X0306 4 2017-04-26 1 0001074871 BEAR LAKE RECREATION INC BLKE 0001304681 ALBISTON TODD L 8346 SOUTH VISCOUNTI DRIVE SANDY UT 84093 0 0 0 1 Former Sec., Trea and Director Common Stock 2017-04-26 4 S 0 181633 0.022 D 104083 D Common Stock 2017-04-26 4 S 0 82416 0.02 D 21667 D Common Stock 2017-04-26 4 S 0 6667 0.02 D 15000 D These shares reflect a 3.5 for 1 reverse stock split effective October 23, 2006. The previous ownership reported was 1,000,000 shares beneficially owned, which after the reverse and rounding equals 285,716 shares beneficially owned. 181,633 shares were cancelled to the Company for an aggregate price of $4,000 pursuant to a Common Stock Purchase Agreement dated April 5, 2017 (the "Agreement"), and filed with the Securities and Exchange Commission on that date; the Agreement was closed and completed on April 26, 2017, at which time Mr. Albiston's resignation as an officer and director became effective. Mr. Albiston sold 82,416 shares to a person who may be deemed to have been a related party of the Company at $0.02 per share for an aggregate purchase price of $1,648.32. Mr. Albiston sold 6,667 shares to a former legal counsel of the Company at $0.02 per share for an aggregate purchase price of $133.34. The Agreement required that the remaining 15,000 shares owned by Mr. Albiston be pledged to the Company for a period of 12 months under an Indemnification Escrow Agreement and an Indemnification Agreement. The Agreement required that the remaining 15,000 shares owned by Mr. Albiston be pledged to the Company for a period of 12 months under an Indemnification Escrow Agreement and an Indemnification Agreement. /s/ Todd Albiston 2017-04-27