Convertible Notes Payable

3 Months Ended

Aug. 31, 2014

Notes to Financial Statements

Note 9 - Convertible Notes Payable

At August 31, 2014, the convertible notes payable consisted of

Date of Note	Noteholder	Interest Rate			Maturity Date	Principal Amount			Unamortized Debt Discount		Net Carrying Amount
12/09/13	JMJ Financial Inc.		10	%	12/09/14		50,000	(i)		46,585		3,415
02/13/14	JMJ Financial Inc.		10	%	08/13/14		10,364	(i)		10,364		0
02/19/14	Iconic Holdings, LLC		10	%	09/19/14		30,000	(a)		29,065		935
2/26/14	LG Capital, Inc.		8	%	09/26/14		25,475	(a)		25,475		0
03/07/14	JSJ Investments, Inc		12	%	10/07/14		30,000	(g)		27,278		2,722
03/28/14	Redwood Fund, III		10	%	09/28/14		50,000	(f)		48,757		1,243
03/28/14	Redwood Management		10	%	09/28/14		50,000	(g)		48,757		1,243
03/28/14	Asher Enterprises, Inc		8	%	09/28/14		42,500	(l)		34,060		8,440
04/14/14	WHC Capital, Inc		12	%	10/14/14		53,000	(i)		51,716		1,284
04/11/14	Tonaquint Inc		12	%	10/11/14		47,000	(g)		45,797		1,203
04/24/14	JSJ Investments, Inc				10/24/14		50,000	(g)		48,757		1,243
05/12/14	Iconic Holdings, LLC.		10	%	11/12/14		55,000	(g)		54,625		375
05/14/14	KGM Worldwide, Inc		8	%	11/14/14		32,500	(l)		32,187		313
06/12/14	Adar Bays, LLC.		8	%	12/12/15		52,500	(g)		52,363		137
06/23/14	JMJ Financial, Inc.		10	%	12/23/14		50,000	(i)		49,864		136
07/03/14	LG Capital, Inc		8	%	01/03/15		36,750	(a)		36,622		128
07/22/14	Redwood Fund, III		10	%	01/22/15		100,082	(f)		99,963		119
Totals						$	765,171		$	742,235	$	22,936

Legend

(a) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to the lower of $0.081 or 50% of the average of the three lowest closing prices during the 10 trading days prior to the notice of conversion.

(b) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to the lower of $0.085 or 60% of the lowest closing price during the 25 trading days prior to the notice of conversion.

(c) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to the lower of $0.08 or 50% of the lowest closing price during the 10 trading days prior to the notice of conversion.

(d) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to the lower of $0.0725 or 34% of the lowest closing price during the 20 trading days prior to the notice of conversion.

(e) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 55% of the average of the two lowest closing prices during the 15 trading days prior to the notice of conversion.

(f) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to the lower of $0.00929 or 50% of the average of the three lowest trading prices during the 10 trading days prior to the notice of conversion.

(g)	At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 25% of the lowest trading price during the 20 trading days prior to the notice of conversion.
(h)	At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 58% of the average of the two lowest closing prices during the 15 trading days prior to the notice of conversion.

(i) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 40% of the lowest closing price during the 25 trading days prior to the notice of conversion.

(j) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 40% of the lowest closing price during the 20 trading days prior to the notice of conversion.

(k) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 58% of the average of the two lowest closing prices during the 15 trading days prior to the notice of conversion.

(l) At noteholder’s option, the principal amount (and accrued interest) are convertible into shares of DoMark common stock at a conversion price equal to 49% of the average of the two lowest closing prices during the 15 trading days prior to the notice of conversion.