NOTE 18 – SUBSEQUENT EVENTS
In the last quarter of 2016, the Company engaged in the following transactions:
a. Placed purchase orders for the pre production manufacturing of 10 Mark 1 engines to test application and integration with customers’ systems
b.
The company entered into a consulting agreement on October 1, 2016 to assist in Investment Banking services in the amount of $10,000 per month for a period of 12 months.
c.
The Company entered into a consulting contract on October 24, 2016 to oversee and complete the process of its 2014 and 2015 audit in the amount of 10,000,000 shares for a period of three months.
