DealerAdvance Inc. (DLAD)

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On November 20, 2007, Mr. Humphries was issued 5,000,000 shares of Common Stock for services rendered valued at $84,400. On March 4, 2008, Mr. Humphries was issued 25,000,000 shares of Common Stock for services rendered valued at $50,000. On April 4, 2008, Mr. Humphries was issued 50,000,000 shares in consideration of services rendered valued at $56,000. Mr. Humphries’ current salary is $20,000 per month. On May 12, 2008, Mr. Humphries was issued 180,000,000 shares in consideration of negotiating approximately $300,000 in additional financing for us by means of Callable Secured Convertible Notes and Common Stock Purchase Warrants issued in a private placement, negotiating distribution agreements, offering us a line of credit of up to $250,000 of credit in his discretion and as we may require pursuant to an Advance Demand Promissory Note, and waiving $10,388 of commissions payable as of March 31, 2008 and all future commissions payable to HMG until such time as we shall become profitable.