On October 6, 2014, the Company issued 153,958 shares of common stock upon the conversion of a note with principal and accrued interest totaling $65,090, that bear interest at 10% per annum, and was convertible into one share of common stock, par value $0.001 per share, with a conversion ratio equal to $0.50 per share.

On October 9, 2014, per an agreement that the Company entered into with Bristol Institutional Relations, the Company issued 50,000 shares of common stock. The shares were valued at $44,000.

The Company expects to enter into an employment agreement with John Pavlish to be effective on or after November 16, 2014. On November 12, 2014, the Board of Directors approved the proposed contract terms which include the issuance of stock options for the purchase of shares of the Company’s common stock in the aggregate amount of three million shares, two million of which would be issued on November 16, 2014 and one million of which would be issued on November 16, 2015, in each case pursuant to the terms of the Company’s 2014 Equity Incentive Plan. These options are to vest two years after the original grant date, subject to his continued employment.