Tangible Assets Acquired:

Allocation

Cash and cash equivalents

517

Accounts payable

(326,400

)

Accrued interest

(1,197,027

)

Accrued officer compensation

(453,333

)

Convertible Notes

(620,933

)

Put premium on stock settled debt

(230,743

)

Loans payable

(254,500

)

Net Tangible Assets Acquired

$

(3,082,419

)

Equity Acquired:

Series A Preferred stock, 3,500,000 shares authorized, par value $0.01; 3,381,520 shares issued and outstanding

(33,815

)

Series B Preferred stock, 10,000 shares authorized, par value $0.01; 5,000 shares issued and outstanding

(50

)

Series C Preferred stock, 10,000,000 shares authorized, par value $0.01; 5,000,000 shares issued and outstanding

(50,000

)

Series D Preferred stock, 125,000 shares authorized, par value $0.0001; 125,000 shares issued and outstanding

(12

)

Series E Preferred stock to be issued

(166,331

)

Series F Preferred stock, 101 shares authorized, par value $0.0001; 101 shares issued and outstanding

-

Common stock 20,000,000,000 shares authorized, $0.00001 par value; 8,955,014,498 shares issued and outstanding

(89,550

)

Treasury stock, at cost – 2,917 shares

773,500

Additional paid in capital

(2,648,676

)

Consideration:

Series G Preferred Stock holding the voting rights to 78% of the total voting equity securities to Bowmo’s stockholders

1,000