Item 3.02 Unregistered Sales of
On
Name Shares David Michery 1,000,000Kerri Sadler 300,000Jerry Alban 300,000Calin Popa 50,000
Such securities were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"). The issuance of such securities have not been registered under the Securities Act and may not be offered or sold absent registration or an applicable exemption from registration requirements.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The information regarding the issuance of shares of Common Stock to the executive officers set forth in Item 3.02 of this Current Report on Form 8-K is incorporated by reference in this Item 5.02.
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