<SEC-DOCUMENT>0001663577-19-000168.txt : 20190417
<SEC-HEADER>0001663577-19-000168.hdr.sgml : 20190417
<ACCEPTANCE-DATETIME>20190417113320
ACCESSION NUMBER:		0001663577-19-000168
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20190417
DATE AS OF CHANGE:		20190417

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEANSPARK, INC.
		CENTRAL INDEX KEY:			0000827876
		STANDARD INDUSTRIAL CLASSIFICATION:	COGENERATION SERVICES & SMALL POWER PRODUCERS [4991]
		IRS NUMBER:				870449945
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-228063
		FILM NUMBER:		19752568

	BUSINESS ADDRESS:	
		STREET 1:		70 NORTH MAIN STREET, STE. 105
		CITY:			BOUNTIFUL
		STATE:			UT
		ZIP:			84010
		BUSINESS PHONE:		801-224-4405

	MAIL ADDRESS:	
		STREET 1:		70 NORTH MAIN STREET, STE. 105
		CITY:			BOUNTIFUL
		STATE:			UT
		ZIP:			84010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STRATEAN INC.
		DATE OF NAME CHANGE:	20141201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMARTDATA CORP
		DATE OF NAME CHANGE:	19880120
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>mainbody.htm
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: right"><FONT STYLE="color: Black"><B>Filed
pursuant to Rule 424(b)(5)</B><BR>
<B>Registration Statement No. 333-228063</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B>PROSPECTUS SUPPLEMENT</B><BR>
<B>(To Prospectus Dated November 20, 2018) </B></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><IMG SRC="image_001.jpg" ALT="Clean Spark" STYLE="height: 47px; width: 364px"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>$10,750,000
Senior Secured Redeemable Convertible Promissory Note</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>2,150
Shares of Series B Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Common
Stock Purchase Warrant to Purchase up to 2,300,000 Shares of Common Stock</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Shares
of Common Stock Issuable Upon Conversion of the Senior Secured Redeemable Convertible Promissory Note</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Shares
of Common Stock Issuable Upon Conversion of the Series B Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Shares
of Common Stock Issuable Upon Exercise of the Warrant</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>1,250,000
Shares of Common Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">We are offering a $10,750,000
face value Senior Secured Redeemable Convertible Promissory Note (the &ldquo;Debenture&rdquo;) with a 7.5% original issue discount,
2,150 shares of our Series B Preferred Stock with a 7.5% original issue discount, a Common Stock Purchase Warrant (the &ldquo;Warrant&rdquo;)
on a cash-only basis to acquire up to 2,300,000 shares (the &ldquo;Warrant Shares&rdquo;) of our common stock (our &ldquo;Common
Stock&rdquo;), the shares of our Common Stock underlying the Debenture, the shares of Common Stock underlying the Series B Preferred
Stock, the Warrant Shares and 1,250,000 shares of Common Stock. The aggregate purchase price for the Debenture, the Series B Preferred
Stock the Warrant and the Common Stock is $20,000,000.</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The Debenture has a maturity date <FONT STYLE="letter-spacing: -0.15pt">two
</FONT>years from the issuance date and <FONT STYLE="letter-spacing: -0.15pt">we </FONT>have agreed to pay compounded interest
on the unpaid principal balance of the Debenture at the rate equal to 7.5% per annum. Interest is payable on the date the applicable
principal is converted or on maturity. The interest must be paid in cash and, in certain circumstances, may be paid in shares of
our Common Stock. The Series B Preferred Stock may convert into Common Stock and has other features as discussed elsewhere in this
Prospectus. The Warrant is exercisable for a term of three years on a cash-only basis at an exercise price of $3.50 per share with
respect to 2,000,000 Warrant Shares, $4.00 with respect to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares,
$7.50 with respect to 50,000 Warrant Shares and $10.00 with respect to 50,000 Warrant Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior to the maturity date,
provided that no trigger event has occurred, we will have the right at any time upon 30 trading days&rsquo; prior written notice,
in our sole and absolute discretion, to redeem all or any portion of the Debenture then outstanding by paying the holder an amount
equal to 145% of the face value of the Debenture.</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The holder may convert
the Debenture into shares of our Common Stock at a conversion price equal to 90% of the mathematical average of the 5 lowest individual
daily volume weighted average prices of our Common Stock, less $0.075 per share, during the period beginning on the issuance date
and ending on the maturity date. No conversion is permitted at a price below $1.00 per share until approval of certain corporate
actions by the shareholders is obtained and then at $0.35 per share. In the event certain equity conditions exist, we may require
that the holder convert the Debenture. In no event shall the holder of the Debenture be allowed to effect a conversion if such
conversion, along with all other shares of our Common Stock beneficially owned by the holder and its affiliates would exceed 4.99%
of the outstanding shares of our Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not intend to apply
to list the Debenture, the Series Preferred Stock or Warrant on any national securities exchange or any automated dealer quotation
system. Our Common Stock is listed on the OTCQB marketplace under the symbol &ldquo;CLSK.&rdquo; On April 16, 2019, the last reported
sale price of our Common Stock was $3.34 per share.</P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">We intend
to use the net proceeds received from the sale of the above securities for general corporate purposes and the repayment of certain
outstanding debt. We will not receive any additional proceeds if and when the Debenture or Series B Preferred Stock is converted,
in whole or in part, into shares of our Common Stock. We will, however, receive any additional proceeds if and when the Warrant
is exercised into shares of our Common Stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><B>Our business
and an investment in our Common Stock involve significant risks. These risks are described under the caption &ldquo;Risk Factors&rdquo;
beginning on page S-3 of this prospectus supplement and in the documents incorporated by reference into this prospectus supplement.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><B>Neither
the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or
passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>The date
on this prospectus supplement is April 17, 2019</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B>We are responsible
for the information contained and incorporated by reference in this prospectus supplement, the accompanying prospectus and any
related free writing prospectus we prepare or authorize. We have not authorized anyone to provide you with different information,
and we take no responsibility for any other information that others may give you. We are not, and the placement agent is not,
making an offer of our securities in any jurisdiction where the offer is not permitted. The information in this prospectus supplement,
the accompanying prospectus, the documents incorporated by reference and any written communication from us specifying the final
terms of the offering is only accurate as of the date of the respective documents in which the information appears. Our business,
financial condition, results of operations and prospects may have changed since those dates. Information in this prospectus supplement
updates and modifies the information in the accompanying prospectus.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B>TABLE
OF CONTENTS</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 80%">
<TR>
    <TD STYLE="width: 91%; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B><I>Prospectus
    Supplement</I></B></FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: Black"><B>Page
    </B></FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_001">ABOUT THIS PROSPECTUS SUPPLEMENT</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-1</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_002">DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-1</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_003">PROSPECTUS SUPPLEMENT SUMMARY</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-2</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_004">RISK FACTORS</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-5</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_005">USE OF PROCEEDS</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-13</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_027">DILUTION</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">S-13</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_006">PRICE RANGE OF COMMON STOCK AND DIVIDEND POLICY</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-13</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_007">DESCRIPTION OF CAPITAL STOCK</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-13</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; line-height: 107%; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_008">DESCRIPTION OF THE DEBENTURE, THE PREFERRED STOCK, THE COMMON STOCK AND THE WARRANT</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-18</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_009">LEGAL MATTERS</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-18</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_010">EXPERTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-19</FONT></TD>
    </TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_011">WHERE YOU CAN FIND MORE INFORMATION</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-19</FONT></TD>
    </TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><A HREF="#a_012">INFORMATION INCORPORATED BY REFERENCE</A></FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">S-19</FONT></TD>
    </TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><I>Prospectus
</I></B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 80%; border-collapse: collapse">
<TR>
    <TD STYLE="text-align: right; line-height: 107%; width: 95%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; line-height: 107%; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>Page</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_013">ABOUT THIS PROSPECTUS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_015">SUMMARY</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_016">RISK FACTORS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_017">SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_018">USE OF PROCEEDS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_019">DESCRIPTION OF CAPITAL STOCK</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_020">DESCRIPTION OF DEBT SECURITIES</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_021">DESCRIPTION OF WARRANTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_022">LEGAL OWNERSHIP OF SECURITIES</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_023">PLAN OF DISTRIBUTION</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_024">LEGAL MATTERS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_024">EXPERTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_025">WHERE YOU CAN FIND MORE INFORMATION</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_026">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><A NAME="a_001"></A><B>ABOUT
THIS PROSPECTUS SUPPLEMENT </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">This prospectus supplement
and the accompanying prospectus are part of a registration statement on Form&nbsp;S-3 (File No.&nbsp;333-228063) that we filed
with the Securities and Exchange Commission (the &quot;SEC&quot;) and that was declared effective by the SEC on November 20, 2018.
Under this shelf registration process, we may, from time to time, offer common stock, preferred stock, debt securities, warrants
and units, of which this offering is a part.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">This document is in
two parts. The first part is this prospectus supplement, which describes the terms of this offering of common stock and warrants
and also adds, updates and changes information contained in the accompanying prospectus and the documents incorporated herein
by reference. The second part is the accompanying prospectus, which provides more general information about our common stock and
warrants and other securities that do not pertain to this offering. To the extent that the information contained in this prospectus
supplement conflicts with any information in the accompanying prospectus or any document incorporated by reference, the information
in this prospectus supplement shall control. The information in this prospectus supplement may not contain all of the information
that is important to you. You should read this entire prospectus supplement, the accompanying prospectus and the documents incorporated
by reference carefully before deciding whether to invest in our securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">References to &quot;our
company,&quot; &quot;we,&quot; &quot;our&quot; and &quot;us&quot; in this prospectus supplement and the accompanying prospectus
are to CleanSpark,&nbsp;Inc. and its consolidated subsidiaries, unless the context otherwise requires. This document may include
trade names and trademarks of other companies. All such trade names and trademarks appearing in this document are the property
of their respective holders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_002"></A>DISCLOSURE
REGARDING FORWARD-LOOKING STATEMENTS </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">This prospectus, each
prospectus supplement and the information incorporated by reference in this prospectus and each prospectus supplement contain
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, which we refer to as the
Securities Act, and Section 21E of the Exchange Act of 1934, as amended, which we refer to as the Exchange Act, that involve a
number of risks and uncertainties. Although our forward-looking statements reflect the good faith judgment of our management,
these statements can only be based on facts and factors currently known by us. Consequently, these forward-looking statements
are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from results and outcomes
discussed in the forward-looking statements.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Forward-looking statements
can be identified by the use of forward-looking words such as &ldquo;believes,&rdquo; &ldquo;expects,&rdquo; &ldquo;hopes,&rdquo;
&ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;plan,&rdquo; &ldquo;intends,&rdquo; &ldquo;estimates,&rdquo; &ldquo;could,&rdquo;
&ldquo;should,&rdquo; &ldquo;would,&rdquo; &ldquo;continue,&rdquo; &ldquo;seeks,&rdquo; &ldquo;pro forma,&rdquo; or &ldquo;anticipates,&rdquo;
or other similar words (including their use in the negative), or by discussions of future matters. These statements include but
are not limited to statements under the captions &ldquo;Business,&rdquo; &ldquo;Risk Factors&rdquo; and &ldquo;Management&rsquo;s
Discussion and Analysis of Financial Condition and Results of Operations&rdquo; and in other sections included in any applicable
prospectus supplement or incorporated by reference from our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as
applicable, as well as our other filings with the SEC. You should be aware that the occurrence of any of the events discussed
under the heading &ldquo;Risk Factors&rdquo; in any applicable prospectus supplement and any documents incorporated by reference
herein or therein could substantially harm our business, operating results and financial condition and that if any of these events
occurs, it could adversely affect the value of an investment in our securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The cautionary statements
made in this prospectus are intended to be applicable to all related forward-looking statements wherever they may appear in this
prospectus or in any prospectus supplement or any documents incorporated by reference herein or therein. We urge you not to place
undue reliance on these forward-looking statements, which speak only as of the date they are made. Except as required by law,
we assume no obligation to update our forward-looking statements, even if new information becomes available in the future.</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_003"></A>PROSPECTUS
SUPPLEMENT SUMMARY </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><I>This summary highlights
selected information about CleanSpark,&nbsp;Inc. This summary does not contain all of the information that may be important to
you in making an investment decision. For a more complete understanding of CleanSpark,&nbsp;Inc. you should read carefully this
entire prospectus supplement and the accompanying prospectus, including the &quot;Risk Factors&quot; section and the other documents
we refer to and incorporate by reference. Unless otherwise indicated, &quot;common stock&quot; means our common stock, par value
$0.001 per share. </I></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B>CleanSpark
Overview</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We are in the business
of providing advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy
challenges. Our services consist of intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting
services, and turn-key microgrid implementation services. Our software allows energy users to obtain resiliency and economic optimization.
Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented
across commercial, industrial, military and municipal deployment.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Integral to our business
is our mPulse and mVSO software platforms (the &ldquo;Platforms&rdquo;). When the Platforms are implemented on a customer&rsquo;s
power system they are able to control the distributed energy resources on site to provide secure, sustainable energy often at
significant cost savings for our energy customers. The Platforms allows customers to efficiently manage renewable energy generation,
other distributed energy generation technologies including energy generation assets, energy storage assets, and energy consumption
assets. By having autonomous control over the distributed facets of energy usage and energy storage, customers are able to reduce
their dependency on utilities, thereby keeping energy costs relatively constant over time. The overall aim is to transform energy
consumers into energy producers by supplying power that anticipates their routine instead of interrupting it.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We also own patented
gasification technologies. Our technology converts any organic material into SynGas. SynGas can be used as clean, renewable, environmentally
friendly, warming fuel for power plants, motor vehicles, and as feedstock for the generation of DME (Di-Methyl Ether).</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">As previously disclosed,
we plan to continue our focus on the CleanSpark side of the business in 2019, as opposed to expending significant efforts on the
Gasifier side of the business. We plan to continue our efforts to better our technology, service existing customers and market
our System (defined below) to prospective clients. We feel that this focus would provide the best opportunity for our shareholders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">As an energy technology
company, part of our business model is to assess our technologies, product offerings and business direction and determine whether
any strategic acquisitions would benefit us. In line with our focus, on January 22, 2019 we have acquired the outstanding capital
stock of Pioneer Critical Power, Inc., a Delaware corporation, which we have since renamed and redomiciled to the State of Nevada
and changed the name to CleanSpark Critical Power Systems Inc.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">As consideration for
the transaction, we issued to Pioneer Power Solutions, Inc. (&ldquo;Pioneer Power&rdquo;) a total of 1,750,000 shares of our common
stock, a 5-year warrant to purchase 500,000 shares of our common stock at an exercise price of $1.60 per share and a 5-year warrant
to purchase 500,000 shares of our common stock at an exercise price of $2.00 per share.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The parties also signed
additional agreements in connection with the transaction, as previously disclosed in our SEC filings, mainly requiring Pioneer
Power to indemnify us in certain circumstances and restricting Pioneer Power from engaging in a competing business.</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We also signed a Contract
Manufacturing Agreement, whereby Pioneer Power shall exclusively manufacture parallel switchgears, automatic transfer switches
and related control and circuit protective equipment for us, for a period of eighteen months.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We plan to utilize the
new intellectual property we gained from the acquisition and the manufacturing agreement in place to enter into the switchgear
equipment sales industry. We acquired executed contracts and purchase orders, which we expect will result in significant gross
sales during early 2019, as well as hired personnel to operate this new line of business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">As a result of this
transaction, the parties terminated a contemplated asset purchase arrangement previously disclosed in our SEC filings.&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Our principal executive
offices are located at 70 North Main Street, Ste. 105 Bountiful, Utah 84010, and our telephone number is (801) 244-4405. Our website
is located at <I>www.cleanspark.com</I>. Information contained on our website or that can be accessed through our website is not
incorporated by reference into this prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We are an &ldquo;emerging growth
company,&rdquo; as defined in the Jumpstart Our Business Startups Act of 2012. As an emerging growth company we are eligible for
exemptions from various reporting requirements applicable to other public companies that are not emerging growth companies, including
not being required to comply with the auditor attestation requirements of Section&nbsp;404 of the Sarbanes-Oxley Act of 2002 and
reduced disclosure obligations regarding executive compensation. We will remain an emerging growth company until the earlier of
(1)&nbsp;the last day of the fiscal year (a)&nbsp;following the fifth anniversary of the closing of our initial public offering
in February 2014, (b)&nbsp;in which we have total annual gross revenue of at least $1.0 billion or (c)&nbsp;in which we are deemed
to be a large accelerated filer, which means the market value of our common stock that is held by non-affiliates exceeds $700&nbsp;million
as of the prior June&nbsp;30th, and (2)&nbsp;the date on which we have issued more than $1.0 billion in non-convertible debt during
the prior three-year period. We refer to the Jumpstart Our Business Startups Act of 2012 herein as the &ldquo;JOBS Act,&rdquo;
and references herein to &ldquo;emerging growth company&rdquo; shall have the meaning associated with it in the JOBS Act.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">For additional information
as to our business, properties and financial condition, please refer to the documents cited in &quot;Where You Can Find More Information.&quot;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B>The
Offering </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><I>The following summary
is provided solely for your convenience and is not intended to be complete. You should read the full text and more specific details
contained elsewhere in this prospectus supplement and the accompanying prospectus. For a more detailed description of our common
stock, see &quot;Description of Securities&nbsp;&ndash; Common Stock&quot; in the accompanying prospectus.</I></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuer</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CleanSpark,&nbsp;Inc.</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Transaction Documents</P></TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Includes the Purchase Agreement for the sale of the Debenture,
        the Series B Preferred Stock, the Common Stock and the Warrant, and also includes the Voting Agreements executed by shareholders
        beneficially owning and controlling more than 51% of our voting power.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase Price</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The aggregate purchase price for the Debenture, the Series B Preferred Stock, the Warrant and the Common Stock is $20,000,000.</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Debenture</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><BR>
        $10,750,000 face value Senior Secured Redeemable Convertible Promissory Note.</P>
        <P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">This prospectus supplement also relates to the offering of
        the shares of our Common Stock issuable upon conversion or repayment of the Debenture.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 107%"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maturity Date</FONT></TD>
    <TD STYLE="vertical-align: top; line-height: 107%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Two years from the date of issuance.</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><I></I></FONT></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest</FONT></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Debenture accrues compounded interest on the unpaid principal balance of the Debenture at the rate equal to 7.5% per annum. </FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Conversion Rights/Conversion Price<BR>
        &nbsp;</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The holder may convert the Debenture into shares of our Common
        Stock at a conversion price equal to 90% of the mathematical average of the 5 lowest individual daily volume weighted average prices
        of the Common Stock, less $0.075 per share, during the period beginning on the issuance date and ending on the maturity date. In
        the event certain equity conditions exist, we may require that the holder convert the Debenture. In no event shall the holder of
        the Debenture be allowed to effect a conversion if such conversion, along with all other shares of our Common Stock beneficially
        owned by the holder and its affiliates would exceed 4.99% of the outstanding shares of our Common Stock.<BR>
        <BR>
        </P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayment</FONT></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior to the maturity date, provided that no trigger event has occurred, we will have the right at any time upon 30 trading days&rsquo; prior written notice, in our sole and absolute discretion, to redeem all or any portion of the Debenture then outstanding by paying the holder an amount equal to 145% of the face value of the Debenture.</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Events of Default</P>
        <P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">If an event of default on the Debenture occurs, the face
        value of the Debenture, plus any accrued and unpaid interest and late payments, may become immediately due and payable. See &ldquo;Description
        of Debenture&rdquo; for additional information.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Governing Law</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The Debenture will be governed by, and construed in accordance
        with, the laws of the US Virgin Islands, without regard to the principles of conflict of laws thereof.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Warrant</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The Warrant is exercisable for a term of three years on a cash-only basis at an exercise price of $3.50 per share
with respect to 2,000,000 Warrant Shares, $4.00 with respect to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares,
$7.50 with respect to 50,000 Warrant Shares and $10.00 with respect to 50,000 Warrant Shares.</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Series B Preferred Stock</FONT></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">2,150 shares of Series B Preferred Stock. The Series B Preferred
        Stock may convert into shares of Common Stock and has other features as contained in the Certificate of Designation that the Company
        filed in the State of Nevada on April 16, 2019. See &ldquo;Description of Capital Stock.&rdquo;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">This prospectus supplement also relates to the offering of
        the shares of our Common Stock issuable upon conversion of the Series B Preferred Stock.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Common Stock</P></TD>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,250,000 shares of Common Stock. </FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Closings</P></TD>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Upon satisfaction of closing conditions, at the first closing we
        plan to sell the Debenture, the Common Stock and the Warrant for $10,000,000. At the second closing, we plan to sell 1,075 shares
        of Series B Preferred Stock for $5,000,000 upon approval of our shareholders: (1) to increase our authorized common stock from
        100,000,000 shares, par value $0.001 per share, to 200,000,000 shares, and (2) to approve the Agreement and the issuance of the
        Debenture, the Series B Preferred Stock, the Warrant, the Common Stock and the shares underlying the Debenture and the Series B
        Preferred Stock and the Warrant Shares. We have also agreed to submit an application for listing on the Nasdaq Capital Market within
        45 days of executing the Agreement. Within 30 days of approval of the above corporate actions and upon listing with the Nasdaq
        Capital Market, we have an option to sell the remaining 1,075 shares of Series B Preferred Stock at $5,000 per share with a 7.5%
        OID for the sum of up to $5,000,000.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Use of Proceeds</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">We will receive gross proceeds of $20,000,000 from the sale
        of the securities in this offering. We plan to use the net proceeds received in such sale for general corporate purposes and the
        repayment of certain outstanding debt. We will not receive any additional proceeds from the conversion of the Debenture, whether
        in whole or in part. For more information, see the section titled &ldquo;Use of Proceeds.&rdquo;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Risk Factors</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">You should read the &ldquo;Risk Factors&rdquo; section
        of this prospectus supplement beginning on page S-5 for a discussion of factors to consider carefully before deciding
        to invest in shares of our Common Stock.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">No Listing</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">We do not intend to apply for listing for the Debenture,
        Series B Preferred Stock or Warrant on any national securities exchange or any automated dealer quotation system.</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">OTC Markets Group, Inc.&rsquo;s OTCQB marketplace</P></TD>
    <TD STYLE="vertical-align: top; font: 11pt/107% Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt/107% Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our shares of Common Stock are quoted on the OTC Markets Group, Inc.&rsquo;s OTCQB marketplace under the symbol &ldquo;CLSK.&rdquo;</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_004"></A>RISK
FACTORS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><I>An investment in
our securities involves a high degree of risk. You should carefully consider the risks described below, as well as the other information
included or incorporated by reference in this prospectus supplement, before making an investment decision. Our business, financial
condition, results of operations and cash flows could be materially adversely affected by any of these risks. The market or trading
price of our securities could decline due to any of these risks. In addition, please read &quot;Disclosure Regarding Forward-Looking
Statements&quot; in this prospectus supplement, where we describe additional uncertainties associated with our business and the
forward-looking statements included or incorporated by reference in this prospectus supplement. Please note that additional risks
not presently known to us or that we currently deem immaterial may also impair our business and operations.</I></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B>Risks
Related to Our Business</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
lack an established operating history and have incurred losses in prior periods, expect to incur losses in the future and we can
give no assurance that our operations will result in profits.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We have
a limited operating history that makes it difficult to evaluate our business. Historical sales pertaining to our System have been
in low volume, and we cannot say with certainty when we will begin to achieve profitability. We have not sold any of our Gasifiers.
</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Since
inception through December 31, 2018, we have sustained $69,223,082 in cumulative net losses and we had a net loss for the year
ended September 30, 2018 of $47,006,165 and a net loss for the three months ended December 31, 2018 of 2,283,551. We expect to
have operating losses at least until such time as we have developed a substantial and stable revenue base. We cannot assure you
that we can develop a substantial and stable revenue base or achieve or sustain profitability on a quarterly or annual basis in
the future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Although
we have obtained sufficient funding for the year ending September 30, 2018, if we do not obtain increased revenues in 2019, we
may have to scale back or cease our activities or seek additional financing, which may significantly harm our chances of success.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Because
we have generated only a small amount of revenue in prior years and currently operate at a significant loss, we are dependent
on generating additional revenue in the coming year or we may need to seek the continued availability of financing in order to
continue our business. There can be no assurance that our revenues will develop as planned or that financing sufficient to enable
us to continue our operations will be available to us in the future. Moreover, even if we are able to obtain financing in the
future, it could be on terms that causes our company&rsquo;s stock price to suffer or further dilutes shareholder interests in
our company. Most of our financing in 2018 was from the issuance of convertible notes along with some funding from the sale of
our common stock and related party advances. We obtained approximately $5,000,000 in connection with the sale of a secured convertible
promissory note. While this financing is expected to carry us through 2019, our failure to obtain future financing, financing
on terms that are acceptable to us, or to produce levels of revenue to meet our financial needs could result in our inability
to continue as a going concern and, as a result, our investors could lose their entire investment. In order to maximize our potential
for success, we need to generate cashflows from revenues totaling $2,000,000 to $4,000,000 to support our current operations or
we may need a similar amount in additional financing in 2020. As explained in this annual report, these cashflows are needed for
continued upgrades to our software, testing and refinement of our Gasifier, marketing and sales of both sides of our business
operations and for working capital. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Our
future success is difficult to predict because we operate in emerging and evolving markets, and the industries in which we compete
are subject to volatile and unpredictable cycles.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">The renewable
energy, microgrid and related industries are emerging and evolving markets which may make it difficult to evaluate our future
prospects and which may lead to period to period variability in our operating results. Our products and services are based on
unique technology which we believe offers significant advantages to our customers, but the markets we serve are in a relatively
early stage of development and it is uncertain how rapidly they will develop. It is also uncertain whether our products will achieve
high levels of demand and acceptance as these markets grow. If companies in the industries we serve do not perceive or value the
benefits of our technologies and products, or if they are unwilling to adopt our products as alternatives to traditional power
solutions, the market for our products and services may not develop or may develop more slowly than we expect, which could significantly
and adversely impact our operating results. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">As a
supplier to the renewable energy, microgrid and related industries, we may be subject to business cycles. The timing, length,
and volatility of these business cycles may be difficult to predict. These industries may be cyclical due to sudden changes in
customers&rsquo; manufacturing capacity requirements and spending, which depend in part on capacity utilization, demand for customers&rsquo;
products, inventory levels relative to demand, and access to affordable capital. These changes may affect the timing and amounts
of customers&rsquo; purchases and investments in technology, and affect our orders, net sales, operating expenses, and net income.
In addition, we may not be able to respond adequately or quickly to the declines in demand by reducing our costs. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">To meet
rapidly changing demand in each of the industries we serve, we must effectively manage our resources and production capacity.
During periods of decreasing demand for our products, we must be able to appropriately align our cost structure with prevailing
market conditions, effectively manage our supply chain, and motivate and retain key employees. During periods of increasing demand,
we must have sufficient inventory to fulfill customer orders, effectively manage our supply chain, and attract, retain, and motivate
a sufficient number of qualified individuals. If we are not able to timely and appropriately adapt to changes in our business
environment or to accurately assess where we are positioned within a business cycle, our business, financial condition, or results
of operations may be materially and adversely affected.&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>The
industries in which we compete are highly competitive and we may be unable to successfully compete to survive.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We compete
in the market for renewable energy products and microgrid technology and associated services that is intensely competitive. Evolving
industry standards, rapid price changes and product obsolescence also impact the market. Our competitors include many domestic
and foreign companies, most of which have substantially greater financial, marketing, personnel and other resources than we do.
Our current competitors or new market entrants could introduce new or enhanced technologies, products or services with features
that render our technologies, products or services obsolete, less competitive or less marketable. Our success will be dependent
upon our ability to develop products that are superior to existing products and products introduced in the future, and which are
cost effective. In addition, we may be required to continually enhance any products that are developed as well as introduce new
products that keep pace with technological change and address the increasingly sophisticated needs of the marketplace. Even if
our current technologies prove to be commercially feasible, there is extensive research and development being conducted on alternative
energy sources that may render our technologies and protocols obsolete or otherwise non-competitive.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">There
can be no assurance that we will be able to keep pace with the technological demands of the marketplace or successfully develop
products that will succeed in the marketplace. As a small company, we will be at a competitive disadvantage to most of our competitors,
which include larger, established companies that have substantially greater financial, technical, manufacturing, marketing, distribution
and other resources than us. There can be no assurance that we will have the capital resources available to undertake the research
that may be necessary to upgrade our equipment or develop new devices to meet the efficiencies of changing technologies. Our inability
to adapt to technological change could have a materially adverse effect on our results of operations.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>To
date we have had only sixteen customers for our Microgrid services and System and none for our Gasifiers so we cannot assure you
that our customer base will increase. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We had
revenue from fourteen customers in our fiscal year ending September 30, 2018. We cannot assure you that our customer base will
expand or that any decline in net revenue attributable to customer losses will be replaced in a timely manner. If we fail to commercialize
our products and services and increase our customer base, our business will fail.&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Product
development is an inherently uncertain process, and we may encounter unanticipated development challenges and may not be able
to meet our product development and commercialization milestones.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Product
development and testing may be subject to unanticipated and significant delays, expenses and technical or other problems. We cannot
guarantee that we will successfully achieve our milestones within our planned timeframe or ever. We develop prototypes of planned
products prior to the full commercialization of these products. We cannot predict whether prototypes of future products will achieve
results consistent with our expectations. A prototype could cost significantly more than expected or the prototype design and
construction process could uncover problems that are not consistent with our expectations. Prototypes of emerging products are
a material part of our business plan, and if they are not proven to be successful, our business and prospects could be harmed.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">More
generally, the commercialization of our products may also be adversely affected by many factors not within our control, including:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">the
    willingness of market participants to try a new product and the perceptions of these market participants of the safety, reliability,
    functionality and cost effectiveness of our products; </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">the
    emergence of newer, possibly more effective technologies;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">the
    future cost and availability of the raw materials and components needed to manufacture and use our products; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">the
    adoption of new regulatory or industry standards that may adversely affect the use or cost of our products. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Accordingly,
we cannot predict that our products will be accepted on a scale sufficient to support development of mass markets for them.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
rely on patents and proprietary rights to protect our technology, and enforcing those rights could disrupt our business operation
and divert precious resources that could ultimately harm our future prospects. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We rely
on a combination of trade secrets, confidentiality agreements and procedures and patents to protect our proprietary technologies.
We own patent numbers 8,518,133 and 8,105,401 &lsquo;Parallel Path, Downdraft Gasifier Apparatus and Method'&rsquo; and patent
number 9,359,567 &lsquo;Gasification Method Using Feedstock Comprising Gaseous Fuel&rsquo;&ndash; which covers our Gasifier technology.
We also own patent number 8,342,829 entitled &lsquo;Electrolytic Reactor and Related Methods for Supplementing the Air Intake
of an Internal Combustion Engine.&rsquo;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">The claims
contained in any patent may not provide adequate protection for our products and technology. In the absence of patent protection,
we may be vulnerable to competitors who attempt to copy our products or gain access to our trade secrets and know-how. In addition,
the laws of foreign countries may not protect our proprietary rights to this technology to the same extent as the laws of the
U.S.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">If a
dispute arises concerning our technology, we could become involved in litigation that might involve substantial cost. Litigation
could divert substantial management attention away from our operations and into efforts to enforce our patents, protect our trade
secrets or know-how or determine the scope of the proprietary rights of others. If a proceeding resulted in adverse findings,
we could be subject to significant liabilities to third parties. We might also be required to seek licenses from third parties
to manufacture or sell our products. Our ability to manufacture and sell our products may also be adversely affected by other
unforeseen factors relating to the proceeding or its outcome.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>As
we continue to grow and to develop our intellectual property, we could attract threats from patent monetization firms or competitors
alleging infringement of intellectual property rights.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Some
of our competitors may be able to sustain the costs of complex patent litigation more effectively than we can because they have
substantially greater resources. If we do not prevail in this type of litigation, we may be required to: pay monetary damages;
stop commercial activities relating to our product; obtain one or more licenses in order to secure the rights to continue manufacturing
or marketing certain products; or attempt to compete in the market with substantially similar products. Uncertainties resulting
from the initiation and continuation of any litigation could limit our ability to continue some of our operations. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>A
material part of our success will depend on our ability to manage our suppliers and contract manufacturers. Our failure to manage
our suppliers and contract manufacturers could materially and adversely affect our results of operations and relations with our
customers.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We rely
upon suppliers to provide the components necessary to build our products and on contract manufacturers to procure components and
assemble our products. There can be no assurance that key suppliers and contract manufacturers will provide components or products
in a timely and cost efficient manner or otherwise meet our needs and expectations. Our ability to manage such relationships and
timely replace suppliers and contract manufacturers, if necessary, is critical to our success. Our failure to timely replace our
contract manufacturers and suppliers, should that become necessary, could materially and adversely affect our results of operations
and relations with our customers.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>If
we are the subject of future product defect or liability suits, our business will likely fail. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">In the
course of our planned operations, we may become subject to legal actions based on a claim that our products are defective in workmanship
or have caused personal or other injuries. We currently maintain liability insurance but there can be no guarantee that such coverage
may not be adequate to cover all potential claims. Moreover, even if we are able to maintain sufficient insurance coverage in
the future, any successful claim could significantly harm our business, financial condition and results of operations.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
may be exposed to lawsuits and other claims if our products malfunction, which could increase our expenses, harm our reputation
and prevent us from growing our business.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Any liability
for damages resulting from malfunctions of our products could be substantial, increase our expenses and prevent us from growing
or continuing our business. Potential customers may rely on our products for critical needs and a malfunction of our products
could result in warranty claims or other product liability. In addition, a well-publicized actual or perceived problem could adversely
affect the market&rsquo;s perception of our products. This could result in a decline in demand for our products, which would reduce
revenue and harm our business. Further, since our products are used in systems that are made up on components made by other manufacturers,
we may be subject to product liability claims even if our products do not malfunction.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Any
failure by management to properly manage growth could have a material adverse effect on our business, operating results and financial
condition.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">If our
business develops as expected, we anticipate that we will grow rapidly in the near future. Our failure to properly manage our
expected rapid growth could have a material adverse effect on our ability to retain key personnel. Our expansion could also place
significant demands on our management, operations, systems, accounting, internal controls and financial resources. If we experience
difficulties in any of these areas, we may not be able to expand our business successfully or effectively manage our growth. Any
failure by management to manage growth and to respond to changes in our business could have a material adverse effect on our business,
financial condition and results of operations.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>The
lack of management experience in the renewable energy and microgrid industries could adversely affect our company. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Some
members of management and the board of directors may not have prior experience in the energy industry. Some members do, however,
have extensive work experience in the reclamation, environmental industries, energy industries, financial/accounting industries,
and business management. The lack of experience in the alternative energy industry may impair our managements&rsquo; and directors&rsquo;
ability to evaluate and make decisions involving our current operations and any future projects we may undertake in the alternative
energy industry. Such impairment and lack of experience could adversely affect our business, financial condition and future operations.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>If
we are unable to attract and retain a sufficient number of skilled experts and workers our ability to pursue projects may be adversely
affected and our costs may increase. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Our rate
of growth will be confined by resource limitations as competitors and customers compete for increasingly scarce resources. We
believe that our success depends upon our ability to attract, develop and retain a sufficient number of affordable trained experts
that can execute our operational strategy. The demand for trained software engineers, electrical engineers and other skilled workers
is currently high. If we are unable to attract and retain a sufficient number of skilled personnel, our ability to pursue projects
may be adversely affected and the costs of performing our existing and future projects may increase, which may adversely impact
our margins.</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
have engaged in and may engage in acquisitions that could disrupt our business, cause dilution to our stockholders and reduce
our financial resources.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We have
been involved in significant acquisitions in our lifespan. In the future, we may enter into transactions to acquire other businesses,
products or technologies. If we do identify suitable candidates, we may not be able to make such acquisitions on favorable terms
or at all. Any acquisitions we have made or plan to make may not strengthen our competitive position, and these transactions may
be viewed negatively by customers or investors. We have and may decide in the future to incur debt in connection with an acquisition
or issue our common stock or other securities to the stockholders of the acquired company, which would reduce the percentage ownership
of our existing stockholders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We <FONT STYLE="letter-spacing: -0.1pt">could
incur losses resulting from undiscovered liabilities of the acquired business that are not covered by the indemnification we may
obtain from the seller. In addition, we may not be able to successfully integrate the acquired personnel, technologies and operations
into our existing business in an effective, timely and non-disruptive manner. Acquisitions may also divert management from day-to-day
responsibilities, increase our expenses and reduce our cash available for operations and other uses. We cannot predict the number,
timing or size of future acquisitions or the effect that the acquisition we have engaged in or any such future transactions might
have on our operating results.</FONT></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Our
business is substantially dependent on utility rate structures and government incentive programs that encourage the use of alternative
energy sources. The reduction or elimination of government subsidies and economic incentives for energy-related technologies would
harm our business.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We believe
that near-term growth of energy-related technologies, including power conversion technology, relies partly on the availability
and size of government and economic incentives and grants (including, but not limited to, the U.S. Investment Tax Credit and various
state and local incentive programs). These incentive programs could be challenged by utility companies, or for other reasons found
to be unconstitutional, and/or could be reduced or discontinued for other reasons. The reduction, elimination, or expiration of
government subsidies and economic incentives could harm our business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">A combination
of utility rate structures and government subsidies that encourage the use of alternative energy sources is a primary driver of
demand for our products. For example, public utilities are often allowed to collect demand charges on commercial and industrial
customers in addition to traditional usage charges. In addition, the federal government and many states encourage the use of alternative
energy sources through a combination of direct subsidies and tariff incentives such as net metering for users that use alternative
energy sources such as solar power. California also encourages alternative energy technology through its Self-Generation Incentive
Program, or SGIP, which offers rebates for businesses and consumers who adopt certain new technologies. Other states have similar
incentives and mandates which encourage the adoption of alternative energy sources. Notwithstanding the adoption of other incentive
programs, we expect that California will be the most significant market for the sale of our products in the near term. Should
California or another state in which we derive a substantial portion of our product revenues in the future change its utility
rate structure or eliminate or significantly reduce its incentive programs, demand for our products could be substantially affected,
which would adversely affect our business prospects, financial condition and operating results.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Acquisitions could disrupt
our operations and harm our operating results.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may seek additional opportunities
to expand our product offerings or the markets we serve by acquiring other companies, product lines, technologies and personnel.
Acquisitions involve numerous risks, including the following:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">difficulties
                                         integrating the operations, technologies, products, and personnel of an acquired company
                                         or being subjected to liability for the target&rsquo;s pre&ndash;acquisition activities
                                         or operations as a successor in interest;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">diversion
                                         of management&rsquo;s attention from normal daily operations of the business; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">potential
                                         difficulties completing projects associated with in&ndash;process research and development;
                                         </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">difficulties
                                         entering markets in which we have no or limited prior experience, especially when competitors
                                         in such markets have stronger market positions; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">initial
                                         dependence on unfamiliar supply chains or relatively small supply partners; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">insufficient
                                         revenues to offset increased expenses associated with acquisitions; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
                                         potential loss of key employees of the acquired companies; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
                                         potential for recording goodwill and intangible assets that later can be subject to impairment.
                                         </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Acquisitions may also cause us
to:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">issue
                                         common stock that would dilute our current shareholders&rsquo; percentage ownership;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">assume
                                         or otherwise be subject to liabilities of an acquired company; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">record
                                         goodwill and non&ndash;amortizable intangible assets that will be subject to impairment
                                         testing on a regular basis and potential periodic impairment charges; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">incur
                                         amortization expenses related to certain intangible assets; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">incur
                                         large acquisition and integration costs, immediate write&ndash;offs, and restructuring
                                         and other related expenses; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">become
                                         subject to litigation. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Mergers and acquisitions are
inherently risky. No assurance can be given that our acquisitions will be successful. Further, no assurance can be given that
an acquisition will not adversely affect our business, operating results, or financial condition. Failure to manage and successfully
integrate an acquisition could harm our business and operating results in a material way. Even when an acquired company has already
developed and marketed products, there can be no assurance that enhancements to those products will be made in a timely manner
or that pre&ndash;acquisition due diligence will identify all possible issues that might arise with respect to such products or
the acquired business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt 10pt; text-indent: -10pt"><FONT STYLE="color: Black"><B>Risks
Related to Our Securities</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>If
a market for our common stock does not develop, shareholders may be unable to sell their shares.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Our common
stock is quoted under the symbol &ldquo;CLSK&rdquo; on the OTCQB operated by OTC Markets Group, Inc., an electronic inter-dealer
quotation medium for equity securities. We do not currently have an active trading market. There can be no assurance that an active
and liquid trading market will develop or, if developed, that it will be sustained.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Our securities
are thinly traded. Accordingly, it may be difficult to sell shares of our common stock without significantly depressing the value
of the stock. Unless we are successful in developing continued investor interest in our stock, sales of our stock could continue
to result in major fluctuations in the price of the stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Our
common stock price may be volatile and could fluctuate widely in price, which could result in substantial losses for investors.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">The market
price of our common stock is likely to be highly volatile and could fluctuate widely in price in response to various factors,
many of which are beyond our control, including:</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">technological
    innovations or new products and services by us or our competitors;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">government
    regulation of our products and services;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">the
    establishment of partnerships with other technology companies;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">intellectual
    property disputes;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">additions
    or departures of key personnel;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">sales
    of our common stock</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">our
    ability to integrate operations, technology, products and services;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">our
    ability to execute our business plan;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">operating
    results below expectations;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">loss
    of any strategic relationship;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">industry
    developments;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">economic
    and other external factors; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black; letter-spacing: -0.1pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; letter-spacing: -0.1pt">period-to-period
    fluctuations in our financial results.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Because
we have limited revenues to date, you should consider any one of these factors to be material. Our stock price may fluctuate widely
as a result of any of the above.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">In addition,
the securities markets have from time to time experienced significant price and volume fluctuations that are unrelated to the
operating performance of particular companies. These market fluctuations may also materially and adversely affect the market price
of our common stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
have the right to issue shares of preferred stock. If we were to issue preferred stock, it is likely to have rights, preferences
and privileges that may adversely affect the common stock.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We are
authorized to issue 10,000,000 shares of &ldquo;blank check&rdquo; preferred stock, with such rights, preferences and privileges
as may be determined from time-to-time by our board of directors. Our board of directors is empowered, without stockholder approval,
to issue preferred stock in one or more series, and to fix for any series the dividend rights, dissolution or liquidation preferences,
redemption prices, conversion rights, voting rights, and other rights, preferences and privileges for the preferred stock. We
currently have 1,000,000 shares of our preferred stock outstanding, the features of which are contained elsewhere in this annual
report. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">The issuance
of shares of preferred stock, depending on the rights, preferences and privileges attributable to the preferred stock, could reduce
the voting rights and powers of the common stock and the portion of our assets allocated for distribution to common stockholders
in a liquidation event, and could also result in dilution in the book value per share of the common stock we are offering. The
preferred stock could also be utilized, under certain circumstances, as a method for raising additional capital or discouraging,
delaying or preventing a change in control of the Company, to the detriment of the investors in the common stock offered hereby.
We cannot assure you that we will not, under certain circumstances, issue shares of our preferred stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>We
have not paid dividends in the past and have no immediate plans to pay dividends.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">We plan
to reinvest all of our earnings, to the extent we have earnings, in order to market our products and to cover operating costs
and to otherwise become and remain competitive. We do not plan to pay any cash dividends with respect to our securities in the
foreseeable future. We cannot assure you that we would, at any time, generate sufficient surplus cash that would be available
for distribution to the holders of our common stock as a dividend. Therefore, you should not expect to receive cash dividends
on our common stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>If
securities or industry analysts do not publish or do not continue to publish research or reports about our business, or if they
issue an adverse or misleading opinion regarding our stock, our stock price and trading volume could decline.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">The trading
market for our common stock is influenced by the research and reports that industry or securities analysts publish about us or
our business. If any of the analysts who cover us now or in the future issue an adverse opinion regarding our stock, our stock
price would likely decline. If one or more of these analysts ceases coverage of our company or fail to publish reports on us regularly,
we could lose visibility in the financial markets, which in turn could cause our stock price or trading volume to decline.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"><B><I>Provisions
in the Nevada Revised Statutes and our Bylaws could make it very difficult for an investor to bring any legal actions against
our directors or officers for violations of their fiduciary duties or could require us to pay any amounts incurred by our directors
or officers in any such actions. </I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">Members of our
board of directors and our officers will have no liability for breaches of their fiduciary duty of care as a director or officer,
except in limited circumstances, pursuant to provisions in the Nevada Revised Statutes and our Bylaws as authorized by the Nevada
Revised Statutes. Specifically, Section 78.138 of the Nevada Revised Statutes provides that a director or officer is not individually
liable to the company or its shareholders or creditors for any damages as a result of any act or failure to act in his or her
capacity as a director or officer unless it is proven that (1) the director&rsquo;s or officer&rsquo;s act or failure to act constituted
a breach of his or her fiduciary duties as a director or officer and (2) his or her breach of those duties involved intentional
misconduct, fraud or a knowing violation of law. This provision is intended to afford directors and officers protection against
and to limit their potential liability for monetary damages resulting from suits alleging a breach of the duty of care by a director
or officer. Accordingly, you may be unable to prevail in a legal action against our directors or officers even if they have breached
their fiduciary duty of care. In addition, our Bylaws allow us to indemnify our directors and officers from and against any and
all costs, charges and expenses resulting from their acting in such capacities with us. This means that if you were able to enforce
an action against our directors or officers, in all likelihood, we would be required to pay any expenses they incurred in defending
the lawsuit and any judgment or settlement they otherwise would be required to pay. Accordingly, our indemnification obligations
could divert needed financial resources and may adversely affect our business, financial condition, results of operations and
cash flows, and adversely affect prevailing market prices for our common stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black; letter-spacing: -0.1pt">&nbsp;</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black"><B><I>There is
currently no established trading market for the Debenture, the Series B Preferred Stock and Warrant and we do not expect that
one will develop. </I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black">There currently
is no established trading market for the Debenture, the Series B Preferred Stock or the Warrant. In addition, we do not intend
to apply for listing of the Debenture, the Series B Preferred Stock or Warrant on any national securities exchange or to arrange
for their quotation on any automated dealer quotation system, and we do not intend to make a market in the Debenture, the Series
B Preferred Stock or Warrant and do not expect that one will develop. As a result, we cannot assure you that an active trading
market will develop for the Debenture, the Series B Preferred Stock or the Warrant. If an active trading market does not develop
or is not maintained, the liquidity of the Debenture, the Series B Preferred Stock or the Warrant may be adversely affected. In
that case, you may not be able to sell your Debenture, Series B Preferred Stock or Warrant at a particular time, or you may not
be able to sell your Debenture, Series B Preferred Stock or Warrant at a favorable price.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black"><B><I>The sale
or availability for sale of shares issuable upon conversion or repayment of the Debenture may depress the price of our Common
Stock and encourage short sales by third parties, which could further depress the price of our Common Stock.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black">To the extent
that the purchaser of the Debenture sells shares issued upon conversion or repayment of the Debenture, the market price of our
shares may decrease due to the additional selling pressure in the market. In addition, the risk of dilution from issuances of
shares upon conversion or repayment of the Debenture may cause stockholders to sell their shares, which could further contribute
to any decline in the price of our Common Stock. Any downward pressure on the price of our Common Stock caused by the sale or
potential sale of shares issuable upon conversion or repayment of the Debenture could encourage short sales by third parties.
In a short sale, a prospective seller borrows shares from a stockholder or broker and sells the borrowed shares. The prospective
seller hopes that the share price will decline, at which time the seller can purchase shares at a lower price for delivery back
to the lender. The seller profits when the share price declines because it is purchasing shares at a price lower than the sale
price of the borrowed shares. Such sales could place downward pressure on the price of our Common Stock by increasing the number
of shares being sold, which could further contribute to any decline in the market price of our Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black"><B><I>Holders
of the Debenture will not be entitled to any rights with respect to our Common Stock, but will be subject to all changes made
with respect to our Common Stock.</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Holders of the Debenture
will not be entitled to any rights with respect to our Common Stock (including, without limitation, voting rights and rights to
receive any dividends or other distributions on our Common Stock), but holders of the Debenture will be subject to all changes
affecting our Common Stock. For example, if an amendment is proposed to our Articles of Incorporation requiring stockholder approval
and the record date for determining the stockholders of record entitled to vote on the amendment occurs prior to the relevant
holder acquiring shares of our Common Stock as a result of conversion of such holder&rsquo;s Debenture or the repayment of such
Debenture in the form of Common Stock, such holder will not be entitled to vote on the amendment, although such holder will nevertheless
be subject to any changes in the powers, preferences or special rights of our Common Stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B><I>Our management
will have broad discretion over the use of the net proceeds from this offering, you may not agree with how we use the proceeds
and the proceeds may not be invested successfully. </I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We have not designated
any portion of the net proceeds from this offering to be used for any particular purpose. Accordingly, our management will have
broad discretion as to the use of the net proceeds from any offering by us and could use them for purposes other than those contemplated
at the time of this offering. You will be relying on the judgment of our management with regard to the use of these net proceeds,
and you will not have the opportunity, as part of your investment decision, to assess whether the proceeds are being used appropriately.
It is possible that the proceeds will be invested in a way that does not yield a favorable, or any, return for our company.</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><A NAME="a_005"></A><FONT STYLE="color: Black"><B>USE
OF PROCEEDS </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt">We will retain broad discretion over the use of
the net proceeds from the sale of the securities offered hereby. We currently intend to use the net proceeds from the sale of
the securities offered hereby for working capital, to fund strategic microgrid projects and the repayment of certain outstanding
debt. We may also use a portion of the net proceeds to invest in or acquire businesses or technologies that we believe are complementary
to our own, although we have no current plans, commitments or agreements with respect to any acquisitions as of the date of this
prospectus supplement.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Our management will
retain broad discretion over the use of proceeds, and we may ultimately use the proceeds for different purposes than what we currently
intend. Until we use the proceeds for any purpose, we expect to invest them in short-term investments.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B><A NAME="a_027"></A>DILUTION</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">Our net tangible book value as of December 31, 2018
was approximately $3,266,730 or approximately $0.09 per share of common stock. Net tangible book value represents total tangible
assets less total liabilities. Net tangible book value per share represents net tangible book value divided by the total number
of shares of common stock outstanding.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">Dilution in net tangible book value per share represents
the difference between the conversion price per share of our common stock issuable under the convertible debenture and the adjusted
net tangible book value per share of our common stock after giving effect to this offering of 1,250,000 shares common stock and
the assumed sale of an estimated 7,781,986 shares of our common stock that would be issued under this offering assuming all $10,750,000,000
dollars of convertible notes and $10,750,000 face value preferred stock are converted at an estimated conversion price of $2.97,
which is 90% of the lowest trade of our common stock on April 16, 2019 less $0.075, our adjusted net tangible book value per share
of our common stock at December 31, 2018 would have been approximately $23,266,730, if the debenture had been converted in full,
or $0.52 per share of common stock. This represents an immediate increase in net tangible book value per share of our common stock
of approximately $0.43 per share to existing stockholders and an immediate dilution of approximately $1.509 per share to purchasers
in this offering. The following table illustrates this per-share dilution:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 60%">
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 71%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assumed Conversion price per share</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 1%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 2%; line-height: 107%">&nbsp;</TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="width: 12%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.97</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net tangible book value per share as of December 31, 2018</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.09</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increase per share attributable to this new investor</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.43</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD>
    <TD STYLE="text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8203;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proforma net tangible net tangible book value per share as of December&nbsp;31, 2018 after giving effect to this offering</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.52</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dilution per share to new investors</FONT></TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="text-align: right; line-height: 107%">&nbsp;</TD>
    <TD STYLE="line-height: 107%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.45</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">The foregoing table is based on 36,679,197 shares
of common stock outstanding at December 31, 2018, which excludes, as of that date:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">376,991 shares issuable upon the exercise of outstanding options;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,099,632 shares issuable upon the exercise of outstanding warrants; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,300,000 shares of common stock issuable upon exercise of the warrants to be issued under this offering which are exercisable
for a term of three years on a cash-only basis at an exercise price of $3.50 per share with respect to 2,000,000 Warrant Shares,
$4.00 with respect to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares, $7.50 with respect to 50,000 Warrant
Shares and $10.00 with respect to 50,000 Warrant Shares.</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">To the extent any of the outstanding options or warrants
are exercised, or any conversion of outstanding convertible notes, there will be further dilution to new investors.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_006"></A>PRICE
RANGE OF COMMON STOCK AND DIVIDEND POLICY </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Our common stock
is quoted on the OTCQB under the symbol &quot;CLSK.&quot; The last reported sale price of our common stock on April 16, 2019 on
the OTCQB was $3.34 per share. The following table sets forth the high and low bid quotations for our common stock for the periods
indicated as reported on the OTCQB.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 80%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="11" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>Fiscal
    Year Ending September 30, 2018</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Quarter
    Ended</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">High
    $</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Low
    $</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">September
    30, 2018</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 30%; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">15.01</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 30%; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">1.85</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">June
    30, 2018</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3.01</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">0.90</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">March
    31, 2018</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">2.44</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">0.90</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">December
    31, 2017</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3.45</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">1.70</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 80%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="11" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>Fiscal
    Year Ending September 30, 2017</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Quarter
    Ended</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">High
    $</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Low
    $</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">September
    30, 2017</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 30%; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3.45</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 30%; text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3.45</FONT></TD>
    <TD STYLE="width: 1%; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">June
    30, 2017</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">5.00</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">2.55</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">March
    31, 2017</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">5.00</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3.00</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">December
    31, 2016</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">5.00</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">3,00</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We have never declared
or paid any cash dividend on our common stock, nor do we currently intend to pay any cash dividend on our common stock in the
foreseeable future. We expect to retain our earnings, if any, for the growth and development of our business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_007"></A>DESCRIPTION
OF CAPITAL STOCK </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The description below of our
capital stock and provisions of our amended and restated certificate of incorporation and amended and restated bylaws are summaries
and are qualified by reference to the amended and restated certificate of incorporation, the amended and restated bylaws, and
the applicable provisions of Nevada law.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>General</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our articles of incorporation
authorizes us to issue up to 100,000,000 shares of common stock, $0.001 par value per share, and 10,000,000 shares of preferred
stock, $0.001 par value per share.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As of April 16, 2019, there
were 43,059,282 shares of common stock outstanding, and 1,000,000 shares of preferred stock outstanding. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Common Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Voting rights</I>. </B>Each
holder of our common stock is entitled to one vote for each share on all matters submitted to a vote of the stockholders, including
the election of directors. Our stockholders do not have cumulative voting rights in the election of directors. As a result, the
holders of a majority of the shares of common stock entitled to vote in any election of directors can elect all of the directors
standing for election, if they should so choose.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Dividends</I>. </B>Subject
to preferences that may be applicable to any then-outstanding preferred stock, holders of common stock are entitled to receive
ratably those dividends, if any, as may be declared from time to time by our board of directors out of legally available funds.
We have never declared or paid any cash dividends on our common stock. We currently intend to retain future earnings, if any,
to finance the expansion of our business. As a result, we do not anticipate paying any cash dividends in the foreseeable future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Liquidation</I>. </B>In
the event of our liquidation, dissolution or winding up of the Company, holders of common stock are entitled to share ratably
in the net assets legally available for distribution to stockholders after the payment of all of our debts and other liabilities
and the satisfaction of any liquidation preference granted to the holders of any then-outstanding shares of preferred stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Rights and preferences</I>.
</B>Holders of common stock have no preemptive, conversion or subscription rights and there are no redemption or sinking fund
provisions applicable to the common stock. The rights, preferences and privileges of the holders of common stock are subject to,
and may be adversely affected by, the rights of the holders of shares of any series of preferred stock that we may designate in
the future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt; color: Black"><B><I>Fully
paid and nonassessable</I></B><I>.</I></FONT><I><FONT STYLE="font-size: 12pt; color: Black">&nbsp;</FONT></I><FONT STYLE="font-size: 10pt; color: Black">All
of our outstanding shares of common stock are, and the shares of common stock to be issued in this offering, if any, will be,
fully paid and nonassessable.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Under our amended and restated
certificate of incorporation, our board of directors has the authority, without further action by the stockholders (unless such
stockholder action is required by applicable law or the rules of any stock exchange or market on which our securities are then
traded), to designate and issue up to 10,000,000 shares of preferred stock in one or more series, to establish from time to time
the number of shares to be included in each such series, to fix the designations, voting powers, preferences and rights of the
shares of each wholly unissued series, and any qualifications, limitations or restrictions thereof, and to increase or decrease
the number of shares of any such series, but not below the number of shares of such series then outstanding.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will fix the designations,
voting powers, preferences and rights of the preferred stock of each series, as well as the qualifications, limitations or restrictions
thereof, in a certificate of designation relating to that series. We will file as an exhibit to the registration statement of
which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of any certificate
of designation that describes the terms of the series of preferred stock we are offering before the issuance of that series of
preferred stock. This description will include:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    title and stated value;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    number of shares we are offering;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    liquidation preference per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    purchase price;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    dividend rate, period and payment date and method of calculation for dividends;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    dividends will be cumulative or non-cumulative and, if cumulative, the date from which dividends will accumulate;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    procedures for any auction and remarketing, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    provisions for a sinking fund, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    provisions for redemption or repurchase, if applicable, and any restrictions on our ability to exercise those redemption and
    repurchase rights;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    listing of the preferred stock on any securities exchange or market;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the preferred stock will be convertible into our common stock, and, if applicable, the conversion price, or how it will be
    calculated, and the conversion period;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the preferred stock will be exchangeable into debt securities, and, if applicable, the exchange price, or how it will be calculated,
    and the exchange period;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">voting
    rights, if any, of the preferred stock;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">preemptive
    rights, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">restrictions
    on transfer, sale or other assignment, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    interests in the preferred stock will be represented by depositary shares;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">a discussion
    of any material U.S. federal income tax considerations applicable to the preferred stock;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    relative ranking and preferences of the preferred stock as to dividend rights and rights if we liquidate, dissolve or wind
    up our affairs;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    limitations on the issuance of any class or series of preferred stock ranking senior to or on a parity with the series of
    preferred stock as to dividend rights and rights if we liquidate, dissolve or wind up our affairs; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    other specific terms, preferences, rights or limitations of, or restrictions on, the preferred stock.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Nevada law provides that the
holders of preferred stock will have the right to vote separately as a class (or, in some cases, as a series) on an amendment
to our certificate of incorporation if the amendment would change the par value or, unless the certificate of incorporation provided
otherwise, the number of authorized shares of the class or change the powers, preferences or special rights of the class or series
so as to adversely affect the class or series, as the case may be. This right is in addition to any voting rights that may be
provided for in the applicable certificate of designation.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our board of directors may authorize
the issuance of preferred stock with voting, exchange or conversion rights that could adversely affect the voting power or other
rights of the holders of our common stock. Preferred stock could be issued quickly with terms designed to delay or prevent a change
in control of our company or make removal of management more difficult. Additionally, the issuance of preferred stock may have
the effect of decreasing the market price of our common stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Series A Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On April 15, 2015, pursuant to
Article IV of our Articles of Incorporation, the Company&rsquo;s Board of Directors voted to designate a class of preferred stock
entitled Series A Preferred Stock, consisting of up to one million (1,000,000) shares, par value $0.001. Under the Certificate
of Designation, holders of Series A Preferred Stock will be entitled to quarterly dividends on 2% of our earnings before interest,
taxes and amortization. The dividends are payable in cash or common stock. The holders will also have a liquidation preference
on the state value of $0.02 per share plus any accumulated but unpaid dividends. The holders are further entitled to have the
Company redeem their Series A Preferred Stock for three shares of common stock in the event of a change of control and they are
entitled to vote together with the holders of the Company&rsquo;s common stock on all matters submitted to shareholders at a rate
of forty-five (45) votes for each share held.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Series B Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On April 16, 2019, pursuant
to Article IV of our Articles of Incorporation, the Company&rsquo;s Board of Directors voted to designate a class of preferred
stock entitled Series B Preferred Stock, consisting of up to one hundred thousand (100,000) shares, par value $0.001. Under the
Certificate of Designation, the holders of Series B Preferred Stock are entitled to the following powers, designations, preferences
and relative participating, optional and other special rights, and the following qualifications, limitations and restrictions,
among others as set forth in the Certificate of Designation:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         holders of shares of Series B Preferred Stock will have no right to vote on any matters,
                                         questions or proceedings of the Company including, without limitation, the election of
                                         directors;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commencing
                                         on the date of issuance, the Series B Preferred Stock will accrue cumulative in kind
                                         accruals (&ldquo;the Accruals&rdquo;) at the rate of 7.5% per annum; </FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
                                         any liquidation, dissolution or winding up of the Company, the holders of the Series
                                         B Preferred Stock will be entitled to be paid out of the assets of the Company available
                                         for distribution to its stockholders an amount with respect to each share of Series B
                                         Preferred Stock equal to $5,000.00 (the &ldquo;Face Value&rdquo;), plus an amount equal
                                         to any accrued but unpaid Accruals thereon (the &ldquo;Liquidation Value&rdquo;);</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
                                         maturity, the Company may redeem the Series B Preferred Stock by paying the holder the
                                         Liquidation Value;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Before
                                         maturity, the Company may redeem the Series B Preferred stock on 30 days&rsquo; notice
                                         by paying 145% of the outstanding Face Value per share;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
                                         the Company determines to liquidate, dissolve or wind-up its business and affairs, the
                                         Company will, within three trading days of such determination and prior to effectuating
                                         any such action, redeem all outstanding shares of Series B Preferred Stock;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
                                         the event of a conversion of any shares of Series B Preferred Stock, the Company will
                                         (a) satisfy the payment of the Conversion Premium, which is defined as the Face Value
                                         of the shares converted multiplied by the product of 7.5% and the number of whole years
                                         between issuance and maturity, and (b) issue to the holder of the shares of Series B
                                         Preferred Stock a number of conversion shares equal to the Face Value divided by the
                                         applicable Conversion Price (defined as 90% of the of the 5 lowest individual daily volume
                                         weighted average prices of the Common Stock from issuance to conversion less $0.075 per
                                         share, but no less than the Floor Price [$1.00 prior to corporate approvals to increase
                                         the authorized stock and approve the financing and $0.35 after approvals]) with respect
                                         to the number of shares converted;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">if
                                         at any time the Company grants, issues or sells any options, convertible securities or
                                         rights to purchase stock, warrants, securities or other property pro rata to the record
                                         holders of any class of shares of Common Stock (the &ldquo;Purchase Rights&rdquo;), then
                                         holder will be entitled to acquire, upon the terms applicable to such Purchase Rights,
                                         the aggregate Purchase Rights which holder could have acquired if holder had held the
                                         number of shares of Common Stock acquirable upon conversion of Series B Preferred Stock;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
                                         maturity (2 years from issuance), all outstanding shares of Series B Preferred Stock
                                         shall automatically convert into common stock at the Conversion Price; and</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
                                         no time may the holders of Series B Preferred Stock own more than 4.99% of the outstanding
                                         common stock in the Company.</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Stock Options</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Company
sponsors a stock-based incentive compensation plan known as the 2017 Incentive Plan (the &ldquo;Plan&rdquo;), which was established
by the Board of Directors of the Company on June 19, 2017. A total of 3,000,000 shares were initially reserved for issuance under
the Plan. As of December 31, 2018, there were 2,622,379 shares available for issuance under the plan.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Plan
allows the Company to grant incentive stock options, non-qualified stock options, stock appreciation right, or restricted stock.
The incentive stock options are exercisable for up to ten years, at an option price per share not less than the fair market value
on the date the option is granted. The incentive stock options are limited to persons who are regular full-time employees of the
Company at the date of the grant of the option. Non-qualified options may be granted to any person, including, but not limited
to, employees, independent agents, consultants and attorneys, who the Company&rsquo;s Board believes have contributed, or will
contribute, to the success of the Company. Non-qualified options may be issued at option prices of less than fair market value
on the date of grant and may be exercisable for up to ten years from date of grant. The option vesting schedule for options granted
is determined by the Board of Directors at the time of the grant. The Plan provides for accelerated vesting of unvested options
if there is a change in control, as defined in the Plan.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">As of December
31, 2018, there are options exercisable to purchase 329,731 shares of common stock in the Company and 47,260 unvested options
outstanding that cannot be exercised until vesting conditions are met. As of December 31, 2018, the outstanding options have a
weighted average remaining term of was 2.41 years and an intrinsic value of $445,234.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="color: Black"><B>Warrants</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As of December 31, 2018, there
are warrants exercisable to purchase 12,099,632 shares of common stock in the Company and 571,429 unvested warrants outstanding
that cannot be exercised until vesting conditions are met. 7,661,980 of the warrants require a cash investment to exercise as
follows, 50,000 required a cash investment of $0.80 per share, 4,498,647 require a cash investment of $1.50 per share, 1,250,000
require a cash investment of $2.00 per share, 1,030,000 require a cash investment of $2.50 per share, 500,000 require an investment
of $5.00 per share and 333,333 require a cash investment of $7.50 per share. 4,437,652 of the outstanding warrants contain provisions
allowing a cashless exercise at their respective exercise price.<B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>Convertible Debt</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">As of December 31, 2018, the Company had debt that is convertible
into an aggregate of 1,250,000 shares of our common stock.&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Registration Rights</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On December 28, 2018 and April
17, 2019, the Company agreed with the Investor that it will keep a registration available to cover the resale of the Warrant Shares
issued in each of the financings. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Listings</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The Company has agreed with
Investor to submit an application for listing on the Nasdaq Capital Market within 45 days of executing the Purchase Agreement.
</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Anti-Takeover Laws</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Nevada Revised Statutes sections
78.378 to 78.379 provide state regulation over the acquisition of a controlling interest in certain Nevada corporations unless
the articles of incorporation or bylaws of the corporation provide that the provisions of these sections do not apply. Our articles
of incorporation and bylaws do not state that these provisions do not apply. The statute creates a number of restrictions on the
ability of a person or entity to acquire control of a Nevada company by setting down certain rules of conduct and voting restrictions
in any acquisition attempt, among other things. The statute is limited to corporations that are organized in the state of Nevada
and that have 200 or more stockholders, at least 100 of whom are stockholders of record and residents of the State of Nevada;
and does business in the State of Nevada directly or through an affiliated corporation. Because of these conditions, the statute
currently does not apply to our company.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B><I>Transfer Agent
and Registrar</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The transfer agent and
registrar for our common stock is Action Stock Transfer. Its address is 2469 E. Fort Union Blvd, Suite 214 Salt Lake City, UT
84121. The transfer agent for any series of preferred stock, debt securities or warrants that we may offer under this prospectus
will be named and described in the prospectus supplement for that series.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B><I>Quotation</I></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">Our common stock is
quoted on the OTCQB under the symbol &quot;CLSK.&quot;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><A NAME="a_008"></A><B>DESCRIPTION OF
THE DEBENTURE, THE SERIES B PREFERRED STOCK, THE COMMON STOCK AND THE WARRANT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On April 17, 2019, we entered into a Purchase Agreement
with a third party and we are offering the $10,750,000 face value Senior Secured Redeemable Convertible Promissory Note (the &ldquo;Debenture&rdquo;),
2,150 shares of Series B Preferred Stock, 1,250,000 shares of Common Stock, a Common Stock Purchase Warrant (the &ldquo;Warrant&rdquo;)
to acquire up to 2,300,000 shares of Common Stock and the shares of our Common Stock underlying the Debenture, the Series B Preferred
Stock and the Warrant Shares.</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">As part of the transaction, our shareholders owning
and controlling more than 51% of our outstanding shares of Series A Preferred Stock and Common Stock were required to execute Voting
Agreements that required those shareholders to vote in favor of the Purchase Agreement and issuance of the securities covered thereby.</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Debenture has a maturity date two years from
the issuance date and we have agreed to pay compounded interest on the unpaid principal balance of the Debenture at the rate equal
to 7.5% per annum. Interest is payable on the date the applicable principal is converted or on maturity. The interest must be paid
in cash and, in certain circumstances, may be paid in shares of our Common Stock. The features of the Series B Preferred Stock
are discussed above in the section titled &ldquo;Description of Capital Stock.&rdquo; The Warrant is exercisable for a term of
three years on a cash-only basis at an exercise price of $3.50 per share with respect to 2,000,000 Warrant Shares, $4.00 with respect
to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares, $7.50 with respect to 50,000 Warrant Shares and $10.00
with respect to 50,000 Warrant Shares.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The purchase price for the Debenture,
Series B Preferred Stock, Common Stock and the Warrant is $20,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Upon satisfaction of closing conditions,
at the first closing we plan to sell the Debenture, the Common Stock and the Warrant for $10,000,000. At the second closing, we
plan to sell 1,075 shares of Series B Preferred Stock for $5,000,000 upon approval of our shareholders: (1) to increase our authorized
common stock from 100,000,000 shares, par value $0.001 per share, to 200,000,000 shares, and (2) to approve the Agreement and
the issuance of the Debenture, the Series B Preferred Stock, the Warrant, the Common Stock and the shares underlying the Debenture
and the Series B Preferred Stock and the Warrant Shares. We have also agreed to submit an application for listing on the Nasdaq
Capital Market within 45 days of executing the Agreement. Within 30 days of approval of the above corporate actions and upon listing
with the Nasdaq Capital Market, we have an option to sell the remaining 1,075 shares of Series B Preferred Stock at $5,000 per
share with a 7.5% OID for the sum of up to $5,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Prior to the maturity date of the Debenture,
provided that no trigger event has occurred, we will have the right at any time upon 30 trading days&rsquo; prior written notice,
in our sole and absolute discretion, to redeem all or any portion of the Debenture then outstanding by paying the holder an amount
equal to 145% of the face value of the Debenture.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The holder may convert the Debenture
into shares of our Common Stock at a conversion price equal to 90% of the mathematical average of the 5 lowest individual daily
volume weighted average prices of our Common Stock, less $0.075 per share, during the period beginning on the issuance date and
ending on the maturity date. There is a floor price of $1.00 per share until we complete the above corporate actions and then
$0.35 per share. In the event certain equity conditions exist, we may require that the holder convert the Debenture. In no event
shall the holder of the Debenture be allowed to effect a conversion if such conversion, along with all other shares of our Common
Stock beneficially owned by the holder and its affiliates would exceed 4.99% of the outstanding shares of our Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black">We do not intend
to apply to list the Debenture, the Series Preferred Stock or Warrant on any national securities exchange or any automated dealer
quotation system. Our Common Stock is listed on the OTCQB marketplace under the symbol &ldquo;CLSK.&rdquo; On April 16, 2019,
the last reported sale price of our Common Stock was $3.34 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black">We intend to use
the net proceeds received from the sale of the above securities for general corporate purposes and the repayment of certain outstanding
debt. We will not receive any additional proceeds if and when the Debenture or Series B Preferred Stock is converted, in whole
or in part, into shares of our Common Stock. We will, however, receive any additional proceeds if and when the Warrant is exercised
into shares of our Common Stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><FONT STYLE="color: Black"><B><A NAME="a_009"></A>LEGAL
MATTERS </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The validity of the
common stock and warrants offered hereby has been passed upon for us by The Doney Law Firm, Las Vegas, NV.</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><A NAME="a_010"></A><B>EXPERTS
</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The consolidated financial
statements of CleanSpark,&nbsp;Inc. for the fiscal year ended December&nbsp;31, 2017 incorporated by reference herein have been
audited by AMC Auditing, LLC, independent registered public accounting firm, as set forth in their report, incorporated by reference
herein, and are incorporated by reference in reliance upon that report given on the authority of AMC Auditing, LLC as experts
in accounting and auditing.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">On July 17, 2017, we
dismissed AMC Auditing, LLC as our independent registered public accounting firm. On July 17, 2018, we engaged MaloneBailey, LLP
as our independent registered public accounting firm.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The consolidated financial
statements of CleanSpark,&nbsp;Inc. for the fiscal year ended December&nbsp;31, 2018 incorporated by reference herein have been
audited by MaloneBailey, LLP, independent registered public accounting firm, as set forth in their report, incorporated by reference
herein, and are incorporated by reference in reliance upon that report given on the authority of MaloneBailey, LLP as experts
in accounting and auditing.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><A NAME="a_011"></A><B>WHERE
YOU CAN FIND MORE INFORMATION </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We file annual, quarterly
and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other
information that we file at the SEC's public reference room at 100&nbsp;F Street, N.E., Washington, District of Columbia 20549.
Please call the SEC at 1-800-SEC-0330 for more information on the public reference room. Our SEC filings are also available to
the public from commercial retrieval services and at the website maintained by the SEC at <I>www.sec.gov</I>. The reports and
other information filed by us with the SEC are also available at our website. The address of the Company's website is <I>www.cleanspark.com</I>.
Information contained on our website or that can be accessed through our website is not incorporated by reference into this prospectus
supplement or the accompanying prospectus.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><A NAME="a_012"></A><B>INFORMATION
INCORPORATED BY REFERENCE </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The SEC allows us to
incorporate information into this prospectus supplement &quot;by reference,&quot; which means that we can disclose important information
to you by referring you to another document that we file separately with the SEC. The information incorporated by reference is
deemed to be part of this prospectus supplement, except for any information superseded by information contained directly in this
prospectus supplement. These documents contain important information about the Company and its financial condition, business and
results.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We are incorporating
by reference the Company's filings listed below and any additional documents that we may file with the SEC pursuant to Section&nbsp;13(a),
13(c), 14 or 15(d) of the Exchange Act on or after the date we file this prospectus supplement and prior to the termination of
the offering, except we are not incorporating by reference any information furnished (but not filed) pursuant to Items 2.02, 7.01
or 8.01 of Form 8-K and corresponding information furnished under Item&nbsp;9.01 as an exhibit thereto:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Annual Report on Form 10-K for the fiscal year ended September 30, 2018, and filed with the SEC on January 15, 2019;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Quarterly Report on Form 10-Q for the quarter ended December 31, 2018, and filed with the SEC on February 14, 2019; </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Current Reports on Form 8-K filed with the SEC on February 28, 2019, January 24, 2019, January 3, 2019, January 4, 2019, December
    31, 2018, December 28, 2018, October 5, 2018, September 25, 2018, September 11, 2018, July 18, 2018, July 17, 2018, July 3,
    2018, May 8, 2018 and April 2, 2018; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    description of the our common stock contained in our registration statement on Form 10 (No. 000-53498), filed with the SEC
    on November 17, 2008, including any amendments or reports filed for the purpose of updating such description.</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">We will provide, without
charge, to each person to whom a copy of this prospectus supplement has been delivered, including any beneficial owner, a copy
of any and all of the documents referred to herein that are summarized in this prospectus supplement, if such person makes a written
or oral request directed to:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">CleanSpark,&nbsp;Inc.<BR>
70 North Main Street, Ste. 105</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">Bountiful,
Utah 84010</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">(801) 244-4405.<BR>
Attn: Corporate Secretary<BR>
<BR></FONT></P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black"><B>PROSPECTUS </B></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="color: Black"><IMG SRC="image_001.jpg" ALT="Clean Spark" STYLE="height: 47px; width: 364px"></FONT></P>

<P STYLE="font: 13.5pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>$50,000,000</B><BR>
<B>Common Stock</B></FONT></P>

<P STYLE="font: 13.5pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Preferred
Stock</B><BR>
<B>Debt Securities</B><BR>
<B>Warrants</B><BR>
</FONT></P>
















































<HR NOSHADE ALIGN="CENTER" STYLE="width: 25%; color: black">

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">From time to time, we may offer,
issue and sell up to $50,000,000 of any combination of the securities described in this prospectus in one or more offerings. We
may also offer securities as may be issuable upon conversion, redemption, repurchase, exchange or exercise of any securities registered
hereunder, including any applicable antidilution provisions.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This prospectus provides a general
description of the securities we may offer. Each time we offer securities, we will provide specific terms of the securities offered
in a supplement to this prospectus. We may also authorize one or more free writing prospectuses to be provided to you in connection
with these offerings. The prospectus supplement and any related free writing prospectus may also add, update or change information
contained in this prospectus. You should carefully read this prospectus, the applicable prospectus supplement and any related
free writing prospectus, as well as any documents incorporated by reference, before you invest in any of the securities being
offered.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>This prospectus may not be
used to consummate a sale of any securities unless accompanied by a prospectus supplement.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our common stock is quoted
on the OTCQB under the symbol &ldquo;CLSK.&rdquo; On April 16, 2019, the last reported sales price of our common stock was $3.34
per share. </FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will sell these securities
directly to investors, through agents designated from time to time or to or through underwriters or dealers, on a continuous or
delayed basis. For additional information on the methods of sale, you should refer to the section entitled &ldquo;Plan of Distribution&rdquo;
in this prospectus. If any agents or underwriters are involved in the sale of any securities with respect to which this prospectus
is being delivered, the names of such agents or underwriters and any applicable fees, commissions, discounts or option to purchase
additional securities will be set forth in a prospectus supplement. The price to the public of such securities and the net proceeds
we expect to receive from such sale will also be set forth in a prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Investing in our securities
involves a high degree of risk. You should review carefully the risks and uncertainties described under the heading &ldquo;Risk
Factors&rdquo; contained in the applicable prospectus supplement and any related free writing prospectus, and under similar headings
in the other documents that are incorporated by reference into this prospectus.</I></B></FONT></P>

<P STYLE="font: 9pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>NEITHER THE SECURITIES AND
EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.</B></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 80%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 95%; text-align: right; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>Page</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; line-height: 107%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_013">ABOUT THIS PROSPECTUS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_015">SUMMARY</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_016">RISK FACTORS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_017">SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_018">USE OF PROCEEDS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_019">DESCRIPTION OF CAPITAL STOCK</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_020">DESCRIPTION OF DEBT SECURITIES</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_021">DESCRIPTION OF WARRANTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_022">LEGAL OWNERSHIP OF SECURITIES</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_023">PLAN OF DISTRIBUTION</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_024">LEGAL MATTERS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_024">EXPERTS</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_025">WHERE YOU CAN FIND MORE INFORMATION</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; text-align: justify; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black; line-height: 106%"><A HREF="#a_026">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</A></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24<FONT STYLE="color: Black">&nbsp;</FONT></FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="a_013"></A><FONT STYLE="color: Black"><B>ABOUT
THIS PROSPECTUS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This prospectus is a part of
a registration statement on Form S-3 that we filed with the Securities and Exchange Commission, or SEC, utilizing a &ldquo;shelf&rdquo;
registration process. Under this shelf registration process, we may sell any combination of the securities described in this prospectus
in one or more offerings up to a total aggregate offering price of $50 million. This prospectus provides you with a general description
of the securities we may offer.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Each time we sell securities
under this prospectus, we will provide a prospectus supplement that will contain specific information about the terms of that
offering. We may also authorize one or more free writing prospectuses to be provided to you that may contain material information
relating to these offerings. The prospectus supplement and any related free writing prospectus that we may authorize to be provided
to you may also add, update or change information contained in this prospectus or in any documents that we have incorporated by
reference into this prospectus. You should read this prospectus, any applicable prospectus supplement and any related free writing
prospectus, together with the information incorporated herein by reference as described under the heading &ldquo;Incorporation
of Certain Information By Reference,&rdquo; before investing in any of the securities offered.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>THIS PROSPECTUS MAY NOT BE
USED TO CONSUMMATE A SALE OF SECURITIES UNLESS IT IS ACCOMPANIED BY A PROSPECTUS SUPPLEMENT.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Neither we, nor any agent, underwriter
or dealer has authorized any person to give any information or to make any representation other than those contained or incorporated
by reference in this prospectus, any applicable prospectus supplement or any related free writing prospectus prepared by or on
behalf of us or to which we have referred you. This prospectus, any applicable supplement to this prospectus or any related free
writing prospectus do not constitute an offer to sell or the solicitation of an offer to buy any securities other than the registered
securities to which they relate, nor does this prospectus, any applicable supplement to this prospectus or any related free writing
prospectus constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction to any person to
whom it is unlawful to make such offer or solicitation in such jurisdiction.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">You should not assume that the
information contained in this prospectus, any applicable prospectus supplement or any related free writing prospectus is accurate
on any date subsequent to the date set forth on the front of the document or that any information we have incorporated by reference
is correct on any date subsequent to the date of the document incorporated by reference, even though this prospectus, any applicable
prospectus supplement or any related free writing prospectus is delivered, or securities are sold, on a later date.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This prospectus contains summaries
of certain provisions contained in some of the documents described herein, but reference is made to the actual documents for complete
information. All of the summaries are qualified in their entirety by the actual documents. Copies of some of the documents referred
to herein have been filed, will be filed or will be incorporated by reference as exhibits to the registration statement of which
this prospectus is a part, and you may obtain copies of those documents as described below under the heading &ldquo;Where You
Can Find More Information.&rdquo;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;<B>&nbsp;</B></FONT></P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_015"></A>SUMMARY</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This summary highlights selected
information from this prospectus and does not contain all of the information that you need to consider in making your investment
decision. You should carefully read the entire prospectus, the applicable prospectus supplement and any related free writing prospectus,
including the risks of investing in our securities discussed under the heading &ldquo;Risk Factors&rdquo; contained in the applicable
prospectus supplement and any related free writing prospectus, and under similar headings in the other documents that are incorporated
by reference into this prospectus. You should also carefully read the information incorporated by reference into this prospectus,
including our financial statements, and the exhibits to the registration statement of which this prospectus is a part.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless the context indicates
otherwise, as used in this prospectus, the terms &ldquo;CleanSpark,&rdquo; &ldquo;the Company,&rdquo; &ldquo;we,&rdquo; &ldquo;us&rdquo;
and &ldquo;our&rdquo; refer to CleanSpark, Inc., a Nevada corporation, and, where appropriate, our consolidated subsidiaries.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Company Overview</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We are in the business of providing
advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges.
Our services consist of intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting services,
and turn-key microgrid implementation services. Our software allows energy users to obtain resiliency and economic optimization.
Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented
across commercial, industrial, military and municipal deployment.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Integral to our business is our
mPulse and mVSO software platforms (the &ldquo;Platforms&rdquo;). When the Platforms are implemented on a customer&rsquo;s power
system they are able to control the distributed energy resources on site to provide secure, sustainable energy often at significant
cost savings for our energy customers. The Platforms allows customers to efficiently manage renewable energy generation, other
distributed energy generation technologies including energy generation assets, energy storage assets, and energy consumption assets.
By having autonomous control over the distributed facets of energy usage and energy storage, customers are able to reduce their
dependency on utilities, thereby keeping energy costs relatively constant over time. The overall aim is to transform energy consumers
into energy producers by supplying power that anticipates their routine instead of interrupting it.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We also own patented gasification
technologies. Our technology converts any organic material into SynGas. SynGas can be used as clean, renewable, environmentally
friendly, warming fuel for power plants, motor vehicles, and as feedstock for the generation of DME (Di-Methyl Ether).</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As previously disclosed, we plan
to continue our focus on the CleanSpark side of the business in 2019, as opposed to expending significant efforts on the Gasifier
side of the business. We plan to continue our efforts to better our technology, service existing customers and market our System
(defined below) to prospective clients. We feel that this focus would provide the best opportunity for our shareholders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As an energy technology company,
part of our business model is to assess our technologies, product offerings and business direction and determine whether any strategic
acquisitions would benefit us. In line with our focus, on January 22, 2019 we have acquired the outstanding capital stock of Pioneer
Critical Power, Inc., a Delaware corporation, which we have since renamed and redomiciled to the State of Nevada and changed the
name to CleanSpark Critical Power Systems Inc.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As consideration for the transaction,
we issued to Pioneer Power Solutions, Inc. (&ldquo;Pioneer Power&rdquo;) a total of 1,750,000 shares of our common stock, a 5-year
warrant to purchase 500,000 shares of our common stock at an exercise price of $1.60 per share and a 5-year warrant to purchase
500,000 shares of our common stock at an exercise price of $2.00 per share.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The parties also signed additional
agreements in connection with the transaction, as previously disclosed in our SEC filings, mainly requiring Pioneer Power to indemnify
us in certain circumstances and restricting Pioneer Power from engaging in a competing business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We also signed a Contract Manufacturing
Agreement, whereby Pioneer Power shall exclusively manufacture parallel switchgears, automatic transfer switches and related control
and circuit protective equipment for us, for a period of eighteen months.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We plan to utilize the new intellectual
property we gained from the acquisition and the manufacturing agreement in place to enter into the switchgear equipment sales
industry. We acquired executed contracts and purchase orders, which we expect will result in significant gross sales during early
2019, as well as hired personnel to operate this new line of business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">As a result
of this transaction, the parties terminated a contemplated asset purchase arrangement previously disclosed in our SEC filings.&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Corporate Information</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">CleanSpark, Inc. (&ldquo;we&rdquo;,
&ldquo;our&rdquo;, the &quot;Company&quot;) was incorporated in the state of Nevada on October 15, 1987 as SmartData Corporation.
SmartData conducted a 504-public offering in the State of Nevada in December 1987 and began trading publicly in January 1988.
Due to a series of unfortunate events, including the untimely death of the founding CEO, SmartData discontinued active business
operations in 1992.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On March 25, 2014, the Company
entered into an Asset and Intellectual Property Purchase Agreement pursuant to which the Company acquired: (i) all Intellectual
Property rights, title and interest in Patent # 8,105,401 'Parallel Path, Downdraft Gasifier Apparatus and Method' and Patent
# 8,518,133 'Parallel Path, Downdraft Gasifier Apparatus and Method' and (ii) all of the Property rights, title and interest in
a 32 inch Downdraft Gasifier (&quot;Gasifier&rdquo;) and (iii) assumed $156,900 in liabilities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In December 2014, the Company
changed its name to Stratean Inc. through a short-form merger in order to better reflect the new business plan.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On July 1, 2016, the Company
entered into an Asset Purchase Agreement, as amended (the &ldquo;Purchase Agreement&rdquo;), with CleanSpark Holdings LLC, CleanSpark
LLC, CleanSpark Technologies LLC and Specialized Energy Solutions, Inc. (together, the &ldquo;Seller&rdquo;). Pursuant to the
Purchase Agreement, the Company acquired CleanSpark, LLC and all the assets related to Seller and its line of business and assumed
$200,000 in liabilities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In October 2016, the Company
changed its name to CleanSpark, Inc. through a short-form merger in order to better reflect the brand identity.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We maintain our principal executive
offices at 70 North Main Street, Suite 105, Bountiful, Utah 84010.&nbsp; Our telephone number is (801) 244-4405.&nbsp; Our website
is&nbsp;www.cleanspark.com.&nbsp;&nbsp;Information contained on our website is not incorporated by reference into this prospectus,
and such information should not be considered to be part of this prospectus.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We are an &ldquo;emerging growth
company,&rdquo; as defined in the Jumpstart Our Business Startups Act of 2012. As an emerging growth company we are eligible for
exemptions from various reporting requirements applicable to other public companies that are not emerging growth companies, including
not being required to comply with the auditor attestation requirements of Section&nbsp;404 of the Sarbanes-Oxley Act of 2002 and
reduced disclosure obligations regarding executive compensation. We will remain an emerging growth company until the earlier of
(1)&nbsp;the last day of the fiscal year (a)&nbsp;following the fifth anniversary of the closing of our initial public offering
in February 2014, (b)&nbsp;in which we have total annual gross revenue of at least $1.0 billion or (c)&nbsp;in which we are deemed
to be a large accelerated filer, which means the market value of our common stock that is held by non-affiliates exceeds $700&nbsp;million
as of the prior June&nbsp;30th, and (2)&nbsp;the date on which we have issued more than $1.0 billion in non-convertible debt during
the prior three-year period. We refer to the Jumpstart Our Business Startups Act of 2012 herein as the &ldquo;JOBS Act,&rdquo;
and references herein to &ldquo;emerging growth company&rdquo; shall have the meaning associated with it in the JOBS Act.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>The Securities We May Offer</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may offer shares of our common
stock and preferred stock, various series of debt securities and warrants to purchase any of such securities, up to a total aggregate
offering price of $50,000,000 from time to time in one or more offerings under this prospectus, together with any applicable prospectus
supplement and any related free writing prospectus, at prices and on terms to be determined by market conditions at the time of
the relevant offering. This prospectus provides you with a general description of the securities we may offer.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Each time we offer a type or
series of securities under this prospectus, we will provide a prospectus supplement that will describe the specific amounts, prices
and other important terms of the securities, including, to the extent applicable:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">designation
    or classification;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">aggregate
    principal amount or aggregate offering price;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">maturity,
    if applicable;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">original
    issue discount, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">rates
    and times of payment of interest or dividends, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">redemption,
    conversion, exchange or sinking fund terms, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">conversion
    or exchange prices or rates, if any, and, if applicable, any provisions for changes to or adjustments in the conversion or
    exchange prices or rates and in the securities or other property receivable upon conversion or exchange;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">ranking,
    if applicable;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">restrictive
    covenants, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">voting
    or other rights, if any; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">important
    United States federal income tax considerations.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The prospectus supplement and
any related free writing prospectus that we may authorize to be provided to you may also add, update or change information contained
in this prospectus or in documents we have incorporated by reference. However, no prospectus supplement or free writing prospectus
will offer a security that is not registered and described in this prospectus at the time of the effectiveness of the registration
statement of which this prospectus is a part.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>This prospectus may not be
used to consummate a sale of securities unless it is accompanied by a prospectus supplement.</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may sell the securities directly
to investors or through underwriters, dealers or agents. We, and our underwriters or agents, reserve the right to accept or reject
all or part of any proposed purchase of securities. If we do offer securities through underwriters or agents, we will include
in the applicable prospectus supplement:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    names of those underwriters or agents;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">applicable
    fees, discounts and commissions to be paid to them;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">details
    regarding option to purchase additional securities, if any; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    estimated net proceeds to us.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Common stock</B>. We may issue
shares of our common stock from time to time. The holders of our common stock are entitled to one vote for each share held of
record on all matters submitted to a vote of stockholders. Subject to preferences that may be applicable to any outstanding shares
of preferred stock, the holders of common stock are entitled to receive ratably such dividends as may be declared by our board
of directors out of legally available funds. Upon our liquidation, dissolution or winding up, holders of our common stock are
entitled to share ratably in all assets legally available for distribution to stockholders remaining after payment of liabilities
and the liquidation preferences of any outstanding shares of preferred stock. Holders of common stock have no preemptive rights
and no right to convert their common stock into any other securities. There are no redemption or sinking fund provisions applicable
to our common stock. When we issue shares of common stock under this prospectus, the shares will be fully paid and non-assessable.
The rights, preferences and privileges of the holders of common stock are subject to, and may be adversely affected by, the rights
of the holders of shares of any series of preferred stock which we may designate in the future. In this prospectus, we have summarized
certain general features of our common stock under &ldquo;Description of Capital Stock-Common Stock.&rdquo; We urge you, however,
to read the applicable prospectus supplement (and any related free writing prospectus that we may authorize to be provided to
you) related to any common stock being offered.</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Preferred stock</B>. We may
issue shares of our preferred stock from time to time, in one or more series. Under our articles of incorporation, our board of
directors has the authority, without further action by the stockholders (unless such stockholder action is required by applicable
law or the rules of any stock exchange or market on which our securities are then traded), to designate and issue up to 10,000,000
shares of preferred stock in one or more series and to fix the privileges, preferences and rights of each series of preferred
stock, any or all of which may be greater than the rights of the common stock. We are not offering previously designated series
of preferred stock, if any, under this prospectus. If we sell any new series of preferred stock under this prospectus and any
applicable prospectus supplement, our board of directors will determine the designations, voting powers, preferences and rights
of the preferred stock being offered, as well as the qualifications, limitations or restrictions thereof, including dividend rights,
conversion rights, preemptive rights, terms of redemption or repurchase, liquidation preferences, sinking fund terms and the number
of shares constituting any series or the designation of any series. Convertible preferred stock may be convertible into our common
stock or exchangeable for our other securities. Conversion may be mandatory or at the holder&rsquo;s option and would be at prescribed
conversion rates. We will file as an exhibit to the registration statement of which this prospectus is a part, or will incorporate
by reference from reports that we file with the SEC, the form of the certificate of designation that describes the terms of the
series of preferred stock that we are offering before the issuance of the related series of preferred stock. In this prospectus,
we have summarized certain general features of the preferred stock under &ldquo;Description of Capital Stock-Preferred Stock.&rdquo;
We urge you, however, to read the applicable prospectus supplement (and any related free writing prospectus that we may authorize
to be provided to you) related to the series of preferred stock being offered, as well as the complete certificate of designation
that contains the terms of the applicable series of preferred stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Debt securities</B>. We may
issue debt securities from time to time, in one or more series, as either senior or subordinated debt or as senior or subordinated
convertible debt. The senior debt securities will rank equally with any other unsecured and unsubordinated debt. The subordinated
debt securities will be subordinate and junior in right of payment, to the extent and in the manner described in the instrument
governing the debt, to all of our senior indebtedness. Convertible debt securities will be convertible into our common stock or
preferred stock. Conversion may be mandatory or at the holder&rsquo;s option and would be at prescribed conversion rates.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The debt securities will be issued
under one or more documents called indentures, which are contracts between us and a national banking association or other eligible
party, as trustee. In this prospectus, we have summarized certain general features of the debt securities. We urge you, however,
to read the applicable prospectus supplement (and any free writing prospectus that we may authorize to be provided to you) related
to the series of debt securities being offered, as well as the complete indentures that contain the terms of the debt securities.
A form of indenture has been filed as an exhibit to the registration statement of which this prospectus is a part, and supplemental
indentures and forms of debt securities containing the terms of the debt securities being offered will be filed as exhibits to
the registration statement of which this prospectus is a part or will be incorporated by reference from reports that we file with
the SEC.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Warrants.</B> We may issue
warrants for the purchase of common stock, preferred stock and/or debt securities in one or more series. We may issue warrants
independently or together with common stock, preferred stock and/or debt securities, and the warrants may be attached to or separate
from these securities. In this prospectus, we have summarized certain general features of the warrants. We urge you, however,
to read the applicable prospectus supplement (and any free writing prospectus that we may authorize to be provided to you) related
to the particular series of warrants being offered, as well as the complete warrant agreements and warrant certificates that contain
the terms of the warrants. Forms of the warrant agreements and forms of warrant certificates containing the terms of the warrants
being offered have been filed as exhibits to the registration statement of which this prospectus is a part, and supplemental warrant
agreements and forms of warrant certificates will be filed as exhibits to the registration statement of which this prospectus
is a part or will be incorporated by reference from reports that we file with the SEC.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will evidence each series
of warrants by warrant certificates that we will issue. Warrants may be issued under an applicable warrant agreement that we enter
into with a warrant agent. We will indicate the name and address of the warrant agent, if applicable, in the prospectus supplement
relating to the particular series of warrants being offered.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_016"></A>RISK FACTORS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Investing in our securities involves
a high degree of risk. You should carefully review the risks and uncertainties described under the heading &ldquo;Risk Factors&rdquo;
contained in any applicable prospectus supplement and any related free writing prospectus, and under similar headings in our Annual
Report on Form 10-K for the year ended September 30, 2018, as updated by our annual, quarterly and other reports and documents
that are incorporated by reference into this prospectus, before deciding whether to purchase any of the securities being registered
pursuant to the registration statement of which this prospectus is a part. Each of the risk factors could adversely affect our
business, operating results and financial condition, as well as adversely affect the value of an investment in our securities,
and the occurrence of any of these risks might cause you to lose all or part of your investment. Additional risks not presently
known to us or that we currently believe are immaterial may also significantly impair our business operations. Please also read
carefully the section below titled &ldquo;Special Note Regarding Forward-Looking Statements.&rdquo;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="a_017"></A><FONT STYLE="color: Black"><B>SPECIAL
NOTE REGARDING FORWARD-LOOKING STATEMENTS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This prospectus, each prospectus
supplement and the information incorporated by reference in this prospectus and each prospectus supplement contain forward-looking
statements within the meaning of Section&nbsp;27A of the Securities Act of 1933, as amended, which we refer to as the Securities
Act, and Section&nbsp;21E of the Exchange Act of 1934, as amended, which we refer to as the Exchange Act, that involve a number
of risks and uncertainties. Although our forward-looking statements reflect the good faith judgment of our management, these statements
can only be based on facts and factors currently known by us. Consequently, these forward-looking statements are inherently subject
to risks and uncertainties, and actual results and outcomes may differ materially from results and outcomes discussed in the forward-looking
statements.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Forward-looking statements can
be identified by the use of forward-looking words such as &ldquo;believes,&rdquo; &ldquo;expects,&rdquo; &ldquo;hopes,&rdquo;
&ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;plan,&rdquo; &ldquo;intends,&rdquo; &ldquo;estimates,&rdquo; &ldquo;could,&rdquo;
&ldquo;should,&rdquo; &ldquo;would,&rdquo; &ldquo;continue,&rdquo; &ldquo;seeks,&rdquo; &ldquo;pro forma,&rdquo; or &ldquo;anticipates,&rdquo;
or other similar words (including their use in the negative), or by discussions of future matters. These statements include but
are not limited to statements under the captions &ldquo;Business,&rdquo; &ldquo;Risk Factors&rdquo; and &ldquo;Management&rsquo;s
Discussion and Analysis of Financial Condition and Results of Operations&rdquo; and in other sections included in any applicable
prospectus supplement or incorporated by reference from our Annual Report on Form&nbsp;10-K and Quarterly Reports on Form&nbsp;10-Q,
as applicable, as well as our other filings with the SEC. You should be aware that the occurrence of any of the events discussed
under the heading &ldquo;Risk Factors&rdquo; in any applicable prospectus supplement and any documents incorporated by reference
herein or therein could substantially harm our business, operating results and financial condition and that if any of these events
occurs, it could adversely affect the value of an investment in our securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The cautionary statements made
in this prospectus are intended to be applicable to all related forward-looking statements wherever they may appear in this prospectus
or in any prospectus supplement or any documents incorporated by reference herein or therein. We urge you not to place undue reliance
on these forward-looking statements, which speak only as of the date they are made. Except as required by law, we assume no obligation
to update our forward-looking statements, even if new information becomes available in the future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_018"></A>USE OF
PROCEEDS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will retain broad discretion
over the use of the net proceeds from the sale of the securities offered hereby. Except as described in any prospectus supplement
or any related free writing prospectus that we may authorize to be provided to you, we currently intend to use the net proceeds
from the sale of the securities offered hereby for general corporate purposes, which may include capital expenditures, working
capital and general and administrative expenses. We may also use a portion of the net proceeds to acquire or invest in businesses
that are complementary to our own, although we have no current plans, commitments or agreements with respect to any outlay of
cash for acquisitions as of the date of this prospectus. We will set forth in the applicable prospectus supplement or free writing
prospectus our intended use for the net proceeds received from the sale of any securities sold pursuant to the prospectus supplement
or free writing prospectus. Pending these uses, we intend to invest the net proceeds in short-term obligations of the U.S. government
and its agencies.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_019"></A>DESCRIPTION
OF CAPITAL STOCK</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The description below of our
capital stock and provisions of our amended and restated certificate of incorporation and amended and restated bylaws are summaries
and are qualified by reference to the amended and restated certificate of incorporation, the amended and restated bylaws, and
the applicable provisions of Nevada law.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>General</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our articles of incorporation
authorizes us to issue up to 100,000,000 shares of common stock, $0.001 par value per share, and 10,000,000 shares of preferred
stock, $0.001 par value per share.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As of April 16, 2019, there were
43,059,282 shares of common stock outstanding, and 1,000,000 shares of preferred stock outstanding.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Common Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Voting rights</I>. </B>Each
holder of our common stock is entitled to one vote for each share on all matters submitted to a vote of the stockholders, including
the election of directors. Our stockholders do not have cumulative voting rights in the election of directors. As a result, the
holders of a majority of the shares of common stock entitled to vote in any election of directors can elect all of the directors
standing for election, if they should so choose.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Dividends</I>. </B>Subject
to preferences that may be applicable to any then-outstanding preferred stock, holders of common stock are entitled to receive
ratably those dividends, if any, as may be declared from time to time by our board of directors out of legally available funds.
We have never declared or paid any cash dividends on our common stock. We currently intend to retain future earnings, if any,
to finance the expansion of our business. As a result, we do not anticipate paying any cash dividends in the foreseeable future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Liquidation</I>. </B>In
the event of our liquidation, dissolution or winding up of the Company, holders of common stock are entitled to share ratably
in the net assets legally available for distribution to stockholders after the payment of all of our debts and other liabilities
and the satisfaction of any liquidation preference granted to the holders of any then-outstanding shares of preferred stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B><I>Rights and preferences</I>.
</B>Holders of common stock have no preemptive, conversion or subscription rights and there are no redemption or sinking fund
provisions applicable to the common stock. The rights, preferences and privileges of the holders of common stock are subject to,
and may be adversely affected by, the rights of the holders of shares of any series of preferred stock that we may designate in
the future.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt; color: Black"><B><I>Fully
paid and nonassessable</I></B><I>.</I></FONT><I><FONT STYLE="font-size: 12pt; color: Black">&nbsp;</FONT></I><FONT STYLE="font-size: 10pt; color: Black">All
of our outstanding shares of common stock are, and the shares of common stock to be issued in this offering, if any, will be,
fully paid and nonassessable.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Under our amended and restated
certificate of incorporation, our board of directors has the authority, without further action by the stockholders (unless such
stockholder action is required by applicable law or the rules of any stock exchange or market on which our securities are then
traded), to designate and issue up to 10,000,000 shares of preferred stock in one or more series, to establish from time to time
the number of shares to be included in each such series, to fix the designations, voting powers, preferences and rights of the
shares of each wholly unissued series, and any qualifications, limitations or restrictions thereof, and to increase or decrease
the number of shares of any such series, but not below the number of shares of such series then outstanding.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will fix the designations,
voting powers, preferences and rights of the preferred stock of each series, as well as the qualifications, limitations or restrictions
thereof, in a certificate of designation relating to that series. We will file as an exhibit to the registration statement of
which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of any certificate
of designation that describes the terms of the series of preferred stock we are offering before the issuance of that series of
preferred stock. This description will include:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    title and stated value;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    number of shares we are offering;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    liquidation preference per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    purchase price;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    dividend rate, period and payment date and method of calculation for dividends;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    dividends will be cumulative or non-cumulative and, if cumulative, the date from which dividends will accumulate;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    procedures for any auction and remarketing, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    provisions for a sinking fund, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    provisions for redemption or repurchase, if applicable, and any restrictions on our ability to exercise those redemption and
    repurchase rights;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    listing of the preferred stock on any securities exchange or market;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the preferred stock will be convertible into our common stock, and, if applicable, the conversion price, or how it will be
    calculated, and the conversion period;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the preferred stock will be exchangeable into debt securities, and, if applicable, the exchange price, or how it will be calculated,
    and the exchange period;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">voting
    rights, if any, of the preferred stock;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">preemptive
    rights, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">restrictions
    on transfer, sale or other assignment, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    interests in the preferred stock will be represented by depositary shares;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">a discussion
    of any material U.S. federal income tax considerations applicable to the preferred stock;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    relative ranking and preferences of the preferred stock as to dividend rights and rights if we liquidate, dissolve or wind
    up our affairs;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    limitations on the issuance of any class or series of preferred stock ranking senior to or on a parity with the series of
    preferred stock as to dividend rights and rights if we liquidate, dissolve or wind up our affairs; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    other specific terms, preferences, rights or limitations of, or restrictions on, the preferred stock.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Nevada law provides that the
holders of preferred stock will have the right to vote separately as a class (or, in some cases, as a series) on an amendment
to our certificate of incorporation if the amendment would change the par value or, unless the certificate of incorporation provided
otherwise, the number of authorized shares of the class or change the powers, preferences or special rights of the class or series
so as to adversely affect the class or series, as the case may be. This right is in addition to any voting rights that may be
provided for in the applicable certificate of designation.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our board of directors may authorize
the issuance of preferred stock with voting, exchange or conversion rights that could adversely affect the voting power or other
rights of the holders of our common stock. Preferred stock could be issued quickly with terms designed to delay or prevent a change
in control of our company or make removal of management more difficult. Additionally, the issuance of preferred stock may have
the effect of decreasing the market price of our common stock.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Series A Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On April 15, 2015, pursuant to
Article IV of our Articles of Incorporation, the Company&rsquo;s Board of Directors voted to designate a class of preferred stock
entitled Series A Preferred Stock, consisting of up to one million (1,000,000) shares, par value $0.001. Under the Certificate
of Designation, holders of Series A Preferred Stock will be entitled to quarterly dividends on 2% of our earnings before interest,
taxes and amortization. The dividends are payable in cash or common stock. The holders will also have a liquidation preference
on the state value of $0.02 per share plus any accumulated but unpaid dividends. The holders are further entitled to have the
Company redeem their Series A Preferred Stock for three shares of common stock in the event of a change of control and they are
entitled to vote together with the holders of the Company&rsquo;s common stock on all matters submitted to shareholders at a rate
of forty-five (45) votes for each share held.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Series B Preferred Stock</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On April 16, 2019, pursuant to
Article IV of our Articles of Incorporation, the Company&rsquo;s Board of Directors voted to designate a class of preferred stock
entitled Series B Preferred Stock, consisting of up to one hundred thousand (100,000) shares, par value $0.001. Under the Certificate
of Designation, holders of Series B Preferred Stock will be entitled to the following powers, designations, preferences and relative
participating, optional and other special rights, and the following qualifications, limitations and restrictions, among others
as set forth in the Certificate of Designation:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
                                         holders of shares of Series B Preferred Stock will have no right to vote on any matters,
                                         questions or proceedings of the Company including, without limitation, the election of
                                         directors;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Commencing
                                         on the date of issuance, the Series B Preferred Stock will accrue cumulative in kind
                                         accruals (&ldquo;the Accruals&rdquo;) at the rate of 7.5% per annum; </FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Upon
                                         any liquidation, dissolution or winding up of the Company, the holders of the Series
                                         B Preferred Stock will be entitled to be paid out of the assets of the Company available
                                         for distribution to its stockholders an amount with respect to each share of Series B
                                         Preferred Stock equal to $5,000.00 (the &ldquo;Face Value&rdquo;), plus an amount equal
                                         to any accrued but unpaid Accruals thereon (the &ldquo;Liquidation Value&rdquo;);</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">On
                                         maturity, the Company may redeem the Series B Preferred Stock by paying the holder the
                                         Liquidation Value;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Before
                                         maturity, the Company may redeem the Series B Preferred stock on 30 days&rsquo; notice
                                         by paying 145% of the outstanding Face Value per share;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">If
                                         the Company determines to liquidate, dissolve or wind-up its business and affairs, the
                                         Company will, within three trading days of such determination and prior to effectuating
                                         any such action, redeem all outstanding shares of Series B Preferred Stock;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
                                         the event of a conversion of any shares of Series B Preferred Stock, the Company will
                                         (a) satisfy the payment of the Conversion Premium, which is defined as the Face Value
                                         of the shares converted multiplied by the product of 7.5% and the number of whole years
                                         between issuance and maturity, and (b) issue to the holder of the shares of Series B
                                         Preferred Stock a number of conversion shares equal to the Face Value divided by the
                                         applicable Conversion Price (defined as 90% of the of the 5 lowest individual daily volume
                                         weighted average prices of the Common Stock from issuance to conversion less $0.075 per
                                         share, but no less than the Floor Price [$1.00 prior to corporate approvals to increase
                                         the authorized stock and approve the financing and $0.35 after approvals]) with respect
                                         to the number of shares converted;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">if
                                         at any time the Company grants, issues or sells any options, convertible securities or
                                         rights to purchase stock, warrants, securities or other property pro rata to the record
                                         holders of any class of shares of Common Stock (the &ldquo;Purchase Rights&rdquo;), then
                                         holder will be entitled to acquire, upon the terms applicable to such Purchase Rights,
                                         the aggregate Purchase Rights which holder could have acquired if holder had held the
                                         number of shares of Common Stock acquirable upon conversion of Series B Preferred Stock;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">At
                                         maturity (2 years from issuance), all outstanding shares of Series B Preferred Stock
                                         shall automatically convert into common stock at the Conversion Price; and</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Wingdings">&#167;</FONT></FONT></TD><TD><FONT STYLE="color: Black"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">At
                                         no time may the holders of Series B Preferred Stock own more than 4.99% of the outstanding
                                         common stock in the Company.</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Stock Options</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Company
sponsors a stock-based incentive compensation plan known as the 2017 Incentive Plan (the &ldquo;Plan&rdquo;), which was established
by the Board of Directors of the Company on June 19, 2017. A total of 3,000,000 shares were initially reserved for issuance under
the Plan. As of December 31, 2018, there were 2,622,379 shares available for issuance under the plan.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Plan
allows the Company to grant incentive stock options, non-qualified stock options, stock appreciation right, or restricted stock.
The incentive stock options are exercisable for up to ten years, at an option price per share not less than the fair market value
on the date the option is granted. The incentive stock options are limited to persons who are regular full-time employees of the
Company at the date of the grant of the option. Non-qualified options may be granted to any person, including, but not limited
to, employees, independent agents, consultants and attorneys, who the Company&rsquo;s Board believes have contributed, or will
contribute, to the success of the Company. Non-qualified options may be issued at option prices of less than fair market value
on the date of grant and may be exercisable for up to ten years from date of grant. The option vesting schedule for options granted
is determined by the Board of Directors at the time of the grant. The Plan provides for accelerated vesting of unvested options
if there is a change in control, as defined in the Plan.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">As of December
31, 2018, there are options exercisable to purchase 329,731 shares of common stock in the Company and 47,260 unvested options
outstanding that cannot be exercised until vesting conditions are met. As of December 31, 2018, the outstanding options have a
weighted average remaining term of was 2.41 years and an intrinsic value of $445,234.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="color: Black"><B>Warrants</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As of December 31, 2018, there
are warrants exercisable to purchase 12,099,632 shares of common stock in the Company and 571,429 unvested warrants outstanding
that cannot be exercised until vesting conditions are met. 7,661,980 of the warrants require a cash investment to exercise as
follows, 50,000 required a cash investment of $0.80 per share, 4,498,647 require a cash investment of $1.50 per share, 1,250,000
require a cash investment of $2.00 per share, 1,030,000 require a cash investment of $2.50 per share, 500,000 require an investment
of $5.00 per share and 333,333 require a cash investment of $7.50 per share. 4,437,652 of the outstanding warrants contain provisions
allowing a cashless exercise at their respective exercise price.<B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>Convertible Debt</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">As of December 31, 2018, the Company had debt that is convertible
into an aggregate of 1,250,000 shares of our common stock.&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Registration Rights</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">On December 28, 2018 and April
17, 2019, the Company agreed with the Investor that it will keep a registration available to cover the resale of the Warrant Shares
issued in each of the financings.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Anti-Takeover Laws</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Nevada Revised Statutes sections
78.378 to 78.379 provide state regulation over the acquisition of a controlling interest in certain Nevada corporations unless
the articles of incorporation or bylaws of the corporation provide that the provisions of these sections do not apply. Our articles
of incorporation and bylaws do not state that these provisions do not apply. The statute creates a number of restrictions on the
ability of a person or entity to acquire control of a Nevada company by setting down certain rules of conduct and voting restrictions
in any acquisition attempt, among other things. The statute is limited to corporations that are organized in the state of Nevada
and that have 200 or more stockholders, at least 100 of whom are stockholders of record and residents of the State of Nevada;
and does business in the State of Nevada directly or through an affiliated corporation. Because of these conditions, the statute
currently does not apply to our company.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Transfer Agent And Registrar</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The transfer agent and registrar
for our common stock is Action Stock Transfer. Its address is 2469 E. Fort Union Blvd, Suite 214 Salt Lake City, UT 84121. The
transfer agent for any series of preferred stock, debt securities or warrants that we may offer under this prospectus will be
named and described in the prospectus supplement for that series.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>OTC Markets</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our common stock is quoted on
the OTCQB under the symbol &ldquo;CLSK.&rdquo;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_020"></A>DESCRIPTION
OF DEBT SECURITIES</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may issue debt securities
from time to time, in one or more series, as either senior or subordinated debt or as senior or subordinated convertible debt.
While the terms we have summarized below will apply generally to any debt securities that we may offer under this prospectus,
we will describe the particular terms of any debt securities that we may offer in more detail in the applicable prospectus supplement.
The terms of any debt securities offered under a prospectus supplement may differ from the terms described below. Unless the context
requires otherwise, whenever we refer to the indenture, we also are referring to any supplemental indentures that specify the
terms of a particular series of debt securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will issue the debt securities
under the indenture that we will enter into with the trustee named in the indenture. The indenture will be qualified under the
Trust Indenture Act of 1939, as amended, or the Trust Indenture Act. We have filed the form of indenture as an exhibit to the
registration statement of which this prospectus is a part, and supplemental indentures and forms of debt securities containing
the terms of the debt securities being offered will be filed as exhibits to the registration statement of which this prospectus
is a part or will be incorporated by reference from reports that we file with the SEC.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The following summary of material
provisions of the debt securities and the indenture is subject to, and qualified in its entirety by reference to, all of the provisions
of the indenture applicable to a particular series of debt securities. We urge you to read the applicable prospectus supplements
and any related free writing prospectuses related to the debt securities that we may offer under this prospectus, as well as the
complete indenture that contains the terms of the debt securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>General</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The indenture does not limit
the amount of debt securities that we may issue. It provides that we may issue debt securities up to the principal amount that
we may authorize and may be in any currency or currency unit that we may designate. Except for the limitations on consolidation,
merger and sale of all or substantially all of our assets contained in the indenture, the terms of the indenture do not contain
any covenants or other provisions designed to give holders of any debt securities protection against changes in our operations,
financial condition or transactions involving us.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black"></FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may issue the debt securities
issued under the indenture as &ldquo;discount securities,&rdquo; which means they may be sold at a discount below their stated
principal amount. These debt securities, as well as other debt securities that are not issued at a discount, may be issued with
&ldquo;original issue discount,&rdquo; or OID, for U.S. federal income tax purposes because of interest payment and other characteristics
or terms of the debt securities. Material U.S. federal income tax considerations applicable to debt securities issued with OID
will be described in more detail in any applicable prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will describe in the applicable
prospectus supplement the terms of the series of debt securities being offered, including:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    title of the series of debt securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    limit upon the aggregate principal amount that may be issued;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    maturity date or dates;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    form of the debt securities of the series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    applicability of any guarantees;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    or not the debt securities will be secured or unsecured, and the terms of any secured debt;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the debt securities rank as senior debt, senior subordinated debt, subordinated debt or any combination thereof, and the terms
    of any subordination;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if the
    price (expressed as a percentage of the aggregate principal amount thereof) at which such debt securities will be issued is
    a price other than the principal amount thereof, the portion of the principal amount thereof payable upon declaration of acceleration
    of the maturity thereof, or if applicable, the portion of the principal amount of such debt securities that is convertible
    into another security or the method by which any such portion shall be determined;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    interest rate or rates, which may be fixed or variable, or the method for determining the rate and the date interest will
    begin to accrue, the dates interest will be payable and the regular record dates for interest payment dates or the method
    for determining such dates;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">our
    right, if any, to defer payment of interest and the maximum length of any such deferral period;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if applicable,
    the date or dates after which, or the period or periods during which, and the price or prices at which, we may, at our option,
    redeem the series of debt securities pursuant to any optional or provisional redemption provisions and the terms of those
    redemption provisions;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    date or dates, if any, on which, and the price or prices at which we are obligated, pursuant to any mandatory sinking fund
    or analogous fund provisions or otherwise, to redeem, or at the holder&rsquo;s option to purchase, the series of debt securities
    and the currency or currency unit in which the debt securities are payable;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    denominations in which we will issue the series of debt securities, if other than denominations of $1,000 and any integral
    multiple thereof;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    and all terms, if applicable, relating to any auction or remarketing of the debt securities of that series and any security
    for our obligations with respect to such debt securities and any other terms which may be advisable in connection with the
    marketing of debt securities of that series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    the debt securities of the series shall be issued in whole or in part in the form of a global security or securities; the
    terms and conditions, if any, upon which such global security or securities may be exchanged in whole or in part for other
    individual securities; and the depositary for such global security or securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if applicable,
    the provisions relating to conversion or exchange of any debt securities of the series and the terms and conditions upon which
    such debt securities will be so convertible or exchangeable, including the conversion or exchange price, as applicable, or
    how it will be calculated and may be adjusted, any mandatory or optional (at our option or the holders&rsquo; option) conversion
    or exchange features, the applicable conversion or exchange period and the manner of settlement for any conversion or exchange;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">additions
    to or changes in the covenants applicable to the particular debt securities being issued, including, among others, the consolidation,
    merger or sale covenant;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">additions
    to or changes in the events of default with respect to the securities and any change in the right of the trustee or the holders
    to declare the principal, premium, if any, and interest, if any, with respect to such securities to be due and payable;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">additions
    to or changes in or deletions of the provisions relating to covenant defeasance and legal defeasance;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">additions
    to or changes in the provisions relating to satisfaction and discharge of the indenture;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">additions
    to or changes in the provisions relating to the modification of the indenture both with and without the consent of holders
    of debt securities issued under the indenture;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    currency of payment of debt securities if other than U.S. dollars and the manner of determining the equivalent amount in U.S.
    dollars;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    interest will be payable in cash or additional debt securities at our or the holders&rsquo; option and the terms and conditions
    upon which the election may be made;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    terms and conditions, if any, upon which we will pay amounts in addition to the stated interest, premium, if any, and principal
    amounts of the debt securities of the series to any holder that is not a &ldquo;United States person&rdquo; for federal tax
    purposes;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    restrictions on transfer, sale or assignment of the debt securities of the series; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    other specific terms, preferences, rights or limitations of, or restrictions on, the debt securities, any other additions
    or changes in the provisions of the indenture, and any terms that may be required by us or advisable under applicable laws
    or regulations</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Conversion Or Exchange Rights</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will set forth in the applicable
prospectus supplement the terms on which a series of debt securities may be convertible into or exchangeable for our common stock
or our other securities. We will include provisions as to settlement upon conversion or exchange and whether conversion or exchange
is mandatory, at the option of the holder or at our option. We may include provisions pursuant to which the number of shares of
our common stock or our other securities that the holders of the series of debt securities receive would be subject to adjustment.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Consolidation, Merger Or Sale</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we provide otherwise in
the prospectus supplement applicable to a particular series of debt securities, the indenture will not contain any covenant that
restricts our ability to merge or consolidate, or sell, convey, transfer or otherwise dispose of our assets as an entirety or
substantially as an entirety. However, any successor to or acquirer of such assets (other than a subsidiary of ours) must assume
all of our obligations under the indenture or the debt securities, as appropriate.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Events Of Default Under The
Indenture</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we provide otherwise in
the prospectus supplement applicable to a particular series of debt securities, the following are events of default under the
indenture with respect to any series of debt securities that we may issue:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if we
    fail to pay any installment of interest on any series of debt securities, as and when the same shall become due and payable,
    and such default continues for a period of 90 days; provided, however, that a valid extension of an interest payment period
    by us in accordance with the terms of any indenture supplemental thereto shall not constitute a default in the payment of
    interest for this purpose;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if we
    fail to pay the principal of, or premium, if any, on any series of debt securities as and when the same shall become due and
    payable whether at maturity, upon redemption, by declaration or otherwise, or in any payment required by any sinking or analogous
    fund established with respect to such series; provided, however, that a valid extension of the maturity of such debt securities
    in accordance with the terms of any indenture supplemental thereto shall not constitute a default in the payment of principal
    or premium, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if we
    fail to observe or perform any other covenant or agreement contained in the debt securities or the indenture, other than a
    covenant specifically relating to another series of debt securities, and our failure continues for 90 days after we receive
    written notice of such failure, requiring the same to be remedied and stating that such is a notice of default thereunder,
    from the trustee or holders of at least 25% in aggregate principal amount of the outstanding debt securities of the applicable
    series; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if specified
    events of bankruptcy, insolvency or reorganization occur.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">If an event of default with respect
to debt securities of any series occurs and is continuing, other than an event of default specified in the last bullet point above,
the trustee or the holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series, by
notice to us in writing, and to the trustee if notice is given by such holders, may declare the unpaid principal of, premium,
if any, and accrued interest, if any, of such series of debt securities due and payable immediately. If an event of default specified
in the last bullet point above occurs with respect to us, the principal amount of and accrued interest, if any, of each issue
of debt securities then outstanding shall be due and payable without any notice or other action on the part of the trustee or
any holder.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The holders of a majority in
principal amount of the outstanding debt securities of an affected series may waive any default or event of default with respect
to the series and its consequences, except defaults or events of default regarding payment of principal, premium, if any, or interest,
unless we have cured the default or event of default in accordance with the indenture. Any waiver shall cure the default or event
of default.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Subject to the terms of the indenture,
if an event of default under an indenture shall occur and be continuing, the trustee will be under no obligation to exercise any
of its rights or powers under such indenture at the request or direction of any of the holders of the applicable series of debt
securities, unless such holders have offered the trustee reasonable indemnity. The holders of a majority in principal amount of
the outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding
for any remedy available to the trustee, or exercising any trust or power conferred on the trustee, with respect to the debt securities
of that series, provided that:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    direction so given by the holder is not in conflict with any law or the applicable indenture; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">subject
    to its duties under the Trust Indenture Act, the trustee need not take any action that might involve it in personal liability
    or might be unduly prejudicial to the holders not involved in the proceeding.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">A holder of the debt securities
of any series will have the right to institute a proceeding under the indenture or to appoint a receiver or trustee, or to seek
other remedies only if:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    holder has given written notice to the trustee of a continuing event of default with respect to that series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series have made written
    request;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">such
    holders have offered to the trustee indemnity satisfactory to it against the costs, expenses and liabilities to be incurred
    by the trustee in compliance with the request; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    trustee does not institute the proceeding, and does not receive from the holders of a majority in aggregate principal amount
    of the outstanding debt securities of that series other conflicting directions within 90 days after the notice, request and
    offer.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">These limitations do not apply
to a suit instituted by a holder of debt securities if we default in the payment of the principal, premium, if any, or interest
on, the debt securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will periodically file statements
with the trustee regarding our compliance with specified covenants in the indenture.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Modification Of Indenture;
Waiver </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we provide otherwise in
the prospectus supplement applicable to a particular series of debt securities, we and the trustee may change an indenture without
the consent of any holders with respect to specific matters:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to cure
    any ambiguity, defect or inconsistency in the indenture or in the debt securities of any series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to comply
    with the provisions described above under &ldquo;Description of Debt Securities&mdash;Consolidation, Merger or Sale;&rdquo;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to provide
    for uncertificated debt securities in addition to or in place of certificated debt securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to add
    to our covenants, restrictions, conditions or provisions such new covenants, restrictions, conditions or provisions for the
    benefit of the holders of all or any series of debt securities, to make the occurrence, or the occurrence and the continuance,
    of a default in any such additional covenants, restrictions, conditions or provisions an event of default or to surrender
    any right or power conferred upon us in the indenture;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to add
    to, delete from or revise the conditions, limitations, and restrictions on the authorized amount, terms, or purposes of issue,
    authentication and delivery of debt securities, as set forth in the indenture;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to make
    any change that does not adversely affect the interests of any holder of debt securities of any series in any material respect;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to provide
    for the issuance of and establish the form and terms and conditions of the debt securities of any series as provided above
    under &ldquo;Description of Debt Securities&mdash;General&rdquo; to establish the form of any certifications required to be
    furnished pursuant to the terms of the indenture or any series of debt securities, or to add to the rights of the holders
    of any series of debt securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">o evidence
    and provide for the acceptance of appointment under any indenture by a successor trustee; or </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to comply
    with any requirements of the SEC in connection with the qualification of any indenture under the Trust Indenture Act.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In addition, under the indenture,
the rights of holders of a series of debt securities may be changed by us and the trustee with the written consent of the holders
of at least a majority in aggregate principal amount of the outstanding debt securities of each series that is affected. However,
unless we provide otherwise in the prospectus supplement applicable to a particular series of debt securities, we and the trustee
may make the following changes only with the consent of each holder of any outstanding debt securities affected:</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt; color: Black">&nbsp;</FONT><FONT STYLE="font-size: 12pt; color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">extending
    the fixed maturity of any debt securities of any series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">reducing
    the principal amount, reducing the rate of or extending the time of payment of interest, or reducing any premium payable upon
    the redemption of any series of any debt securities; or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">reducing
    the percentage of debt securities, the holders of which are required to consent to any amendment, supplement, modification
    or waiver.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 37 -->
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    <!-- Field: /Page -->

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Discharge </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The indenture provides that we
can elect to be discharged from our obligations with respect to one or more series of debt securities, except for specified obligations,
including obligations to:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">provide
    for payment;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">register
    the transfer or exchange of debt securities of the series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">replace
    stolen, lost or mutilated debt securities of the series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">pay
    principal of and premium and interest on any debt securities of the series;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">maintain
    paying agencies;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">hold
    monies for payment in trust;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">recover
    excess money held by the trustee;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">compensate
    and indemnify the trustee; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">appoint
    any successor trustee.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In order to exercise our rights
to be discharged, we must deposit with the trustee money or government obligations sufficient to pay all the principal of, any
premium, if any, and interest on, the debt securities of the series on the dates payments are due.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Form, Exchange And Transfer
</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will issue the debt securities
of each series only in fully registered form without coupons and, unless we provide otherwise in the applicable prospectus supplement,
in denominations of $1,000 and any integral multiple thereof. The indenture provides that we may issue debt securities of a series
in temporary or permanent global form and as book-entry securities that will be deposited with, or on behalf of, The Depository
Trust Company, or DTC, or another depositary named by us and identified in the applicable prospectus supplement with respect to
that series. To the extent the debt securities of a series are issued in global form and as book-entry, a description of terms
relating to any book-entry securities will be set forth in the applicable prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">At the option of the holder,
subject to the terms of the indenture and the limitations applicable to global securities described in the applicable prospectus
supplement, the holder of the debt securities of any series can exchange the debt securities for other debt securities of the
same series, in any authorized denomination and of like tenor and aggregate principal amount.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Subject to the terms of the indenture
and the limitations applicable to global securities set forth in the applicable prospectus supplement, holders of the debt securities
may present the debt securities for exchange or for registration of transfer, duly endorsed or with the form of transfer endorsed
thereon duly executed if so required by us or the security registrar, at the office of the security registrar or at the office
of any transfer agent designated by us for this purpose. Unless otherwise provided in the debt securities that the holder presents
for transfer or exchange, we will impose no service charge for any registration of transfer or exchange, but we may require payment
of any taxes or other governmental charges.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will name in the applicable
prospectus supplement the security registrar, and any transfer agent in addition to the security registrar, that we initially
designate for any debt securities. We may at any time designate additional transfer agents or rescind the designation of any transfer
agent or approve a change in the office through which any transfer agent acts, except that we will be required to maintain a transfer
agent in each place of payment for the debt securities of each series.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">If we elect to redeem the debt
securities of any series, we will not be required to:</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">issue,
    register the transfer of, or exchange any debt securities of that series during a period beginning at the opening of business
    15 days before the day of mailing of a notice of redemption of any debt securities that may be selected for redemption and
    ending at the close of business on the day of the mailing; or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">register
    the transfer of or exchange any debt securities so selected for redemption, in whole or in part, except the unredeemed portion
    of any debt securities we are redeeming in part.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B></B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Information Concerning The
Trustee </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The trustee, other than during
the occurrence and continuance of an event of default under an indenture, undertakes to perform only those duties as are specifically
set forth in the applicable indenture. Upon an event of default under an indenture, the trustee must use the same degree of care
as a prudent person would exercise or use in the conduct of his or her own affairs. Subject to this provision, the trustee is
under no obligation to exercise any of the powers given it by the indenture at the request of any holder of debt securities unless
it is offered reasonable security and indemnity against the costs, expenses and liabilities that it might incur.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Payment And Paying Agents
</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we otherwise indicate
in the applicable prospectus supplement, we will make payment of the interest on any debt securities on any interest payment date
to the person in whose name the debt securities, or one or more predecessor securities, are registered at the close of business
on the regular record date for the interest.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will pay principal of and
any premium and interest on the debt securities of a particular series at the office of the paying agents designated by us, except
that unless we otherwise indicate in the applicable prospectus supplement, we will make interest payments by check that we will
mail to the holder or by wire transfer to certain holders. Unless we otherwise indicate in the applicable prospectus supplement,
we will designate the corporate trust office of the trustee as our sole paying agent for payments with respect to debt securities
of each series. We will name in the applicable prospectus supplement any other paying agents that we initially designate for the
debt securities of a particular series. We will maintain a paying agent in each place of payment for the debt securities of a
particular series.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">All money we pay to a paying
agent or the trustee for the payment of the principal of or any premium or interest on any debt securities that remains unclaimed
at the end of two years after such principal, premium or interest has become due and payable will be repaid to us, and the holder
of the debt security thereafter may look only to us for payment thereof.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Governing Law </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The indenture and the debt securities,
and any claim, controversy or dispute arising under or related to the indenture or the debt securities, will be governed by and
construed in accordance with the laws of the State of Nevada, except to the extent that the Trust Indenture Act of 1939 is applicable.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B><A NAME="a_021"></A>DESCRIPTION
OF WARRANTS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The following description, together
with the additional information we may include in any applicable prospectus supplements and free writing prospectuses, summarizes
the material terms and provisions of the warrants that we may offer under this prospectus, which may consist of warrants to purchase
common stock, preferred stock or debt securities and may be issued in one or more series. Warrants may be issued independently
or together with common stock, preferred stock or debt securities offered by any prospectus supplement, and may be attached to
or separate from those securities. While the terms we have summarized below will apply generally to any warrants that we may offer
under this prospectus, we will describe the particular terms of any series of warrants that we may offer in more detail in the
applicable prospectus supplement and any applicable free writing prospectus. The terms of any warrants offered under a prospectus
supplement may differ from the terms described below. However, no prospectus supplement will fundamentally change the terms that
are set forth in this prospectus or offer a security that is not registered and described in this prospectus at the time of its
effectiveness.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We have filed forms of the warrant
agreements and forms of warrant certificates containing the terms of the warrants being offered as exhibits to the registration
statement of which this prospectus is a part. We will file as exhibits to the registration statement of which this prospectus
is a part, or will incorporate by reference from reports that we file with the SEC, the form of warrant agreement, if any, including
a form of warrant certificate, that describes the terms of the particular series of warrants we are offering. The following summaries
of material provisions of the warrants and the warrant agreements are subject to, and qualified in their entirety by reference
to, all the provisions of the warrant agreement and warrant certificate applicable to the particular series of warrants that we
may offer under this prospectus. We urge you to read the applicable prospectus supplements related to the particular series of
warrants that we may offer under this prospectus, as well as any related free writing prospectuses, and the complete warrant agreements
and warrant certificates that contain the terms of the warrants.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>General</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will describe in the applicable
prospectus supplement the terms relating to a series of warrants being offered, including:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    title of such securities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    offering price or prices and aggregate number of warrants offered;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    currency or currencies for which the warrants may be purchased;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if applicable,
    the designation and terms of the securities with which the warrants are issued and the number of warrants issued with each
    such security or each principal amount of such security;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if applicable,
    the date on and after which the warrants and the related securities will be separately transferable;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if applicable,
    the minimum or maximum amount of such warrants which may be exercised at any one time;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">in the
    case of warrants to purchase debt securities, the principal amount of debt securities purchasable upon exercise of one warrant
    and the price at which, and currency in which, this principal amount of debt securities may be purchased upon such exercise;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">in the
    case of warrants to purchase common stock or preferred stock, the number of shares of common stock or preferred stock, as
    the case may be, purchasable upon the exercise of one warrant and the price at which, and the currency in which, these shares
    may be purchased upon such exercise;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    effect of any merger, consolidation, sale or other disposition of our business on the warrant agreements and the warrants;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    terms of any rights to redeem or call the warrants;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    terms of any rights to force the exercise of the warrants;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    provisions for changes to or adjustments in the exercise price or number of securities issuable upon exercise of the warrants;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    dates on which the right to exercise the warrants will commence and expire;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    manner in which the warrant agreements and warrants may be modified;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">a discussion
    of any material or special United States federal income tax consequences of holding or exercising the warrants;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    terms of the securities issuable upon exercise of the warrants; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    other specific terms, preferences, rights or limitations of or restrictions on the warrants.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Before exercising their warrants,
holders of warrants will not have any of the rights of holders of the securities purchasable upon such exercise, including:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">in the
    case of warrants to purchase debt securities, the right to receive payments of principal of, or premium, if any, or interest
    on, the debt securities purchasable upon exercise or to enforce covenants in the applicable indenture; or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">in the
    case of warrants to purchase common stock or preferred stock, the right to receive dividends, if any, or, payments upon our
    liquidation, dissolution or winding up or to exercise voting rights, if any.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Exercise Of Warrants</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Each warrant will entitle the
holder to purchase the securities that we specify in the applicable prospectus supplement at the exercise price that we describe
in the applicable prospectus supplement. Unless we otherwise specify in the applicable prospectus supplement, holders of the warrants
may exercise the warrants at any time up to the specified time on the expiration date that we set forth in the applicable prospectus
supplement. After the close of business on the expiration date, unexercised warrants will become void.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we otherwise specify in
the applicable prospectus supplement, holders of the warrants may exercise the warrants by delivering the warrant certificate
representing the warrants to be exercised together with specified information, and paying the required amount to the warrant agent
in immediately available funds, as provided in the applicable prospectus supplement. We will set forth on the reverse side of
the warrant certificate and in the applicable prospectus supplement the information that the holder of the warrant will be required
to deliver to the warrant agent in connection with the exercise of the warrant.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Upon receipt of the required
payment and the warrant certificate properly completed and duly executed at the corporate trust office of the warrant agent or
any other office indicated in the applicable prospectus supplement, we will issue and deliver the securities purchasable upon
such exercise. If fewer than all of the warrants represented by the warrant certificate are exercised, then we will issue a new
warrant certificate for the remaining amount of warrants. If we so indicate in the applicable prospectus supplement, holders of
the warrants may surrender securities as all or part of the exercise price for warrants.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Governing Law </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we provide otherwise in
the applicable prospectus supplement, the warrants and warrant agreements, and any claim, controversy or dispute arising under
or related to the warrants or warrant agreements, will be governed by and construed in accordance with the laws of the State of
Nevada.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Enforceability Of Rights By
Holders Of Warrants </B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Each warrant agent will act solely
as our agent under the applicable warrant agreement and will not assume any obligation or relationship of agency or trust with
any holder of any warrant. A single bank or trust company may act as warrant agent for more than one issue of warrants. A warrant
agent will have no duty or responsibility in case of any default by us under the applicable warrant agreement or warrant, including
any duty or responsibility to initiate any proceedings at law or otherwise, or to make any demand upon us. Any holder of a warrant
may, without the consent of the related warrant agent or the holder of any other warrant, enforce by appropriate legal action
its right to exercise, and receive the securities purchasable upon exercise of, its warrants.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><A NAME="a_022"></A><B>LEGAL
OWNERSHIP OF SECURITIES</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We can issue securities in registered
form or in the form of one or more global securities. We describe global securities in greater detail below. We refer to those
persons who have securities registered in their own names on the books that we or any applicable trustee or depositary maintain
for this purpose as the &ldquo;holders&rdquo; of those securities. These persons are the legal holders of the securities. We refer
to those persons who, indirectly through others, own beneficial interests in securities that are not registered in their own names,
as &ldquo;indirect holders&rdquo; of those securities. As we discuss below, indirect holders are not legal holders, and investors
in securities issued in book-entry form or in street name will be indirect holders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Book-Entry Holders</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may issue securities in book-entry
form only, as we will specify in the applicable prospectus supplement. This means securities may be represented by one or more
global securities registered in the name of a financial institution that holds them as depositary on behalf of other financial
institutions that participate in the depositary&rsquo;s book-entry system. These participating institutions, which are referred
to as participants, in turn, hold beneficial interests in the securities on behalf of themselves or their customers.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Only the person in whose name
a security is registered is recognized as the holder of that security. Global securities will be registered in the name of the
depositary or its participants. Consequently, for global securities, we will recognize only the depositary as the holder of the
securities, and we will make all payments on the securities to the depositary. The depositary passes along the payments it receives
to its participants, which in turn pass the payments along to their customers who are the beneficial owners. The depositary and
its participants do so under agreements they have made with one another or with their customers; they are not obligated to do
so under the terms of the securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As a result, investors in a global
security will not own securities directly. Instead, they will own beneficial interests in a global security, through a bank, broker
or other financial institution that participates in the depositary&rsquo;s book-entry system or holds an interest through a participant.
As long as the securities are issued in global form, investors will be indirect holders, and not legal holders, of the securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Street Name Holders</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">A global security may be terminated
in certain situations as described under &ldquo;&mdash;Special Situations When A Global Security Will Be Terminated,&rdquo; or
issue securities that are not issued in global form. In these cases, investors may choose to hold their securities in their own
names or in &ldquo;street name.&rdquo; Securities held by an investor in street name would be registered in the name of a bank,
broker or other financial institution that the investor chooses, and the investor would hold only a beneficial interest in those
securities through an account he or she maintains at that institution.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">For securities held in street
name, we or any applicable trustee or depositary will recognize only the intermediary banks, brokers and other financial institutions
in whose names the securities are registered as the holders of those securities, and we or any such trustee or depositary will
make all payments on those securities to them. These institutions pass along the payments they receive to their customers who
are the beneficial owners, but only because they agree to do so in their customer agreements or because they are legally required
to do so. Investors who hold securities in street name will be indirect holders, not holders, of those securities.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Legal Holders</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Our obligations, as well as the
obligations of any applicable trustee or third party employed by us or a trustee, run only to the legal holders of the securities.
We do not have obligations to investors who hold beneficial interests in global securities, in street name or by any other indirect
means. This will be the case whether an investor chooses to be an indirect holder of a security or has no choice because we are
issuing the securities only in global form.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">For example, once we make a payment
or give a notice to the legal holder, we have no further responsibility for the payment or notice even if that legal holder is
required, under agreements with its participants or customers or by law, to pass it along to the indirect holders but does not
do so. Similarly, we may want to obtain the approval of the holders to amend an indenture, to relieve us of the consequences of
a default or of our obligation to comply with a particular provision of an indenture, or for other purposes. In such an event,
we would seek approval only from the legal holders, and not the indirect holders, of the securities. Whether and how the legal
holders contact the indirect holders is up to the legal holders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Special Considerations For
Indirect Holders</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">If you hold securities through
a bank, broker or other financial institution, either in book-entry form because the securities are represented by one or more
global securities or in street name, you should check with your own institution to find out:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">how
    it handles securities payments and notices;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    it imposes fees or charges;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">how
    it would handle a request for the holders&rsquo; consent, if ever required;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">whether
    and how you can instruct it to send you securities registered in your own name so you can be a holder, if that is permitted
    in the future;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">how
    it would exercise rights under the securities if there were a default or other event triggering the need for holders to act
    to protect their interests; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if the
    securities are in book-entry form, how the depositary&rsquo;s rules and procedures will affect these matters.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Global Securities</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">A global security is a security
that represents one or any other number of individual securities held by a depositary. Generally, all securities represented by
the same global securities will have the same terms.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Each security issued in book-entry
form will be represented by a global security that we issue to, deposit with and register in the name of a financial institution
or its nominee that we select. The financial institution that we select for this purpose is called the depositary. Unless we specify
otherwise in the applicable prospectus supplement, The Depository Trust Company, New York, New York, known as DTC, will be the
depositary for all securities issued in book-entry form.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">A global security may not be
transferred to or registered in the name of anyone other than the depositary, its nominee or a successor depositary, unless special
termination situations arise. We describe those situations below under &ldquo;&mdash;Special Situations When A Global Security
Will Be Terminated.&rdquo; As a result of these arrangements, the depositary, or its nominee, will be the sole registered owner
and legal holder of all securities represented by a global security, and investors will be permitted to own only beneficial interests
in a global security. Beneficial interests must be held by means of an account with a broker, bank or other financial institution
that in turn has an account with the depositary or with another institution that does. Thus, an investor whose security is represented
by a global security will not be a legal holder of the security, but only an indirect holder of a beneficial interest in the global
security.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">If the prospectus supplement
for a particular security indicates that the security will be issued as a global security, then the security will be represented
by a global security at all times unless and until the global security is terminated. If termination occurs, we may issue the
securities through another book-entry clearing system or decide that the securities may no longer be held through any book-entry
clearing system.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Special Considerations For
Global Securities</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">As an indirect holder, an investor&rsquo;s
rights relating to a global security will be governed by the account rules of the investor&rsquo;s financial institution and of
the depositary, as well as general laws relating to securities transfers. We do not recognize an indirect holder as a holder of
securities and instead deal only with the depositary that holds the global security.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">If securities
are issued only as global securities, an investor should be aware of the following:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">an investor
    cannot cause the securities to be registered in his or her name, and cannot obtain non-global certificates for his or her
    interest in the securities, except in the special situations we describe below;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">an investor
    will be an indirect holder and must look to his or her own bank or broker for payments on the securities and protection of
    his or her legal rights relating to the securities, as we describe above;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">an investor
    may not be able to sell interests in the securities to some insurance companies and to other institutions that are required
    by law to own their securities in non-book-entry form;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">an investor
    may not be able to pledge his or her interest in the global security in circumstances where certificates representing the
    securities must be delivered to the lender or other beneficiary of the pledge in order for the pledge to be effective;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    depositary&rsquo;s policies, which may change from time to time, will govern payments, transfers, exchanges and other matters
    relating to an investor&rsquo;s interest in the global security;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">we and
    any applicable trustee have no responsibility for any aspect of the depositary&rsquo;s actions or for its records of ownership
    interests in the global security, nor will we or any applicable trustee supervise the depositary in any way;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    depositary may, and we understand that DTC will, require that those who purchase and sell interests in the global security
    within its book-entry system use immediately available funds, and your broker or bank may require you to do so as well; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">financial
    institutions that participate in the depositary&rsquo;s book-entry system, and through which an investor holds its interest
    in the global security, may also have their own policies affecting payments, notices and other matters relating to the securities.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">There may
be more than one financial intermediary in the chain of ownership for an investor. We do not monitor and are not responsible for
the actions of any of those intermediaries.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Special Situations When A
Global Security Will Be Terminated</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In a few special situations described
below, a global security will terminate and interests in it will be exchanged for physical certificates representing those interests.
After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors
must consult their own banks or brokers to find out how to have their interests in securities transferred to their own names,
so that they will be direct holders. We have described the rights of holders and street name investors above.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless we provide otherwise in
the applicable prospectus supplement, a global security will terminate when the following special situations occur:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if the
    depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security
    and we do not appoint another institution to act as depositary within 90 days;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if we
    notify any applicable trustee that we wish to terminate that global security; or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">if an
    event of default has occurred with regard to securities represented by that global security and has not been cured or waived.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The applicable prospectus supplement
may also list additional situations for terminating a global security that would apply only to the particular series of securities
covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither we nor any applicable
trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="a_023"></A><FONT STYLE="color: Black"><B>PLAN OF
DISTRIBUTION</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may sell the securities covered
hereby from time to time pursuant to underwritten public offerings, direct sales to the public, negotiated transactions, block
trades or a combination of these methods. A distribution of the securities offered by this prospectus may also be effected through
the issuance of derivative securities, including without limitation, warrants and subscriptions. We may sell the securities to
or through underwriters or dealers, through agents, or directly to one or more purchasers. We may distribute securities from time
to time in one or more transactions:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">at a
    fixed price or prices, which may be changed;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">at market
    prices prevailing at the time of sale;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">at prices
    related to such prevailing market prices;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">at varying
    prices determined at the time of sale; or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">at negotiated
    prices.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may also sell equity securities
covered by this registration statement in an &ldquo;at the market offering&rdquo; as defined in Rule 415 under the Securities
Act. Such offering may be made into an existing trading market for such securities in transactions at other than a fixed price,
either:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">on or
    through the facilities of The Nasdaq Capital Market or any other securities exchange or quotation or trading service on which
    such securities may be listed, quoted or traded at the time of sale; and/or</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">to or
    through a market maker otherwise than on The Nasdaq Capital Market or such other securities exchanges or quotation or trading
    services.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Such at-the-market offerings,
if any, may be conducted by financial institutions acting as principal or agent.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">A prospectus supplement or supplements
(and any related free writing prospectus that we may authorize to be provided to you) will describe the terms of the offering
of the securities, including, to the extent applicable:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    name or names of any underwriters, dealers or agents participating in the offering, if any;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    purchase price of the securities sold by us to any underwriter or dealer and the net proceeds we expect to receive from the
    offering;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    option, under which underwriters may purchase additional securities from us;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    agency fees or underwriting discounts or commissions and other items constituting agents&rsquo; or underwriters&rsquo; compensation;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    public offering price;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    discounts or concessions allowed or reallowed or paid to dealers; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">any
    securities exchange or market on which the securities may be listed.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Only underwriters named in the
prospectus supplement are underwriters of the securities offered by the prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">If underwriters are used in the
sale, they will acquire the securities for their own account and may resell the securities from time to time in one or more transactions
at a fixed public offering price or at varying prices determined at the time of sale. The obligations of the underwriters to purchase
the securities will be subject to the conditions set forth in the applicable underwriting agreement. We may offer the securities
to the public through underwriting syndicates represented by managing underwriters or by underwriters without a syndicate. Subject
to certain conditions, the underwriters will be obligated to purchase all of the securities offered by the prospectus supplement,
other than securities covered by any option to purchase additional securities. Any public offering price and any discounts, commissions
or concessions allowed or reallowed or paid to dealers may change from time to time. We may use underwriters with whom we have
a material relationship. We will describe in the prospectus supplement, naming the underwriter, the nature of any such relationship.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may sell securities directly
or through agents we designate from time to time. We will name any agent involved in the offering and sale of securities, and
we will describe any commissions and other compensation we will pay the agent in the prospectus supplement. Unless the prospectus
supplement states otherwise, our agent will act on a best-efforts basis for the period of its appointment.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may authorize agents or underwriters
to solicit offers by certain types of institutional investors to purchase securities from us at the public offering price set
forth in the prospectus supplement pursuant to delayed delivery contracts providing for payment and delivery on a specified date
in the future. We will describe the conditions to these contracts and the commissions we must pay for solicitation of these contracts
in the prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We may provide agents and underwriters
with indemnification against civil liabilities related to this offering, including liabilities under the Securities Act, or contribution
with respect to payments that the agents or underwriters may make with respect to these liabilities. Agents and underwriters may
engage in transactions with, or perform services for, us in the ordinary course of business.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>




<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">All securities we may offer,
other than common stock, will be new issues of securities with no established trading market. Any agents or underwriters may make
a market in these securities, but will not be obligated to do so and may discontinue any market making at any time without notice.
We cannot guarantee the liquidity of the trading markets for any securities. There is currently no market for any of the offered
securities, other than our common stock. We have no current plans for listing of the debt securities, preferred stock, warrants
or subscription rights on any securities exchange or quotation system; any such listing with respect to any particular debt securities,
preferred stock, warrants or subscription rights will be described in the applicable prospectus supplement or other offering materials,
as the case may be.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Any underwriter may engage in
overallotment, stabilizing transactions, short covering transactions and penalty bids in accordance with Regulation M under the
Exchange Act. Overallotment involves sales in excess of the offering size, which create a short position. Stabilizing transactions
permit bids to purchase the underlying security so long as the stabilizing bids do not exceed a specified maximum. Short covering
transactions involve purchases of the securities in the open market after the distribution is completed to cover short positions.
Penalty bids permit the underwriters to reclaim a selling concession from a dealer when the securities originally sold by the
dealer are purchased in a stabilizing or covering transaction to cover short positions. Those activities may cause the price of
the securities to be higher than it would otherwise be. If commenced, the underwriters may discontinue any of the activities at
any time. These transactions may be effected on any exchange or over-the-counter market or otherwise.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Any agents and underwriters who
are qualified market makers on The Nasdaq Capital Market may engage in passive market making transactions in the securities on
The Nasdaq Capital Market in accordance with Rule 103 of Regulation M, during the business day prior to the pricing of the offering,
before the commencement of offers or sales of the securities. Passive market makers must comply with applicable volume and price
limitations and must be identified as passive market makers. In general, a passive market maker must display its bid at a price
not in excess of the highest independent bid for such security; if all independent bids are lowered below the passive market maker&rsquo;s
bid, however, the passive market maker&rsquo;s bid must then be lowered when certain purchase limits are exceeded. Passive market
making may stabilize the market price of the securities at a level above that which might otherwise prevail in the open market
and, if commenced, may be discontinued at any time.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">In compliance with guidelines
of the Financial Industry Regulatory Authority, Inc., or FINRA, the maximum compensation to be received by any FINRA member or
independent broker dealer may not exceed 8% of the aggregate amount of the securities offered pursuant to this prospectus and
any applicable prospectus supplement.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><A NAME="a_024"></A><FONT STYLE="color: Black"><B>LEGAL
MATTERS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Unless otherwise indicated in
the applicable prospectus supplement, certain legal matters in connection with the offering and the validity of the securities
offered by this prospectus, and any supplement thereto, will be passed upon for us by The Doney Law Firm.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>EXPERTS</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The consolidated financial statements
of CleanSpark,&nbsp;Inc. for the fiscal year ended December&nbsp;31, 2017 incorporated by reference herein have been audited by
AMC Auditing, LLC, independent registered public accounting firm, as set forth in their report, incorporated by reference herein,
and are incorporated by reference in reliance upon that report given on the authority of AMC Auditing, LLC as experts in accounting
and auditing.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">On July 17, 2017, we
dismissed AMC Auditing, LLC as our independent registered public accounting firm. On July 17, 2018, we engaged MaloneBailey, LLP
as our independent registered public accounting firm.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0 12pt"><FONT STYLE="color: Black">The consolidated financial
statements of CleanSpark,&nbsp;Inc. for the fiscal year ended December&nbsp;31, 2018 incorporated by reference herein have been
audited by MaloneBailey, LLP, independent registered public accounting firm, as set forth in their report, incorporated by reference
herein, and are incorporated by reference in reliance upon that report given on the authority of MaloneBailey, LLP as experts
in accounting and auditing.</FONT></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="color: Black">&nbsp;<B><A NAME="a_025"></A>WHERE
YOU CAN FIND MORE INFORMATION</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">This prospectus is part of a
registration statement we filed with the SEC. This prospectus does not contain all of the information set forth in the registration
statement and the exhibits to the registration statement. For further information with respect to us and the securities we are
offering under this prospectus, we refer you to the registration statement and the exhibits and schedules filed as a part of the
registration statement. Neither we nor any agent, underwriter or dealer has authorized any person to provide you with different
information. We are not making an offer of these securities in any state where the offer is not permitted. You should not assume
that the information in this prospectus is accurate as of any date other than the date on the front page of this prospectus, regardless
of the time of delivery of this prospectus or any sale of the securities offered by this prospectus.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We file annual, quarterly and
current reports, proxy statements and other information with the SEC. You may read and copy the registration statement, as well
as any other document filed by us with the SEC, at the SEC&rsquo;s Public Reference Room at 100 F Street NE, Washington, D.C.
20549. You can also request copies of these documents by writing to the SEC and paying a fee for the copying cost. You may obtain
information on the operation of the Public Reference Room by calling the SEC at (800) SEC-0330. The SEC maintains a website that
contains reports, proxy statements and other information regarding issuers that file electronically with the SEC, including us.
The address of the SEC website is www.sec.gov.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We maintain a website at www.CleanSpark.com.
Information contained in or accessible through our website does not constitute a part of this prospectus.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: Black"><B><A NAME="a_026"></A>INCORPORATION
OF CERTAIN INFORMATION BY REFERENCE</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">The SEC allows us to &ldquo;incorporate
by reference&rdquo; information into this prospectus, which means that we can disclose important information to you by referring
you to another document filed separately with the SEC. The SEC file number for the documents incorporated by reference in this
prospectus is 000-53498. The documents incorporated by reference into this prospectus contain important information that you should
read about us.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">The following
documents are incorporated by reference into this document:</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Annual Report on Form 10-K for the fiscal year ended September 30, 2018, and filed with the SEC on January 15, 2019;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Quarterly Report on Form 10-Q for the quarter ended December 31, 2018, and filed with the SEC on February 14, 2019; </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Our
    Current Reports on Form 8-K filed with the SEC on February 28, 2019, January 24, 2019, January 3, 2019, January 4, 2019, December
    31, 2018, December 28, 2018, October 5, 2018, September 25, 2018, September 11, 2018, July 18, 2018, July 17, 2018, July 3,
    2018, May 8, 2018 and April 2, 2018; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 10pt; color: Black">&#167;</FONT></TD>
    <TD STYLE="line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">the
    description of the our common stock contained in our registration statement on Form 10 (No. 000-53498), filed with the SEC
    on November 17, 2008, including any amendments or reports filed for the purpose of updating such description.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We also incorporate by reference
into this prospectus all documents (other than current reports furnished under Item 2.02, Item 7.01 or Item 8.01 of Form 8-K and
exhibits filed on such form that are related to such items) that are filed by us with the SEC pursuant to Sections 13(a), 13(c),
14 or 15(d) of the Exchange Act (i) after the date of the initial filing of the registration statement of which this prospectus
forms a part and prior to effectiveness of the registration statement, or (ii) after the date of this prospectus but prior to
the termination of the offering. These documents include periodic reports, such as Annual Reports on Form 10-K, Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K, as well as proxy statements. Information in these documents updates and supplements
the information provided in this prospectus. Any statements in these documents will automatically be deemed to modify and supersede
any information in any document we previously filed with the SEC that is incorporated or deemed to be incorporated herein by reference
to the extent that statements in the later filed document modify or replace such earlier statements.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">We will provide to each
person, including any beneficial owner, to whom a prospectus is delivered, without charge upon written or oral request, a
copy of any or all of the documents that are incorporated by reference into this prospectus but not delivered with the
prospectus, including exhibits which are specifically incorporated by reference into such documents. You should direct any
requests for documents by writing us at 70 North Main Street, Ste. 105,</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Bountiful, Utah 84010 or telephoning
us at (801) 244-4405.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">Any statement contained herein
or in a document incorporated or deemed to be incorporated by reference into this document will be deemed to be modified or superseded
for purposes of the document to the extent that a statement contained in this document or any other subsequently filed document
that is deemed to be incorporated by reference into this document modifies or supersedes the statement.</FONT></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
