o The Company will issue warrants to TPL to acquire shares of the
Company`s common stock. 1,400,000 warrants will be exercisable upon
issue; 700,000 warrants will be exercisable if the Company`s common
stock trades at $.50 per share; an additional 700,000 warrants will
be exercisable if the Company`s common stock trades at $.75 per
share; and an additional 700,000 warrants will be exercisable if the
Company`s common stock trades at $1.00 per share.
How do ya like dem apples!