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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">e)</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company issued 75,000,000 shares Class A Common Stock to a Company upon the conversion of $18,000 of debt owed to a debtor of the Company pursuant to an Assignment of Debt Agreement. The market value of the shares was $47,400. The difference between the market value and the debt reduction of $29,400 was charged to settlement expense</font></div>
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<div><font>e)</font></div>
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<div><font>The Company issued 75,000,000 shares Class A Common Stock to a Company upon the conversion of $18,000 of debt owed to a debtor of the Company pursuant to an Assignment of Debt Agreement. The market value of the shares was $47,400. The difference between the market value and the debt reduction of $29,400 was charged to settlement expense</font></div>
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