NOTE 15 – SUBSEQUENT EVENTS

During the period from July 1, 2015 through July 16, 2015 the Company sold units of our securities at a price of $0.07 per unit. Each unit consists of one share of our common stock and one non-transferable common stock purchase warrant, with each common stock purchase warrant entitling the holder to acquire one additional share of our common stock at a price of $0.10 per share for a period of two years. The Company sold 1,071,429 units during the period ended June 30, 2015 consisting of 1,071,429 shares of common stock and 1,071,429 warrants for $75,000 proceeds.

Between July 1, 2015 and July 16, 2015 the Company entered into $100,000 of Convertible promissory note were convertible into Common stock at $0.07 per share. The Convertible promissory note had an 8% annual interest rate, 1 year term and rights to 1,428,572 warrants with a two year term an exercise price of $0.10 per share.

Between July 16, 2015 and August 11, 2015 1,338,797warrants were exercised in a cashless exercise and 1,457,771 warrants were forfeited.