Common use of Capitalization and Additional Issuances Clause in Contracts

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

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 500,000,000 shares of common stock, par value $0.001 0.00001 and 1,000,000 10,000,000 shares of preferred stock, par value $0.100.0001. As of the date of the Memorandum there were 34,031,915 74,765,168 shares of common stock and zero (0) shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 2,228,908 shares of common stock outstanding and 625,001 235,000 shares reserved for issuance upon exercise of outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 200,000,000 shares of common stock comprised of 150,000,000 shares of common stock, par value $0.001 and 1,000,000 50,000 shares of preferred stock, par value $0.10. As 0.001 of the date of the Memorandum there were 34,031,915 which 12,781,195 shares of common stock and zero (0) shares of preferred stock were issued and outstandingoutstanding as of June 5, 2018. Additionally, there are warrants to purchase up to 3,815,000 shares of common stock outstanding and 625,001 shares reserved for issuance upon exercise of outstanding stock options.ARTL SUBSCRIPTION AGREEMENT

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 shares of common stock, par value $0.001 0.00001 and 1,000,000 shares of preferred stock, par value $0.10. As of the date of the Memorandum July 12, 2018 there were 34,031,915 36,292,656 shares of our common stock issued and zero (0) outstanding and no shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 2,816,850 shares of common stock outstanding and 625,001 1,271,334 shares reserved for issuance issuable upon exercise of outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 500,000,000 shares of common stock, par value $0.001 0.00001 and 1,000,000 10,000,000 shares of preferred stock, par value $0.100.0001. As of the date of the Memorandum there were 34,031,915 66,575,122 shares of common stock and zero (0) shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 8,200,000 shares of common stock outstanding and 625,001 185,000 shares reserved for issuance upon exercise of outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 shares of common stock, par value $0.001 and 1,000,000 shares of preferred stock, par value $0.10. As of the date of the Memorandum July 12, 2018 there were 34,031,915 36,292,656 shares of our common stock issued and zero (0) outstanding and no shares of preferred stock issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 2,816,850 shares of common stock outstanding and 625,001 1,271,334 shares reserved for issuance issuable upon exercise of outstanding stock options.

Capitalization and Additional Issuances. The Company is authorized to issue up to 300,000,000 200,000,000 shares of common stock, stock having a par value of $0.001 0.00001 per share of which [] shares are issued and outstanding as of [], and 1,000,000 shares of preferred stock, stock having a par value of $0.10. As 0.25 per share, none of the date of the Memorandum there were 34,031,915 shares of common stock and zero (0) shares of preferred stock which are issued and outstanding. Additionally, there are warrants to purchase up to 3,815,000 All issued and outstanding shares of common capital stock outstanding and 625,001 shares reserved for issuance upon exercise of outstanding stock options.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 300,000,000 200,000,000 shares of common stock comprised of 150,000,000 shares of common stock, par value $0.001 and 1,000,000 50,000 shares of preferred stock, par value $0.10. As 0.001 of the date of the Memorandum there were 34,031,915 which 11,472,302 shares of common stock and zero (0) shares of preferred stock were issued and outstanding. Additionallyoutstanding as of January 16, there are warrants to purchase up to 3,815,000 shares of common stock outstanding and 625,001 shares reserved for issuance upon exercise of outstanding stock options2018.