Request Limits
Request Limits. The limits on the number of shares of common stock the Company is requiring the Investor to purchase which shall be limited to the lesser of $1,000,000 or 500% of the daily average share value traded for the 10 days prior to the Closing Request Date. No puts are allowed until the shares have been registered. Minimum put allowable is $25,000. In no event may the shares issuable pursuant to a Draw Down Notice, when aggregated with the shares then held by the Investor on the date of the Draw Down,...
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