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JPS02

04/20/15 5:13 PM

#48289 RE: SilverBay Holdings #48286

Note 7 Subsequent Events

During March 2015, the Company issued 207,750,000 shares of common stock for $7,250 of debt and $1,060 of accrued
interest, or $0.00004 per share.

During March 2015, the Company issued its Chief Executive Officer 1,000,000 shares of Series A preferred stock for accrued
wages of $67,000
and repayment of a short-term loan of $2,000.

During April 2015, the Company entered into an employment agreement with it Vice President of Operations. The
employment agreement provides for an annual salary of $79,000 per year, participation in future stock incentive programs,
1,750,000 share of the Company's Series A preferred stock and the issuance of 10,000,000 shares of the Company's common stock.

> This company is forming itself and management, getting serious and paying salaries. They would not be doing this for nothing!

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10635654

Go NSAV!