Pathfinder Cell Therapy Inc (PFND)

[WarMachine]

Schedule of Promissory Notes HOLY COW!

Date of issuance /Note Holder /Principal amount

February 2, 2012 /Falcon Corporate Investments Limited /$150,000

February 29, 2012 /Falcon Corporate Investments Limited /$170,000

March 15, 2012 /Falcon Corporate Investments Limited /$250,000

April 23, 2012 /Falcon Corporate Investments Limited /$150,000

May 25, 2012 /Skye Asset Management SA /$270,000

June 20, 2012 /Ventura, Inc. /$225,000

July 27, 2012 /Ventura, Inc. /$50,000

August 17, 2012 /Breisgau Bio Ventures SA /$100,000

October 1, 2012 /Breisgau Bio Ventures SA /$200,000

October 23, 2012 /Breisgau Bio Ventures S/A /$200,000

November 20, 2012 /Breisgau Bio Ventures SA /$70,000

December 4, 2012 /Breisgau Bio Ventures SA /$70,000

December 21, 2012 /Breisgau Bio Ventures SA /$60,000

January 9, 2013 /Breisgau Bio Ventures SA /$75,000

January 28, 2013 /Breisgau Bio Ventures SA /$130,000

March 4, 2013 /Mr. Joerg Gruber /$100,000

April 2, 2013 /Ventura, Inc. /$150,000

April 29, 2013 /Ventura, Inc. /$150,000

May 28, 2013 /Breisgau Bio Ventures SA /$250,000

June 26, 2013 /Breisgau Bio Ventures SA /$150,000

July 24, 2013 /Breisgau Bio Ventures SA /$170,000

August 24, 2013 /Breisgau Bio Ventures SA /$100,000

September 26, 2013 /Breisgau Bio Ventures SA /$100,000

October 22, 2013 /Breisgau Bio Ventures SA /$135,000

November 22, 2013 /Breisgau Bio Ventures SA /$100,000

December 20, 2013 /Breisgau Bio Ventures SA /$125,000

January 21, 2014 /Breisgau Bio Ventures SA /$105,000

February 24, 2014 /Breisgau Bio Ventures SA /$120,000

March 25, 2014 /Breisgau Bio Ventures SA /$105,000

April 24, 2014 /Ventura, Inc. /$100,000

May 28, 2014 /Ventura, Inc. /$120,000

June 5, 2014 /Ventura, Inc. /$30,000

June 26, 2014 /Ventura, Inc. /$50,000

August 5, 2014 /Ventura, Inc. /$50,000

August 21, 2014 /Ventura, Inc. /$100,000

September 25, 2014 /Ventura, Inc. /$80,000

October 24, 2014 /Ventura, Inc. /$35,000

Aggregate Principal amount $4,595,000

THAT is a lot of overhang! When the lenders decide to call in their notes there will be hell to pay. BEWARE FOLKS! Humpty Dumpty looks overdue for a major crack up.