BioLargo issues 624,383 shares to officers for salary; locked until $40M revenue or $300M cap

BIOLARGO, INC.

Two officers converted $99,901 of unpaid salary/expenses into 624,383 shares at $0.16/share.
Shares locked until BioLargo reports consolidated gross revenue ≥$40M, market cap >$300M, or change of control.
Conversion reduces near-term cash outflow and ties officer compensation to long-term company milestones.

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