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(b) Percent of class:
The responses of the Reporting Persons to Row (11) of the cover pages of this Schedule 13G are incorporated herein by reference. Calculations of the percentage of shares of Common Stock beneficially owned are based on 1,668,218,127 shares of Common Stock outstanding, consisting of (i) 1,668,207,926 shares of Common Stock the Issuer reported outstanding as of December 5, 2018 in its Current Report on Form 8-K filed on December 31, 2018, plus (ii) 10,201 shares of Common Stock that Oath currently has the right to acquire pursuant to warrants and are deemed to be outstanding in accordance with Rule 13d-3 under the Act.
Pursuant to the terms of the warrants held by Oath, Oath cannot exercise such warrants if the Reporting Persons would beneficially own, after giving effect to such exercise, more than 9.99% of the outstanding shares of Common Stock.
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole power to dispose or to direct the disposition, and (iv) shared power to dispose or to direct the disposition, in each case are incorporated by reference from the responses of the Reporting Persons to Rows (5) through (8) of the cover pages of this Amendment No. 1 to Schedule 13G and Item 4(a) hereof.
Item 5. | Ownership of 5 Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☒.
Item 6. | Ownership of More than 5 Percent on Behalf of Another Person. |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.