POSTED 2/3/17 at 5:14PM On January 20, 2017, Cr
Post# of 75001
On January 20, 2017, Crackerjack Classic LLC (“Crackerjack”) exercised warrants to purchase 1,500,000 shares of our common stock. The warrants featured a cashless exercise price of $0.001 per share. These warrants were issued to Crackerjack during the quarter ended December 31, 2016 in exchange for services rendered. During the quarter ended December 31, 2016, warrants to purchase a total of 1,687,500 additional shares of common stock were issued to various other parties as payment for services rendered and/or to fulfill certain contractual obligations. These warrants are immediately exercisable, have exercise prices of $0.02 to $0.03 per share, and expire in three years.