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Watcher31

12/15/14 2:48 PM

#155 RE: Watcher31 #154

On a November 5, 2014, the Company approved compensation for its non-management Board members of $50,000, which amount shall be paid in common shares of the Company at a strike price of $0.025 per share. These payments will be made only to Mr. Ole Siggety and Mr. Soren Jonassen. Management Directors will not be compensated for their services as directors.