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Posted on 4/10/21 at 1:13 pm to Stagliano
quote:
On April 8th, 2021, in response to nearly 30 million warrants that management believes were illegally converted into shares on March 10th, 2021 by the defendants in the above referenced action, our CEO, Ken Tapp, and on behalf of shareholders that have suffered from the warrant conversion activity, processed a Stock Rescission of his own personal shares, reducing his share count from 59,736,667 to 30,000,000 common stock shares.
On April 9, 2021, we issued the press release attached hereto as Exhibit 99.2 regarding the above-referenced litigation.
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