NOTE 13 – SUBSEQUENT EVENTS

From January 1, 2016 through March 15, 2016, the Company has entered into business relationships with xTV, Kinoke, Mancuso-Martin Productions, SINT Mobile, Inc., launched seventeen of its own game apps.

On January 27, 2016, through the Company’s subsidiary, Inner Four, Inc., the Company signed a master services agreement with xTV.net to develop a Cloud Television Network for projects such as talk shows, music videos and sports events. Under this agreement, the Company has five networks with unlimited channels for each network. Currently, the Company has started to build demo networks that can be seen at www.InCapta.tv.

As various times between January 4, 2016 and February 4, 2016, Mr. Acunto loaned the Company an additional total of $4,278. These loans bear interest at the rate of 4% per annum.

On February 4, 2016, the Company, through its subsidiary Stimulating Software, entered into a service agreement with Kinoke to provide monthly website/app storage and maintenance and programming for Kinoke’s “Tunstall/Kinoke” app which is a picture/video storage system to allow people to record and store family photo/videos with sound. Kinoke through its relationship with Tunstall is estimated to reach four million subscribers. Under the agreement, the Company will also develop further apps for Kinoke that will be offered to the subscriber base.

On February 12, 2016, the Company, through its subsidiary Inner Four, Inc., entered into a joint venture agreement with Mancuso-Martin Productions to build a television network to air Leading Edge Radio Network talk shows, radio and other productions to be developed.

On March 4, 2016, the Company issued 22,493,310 restricted shares of common stock to Team AJ, LLC (controlled by John Acunto) under the Acquisition Agreement.

On March 7, 2016, the Company, through its subsidiary Stimulating Software, entered into a joint venture agreement with SINT Mobile, Inc dba Stay In Touch Mobile to develop five game apps for advertising that will be marketed to mobile carriers in India (estimated 230 million users), Africa, Indonesia and other areas of the World.

During the period of January 1, 2016 through April 18, 2016, the Company issued shares of its common stock as follows:

11,213,332 free trading shares of common stock under the Company’s Stock and Option Plan to consultants as compensation for services valued at $1,462,999. The value was based on the market price of the Company’s common stock at the date of issuance.

50,000 free trading shares of common stock under the Company’s Stock and Option Plan to an attorney as compensation for services valued at $2,000. The value was based on the market price of the Company’s common stock at the date of issuance.

26,844,248 restricted shares of common stock in connection with the Acquisition Agreement dated September 3, 2015, with a value of $3,687,239. The value was based on the acquisition agreement dated September 3, 2015.

4,000,000 freee trading shares of common stock under the Company’s Stock and Option Plan as a result of options issued under this plan to a consultant, with a value of $80,000. The value was based on the board of directors setting the exercise price at $0.02 per share.

On May 31, 2016, the Company entered into a Settlement Agreement and Stipulation (“Agreement”) with Rockwell Capital Partners, Inc., a Delaware corporation (“Rockwell”). Under the Agreement, Rockwell acquired outstanding liabilities of the Company in the principal amount of $50,861.25 under the terms set forth in a Claim Purchase Agreement. After the execution of the Agreement, the Company and Rockwell submitted, pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended (“Act”), the terms and conditions of this agreement to the Court for a hearing on the fairness of such terms and conditions, and the issuance exempt from registration of the Settlement Shares, as defined under the Agreement. On June 1, 2016, the Circuit Court of the Twelfth Judicial Circuit of Florida (Sarasota County) entered an order finding that the Agreement is approved as fair to Rockwell, within the meaning of Section 3(a)(10) of the Act, and that the sale of the shares to Rockwell and the resale of the shares by Rockwell will be exempt from registration under the Act.