(1) | Includes (i) 3,767,454 common shares, no par value, of the Issuer (“Common Shares”) held byGRQ Consultants, Inc. 401K (“GRQ 401K”), (ii)93,587 Common Sharesheld by GRQ Consultants, Inc. (“GRQ Inc.”), (iii)1,263,816 Common Sharesheld by GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“Roth 401K”), (iv)63,740 Common Sharesheld by GRQ Consultants, Inc. Defined Benefit Plan (“GRQ DBP”), and (v)2,343,746 Common Shares held by Renee Honig individually. Barry Honig’s father, Alan S. Honig (“Alan Honig”), and Barry Honig’s wife, Renee Noel Honig (“Renee Honig”), are co-trustees of each of GRQ 401K, Roth 401K and GRQ DBP. Alan Honig is the President of GRQ Inc. By virtue of his current relationship with his father with regard to the Common Shares held by GRQ 401K, Roth 401K, GRQ DBP and GRQ Inc., and the spousal relationship with his wife with regard to the Common Shares held by GRQ 401K, Roth 401K, GRQ DBP and Renee Honig, individually, Barry Honig may have influence on all of the Common Shares held by each of GRQ 401K, Roth 401K, GRQ DBP, GRQ Inc., and Renee Honig, individually, and may be deemed, directly or indirectly, to have beneficial ownership of all of such Common Shares. Excludes (i) 394,069 Common Shares issuable upon conversion of preferred shares of the Issuer (“Preferred Shares”) held by Renee Honig, individually, (ii) 1,951,891Common Sharesissuable upon conversion of the Preferred Shares held by GRQ 401K, (iii)955,180 Common Sharesissuable upon conversion of Preferred Shares held by Roth 401K, and (iv)268,096 Common Sharesissuable upon conversion of Preferred Shares held by GRQ DBP.The Preferred Shares contain a beneficial ownership limitation equal to4.99% of the number of Common Shares outstanding immediately after giving effect to the issuance of Common Shares issuable upon conversion of the Preferred Shares held by the holder.All of the Common Shares and Preferred Shares held by the Reporting Persons are subject to the Support Agreement entered into with the Issuer, as described more fully in Item 4 below. |