C | The reporting person gifted shares as follows: 100,000 shares to each of seven donees; 150,000 shares to each of four donees, 200,000 shares to one donee, and 2,000,000 shares to one donee, for an aggregate of 3,500,000 shares.
The reporting person sold shares as follows: (i) on September 19, 2014, 100,000 shares, 50,000 shares, 100,000 shares, 50,000 shares , 120,000 shares, and 250,000 shares, in each case at a price of $.10 per share; (ii) on September 25, 2014, 750,000 shares, at $.10 per share; (iii) on September 25, 2014, 100,000 shares, 200,000 shares, 500,000 shares, 125,000 shares, 200,000 shares, 200,000 shares, 100,000 shares, 100,000 shares, 800,000 shares, 100,000 shares, 200,000 shares, 400,000 shares, 50,000 shares and, 700,000 shares, in each case at a price of $.02 per share; (iv) on September 26, 2014, 125,000 shares, at a price of $.10 per share and (v) on September 29, 2014, 400,000 shares and 250,000 shares, in each case at a price of $.10 per share.
These shares were sold primarily to existing shareholders of the reporting person in private transactions. |