The Company is in the process of restating its financials for several quarters and yearend statements to bring current. All quarterly and annual reports required to be filed by the Company under the Exchange Act for the three (3) years preceding the date hereof (the foregoing materials, including the exhibits thereto and documents incorporated by reference therein, being collectively referred to herein as the “ SEC Reports ”) are under review in an effort to restate and correct various statements and financial filings. The company has not requested an extension for such filings, however, the company has engaged a new accountant and identified a new auditing firm to assist in the restated filings.