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Re: None

Thursday, 09/22/2016 4:49:48 AM

Thursday, September 22, 2016 4:49:48 AM

Post# of 22908
also The Company licensed certain patents from Blue Ivory, Inc.

In conjunction with the Blue Ivory agreement, a former shareholder agreed to transfer 20 million preferred shares previously outstanding as
collateral to Blue Ivory
. The business and equity structure of the Company were reorganized to provide sufficient collateral for the license
agreement.

These shares continue to be held by Blue Ivory in accordance with the agreement.

Certificate of designation with the State of Nevada designating the preferred shares as Series A Preferred
with a $1.00 liquidation preference and no dividend rights.

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