Mucinno Holding Inc. (MCNO)

[BarryCade]

The Company has 16 convertible notes equaling $1,021,924. The notes are convertible at rates of 42% to 50% of the market price of the stock. The Company has calculated a derivative liability which at March 31, 2015 was $2,795,949 under the Black Sholes module. The assumptions used were a volatility rate of 654.31%, a risk free interest factor of .20% and an expected return of 0 to 1 year.