $0.50 Per Share (The “Warrants”) (The Shares of Common Stock Underlying the Warrants, Collectively, the “Warrant Shares”) (The Purchase of the Shares and the Warrants Are Referred to Herein as the “Transaction”);
12/34/56
