On December 7, 2016, the Company executed Debt Amendment agreements with 6 holders of convertible Promissory Notes. Under the agreements, the Conversion Price on a total of $682,883 of the Promissory Notes was amended to $0.0015 per share (subject to a lower December 31, 2017 reset price if the average of the closing bid prices of the Company’s common stock for the 60 trading days ending December 31, 2017 is less than $0.0015 per share).