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Item 3.02 Unregistered Sales of Equity Securities.
On October 25, 2019, we sold 5,060,000 shares of common stock at a price of US$0.20 per share for gross proceeds of US$1,012,000. We issued the shares of common stock to one U.S. person in reliance upon Rule 506 of Regulation D of the Securities Act of 1933, as amended, and to seventeen non-U.S. persons (as that term is defined in Regulation S of the Securities Act of 1933, as amended) in an offshore transaction in which we relied on the registration exemption provided for in Regulation S and/or Section 4(2) of the Securities Act of 1933, as amended.
https://www.sec.gov/Archives/edgar/data/14983...form8k.htm