Common use of Capitalization and Additional Issuances Clause in Contracts

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 shares of common stock, par value $0.001 and 50,000 shares of preferred stock, par value $0.001 of which 11,472,302 shares of common stock and zero (0) shares of preferred stock were issued and outstanding as of January 16, 2018.

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 500,000,000 shares of common stock, par value $0.001 0.00001 and 50,000 10,000,000 shares of preferred stock, par value $0.001 0.0001. As of which 11,472,302 the date of the Memorandum there were 74,765,168 shares of common stock and zero (0) shares of preferred stock were issued and outstanding. Additionally, there are warrants to purchase up to 2,228,908 shares of common stock outstanding as and 235,000 shares reserved for issuance upon exercise of January 16, 2018outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 500,000,000 shares of common stock, par value $0.001 0.00001 and 50,000 10,000,000 shares of preferred stock, par value $0.001 0.0001. As of which 11,472,302 the date of the Memorandum there were 66,575,122 shares of common stock and zero (0) shares of preferred stock were issued and outstanding. Additionally, there are warrants to purchase up to 8,200,000 shares of common stock outstanding as 185,000 shares reserved for issuance upon exercise of January 16, 2018outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 shares of common stock, having a par value of $0.001 and 50,000 shares of preferred stock, par value $0.001 0.00001 per share of which 11,472,302 [] shares of common stock and zero (0) shares of preferred stock were are issued and outstanding as of January 16[], 2018.and 1,000,000 shares of preferred stock having a par value of $0.25 per share, none of which are issued and outstanding. All issued and outstanding shares of capital stock and other equity interests in the Company have been duly authorized and validly issued and are fully paid and non-assessable..

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 300,000,000 shares of common stock, par value $0.001 and 50,000 1,000,000 shares of preferred stock, par value $0.001 0.10. As of which 11,472,302 the date of July 12, 2018 there were 36,292,656 shares of our common stock issued and outstanding and no shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 2,816,850 shares of common stock outstanding and zero (0) 1,271,334 shares issuable upon exercise of preferred outstanding stock were issued and outstanding as of January 16, 2018options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 300,000,000 shares of common stock, par value $0.001 and 50,000 1,000,000 shares of preferred stock, par value $0.001 0.10. As of which 11,472,302 the date of the Memorandum there were 34,031,915 shares of common stock and zero (0) shares of preferred stock were issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 shares of common stock outstanding as and 625,001 shares reserved for issuance upon exercise of January 16, 2018outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 200,000,000 shares of common stock comprised of 150,000,000 300,000,000 shares of common stock, par value $0.001 0.00001 and 50,000 1,000,000 shares of preferred stock, par value $0.001 0.10. As of which 11,472,302 the date of July 12, 2018 there were 36,292,656 shares of our common stock issued and outstanding and no shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 2,816,850 shares of common stock outstanding and zero (0) 1,271,334 shares issuable upon exercise of preferred outstanding stock were issued and outstanding as of January 16, 2018options.