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&lt;p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Note 11 &amp;#150; Subsequent Events&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;font style="background-color: white"&gt;On
May 9, 2013, Mr. Malcolm Albery resigned as a director of the Company.&lt;/font&gt;&lt;/p&gt;

&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;font style="background-color: white"&gt;On
July 23, 2013, Mr. Robert Thayer resigned as the Chief Executive Officer of the Company and Mr. Mohammad Fazil was appointed a
director, Chairman of the Board and Chief Executive Officer of the Company.&lt;/font&gt;&lt;/p&gt;

&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company has evaluated subsequent
events from the balance sheet date through the date that the financial statements were issued and determined that there were no
other events to disclose.&lt;/p&gt;



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