Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: In March 2021, five shareholders converted 521,660 shares of the registrant's Series C convertible preferred stock into 2,608,300 shares of the registrant's common stock.
−Removed: The registrant claimed exemption from the registration provisions of the Securities Act of 1933 with respect to the securities pursuant to Section 4(2) thereof in as much as no public offering was involved.
+Added: On July 8, 2021, a holder of Series C preferred stock, converted 275,000
+Added: shares of Series C Convertible Preferred Stock into 1,375,000 shares of Common Stock.
+Added: The registrant claimed exemption from the registration provisions of the
+Added: Securities Act of 1933 with respect to the securities pursuant to Section 4(2) thereof in as much as no public offering was involved.
The shares were not offered or sold by means of:
−Removed: (i) any advertisement, article, notice or other communication published in any newspaper, magazine or similar medium, or broadcast over television or radio, (ii) any seminar or meeting whose attendees have been invited by any general solicitation or general advertising, or (iii) any other form of general solicitation or advertising and the purchases were made for investment and not with a view to distribution.
−Removed: Each of the purchasers was, at the time of the purchaser's respective purchase, an accredited investor, as that term is defined in Regulation D under the Securities Act of 1933 and had access to sufficient information concerning the registrant and the offering.
+Added: (i) any advertisement, article, notice or other communication published in any newspaper,
+Added: magazine or similar medium, or broadcast over television or radio, (ii) any seminar or meeting whose attendees have been invited by any
+Added: general solicitation or general advertising, or (iii) any other form of general solicitation or advertising and the purchases were made
+Added: for investment and not with a view to distribution.
+Added: Each of the purchasers was, at the time of the purchaser’s respective purchase,
+Added: an accredited investor, as that term is defined in Regulation D under the Securities Act of 1933 and had access to sufficient information
+Added: concerning the registrant and the offering.
Defaults Upon Senior Securities
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.