NOTE 7 – STOCK ISSUANCE

In February and March 2015, the Company sold securities in a self-directed offering in the aggregate amount of $365,000 at $0.30 per unit. Each unit consisted of 1 share of restricted common stock (1,216,664 shares), 2 Class D warrants, each to purchase 1 share of restricted common stock at $0.10 per share, which expire March 31, 2020, and 1 Class E warrant to purchase 3/4 of 1 share of restricted common stock at $0.1667 per share, which expires March 31, 2020. “Most favored nation” rights are available to the purchasers of such units as described in the Subscription Agreement.

As of March 31, 2015, the Company has 65,102,594 shares issued and outstanding.