SUBSEQUENT EVENTS

Effective May 1, 2016, the Company executed a one-year consulting agreement with a Corporation. For the consultant services, the consultant was paid cash for $50,000 and issued a value of $200,000 in Company’s stock in four quarterly instalments over the 12 -month period ending May 15, 2017. In September 2016, the Company issued 488,851 common stock to the consultant being the first quarterly instalment for a value of $50,000 which was due August 15, 2016.

Effective September 16, 2016, Allen Ezer resigned the office of Executive Vice President but will continue as a director of the Company until the earlier of a) date a replacement director is appointed or b) December 31, 2016.

Effective September 27, 2016, Dave Goodbrand resigned as a director from the Company.