MCP(.57) after hours trading 6.28% up .. NEW FILI
Post# of 26711
All calculations of percentage ownership herein are based on a total of 284,074,522 shares of common stock of the Issuer, par value $0.001 per share (the “Common Stock”), outstanding, consisting of (i) 277,955,182 shares of Common Stock outstanding as of March 13, 2015, as disclosed in the Issuer’s Form 10-K filed with the Securities and Exchange Commission on March 16, 2015 and (ii) 6,119,340 warrants to purchase Common Stock held by the Reporting Persons, entitling them to purchase an aggregate of 6,119,340 shares of Common Stock of the Issuer at an exercise price of $2.04 per share, subject to expiration on September 11, 2019 (the “Warrants”). In accordance with Rule 13d-3(d)(1), the Warrants are treated as exercised for the purpose of computing the deemed beneficial ownership percentage of the Reporting Persons.
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