FullNet sells 1.31M restricted shares on option exercise; raises $23,090

FULLNET COMMUNICATIONS INC

Issued 1,313,961 restricted common shares upon exercise of stock options by officers, directors, employees, and family members.
Gross proceeds of $23,090; no commissions or other remuneration paid.
Shares sold under Section 4(a)(2) of the Securities Act as an unregistered transaction.
Outstanding shares increased to 18,460,082 immediately after the exercise.

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