Anti-Dilution Adjustment. If, at any time while the Series I
preferred stock is outstanding, we sell or grant (or announce any offer,
sale or grant) of any shares of common stock or common stock
equivalents entitling any person to acquire shares of our common Stock
at an effective price per share that is lower than the then conversion
price (such lower price, the “Base Conversion Price”), then the
conversion price will be reduced to equal the Base Conversion Price. The
Base Conversion Price may not be less than $0.16. ....