Replies to post #8714 on Hangover Joe's Holding Corp. (fka HJOE)

[DKW1000]

THEY TAKE OF THEM SELF NOT INVESTORS

In order to waive any breach of the employment agreements (the "Agreements") previously entered into between the Company and Shawn Adamson, Michael Jaynes and Matthew A. Veal (collectively, the "Executives"), respectively, due to the fact that the Company is unable to issue shares of common stock owed to the Executives under the Agreements, and to avoid any litigation associated therewith, the Company amended the Agreements pursuant to which the Company issued to the Executives an aggregate of 10,000 Series E Preferred Shares, in accordance with the terms and conditions set forth in that certain Certificate of Designation (the "Certificate of Designation") filed by the Company with the State of Colorado. As of December 1, 2014, the Company issued 4,737 Series E Preferred Shares to Shawn Adamson, 4,737 Series E Preferred Shares to Michael Jaynes and 526 4,737 Series E Preferred Shares to Matthew A. Vea