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Tuesday, January 23, 2018

The Scriveners are scrivening. And the boys want some too. Thanks Chouffe

         Stillwater Trust LLC, one of our largest stockholders, has expressed an interest in purchasing up to $500,000 of shares of our common stock and warrants to purchase shares of our common stock in a fixed combination at a price equal to the public offering price of $            per share and associated warrant, in a separate private placement that is expected to close concurrently with this offering. The sale of such shares of common stock and warrants in the concurrent private placement will not be registered under the Securities Act of 1933, as amended.
         In addition, certain of our directors and executive officers, including our Chief Executive Officer and Chief Financial Officer, have committed to purchase approximately $175,000 of shares of our common stock and warrants to purchase shares of common stock in a fixed combination at a price equal to the public offering price of $            per share and associated warrant in a separate private placement. The sale of such shares of common stock and warrants in the private placement will not be registered under the Securities Act of 1933, as amended, and is subject to stockholder approval in accordance with the rules and regulations of NYSE American. We expect to seek such stockholder approval at the 2018 annual meeting of our stockholders.


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