However, as part of the transaction, the Company granted certain registration rights to the purchasers for purposes of registering the resale of the shares of Common Stock issuable upon conversion of the Preferred Stock and upon exercise of the warrants issued in the private placement.
This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
Any offering of the Company's securities under the resale registration statement will be made only by means of a prospectus.
Wilsons The Leather Experts Inc
marketing@alchempro.com
