Attached files

file filename
10-K - FORM 10-K - LINGERIE FIGHTING CHAMPIONSHIPS, INC.boty_10k.htm
EX-32.1 - EX-32.1 - LINGERIE FIGHTING CHAMPIONSHIPS, INC.boty_ex321.htm
EX-31.1 - EX-31.1 - LINGERIE FIGHTING CHAMPIONSHIPS, INC.boty_ex311.htm

EXHIBIT 10.41

 

EXERCISE NOTICE

 

THE UNDERSIGNED holder hereby exercises the right to purchase 130,000,000 of the shares of Common Stock (“Warrant Shares”) of Lingerie Fighting Championsh, a Delaware corporation (the “Company”), evidenced by the attached copy of the Common Stock Purchase Warrant (the “Warrant”) issued on 3/22/2019. Capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Warrant.

 

 

1.

Form of Exercise Price. The Holder intends that payment of the Exercise Price shall be made as (check one):

 

 

☐   a cash exercise with respect to

Warrant Shares; or

 

☑   by cashless exercise pursuant to the Warrant.

 

 

 

X=

Y (A-B)

     A

 

 

 

 

 

 

X=

134,534,884 ($ 0.0089 - $ 0.0003 )

                     $ 0.0089

 

 

 

 

 

 

 

130,000,00 = 134,534,884 *($ 0.0086 )

                     $ 0.0089

 

 

 

Where

X =

the number of Warrant Shares to be issued to Holder.

 

            

Y =

the number of Warrant Shares that the Holder elects to purchase under this Warrant (at the date of such calculation).

 

 

A =

the Market Price (at the date of such calculation).

 

 

B =

Exercise Price (as adjusted to the date of such calculation).

 

 

3.

Delivery of Warrant Shares. The Company shall deliver to the holder 130,000,000  Warrant Shares in accordance with the terms of the Warrant.

 

☑ 

The Borrower shall electronically transmit the Common Stock issuable pursuant to this Exercise Notice to the account of the undersigned or its nominee with DTC through its Deposit Withdrawal Agent Commission system ("DWAC Transfer").

   

Name of DTC Prime Broker: LEK Securities     

 

Account Number: AUCTUS                     

 

Date: 4/7/2021                      

 

  AUCTUS FUND, LLC
       
By: /s/ Lou Posner

 

Name:

Lou Posner  
  Title: Managing Director