1. NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS Blox, Inc. (the "Company") was incorporated on July 21, 2005 under the laws of the state of Nevada. The Company?s wholly owned subsidiary, Nava Resources, Canada Inc. (?Nava Resources, Canada?), was incorporated in Canada on August 9, 2005. The Company is an exploration stage company. The Company?s principal business is the acquisition and exploration of mineral properties. The Company has not yet determined whether its property contains mineral reserves that are economically recoverable. In January 2013, the Company changed its name from Nava Resources, Inc. to Blox, Inc. On June 19, 2013, the Company signed an agreement with International Eco Endeavors Corp. (?Eco Endeavors?) to complete a business combination with Eco Endeavors and Ourco Capital Ltd. (?Ourco?), a wholly owned subsidiary of the Company formed for the purpose of this business combination. At amalgamation of Eco Endeavors and Ourco, all of Eco Endeavors common shares outstanding shall be cancelled, and the holders of Eco Endeavors? common shares, other than the Company and Ourco, shall receive in exchange for their Eco Endeavors? common shares cancelled, 60,000,000 units of the Company on a pro-rata basis with a deemed value of $0.05 per unit. Neither the Company nor Ourco shall receive any repayment of capital in respect of any Eco Endeavors? common shares held by them that are cancelled. All of the common shares of Ourco outstanding immediately prior to the effective time shall be cancelled and replaced with an equal number of common shares of the amalgamated company (?Amalco?) formed between Eco Endeavors and Ourco, and will be a wholly owned subsidiary of the Company. As consideration for the issuance of the Company?s units, Amalco shall issue the Company one common share of Amalco for each unit issued. This agreement is subject to the Company?s completion of due diligence of Eco Endeavors which has not yet been completed. Eco Endeavors sources, develops, and operates renewable energy projec