(2) |
There are being registered hereunder
such indeterminate number of shares of Class A common stock and preferred stock, such indeterminate principal amount of debt
securities, such indeterminate number of warrants, such indeterminate number of units, and such indeterminate number of subscription
rights as shall have an aggregate initial offering price not to exceed $30,000,000. If any debt securities are issued at an original
issue discount, then the offering price of such debt securities shall be in such greater principal amount as shall result in an aggregate
initial offering price not to exceed $30,000,000, less the aggregate dollar amount of all securities previously issued hereunder.
Any securities registered hereunder may be sold separately or as units with other securities registered hereunder. The proposed maximum
initial offering price per unit will be determined, from time to time, by the registrant in connection with the issuance by the registrant
of the securities registered hereunder. The securities registered also include such indeterminate number of shares of Class A
common stock and preferred stock and amount of debt securities as may be issued upon conversion of or exchange for preferred stock
or debt securities that provide for conversion or exchange, upon exercise of securities registered hereunder. In addition, pursuant
to Rule 416 under the Securities Act of, the shares being registered hereunder include such indeterminate number of shares of Class
A common stock and preferred stock as may be issuable with respect to the shares being registered hereunder as a result of stock
splits, stock dividends or similar transactions. |