NOTE

October 2, 2014,

$500,000

ore interest at per annum, with all unpaid principal and accrued interest due and payable on On the Company had repaid in full the outstanding under the Note, accrued interest totaling and the late payment penalty fee of  

for a term of years, at an exercise price per share equal to Accordingly, in connection with the advance of Lender is entitled to purchase up to shares of common stock upon exercise of the warrant at per share. The Lender has other material relationship with the Company or its affiliates. The estimated relative fair value of warrants issued in connection with advances under the Line of Credit is recorded as a debt discount and is amortized as additional interest expense over the term of the underlying debt. The Company recorded debt discount of approximately based on the relative fair value of these warrants. In addition, as the effective conversion price of the debt was less than the market price of the underlying common stock on the date of issuance, the Company recorded additional debt discount of approximately related to the beneficial conversion feature. As of the Line of Credit has been paid in full. As of the principal amount outstanding under this agreement was presented net of unamortized debt discount totaling During years ended and the Company recorded approximately and respectively of debt discount amortization, which is included in interest expense in the accompanying consolidated statements of operations.