The amount includes 2,668,190 shares of TableMAX common stock that will be issued to the selling stockholders only if and when they exercise warrants held by them.
TableMAX will not receive any of the proceeds from the resale of shares by the selling stockholders, but it will receive proceeds from the exercise of the warrants if and when they are exercised
The Registration Statement with respect to the 5,897,228 common shares has been filed with the Securities and Exchange Commission but has not become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective.