Hempstract Inc (HPST)

[daiello]

July 3, 2014
The Board of Riverdale Oil and Gas Corporation (Riverdale) has extended the RVDO 2014-1 Program until the end of the year. This was done to add additional participants and to maximize the economic, developing potential for those few that were current participants. We are in the midst of a drilling prospect, the Stowe #5 well in Waller Co., TX, in which your company holds a 3% working interest, with a 2.25% net revenue interest, which was provided by the operator of the well to assist Riverdale. The well should be in production very soon. We have also been fortunate to have a new, highly reputable funding source, that will be very helpful in raising the capital needed to initiate a project for generating prospects that Riverdale can market to the oil and gas industry while maintaining an substantial interest for its benefit, increasing its assets and cash flow.