| Summary of Convertible Notes with Lenders |
Each of these notes were issued
with detachable five-year warrants to purchase shares of common stock as set forth in the table below.
| Issuance Date |
|
Principal Amount |
|
|
Original Issue Discount |
|
|
Gross Proceeds |
|
|
Note Conversion Price Per Share |
|
|
Number of Shares Underlying Warrants |
|
|
Warrant Exercise Price Per Share |
|
| October 3, 2019 |
|
$ |
27,174 |
|
|
$ |
2,174 |
|
|
$ |
25,000 |
|
|
$ |
0.12 |
|
|
|
50,000 |
|
|
$ |
0.12 |
|
| October 10, 2019 |
|
|
27,174 |
|
|
|
2,174 |
|
|
|
25,000 |
|
|
|
0.12 |
|
|
|
50,000 |
|
|
|
0.12 |
|
| October 23, 2019 |
|
|
108,696 |
|
|
|
8,696 |
|
|
|
100,000 |
|
|
|
0.12 |
|
|
|
250,000 |
|
|
|
0.15 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
250,000 |
|
|
|
0.20 |
|
| October 29, 2019 |
|
|
27,174 |
|
|
|
2,174 |
|
|
|
25,000 |
|
|
|
0.12 |
|
|
|
50,000 |
|
|
|
0.12 |
|
| November 8, 2019 |
|
|
16,304 |
|
|
|
1,304 |
|
|
|
15,000 |
|
|
|
0.07 |
|
|
|
30,000 |
|
|
|
0.07 |
|
| Total |
|
$ |
206,522 |
|
|
$ |
16,522 |
|
|
$ |
190,000 |
|
|
$ |
0.07-0.12 |
|
|
|
680,000 |
|
|
$ |
0.07-0.20 |
|
| Issuance Date |
|
Principal Amount |
|
|
Original Issue Discount |
|
|
Gross Proceeds |
|
|
Note Conversion Price Per Share |
|
|
Number of Shares Underlying Warrants |
|
|
Warrant Exercise Price Per Share |
|
| October 16, 2019 |
|
$ |
217,391 |
|
|
$ |
17,391 |
|
|
$ |
200,000 |
|
|
$ |
0.07 |
|
|
|
400,000 |
|
|
$ |
0.07 |
|
|