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,... exceed 9.99% of the Company's outstanding common stock View More

Request Limits. Means the number of shares of Common Stock the Company is requiring the Investor to purchase to be limited to the lesser of $1,000,000 or 300% of the average number of shares traded for the 10 trading days prior to the Closing Request Date. No Purchase Notices are allowed until the shares have been registered. Minimum Purchase Notice allowable is $25,000. Purchase Notices must be at least 10 business days apart. In no event may the shares issuable pursuant to a Purchase Notice, when aggregated... with the shares then held by the Investor on the date of the Purchase Notice, exceed 9.99% of the Company's outstanding Common Stock. Request Limits are further limited by the provisions of Section 2(c) hereof. View More

Request Limits. The number of shares of Common Stock the Company is requiring the Investor to purchase to be limited to the lesser of $1,000,000 or 500% of the average number of shares traded for the 10 trading days prior to the date of the Request Notice. No Request Notices are allowed until the resale of the shares has been registered. Minimum Request Notice allowable is $25,000. Request Notices must be at least 5 business days apart. In no event may the shares issuable pursuant to a Request Notice, when... aggregated with the shares then held by the Investor on the date of the Request Notice, exceed 9.99% of the Company's outstanding Common Stock. Request Limits are further limited by the provisions of Section 2 (c) hereof. View More