NOTE 12 – SUBSEQUENT EVENTS

Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that no material subsequent events exist other than noted below.

On January 16, 2015, the Company executed a convertible promissory note for $69,000 with KBM Worldwide, Inc. The note bears interest at 8% per annum and is due on or before October 20, 2015. The note is convertible at a 42% discount any time during the period beginning 180 days following the date of the note.

Subsequent to December 31, 2014, the Company executed multiple promissory notes with creditor totaling $298,000. As of March 20, 2015 all $298,000 was converted into 1,655,555 shares of common stock.

On January 9, 2015, the Company received a $50,000 short term loan from creditor. The terms of the loan have not yet been finalized.

On February 20, 2015, the Company executed a Factoring and Security Agreement with LSQ Funding Group L.C. (“LSQ”) Pursuant to the terms of the agreement LSQ will purchase as absolute owner certain accounts receivable as agreed upon by both parties. LSQ will credit the company’s account the purchase price less applicable fees. As of March 31, 2015 LSQ has purchased $814,512 of the Company’s receivables. Of this the Company has received approximately $715,800.

Subsequent to December 31, 2014, the Company authorized the issuance of 4,000 shares of common stock for services.