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<td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font-size: 10pt">b)</font></td><td style="text-align: justify"><font style="font-size: 10pt">99,500,000 shares of Class A Common stock issued to a director of
the Company for payment of accounts payable in the amount of $78,500 for directors fees owed for over 6 years, market value of
shares was $21,250, which resulted&nbsp;in $57,250 gain from settlement. Gain was recorded as additional paid-in capital,</font></td></tr></tbody></table>
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<td></td><td><font>b)</font></td><td><font>99,500,000 shares of Class A Common stock issued to a director of
the Company for payment of accounts payable in the amount of $78,500 for directors fees owed for over 6 years, market value of
shares was $21,250, which resulted in $57,250 gain from settlement. Gain was recorded as additional paid-in capital,</font></td></tr></tbody></table>