SECURITIES PURCHASE AGREEMENT Dated as of November 6, 2007 among MEDICAL DISCOVERIES, INC. and THE PURCHASERS LISTED ON EXHIBIT ASecurities Purchase Agreement • November 13th, 2007 • Medical Discoveries Inc • Pharmaceutical preparations • California
This SECURITIES PURCHASE AGREEMENT this (“Agreement”), dated as of November 6, 2007, by and among Medical Discoveries, Inc., a Utah corporation (the “Company”), and the persons and entities listed on Exhibit A hereto (each, a “Purchaser” and collectively, the “Purchasers”), for the sale by the Company, and the purchase by Purchasers, of shares of the Company’s Series B Convertible Preferred Stock, no par value per share (the “Series B Preferred Stock”). The Company and the Purchasers are collectively referred to herein as the “Parties.”
