June 17, 2015 announced today that
its aged convertible debt has been reduced to approximately $290,314 as a result of the conversion of an aggregate of
$361,232 into approximately 250,000,000 shares of the Company’s common stock . Included in the liabilities
converted was the dilutive note payable to Blackbridge Capital an institutional investor.
As a result of the conversions, the Company has reduced its indebtedness by $361,232. In addition, the Company is
also renegotiating certain additional convertible notes to receive more favorable conversion terms on those obligations.
