shares for reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X

(2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5% Calculation of convertible securities for reporting purposes: (1) Warrants held

) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5% Calculation of convertible

reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5

shares for reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X

(2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5% Calculation of convertible securities for reporting purposes: (1) Warrants held

shares for reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X

(2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5% Calculation of convertible securities for reporting purposes: (1) Warrants held

shares for reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X

reporting purposes: (1) Shares held prior to the acquisition 45,000 voting rights (2) Net additional shares acquired 5,000 voting rights (3) Total voting rights 50,000 (4) [(3) / 1,000,000] X 100 5