As previously reported on January 9, 2017, on January 4, 2017, the Company entered into a Settlement Agreement with Rockwell Capital Partners, Inc. (“Rockwell”), whereby Rockwell acquired liabilities of the Company in an amount of $129,686.53, which was owed by the Company to various third parties related to legal and accounting services, as well as other service providers related to the Company’s operations. The Company and Rockwell then entered into an Order Granting Approval of the Settlement Agreement, and Rockwell converted the Debt pursuant to a 3(a)(10) exemption into 10,000,000 shares of the Company’s common stock. The conversions took place between January 4, 2017 and January 6, 2017. The shares did not extinguish all of the debt of the Company; instead, the shares issued were a first tranche toward extinguishing debt of the Company.