Cartel Blue Inc (CRTL)

[chefnippy]

E-mail from Chad

In regards to SBSH, almost all retail orders are routed through SBSH so I
would not put too much into that.

The numbers checked out at the transfer agent in regards to total issued and
outstanding. When I was informed that the final tranche had been completed
by the company on March 3rd I pulled the numbers from the T/A and was under
the impression that the O/S included the final tranche. The following day an
additional 85M were added from the second note which brought the total up to
950M. I believed at that time all shares were accounted for and stated to
several investors that 950M appeared to be the final count. The last tranche
sold to the lender however cleared the transfer agent after the shares
issued from the promissory note. My original projected estimation was
between 957-977M shares. We later revised that to 1.1B-1.2B because the drop
in share price had caused the possibility of additional shares needed to
complete the total financing. It appears that I spoke to soon and there was
one last tranche left in the sum of 90M. This is a mistake that I take full
responsibility for. I have attached the share structure which now includes
all the notes and financing. The total number of shares is still well within
our previous pro forma projections.


Warm regards,

Chad C. Sykes
President and CEO
www.numarketsolutions.com
Numarket Solutions, Inc.
Phone: [phone]
[e-mail]
Skype: numarketsolutions
Yahoo IM “Charlatanme”