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<td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-size: 10pt; color: Black">e)</font></td><td style="text-align: justify"><font style="font-size: 10pt; color: Black">The
                                         Company issued an aggregate of 97,130 (971,300,000 pre-reverse split) shares of Class
                                         A Common Stock upon the conversion of $59,315 of debt owed to various debtors of the
                                         Company pursuant to various Assignment of Debt Agreements. The market value of the shares
                                         was $483,890. The difference between the market value and the debt reduction of $424,575
                                         was charged to settlement expense.</font></td></tr></tbody></table>
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<td></td><td><font>e)</font></td><td><font>The
                                         Company issued an aggregate of 97,130 (971,300,000 pre-reverse split) shares of Class
                                         A Common Stock upon the conversion of $59,315 of debt owed to various debtors of the
                                         Company pursuant to various Assignment of Debt Agreements. The market value of the shares
                                         was $483,890. The difference between the market value and the debt reduction of $424,575
                                         was charged to settlement expense.</font></td></tr></tbody></table>