On 27 September 2012, Energy 1 Corporation issued 167,000,000 restricted shares of its Commonstock to TCA Global Credit Master Fund, LP (“TCA” or “TCA Fund”) as and in lieu of an investment banking service charge of US$100,000 in connection with a $3MM Senior Secured Credit Facility established by and between TCA and the Company, whereby funds would be made available to Energy 1 Corporation by TCA on an as-needed basis, with the initial draw set at US$600,000