 What is the purchase price per Share of the Company's common stock?
Subject to the terms and conditions hereof, the Company agrees to sell, and Purchaser agrees to purchase Twelve Thousand Three Hundred Ninety Five (12,395) shares (the “ Shares ”) of the Company’s common stock, $0.0001 par value per share (the “ Common Stock ”), at a purchase price of $3.60 per Share for an aggregate purchase price of $44,621 (the “ Purchase Price ”). The Purchase Price shall be paid by the conversion of a dividend payable in the amount of $44,621 on the Company’s Series B-1 Convertible Preferred Stock (the “ Series B -1 Preferred ”) presently due and payable to the Purchaser. Within a reasonable time following the date hereof, the Company shall deliver to Purchaser, a certificate evidencing the Shares.
3.60