The following presents the impact of the conversion to common stock on an unaudited pro forma basis as if the Series AA Preferred Stock had converted to Common Stock as of March 31, 2019:

		Series AA																Additional
		Preferred Stock								Common Stock								Paid-in				Accumulated
		Shares				Amount				Shares				Amount				Capital				Deficit				Total
Historical balances, March 31, 2019			3,267,519			$	31,140,117				61,866,319			$	61,866			$	97,203,841			$	(123,756,208	)		$	4,649,616
Pro forma adjustments for conversion			(3,267,519	)			(31,140,117	)			148,523,540				148,524				30,991,593				-				-
Pro forma balances, March 31, 2019			-			$	-				210,389,859			$	210,390			$	128,195,434			$	(123,756,208	)		$	4,649,616