NOTE 10 SUBSEQUENT EVENTS
has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued
to determine if they must be reported. The management of the Company determined that the following were certain reportable subsequent
events to be disclosed as follows:
On September 1, 2012 issued 25,000 restricted shares to
Peter Gawith, advisory board member, in accordance with his agreement for consulting services.