PureSafe Water Systems Inc. (fka PSWS)

[BarneyBeagle]

On June 13, 2014, the Company entered into a one year consulting agreement (the “Consulting Agreement”) with Tarpon for the period from the date of the Agreement through March 31, 2015. The Agreement required Tarpon to provide general management and consulting services and advisory services to the Company, including assistance in connection with the restructuring of its outstanding debt and equity securities. The controlling member of Tarpon is Stephen Hicks (“Hicks”). Pursuant to such Consulting Agreement, Tarpon was issued an aggregate of 29 shares of the Corporation’s Series H Convertible Preferred Stock (the “Series H Preferred Stock”) as compensation for the services provided by Tarpon.