Transaction Details

Footnotes

Shares of common stock were issued to Mr. Thomas for his service as Chief Executive Officer of the Issuer, in settlement of accrued compensation in the amount of $486,512. | Beneficial ownership excludes 2,638,000 shares of common stock owned, and 200,000 shares of series B preferred stock, which is convertible into 20,000,000 shares of common stock. | The Series C Special Preferred Stock, as a class, has rights in all matters requiring shareholder approval to a number of votes equal to two (2) times the sum of, a) the total number of shares of common stock which are issued and outstanding at the time of any election or vote by the shareholders; plus, b) the number of votes allocated to shares of Preferred Stock issued and outstanding of any other class that shall have voting rights.