Loan Artificial Intelligence Corp (LAAI)

[audikidpsr]

During the six months ended June 30, 2009, the Company assumed convertible debentures of $50,000 purchased by a related party in exchange
for a reduction in the balance due to the previous noteholders from the ALRN acquisition for the same amount. The debentures were then
converted into 400,000 shares of Hackett’s Stores, Inc. common stock.