<SEC-DOCUMENT>0000721748-15-000739.txt : 20160119
<SEC-HEADER>0000721748-15-000739.hdr.sgml : 20160118
<ACCEPTANCE-DATETIME>20151006161612
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000721748-15-000739
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		17
FILED AS OF DATE:		20151006

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MassRoots, Inc.
		CENTRAL INDEX KEY:			0001589149
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				462612944
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1624 MARKET STREET,
		STREET 2:		SUITE 201
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		720-442-0052

	MAIL ADDRESS:	
		STREET 1:		1624 MARKET STREET,
		STREET 2:		SUITE 201
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY STYLE="font-size: 10pt">


<P STYLE="margin: 0; text-align: justify"><I><IMG SRC="image_008.gif" ALT=""></I></P>

<P STYLE="margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify"><I>Via Edgar&#9;</I></P>

<P STYLE="margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="margin: 0; text-align: justify"><I></I></P>

<P STYLE="margin: 0; text-align: justify">October 6, 2015</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify; text-indent: 40pt">Division of Corporation Finance</P>

<P STYLE="margin: 0; text-align: justify; text-indent: 40pt">U.S.
Securities and Exchange Commission</P>

<P STYLE="margin: 0; text-align: justify; text-indent: 40pt">100 F Street, N.E. Washington, D.C. 20549</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: right">Attention:</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Matthew Crispino, Attorney</TD>
</TR>     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="text-align: justify">Mitchell
Austin, Attorney </TD></TR>
</TABLE>

<P STYLE="margin: 0; text-align: justify">&nbsp; &nbsp;&nbsp;</P>

<P STYLE="margin: 0; text-align: justify"><FONT STYLE="font-variant: small-caps">Re:</FONT>&#9;<FONT STYLE="color: windowtext">MassRoots,
Inc. </FONT></P>

<P STYLE="margin: 0; text-align: justify">Amendment
to No. 1 to Registration Statement on Form S-1</P>

<P STYLE="margin: 0; text-align: justify">Filed September
3, 2015</P>

<P STYLE="margin: 0; text-align: justify">File No.
333-196735</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">Ladies and Gentlemen:</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify; text-indent: 20pt">On behalf of MassRoots,
Inc. (the &#8220;Company&#8221;), we are writing to respond to the comments provided in a letter dated September 29, 2015, from
the staff of the Securities and Exchange Commission (the &#8220;Commission&#8221;) regarding the Company&#8217;s Registration
Statement on Form S-1 filed with the Commission on September 3, 2015 (the &#8220;Registration Statement&#8221;). The Company&#8217;s
responses below correspond to the captions and numbers of those comments, which are reproduced below in italics. In response to
your comments, the Company has amended the Registration Statement, as appropriate, and filed Amendment #1 to the Registration
Statement with the Commission (the &#8220;Amendment&#8221;). Capitalized terms used in this letter but not otherwise defined herein
have the meanings assigned to them in the Registration Statement.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify"><U>General</U></P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right"><I>Comment 1.</I></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><I>You
appear to be registering the offer and sale of units consisting of one share of common stock and one warrant. In this regard,
we note that the shares of common stock and warrants will be purchased together in this offer. Please revise your fee table and
the cover page of your prospectus to clarify that you are registering these units in addition to their component securities. In
addition, file a revised legality opinion that includes an opinion with respect to the units. For guidance, consider Question
240.05 of our Securities Act Rules Compliance and Disclosure Interpretations.</I></TD>
</TR></TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">Response:</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">In response to your comment, the Company has revised the fee table of the Registration
Statement and cover page of the Prospectus to refer to units in addition to the component securities. In addition, we have filed
a revised legal opinion that includes an opinion with respect to the units. Please see the cover page of the Amendment and Exhibit
5.1 filed along with the Amendment.</TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;<IMG SRC="image_011.jpg" ALT=""><U></U></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; text-align: justify"></P>

<P STYLE="margin: 0; text-align: justify"><U>Use
of Proceeds, page 19</U></P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right"><I>Comment 2.</I></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><I> Given that you have structured this transaction on best-efforts, no minimum
basis, please revise to include a table that discloses the proceeds you may receive if different amounts of securities are sold.
We will not object if your table begins with a column that assumes the sale of 25 percent of the offered securities.</I></TD>
</TR></TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">Response:</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">In response to your comment, the Company has revised the &#8220;Use of Proceeds&#8221;
section of the Registration Statement to include a table that discloses the proceeds the Company may receive if 25%, 50%, 75%
and 100% of the securities included in the Offering are sold and how those proceeds are expected to be used by the Company. Please
see page 21 of the Amendment.</TD>
</TR></TABLE>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>



<P STYLE="margin: 0; text-align: justify"><U>Part II: Information Not Required in Prospectus</U>&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify"><U>Item 16. Exhibits and Financial
Statement Schedules, page 116</U></P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right"><I>Comment 3.</I></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><I> Please file a form of warrant and form of subscription agreement as exhibits
to your registration statement.</I></TD>
</TR></TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">Response:</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">A form of warrant and form of subscription agreement have been filed together with
the Amendment as Exhibit 4.2 and Exhibit 4.3.</TD>
</TR></TABLE>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>



<P STYLE="margin: 0; text-align: justify"><U>Exhibit 5.1</U></P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right"><I>Comment 4.</I></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><I>Please
file a revised legality opinion that opines on whether the warrants will be a binding obligation of the registrant under the law
of the jurisdiction governing the warrant agreement. For guidance, consider Section II.B.1.f of our Staff legal Bulletin No. 19.</I></TD>
</TR></TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: right">Response:</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">In response to your comment, a revised legality opinion that opines on whether the
warrants will be a binding obligation of the Company under Delaware law has been filed together with the Amendment as Exhibit
5.1.</TD>
</TR></TABLE>


<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify; text-indent: 20pt">If you have any questions
relating to any of the foregoing, please contact the undersigned at (212)&nbsp;908-3958.</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify">Respectfully,</P>

<P STYLE="margin: 0; text-align: justify"><U>/s/ Peter J. Gennuso</U></P>

<P STYLE="margin: 0; text-align: justify">Peter J. Gennuso</P>

<P STYLE="margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">Copy to: Isaac
Dietrich</P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>2
<FILENAME>filename2.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center">As filed with the Securities and Exchange
Commission on <STRIKE>September 2</STRIKE><U>October 5</U>, 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: right; border-bottom: Black 1.5pt solid">Registration
No. 333- 196735</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>UNITED STATES SECURITIES AND EXCHANGE
COMMISSION</B><BR>
<B>WASHINGTON, D.C. &nbsp;20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">______________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>AMENDMENT NO. 1</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>TO</U><BR>
FORM S-1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>______________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>MASSROOTS,
INC.</B></FONT><BR>
<I> (Exact name of registrant as specified in its charter)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Delaware</B></TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7370</B></FONT> </TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>46-2612944</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>(State or other jurisdiction of incorporation or organization)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>(Primary Standard Industrial Classification Code Number)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>(I.R.S. Employer Identification Number)</I></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>1624 Market Street, Suite 201,
Denver, CO 80202 </B><BR>
<B>(720) 442-0052</B><BR>
<I>(Address, including zip code, and telephone number, including area code, of Registrant&#8217;s principal executive offices)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>______________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Isaac Dietrich, Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>MassRoots, Inc.</B><BR>
<B>1624 Market Street, Suite 201, Denver, CO 80202</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>(720) 442-0052</B><BR>
<I>(Name, address, including zip code, and telephone number,</I><BR>
<I>including area code, of agent for service)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>______________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 6pt; text-align: center"><I>Please send copies of all communications
to:</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Peter J. Gennuso, Esq.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Christopher A. Moore, Esq.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Thompson Hine LLP</B><BR>
        <B>335 Madison Avenue, 12<SUP>th</SUP> Floor</B><BR>
        <B>New York, NY&nbsp;&nbsp;10017</B><BR>
        <B>Tel: (212) 908-3958 </B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fax: (212) 344-6101</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>______________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>As soon as practicable after the effective
date of this Registration Statement.</B></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>(Approximate date of commencement of
proposed sale to the public) </I></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If any of the securities being registered
on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the
following box: <FONT STYLE="font-family: Wingdings"><STRIKE>&thorn;</STRIKE><U>o</U></FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If this Form is filed to register additional
securities for an offering pursuant to Rule 462(b) under the Securities Act of 1933, please check the following box and list the
Securities Act of 1933 registration statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If this Form is a post-effective amendment
filed pursuant to Rule 462(c) under the Securities Act of 1933, check the following box and list the Securities Act of 1933 registration
statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If this Form is a post-effective amendment
filed pursuant to Rule 462(d) under the Securities Act of 1933, check the following box and list the Securities Act of 1933 registration
statement number of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2
of the Exchange Act.</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Large accelerated filer <FONT STYLE="font-family: Wingdings">o</FONT>
&#9;Accelerated filer <FONT STYLE="font-family: Wingdings">o </FONT>Non-accelerated filer <FONT STYLE="font-family: Wingdings">o</FONT>
Smaller reporting company <FONT STYLE="font-family: Wingdings">&thorn;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><SUP>(Do not check if a smaller reporting company)</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>____________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Calculation of Registration Fee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 57%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><B><U>Title of Each Class of Securities to be Registered</U></B></TD>
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><B><U>Proposed Maximum Aggregate Offering Price (1)</U></B></TD>
    <TD STYLE="width: 19%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><B><U>Amount of Registration Fee (2)</U></B></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>Units, consisting of </U>Common Stock<STRIKE>, par value $0.001 per share (3)</STRIKE><U> and Warrants to purchase Common Stock</U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$8,000,000</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$930</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>Common Stock underlying the Units, par value $0.001 per share (3)</U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>&#8212;&nbsp;&nbsp;</U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><U>(4)</U></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Warrants to purchase Common Stock <U>underlying the Units</U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#8212;&nbsp;&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(4)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Shares of Common Stock underlying Warrants (3)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$8,000,000 </TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$930</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Total </TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$16,000,000</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$1,860<U> (5)</U></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(1)&#9;Estimated solely for purposes of calculating
the registration fee pursuant to Rule 457(o) under the Securities &#9;Act of 1933, as amended (&#8220;Securities Act&#8221;)</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">Calculated pursuant to Rule 457(o) under the Securities Act based on an estimate of the proposed
maximum aggregate offering price.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD STYLE="text-align: justify">Pursuant to Rule 416 under the Securities Act, the securities being registered hereunder include
such indeterminate number of additional shares of common stock as may be issued after the date hereof as a result of stock splits,
stock dividends or similar transactions.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(4)</TD><TD STYLE="text-align: justify">No fee pursuant to Rule 457(g).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><STRIKE>&nbsp;</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><STRIKE>&nbsp;</STRIKE></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><STRIKE>&nbsp;</STRIKE></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><U>(5)</U></TD><TD STYLE="text-align: justify"><U>$1,860 has been previously paid by the issuer in connection with the filing of the Form S-1
on September 2, 2015. </U></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>____________________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment
which specifically states that this registration statement shall thereafter become effective in accordance with Section&nbsp;8(a)
of the Securities Act of 1933, or until the registration statement shall become effective on such date as the Securities and Exchange
Commission, acting pursuant to said Section&nbsp;8(a), may determine.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>____________________</B></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1pt 22.85pt 0 17.25pt; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 100%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #E8112D">The information in this prospectus is not complete and may be changed. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: white">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: red"><I>PRELIMINARY PROSPECTUS
        - </I></FONT><I><FONT STYLE="color: #E8112D">SUBJECT TO COMPLETION</FONT></I></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; color: red"><I>Dated <STRIKE>September 2</STRIKE><U>October
        5</U>, 2015</I></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1pt 22.85pt 0 17.25pt">&nbsp;</P>

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0 22.85pt 0 17.25pt">&nbsp;</P>

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0 40.1pt 0 34.55pt">&nbsp;</P>

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0 40.1pt 0 34.55pt">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin: 1pt 40.1pt 1pt 34.55pt"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 1pt 40.1pt 0 34.55pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 32%; padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="width: 39%"><IMG SRC="image_010.gif" ALT="Logo" STYLE="height: 42px; width: 223px"></TD>
    <TD STYLE="vertical-align: top; width: 29%; padding-right: 0.8pt; text-align: right">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>MASSROOTS, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Up to 4,000,000 Shares of Common Stock and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Warrants to Purchase 4,000,000 Shares of
Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify">This prospectus is part of a registration
statement that we filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;). This prospectus relates to the offering
of up to 4,000,000 shares of our common stock (&#8220;Common Stock&#8221;), together with of up to 4,000,000 warrants to purchase
shares of Common Stock at a price equal to $[ ] per share (&#8220;Warrants&#8221;), for gross proceeds of up to $8,000,000 (the
&#8220;Maximum Offering Amount&#8221;), before deduction of offering expenses. There is no minimum offering amount required as
a condition to closing in this offering, and as a result, the actual public offering amount, and proceeds to us, if any, are not
presently determinable and may be substantially less than the total Maximum Offering Amount. <FONT STYLE="font-family: Times New Roman, Times, Serif">This
offering will terminate upon the earlier to occur of (i) three months after this registration statement becomes effective with
the SEC, and (ii) the date on which the Offering is fully subscribed; provided, however, that we may, at our sole discretion, extend
the offering for an additional 90 days or terminate the Offering at an earlier date.</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">The
shares of Common Stock and the Warrants are immediately separable and will be issued separately but will be purchased together
in this offering.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify">Our common stock is currently quoted
on the OTCQB under the symbol &#8220;MSRT.&#8221; On <STRIKE>August 17</STRIKE><U>September 30</U>, 2015, the closing sale price
of our common stock was $1.<STRIKE>10</STRIKE><U>66</U> per share. We are applying to list our common stock on the NASDAQ Capital
Market under the symbol &#8220;MSRT&#8221;. No assurance can be given that our application will be approved. Currently, no public
market exists for our Warrants and we do not intend to apply for the listing of the Warrants on any securities exchange. The shares
of Common Stock and the Warrants are immediately separable and will be issued separately but will be purchased together in this
offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify">This offering will initially be conducted
on a self-underwritten, &#8220;best-efforts&#8221; basis and some or all of the common stock may be sold by our officers and directors.
Sales under this offering are on a best efforts basis and no minimum amount of shares is required to be sold for the offering to
proceed. If we raise only a nominal amount of proceeds we may be unable to implement our business plan and we may have to raise
additional capital and/or suspend or cease operations and investors who participate in this offering may lose their entire investments.
The Company may not be able to sell the entire amount of securities available in this offering and a purchaser in the offering
may be one of a very limited number of buyers. None of these officers or directors will receive any commission or compensation
for the sale of the securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><STRIKE>We have no current arrangements
nor have we entered into any agreements</STRIKE><U>We have engaged Chardan Capital Markets, LLC (&#8220;Chardan&#8221; or the &#8220;Placement
Agent&#8221;) to act as our exclusive placement agent in connection with this Offering. We have agreed to pay the Placement Agent
the placement agent fee set forth in the table below, which assumes that we sell all of the securities we are offering. The Placement
Agent is not required to arrange for the sale of any specific number of securities or dollar amount but will use its &#8220;reasonable
best efforts&#8221; to arrange for the sale of the securities. </U></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Total</U></B></FONT></TD>
    <TD NOWRAP>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 82%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Maximum gross proceeds</U></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 14%; padding-right: 4.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>8,000,000</U></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Maximum selling agent fees (1)</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>800,000</U></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Proceeds, before other expenses, to us</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>7,200,000</U></FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt"><U>&nbsp;&nbsp;</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 34px"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>(1)</U></FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>We have agreed to pay the Placement Agent a cash fee equal to (i) 10% of the gross proceeds received from &#8220;Chardan Contacts,&#8221; defined as accredited investors introduced to the Company by the Placement Agent, and (ii) 3% of the gross proceeds received from investors who are not Chardan Contacts, but where Chardan acts as the executing broker for the sale. No payment will be made where the investor is not a Chardan Contact and Chardan does not act as executing broker.&nbsp;&nbsp;See &#8220;Plan of Distribution&#8221; </U></FONT><U>beginning on page </U> <U>25 of <FONT STYLE="font-family: Times New Roman, Times, Serif">this Prospectus for more information regarding these arrangements.&nbsp;&nbsp;This amount assumes that all sales will be sold to Chardan Contacts and that the maximum amount of securities registered will be sold.&nbsp;&nbsp;&nbsp;</FONT></U></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt"><U>&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Because there is no minimum offering amount required as a condition
to closing in this offering, the actual offering amount, the placement agent fees and net proceeds to us, if any, in this offering
may be substantially less than the maximum offering amounts set forth above.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><U>We have no other arrangements</U>
with any underwriters, broker-dealers or selling agents for the sale of the securities, but we may enter into such arrangements
and agreements in the future. <STRIKE>If we can engage one or more underwriters, broker-dealers or selling agents (collectively,
&#8220;Selling Agents&#8221;) and enter into any such arrangements, our common stock will be sold through such Selling Agents.
No Selling</STRIKE><U> No Placement</U> Agent will have any obligation to purchase or accept any shares. See &#8220;Plan of Distribution&#8221;
beginning on page 25 of this Prospectus for more information on this offering. <STRIKE>If we choose to sell our common stock through
Selling Agents, we will file a post-effective amendment to the registration statement of which this Prospectus is a part to identify
them. We expect that any such sales will be made on a best efforts basis.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><B>Our common stock involves a high
degree of risk. You should read the &quot;RISK FACTORS&quot; section beginning on page 10 before you decide to purchase any of
our common stock.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><B>We qualify as an &#8220;emerging
growth company&#8221; as defined in the Jumpstart our Business Startups Act (&#8220;JOBS Act&#8221;). For more information, see
the prospectus section titled &#8220;Emerging Growth Company Status&#8221; starting on page 7.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><IMG SRC="image_011.gif" ALT="" STYLE="height: 2px; width: 266px"><B>
The Company has minimal revenues to date and there can be no assurance that the Company will be successful in furthering its operations
and/or revenues. Persons should not invest unless they can afford to lose their entire investment. Investing in our securities
involves a high degree of risk. You should purchase these securities only if you can afford a complete loss of your investment.
See &#8220;Risk Factors&#8221; beginning on page 10 of this prospectus.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><B>Neither the Securities and Exchange
Commission (the &#8220;SEC&#8221;) nor any state securities commission has approved or disapproved of these securities or passed
upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5.85pt 0 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5.85pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><I><U>Sole book running manager</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B><U>Chardan Capital Markets, LLC<BR>
<BR>
</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">The date of this prospectus is <STRIKE>September
2,</STRIKE><U>October [ ],</U> 2015&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 6pt; text-align: center"><B>TABLE OF CONTENTS</B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="width: 90%; text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">PROSPECTUS SUMMARY</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 5pt">44</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">THE OFFERING</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">88</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">SUMMARY FINANCIAL DATA</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">99</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">RISK FACTORS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">1010</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">NOTE ABOUT FORWARD-LOOKING STATEMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2020</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">TAX CONSIDERATIONS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2121</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">USE OF PROCEEDS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2121</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DILUTION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2222</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DETERMINATION OF OFFERING PRICE</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2222</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DIVIDEND POLICY</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2222</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">CAPITALIZATION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2323</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">PLAN OF DISTRIBUTION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2525</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DESCRIPTION OF BUSINESS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">2727</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">PROPERTIES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">4040</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL PERSONS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">4141</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXECUTIVE COMPENSATION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">4545</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">4949</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DESCRIPTION OF SECURITIES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">5050</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">53</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">DECEMBER 31, 2014 FINANCIAL STATEMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">6868</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">MARCHMarch 31, 2015 FINANCIAL STATEMENTS (UNAUDITEDUnaudited)</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">8383</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">JUNEJune 30, 2015 FINANCIAL STATEMENTS (UNAUDITEDUnaudited)</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">100100</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">LEGAL MATTERS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">115115</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXPERTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">115115</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New (W1)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">WHERE YOU CAN FIND MORE INFORMATION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">115115</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>You should rely only on the information
contained in this prospectus and any free writing prospectus prepared by us or on our behalf. We have not authorized anyone to
provide you with different or additional information. If anyone provides you with different or additional information, you should
not rely on it. The information in this prospectus is accurate only as of the date on the front of this prospectus. Our business,
financial condition, results of operations and prospects may have changed since the date of this prospectus. This prospectus is
not an offer or solicitation relating to the securities in any jurisdiction in which such an offer or solicitation relating to
the securities is not authorized. You should not consider this prospectus to be an offer or solicitation relating to the securities
if the person making the offer or solicitation is not qualified to do so, or if it is unlawful for you to receive such an offer
or solicitation.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">PROSPECTUS SUMMARY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify"><I>This summary highlights certain information
appearing elsewhere in this prospectus. This summary is not complete and does not contain all of the information you should consider
prior to investing. After you read this summary, you should read and consider carefully the more detailed information and financial
statements and related notes that we include in this prospectus, especially the sections entitled &#8220;Risk Factors&#8221; and
&#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations.&#8221; If you invest in our
securities, you are assuming a high degree of risk.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify"><I>Unless we have indicated otherwise or
the context otherwise requires, references in the prospectus to &#8220;MassRoots,&#8221; the &#8220;Company,&#8221; &#8220;we,&#8221;
&#8220;us&#8221; and &#8220;our&#8221; or similar terms are to MassRoots, Inc. Unless otherwise indicated, all share and per share
information relating to our common stock in this prospectus has been adjusted to reflect the &#8220;Exchange&#8221; which occurred
during our &#8220;Reorganization&#8221;. See &#8220;The Reorganization And Previous Offerings&#8221; for additional discussion
of the Exchange and Reorganization. </I></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">The MassRoots Story &#8211; Our Company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots was formed in April 2013 as a social
network for the cannabis community. In July 2013, we launched in the App Store and since that time, have grown into a community
of <STRIKE>500</STRIKE><U>575</U>,000 cannabis consumers. Our growth has been primarily driven by MassRoots&#8217; increasing popularity
as one of the first national cannabis brands and word of mouth virility from our users. We believe that by creating a central community
of hundreds of thousands of cannabis consumers, we are creating a valuable marketing and distribution channel for cannabis and
its ancillary products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_012.gif" ALT="" STYLE="height: 373px; width: 624px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_013.gif" ALT="" STYLE="height: 401px; width: 624px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We launched MassRoots for Business in early March 2015 as a free
online portal for cannabis-related businesses to schedule posts, view analytics and gain insights into their followers. Over 1,000
businesses, including 42% of the dispensaries in Colorado, were utilizing MassRoots for Business as of June 30, 2015. During August
2015, we began expanding its functionality to allow businesses to extend the reach of their posts and begin to monetize our network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I><U>MassRoots&#8217; Value Proposition to
Advertisers:</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">From July 2013 to August 2015, MassRoots&#8217;
sole focus was building an active and engaged community of hundreds of thousands of cannabis consumers. Much like Facebook&#8217;s
model, we believed that it would be far easier to on-board businesses and begin charging them advertising dollars once we had already
hit critical mass, which we believe we hit during the summer of 2015. The reasons we believe businesses will advertise on MassRoots
are:</P>

<UL STYLE="margin-top: 0in; list-style-type: disc; font-family: Times New Roman, Times, Serif">

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Nature of MassRoots Users.</I>
The typical MassRoots user is an active cannabis consumer, which is the target demographic for cannabis-related businesses. MassRoots
allows these businesses to maximize their lead on target. Unlike other forms of advertising like billboard, banner and display
ads that are seen by the general population, every dollar spent on MassRoots advertising puts their product and service directly
in front of cannabis consumers.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Social Endorsements of Products
and Services.</I> The majority of cannabis consumers do not feel comfortable recommending cannabis-related products and services
on Facebook, Instagram and Twitter as their family and co-workers follow them on these networks. By introducing a social recommendation
tool similar to Facebook&#8217;s, MassRoots will allow cannabis consumers to recommend their favorite strains, products and services
to their friends on MassRoots and the community at large.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Necessity.</I> Currently, Google,
Facebook and Twitter prohibit dispensaries from advertising on their networks, forcing cannabis-related companies to rely on billboard
and other alternative forms of advertising that may be far less cost effective due to their broad and un-targeted nature. We believe
there is a need for a self-service advertising portal that enables cannabis-related businesses to reach potential customers by
digital channels. The MassRoots platform will be compelling for advertisers as it offers direct access to a precise segment of
their target market as well as an extensive set of metrics to determine the effectiveness of advertising campaigns.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Reaching Consumers on Mobile Devices.</I>
Mobile advertising is quickly becoming a valuable and effective way for businesses to market themselves. As MassRoots&#8217; users
are almost entirely mobile-based, MassRoots will provide cannabis businesses a unique and extremely valuable channel to reach cannabis
consumers directly on their mobile devices.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Location-Based Solutions.</I>
All users are required to allow MassRoots to access their location, giving us the ability to target advertisements based on a user&#8217;s
location. For advertisers with physical locations, this will enable them to target their advertising within a specific radius of
their store, ensuring their marketing reaches their target consumers. This will also provide demographic data on emerging cannabis
markets, providing value for companies as they improve their offerings locally and begin to expand their operations.</LI>

</UL STYLE="font-family: Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I><U>MassRoots&#8217; Value Proposition
to Developers:</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Over the coming months, we will be introducing
an Application Programming Interface (API) to developers looking to integrate MassRoots&#8217; network into their cannabis-related
platform. We believe the benefits to developers are:</P>

<UL STYLE="margin-top: 0in; list-style-type: disc; font-family: Times New Roman, Times, Serif">

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>One Click Registration and Sign-In.</I>
Users do not like creating usernames, passwords and profiles for every app and website they access, which underlies the recent
popularity of the &#8220;Sign in with Facebook&#8221; button. However, because the majority of cannabis consumers do not feel comfortable
syncing their Facebook profile with cannabis-related websites and apps, we believe there is a need for a &#8220;Login with MassRoots&#8221;
button on cannabis-related digital properties. This will not only allow users to sync data between applications and save time,
but also give developers access to data and services they otherwise would not have.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Real-Time Content Displayed on
Digital Properties.</I> Whether it is posts about a cannabis-related event, a particular strain of cannabis, or any given cannabis
product, MassRoots&#8217; approximately <STRIKE>500</STRIKE><U>575</U>,000 users are constantly posting high-quality, user-generated
content that developers will be able to integrate and display on their own websites in real-time in a similar manner as Facebook
Pages and Live Tweets.</LI>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Content Distribution.</I> Similar
to users &#8220;Pinning&#8221; items on Pinterest, MassRoots&#8217; API will allow users to easily share cannabis-related photos,
articles, products and events they find on the Internet. This allows content providers to gage which products or articles are most
popular or &#8220;trending,&#8221; gain feedback from the cannabis community and boost their website traffic as they enhance their
social reputation.</LI>

</UL STYLE="font-family: Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I><U>MassRoots&#8217; Value Proposition
to Investors:</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">For investors looking to capitalize
on the rapidly growing cannabis industry permissible under laws of certain states, we believe MassRoots presents a unique and valuable
opportunity for the following reasons:</P>

<UL STYLE="margin-top: 0in; list-style-type: disc; font-family: Times New Roman, Times, Serif">

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Owning a Marketing and Distribution
Channel. </I>By creating a network of end cannabis consumers, MassRoots is creating a valuable marketing and distribution channel
for cannabis and its ancillary products. Over the coming months, we plan to expand MassRoots&#8217; functionality to include live
inventory, live pricing and order ahead; we will be able to push these features to hundreds of thousands of cannabis consumers
already engaging with the MassRoots Platform, allowing us to expand and conquer adjacent verticals in the cannabis market.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>Network Growth as a Barrier to
Entry.</I> Network effects have come to dominate consumer habits. Google+ failed to obtain a dominant market share in desktop-based
social networking because it wasn&#8217;t introduced until Facebook had already conquered the market. Similarly, when Facebook
introduced Poke as a competitor to SnapChat in late 2012, it failed to gain market share due to the market dominance already achieved
by SnapChat. Even if a well-financed competitor to MassRoots were to emerge, they would not only have to convince users on why
their platform is superior, but also get them to switch away from the network their friends are already using &#8211; every user
that MassRoots gains, every interaction that takes place on our network and every day that we grow, the barrier to entry grows
ever higher.</LI>

<LI STYLE="margin: 0 0 12pt; text-align: justify; font-family: Times New Roman, Times, Serif"><I>The Right Industry, the Right
Time, the Right Product.</I> MassRoots sits at the intersection of mobile technology and cannabis, two rapidly growing industries.
Per an October 2013 Gallup poll, 58% of the American people support the legalization of cannabis, while 14 states are projected
to pass adult-use laws and two states medical-use laws within the next five years. This is projected to cause cannabis sales permitted
under certain state laws to grow from $1.43 billion in 2013 to $10.2 billion by 2018. MassRoots has built a mobile network for
the cannabis community that has approximately <STRIKE>500</STRIKE><U>575</U>,000 users and continues to rapidly grow. Over the
coming months, we will be adding new features for our users, advertisers and developers that will expand the reach and utility
of our network, further accelerating growth and creating significant shareholder value.</LI>

</UL STYLE="font-family: Times New Roman, Times, Serif">

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Government Regulation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our business plan includes allowing cannabis
dispensaries to advertise on our network which we believe could be deemed to be aiding and abetting illegal activities, a violation
of Federal law. We intend on remaining within the guidelines outlined in the Cole Memo (as more fully described in this prospectus),
which does not alter the Department of Justice's authority to enforce Federal law, including Federal laws relating to cannabis,
but does recommend that U.S. Attorneys prioritize enforcement of Federal law away from the cannabis industry operating as permitted
under certain state laws so long as certain conditions are met. However, we cannot provide assurance that we are <FONT STYLE="font-family: Times New Roman, Times, Serif">in
full compliance with the Cole Memo or any other laws or regulations</FONT></P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Company Information</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">We are a Delaware corporation. Our address
is 1624 Market Street, Suite 201, Denver, CO 80202, our telephone number is (720) 442-0052 and our website is www.MassRoots.com.
The information on our website or mobile apps is not a part of this prospectus.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Emerging Growth Company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">We are an &quot;emerging growth company,&quot;
as defined in the JOBS Act, and we may take advantage of certain exemptions from various reporting requirements that are applicable
to other public companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Section 107(b) of the JOBS Act provides
that an &#8220;emerging growth company&#8221; can take advantage of the extended transition period provided in Section 7(a)(2)(B)
of the Securities Act for complying with new or revised accounting standards. In other words, an &#8220;emerging growth company&#8221;
can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have
irrevocably opted out of the extended transition period for complying with new or revised accounting standards pursuant to Section
107(b) of the JOBS Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">We could remain an &#8220;emerging growth
company&#8221; for up to five years, or until the earliest of (i) the last day of the first fiscal year in which our annual gross
revenues are $1 billion, as adjusted, or more, (ii) the date that we become a &#8220;large accelerated filer&#8221; as defined
in Rule 12b-2 under the <FONT STYLE="font-family: Times New Roman, Times, Serif">Securities Exchange Act of 1934, as amended (the
&#8220;Exchange Act&#8221;)</FONT>, which would occur if the market value of our common stock that is held by non-affiliates exceeds
$700 million as of the last business day of our most recently completed second fiscal quarter, or (iii) the date on which we have
issued more than $1 billion in non-convertible debt during the preceding three-year period.</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">THE OFFERING</P>

<TABLE CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">Securities offered</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Up to 4,000,000 shares of our Common Stock,
        together with of up to 4,000,000 Warrants to purchase shares of Common Stock at a price equal to $[ ] per share for gross proceeds
        of up to $8,000,000, before deduction of offering expenses. This Prospectus also relates to the <STRIKE>offering of </STRIKE>shares
        of Common Stock issuable upon exercise of the Warrants. The Warrants offered hereunder will not be listed on any securities exchange
        or quoted through any automated quotation system.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">Maximum Offering Amount</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">$8,000,000. There is no minimum offering amount required as a condition to closing this offering and as a result the actual amount raised in this offering may be significantly less than the Maximum Offering Amount.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">Offering price</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">[ ]</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">Description of Warrants</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">The Warrants will have an exercise price of $[ ] per share, subject to adjustment as set forth therein and will expire [ ] years from the date of issuance. The Warrants are exercisable immediately. Investors will receive [ ] Warrant for each share of common stock purchased in the Offering. </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">Common stock issued and outstanding before this offering</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">45,<STRIKE>526,571</STRIKE><U>928,971</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">Common stock issued and &nbsp;outstanding after this offering</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">[ ]</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.8pt; padding-left: 9pt; text-align: justify; text-indent: -9pt">Use of proceeds</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.8pt; text-align: justify">MassRoots will use the net proceeds from this offering for our general corporate purposes and working capital, to accelerate user-growth, develop new feature sets for our mobile applications, expand the services we offer to businesses and to meet the enhanced corporate governance and reporting requirements mandated by the Nasdaq Capital Markets.&nbsp;&nbsp;See &#8220;Use of Proceeds.&#8221;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">Risk factors</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">See &#8220;Risk Factors&#8221; beginning on page 10 and the other information set forth in this prospectus for a discussion of factors you should consider before deciding to invest in our securities.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt">Market for Common Stock</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Since April 9, 2015, our common stock has been quoted on the OTCQB under the symbol &#8220;MSRT&#8221;. The last reported sale price of the Company&#8217;s common stock, as of <STRIKE>August 17</STRIKE><U>September 30</U>, 2015 was $1.<STRIKE>10</STRIKE><U>66</U> per share. &nbsp;See &#8220;Market for Common Stock&#8221; on page 23. </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">Dividends</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">We have not declared or paid any
        dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">The number of shares of our common
        stock outstanding before this offering excludes:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 38.25pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><STRIKE>11,245,659</STRIKE><U>10,843,159</U> shares of common stock not included in this Offering that are issuable upon
        the exercise of warrants or convertible debentures currently outstanding;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 38.25pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>2,920,000 shares of common stock issuable upon the exercise of options granted under our 2014 Equity Incentive Plan to certain
        employees and directors, not included in this Offering.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">The number of shares of our common
        stock outstanding after this offering excludes:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 38.25pt; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><STRIKE>11,245,659</STRIKE><U>10,843,159</U> shares of common stock not included in this Offering that are issuable upon
        the exercise of warrants or convertible debentures currently outstanding;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 38.25pt; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>2,920,000 shares of common stock issuable upon the exercise of options granted under our 2014 Equity Incentive Plan to certain
        employees and directors, not included in this Offering.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 38.25pt; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>[ ] shares of common stock issuable upon exercise of the Warrants registered in this Offering with an exercise price of
        $[ ] per share.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">SUMMARY FINANCIAL DATA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following summary of our financial data
should be read in conjunction with, and is qualified in its entirety by reference to &#8220;Management&#8217;s Discussion and Analysis
of Financial Condition and Results of Operations&#8221; and our consolidated financial statements, appearing elsewhere in this
prospectus.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Statements of Operations Data</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the year-ended<BR>
        December 31, 2014</P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the quarter-ended<BR>
        March 31, 2015</P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the quarter-ended<BR>
        June 30, 2015</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD>Revenue </TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD COLSPAN="2">9,030</TD>
    <TD>$</TD>
    <TD>941</TD>
    <TD>$</TD>
    <TD>2,126</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD>Loss from operations</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD COLSPAN="2">(1,607,223)</TD>
    <TD>$</TD>
    <TD>(564,810)</TD>
    <TD>$</TD>
    <TD>(1,491,005)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD>Net loss</TD>
    <TD>&nbsp;</TD>
    <TD>$</TD>
    <TD COLSPAN="2">(2,436,142)</TD>
    <TD>$</TD>
    <TD>(550,509&#9;)</TD>
    <TD>$</TD>
    <TD>(1,517,297)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 19%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Balance Sheet Data</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">As of<BR>
        December 31, 2014</P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">As of<BR>
        March 31, 2015</P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">As of<BR>
        June 30, 2015</P></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; width: 35%; padding-right: 1.45pt">Cash</TD>
    <TD STYLE="vertical-align: bottom; width: 8%; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: bottom; width: 15%; padding-right: 1.45pt">141,928</TD>
    <TD STYLE="vertical-align: top; width: 7%; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; width: 15%; padding-right: 1.45pt">54,891</TD>
    <TD STYLE="vertical-align: top; width: 6%; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; width: 14%; padding-right: 1.45pt">171,363</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">Total assets</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">366,524</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">952,296</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">1,475,827</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">Total liabilities</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">1,313,328</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">1,442,032</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">$</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">634,156</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-right: 1.45pt">Total stockholders&#8217; equity (deficit)</TD>
    <TD STYLE="padding-right: 1.45pt">$</TD>
    <TD STYLE="padding-right: 1.45pt">(946,799)</TD>
    <TD STYLE="padding-right: 1.45pt">$</TD>
    <TD STYLE="padding-right: 1.45pt">(489,736)</TD>
    <TD STYLE="padding-right: 1.45pt">$</TD>
    <TD STYLE="padding-right: 1.45pt">841,671</TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">RISK FACTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><I>You should carefully consider
the risks described below and other information in this prospectus, including the financial statements and related notes that appear
at the end of this prospectus, before deciding to invest in our securities. These risks should be considered in conjunction with
any other information included herein, including in conjunction with forward-looking statements made herein. If any of the following
risks actually occur, they could materially adversely affect our business, financial condition, operating results or prospects.
Additional risks and uncertainties that we do not presently know or that we currently deem immaterial may also impair our business,
financial condition, operating results and prospects.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><U>Risks Relating to Our Financial Condition</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><B><I>Our independent registered accounting
firm has expressed concerns about our ability to continue as a going concern. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The report of our independent registered
accounting firm expresses concern about our ability to continue as a going concern based on the absence of significant revenues,
our significant losses from operations and our need for additional financing to fund all of our operations. It is not possible
at this time for us to predict with assurance the potential success of our business. The revenue and income potential of our proposed
business and operations are unknown. If we cannot continue as a viable entity, we may be unable to continue our operations and
you may lose some or all of your investment in our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We have limited operational history
in an emerging industry, making it difficult to accurately predict and forecast business operation. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">As we have less than three years of
corporate operational history and have only began to attempt to generate revenue, it is extremely difficult to make accurate predictions
and forecasts on our finances. This is compounded by the fact we operate in both the technology and cannabis industries, two rapidly
transforming industries. There is no guarantee our products or services will remain attractive to potential and current users as
these industries undergo rapid change or that potential customers will utilize our services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>As a growing technological company,
we have yet to achieve a profit and may not achieve a profit in the near future, if at all.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
have not yet produced a net profit and may not in the near future, if at all. While we expect our revenue to grow </FONT>significantly<FONT STYLE="font-family: Times New Roman, Times, Serif">,
we have not achieved profitability and cannot be certain that we will be able to sustain our current growth rate or realize sufficient
revenue to achieve profitability. Further, many of our competitors in the technological fields, such as Twitter, Inc., have a significantly
larger user base and revenue stream, but have yet to achieve profitability. Our ability to continue as a going concern may be dependent
upon raising capital from financing transactions, increasing revenue throughout the year and keeping operating expenses below our
revenue levels in order to achieve positive cash flows, none of which can be assured.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We may require additional capital
to support business growth, and this capital might not be available on acceptable terms, if at all.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We intend to continue to make investments
to support our business growth and may require additional funds to respond to business challenges, including the need to develop
new features and products or enhance our existing products, improve our operating infrastructure or acquire complementary businesses
and technologies. Accordingly, we may need to engage in equity or debt financings to secure additional funds. If we raise additional
funds through future issuances of equity or convertible debt securities, our existing stockholders could suffer significant dilution,
and any new equity securities we issue could have rights, preferences and privileges superior to those of holders of our common
stock. Any debt financing we secure in the future could involve restrictive covenants relating to our capital raising activities
and other financial and operational matters, which may make it more difficult for us to obtain additional capital and to pursue
business opportunities, including potential acquisitions. We may not be able to obtain additional financing on terms favorable
to us, if at all. If we are unable to obtain adequate financing or financing on terms satisfactory to us when we require it, our
ability to continue to support our business growth and to respond to business challenges could be impaired, and our business may
be harmed.</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><U>Risks Relating to Our Business and Industry<BR>
<BR>
</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Failure to properly scale our
network could result in diminished user experience.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">To date, we have been able to sustain
approximately <STRIKE>500</STRIKE><U>575</U>,000 users with only minor issues. As we potentially scale to millions of users, the
network's infrastructure as it relates to storage space, bandwidth, processing ability, speed and other factors may begin to deteriorate
or fail completely. This may result in deteriorating user experience, system failures or system outages for continued periods of
time. Additionally, issues with cross- compatibility of our Android, iOS and Web properties may cause system glitches, failures
or other technical issues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>New platform features or changes
to existing platform features could fail to attract new users, retain existing users or generate revenue.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our business strategy is dependent on
its ability to develop platforms and features to attract new users and retain existing ones. Staffing changes, changes in user
behavior or development of competing networks may cause users to switch to alternative platforms or decrease their use of our platform.
To date, MassRoots for Business is only in its beginning stages and is has not begun to generate revenue. There is no guarantee
that companies and dispensaries will use these features and we may fail to generate revenue. Additionally, any of the following
events may cause decreased use of our properties:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;Emergence of competing websites
and applications;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;Inability to convince potential
users to join our network;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;A decrease or perceived decrease
in the quality of posts on the network;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;An increase in content that is irrelevant
to our users;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;Technical issues on certain platforms
or in the cross-compatibility of multiple platforms;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;An increase in the level of advertisements
may discourage user engagement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;A rise in safety or privacy concerns;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#8226;&#9;An increase in the level of spam
or undesired content on the network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Conflicts of interest may arise
from other business activities of our directors and officers.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Several of our officers and directors
are engaged in business activities outside of MassRoots that may cause conflicts of interest to arise. Our Chief Executive Officer,
Isaac Dietrich, is also the President of RoboCent, Inc. (&#8220;RoboCent&#8221;), a political technology company. Per RoboCent's
bylaws, it is party and cause-agnostic, meaning RoboCent is retained by candidates of both parties that may be supportive or opposed
to cannabis legalization. While RoboCent is not currently retained by any campaigns or political action committees directly related
to cannabis legalization, it is possible for it to be retained by committees seeking to pass or defeat cannabis legalization initiatives.
Mr. Dietrich is no longer involved in the day-to-day operations of RoboCent, nor is he involved RoboCent's client relations. Mr.
Dietrich spends less than one hour per week on RoboCent-related matters and spends 40+ hours per week on MassRoots-related work.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our independent director, Tripp Keber,
is the Managing Partner of Dixie Elixirs &amp; Edibles (&#8220;Dixie&#8221;), a cannabis edibles brand in Colorado. Dixie is one
of MassRoots' partners in beta-testing advertising strategies; however, there is not currently a financial relationship between
the two companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our other independent director, Ean
Seeb, is also a partner at Denver Relief Consulting LLC. In this capacity, he advises dispensaries and other cannabis-related companies
on regulatory compliance, dispensary operations and marketing. His seat on the MassRoots Board of Directors may cause other cannabis-related
consulting agencies and competitors to Denver Relief Consulting LLC's clients to be hesitant to advertise with MassRoots. Potential
conflicts of interest may arise from Ean Seeb's position as Chairman of the National Cannabis Industry Association (&#8220;NCIA&#8221;),
the leading trade group of the cannabis industry. While MassRoots has been in agreement with the NCIA's decisions and actions to
date, we cannot guarantee conflicts will not arise in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Stewart Fortier, our director and our
Chief Technology Officer, Tyler Knight, our Chief Marketing Officer, and Daniel Hunt, our Chief Operating Officer, are not currently
involved in any business outside of MassRoots and devote 100% of their time towards MassRoots-related matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we lose key management or significant
personnel, cannot recruit qualified employees, directors, officers, or other personnel or experience increases in our compensation
costs, our business may materially suffer.</I></B></P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We are highly dependent on our management
team, specifically Isaac Dietrich, Stewart Fortier, Tyler Knight and Daniel Hunt. While we have employment agreements currently
with Isaac Dietrich, Stewart Fortier, Tyler Knight and Daniel Hunt, which outlines their respective roles and responsibilities,
as Chief Executive Officer, Chief Technology Officer, Chief Marketing Officer, and Chief Operating Officer, such employment agreements,
permit the parties thereto to terminate such agreements upon notice. As such, each of these individuals may terminate their relationship
with us upon notice. If we lose key employees, our business may suffer. Furthermore, our future success will also depend in part
on the continued service of our key scientific and management personnel and our ability to identify, hire, and retain additional
personnel. We do not carry &#8220;key-man&#8221; life insurance on the lives of any of our employees or advisors. We experience
intense competition for qualified personnel and may be unable to attract and retain the personnel necessary for the development
of our business. Because of this competition, our compensation costs may increase significantly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We will need to raise additional
capital to continue its operations over the coming year.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We anticipate the need to raise approximately
$2,<STRIKE>500</STRIKE><U>200</U>,000 in additional capital to fund our operations through December 31, 2016; however, we hope
to raise a significant amount of these funds through the exercise of warrants. As of <STRIKE>August 17</STRIKE><U>September 30</U>,
2015, we would receive up to approximately $2.<STRIKE>7</STRIKE><U>5</U> million from the exercise of our warrants. We expect to
use these cash proceeds from the exercise of warrants, in addition to the current capital on hand, primarily to accelerate our
user growth, implement consumer-facing features to boost engagement, develop and market a self-service advertising portal for cannabis-related
businesses, and remain in full legal and accounting compliance with the SEC. We cannot guarantee that we will be able to raise
these required funds or generate sufficient revenue to remain operational.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Our monetization strategy is dependent
on many factors outside our control.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">There is no guarantee that our efforts
to monetize the MassRoots network will be successful. Furthermore, our competitors may introduce more advanced advertising portals
that deliver a greater value proposition to cannabis related businesses over the coming months. For example, Google, Facebook and
Twitter may decide to allow dispensary-related advertising on their platforms, significantly increasing the competitive environment.
Users may stop using our products for many reasons, including the addition of advertising, preventing any monetization from occurring.
The development of our advertising platform may take longer than expected and cost more money than projected. Dispensaries may
not have credit or bank cards due to banking regulations, which could significantly increase the cost and time required for us
to generate revenue. All these factors individually or collectively may preclude us from effectively monetizing our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Operating a network open to all
internet users may result in legal consequences.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our Terms and Conditions clearly state
that our network and services are only to be used by users who are over 18 years old and located where the use of cannabis is permissible
under state law and only in a manner which would be permissible under the applicable state law. However, it is impractical to independently
verify that all activity occurring on our network fits into this description. As such, we run the risk of federal and state law
enforcement prosecution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We have taken several steps which attempt
to prevent the use of our network in manners which violate our Terms and Conditions. When a user downloads our App from the Google
Play Marketplace or Apple App Store, MassRoots mandates that a user provides their location in order to create account. This location
is pulled directly from users&#8217; phones (with their permission) and if a user is not located in one of the 23 states with medical
cannabis laws, the application is locked and is unable to be used. We have disabled registration on web and mobile web until we
have the financial resources to accurately verify users&#8217; locations through their web browsers, so all prospective users must
register through our mobile applications. Lastly, the Google Play Marketplace and the iOS App Store only allow users that are 17
years of age and older to download our app.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We have also implemented an aggressive
content reporting review policy to remove any content which violates our Terms and Conditions. We have introduced a system that
automatically flags any posts for review, removal, and possible account suspension that includes certain words such as &quot;gun&quot;
or &quot;acid.&#8221; As soon as content is flagged by one of MassRoots&#8217; automated systems or by another user, it is removed
from view until we have had the time to review the content.</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Although the Obama Administration has
effectively stated that it is not an efficient use of resources to direct Federal law enforcement agencies to prosecute those following
certain state laws allowing for the use and distribution of medical and recreational cannabis, there can be no assurance that the
administration will not change its stated policy and begin enforcement of the Federal laws against us or our users. Additionally,
there can be no assurance that we will not face criminal prosecution from states where the use of cannabis is permitted for the
use of cannabis in ways which do not fall under the state law. Finally, even if we attempt to prevent the use of our product in
states where cannabis use is not permitted under state law, use of our app by those in such states may still occur and state authorities
may still bring an action against us for the promotion of cannabis related material by those residing in such states.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Changes in Apple App Store or
Google Play Store policies could result in our mobile applications being de-listed.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">On November 4, 2014, the MassRoots App
was removed from Apple&#8217;s iOS App Store due to the App Store review team changing their app enforcement guidelines to prohibit
all social cannabis applications. After negotiation with Apple and the addition of certain restrictions, the MassRoots App returned
to the App Store in February 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">While we are grateful to Apple for reversing
its decision, we cannot guarantee this policy will remain in place forever. The Apple App Store is one of the largest content distribution
channels in the world and is the only way to effectively distribute software to the 41.6% of the United States population who own
iPhones and iPads. The Apple App Store review team effectively operates as our iOS App&#8217;s regulator &#8211; they decide what
rules that iOS apps must operate under and how to enforce those regulations. The rules related to cannabis-related apps are not
published, appear to be arbitrarily enforced, and the review and appeal processes are conducted in secret without public oversight.
While we will continue pushing for a more open and transparent App Store review process that will allow decisions that affect 41.6%
of the United States population to be open to public scrutiny, there can be no assurance that we will be successful in these efforts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">MassRoots has not encountered issues
with the Google Play Store nor have any of our competitors. However, under their respective developer license agreements, Apple
and Google have the right to update their App Store and Play Store policies, respectfully, to prohibit cannabis-related applications
at any time. This could result in many prospective users being unable to access and join our network and existing users being unable
to access our App. If this occurred, this would significantly harm our business model.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Failure to generate user growth
or engagement could greatly harm our business model.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our business model is reliant on its
ability to attract and retain new users. There is no guarantee that growth strategies used in the past will continue to bring new
users to the network. Changes in relationships with our partners, contractors and businesses we retain to grow the network may
result in significant increases in the cost to acquire new users. Additionally, new users may fail to engage with the network to
the same extent current users are, resulting in decreased usage of the network. Decreases in the size of our user base and/or decreased
engagement on the network would greatly impair our ability to generate revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Failure to attract advertising
clients could greatly harm our ability to generate revenue</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our ability to generate revenue is dependent
on the continued growth of the network and its ability to convince advertisers of its value. Should we prove unable to continue
to grow its network or register advertising partners as the network grows, its ability to generate revenue would be greatly compromised.
There is no guarantee businesses will want to advertise on our network or that we will be able to generate revenue from its existing
user base.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Our proposed business is dependent
on state laws pertaining to the cannabis industry. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">As of June 30, 2015, 23 states and the
District of Columbia allow their citizens to use medical cannabis. Additionally, Colorado, Washington, Alaska, Oregon and Washington
DC have legalized cannabis for adult use at the state (or district) level. Continued development of the cannabis industry is dependent
upon continued legislative authorization of cannabis at the state level. Any number of factors could slow or halt progress in this
area. Further, progress in the cannabis industry, while encouraging, is not assured. While there may be ample public support for
legislative action, numerous factors impact the legislative process. Any one of these factors could slow or halt use of cannabis,
which would negatively impact our proposed business.</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Cannabis remains illegal under
Federal law.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Despite the development of a legal cannabis
industry under the laws of certain states, these state laws legalizing medical and adult cannabis use are in conflict with the
Federal Controlled Substances Act, which classifies cannabis as a schedule-I controlled substance and makes cannabis use and possession
illegal on a national level. The United States Supreme Court has ruled that it is the Federal government that has the right to
regulate and criminalize cannabis, even for medical purposes, and thus Federal law criminalizing the use of cannabis preempts state
laws that legalize its use. However, the Obama Administration has effectively stated that it is not an efficient use of resources
to direct Federal law enforcement agencies to prosecute those lawfully abiding by state-designated laws allowing the use and distribution
of medical and recreational cannabis. Yet, there is no guarantee that the Obama Administration will not change its stated policy
regarding the low-priority enforcement of Federal laws in states where cannabis has been legalized. Additionally, we face another
presidential election cycle in 2016, and a new administration could introduce a less favorable policy or decide to enforce the
Federal laws strongly. Any such change in the Federal government&#8217;s enforcement of Federal laws could cause significant financial
damage to us and our shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>As the possession and use of cannabis
is illegal under the Federal Controlled Substances Act, we may be deemed to be aiding and abetting illegal activities through the
services that we provide to users and advertisers. As a result, we may be subject to enforcement actions by law enforcement authorities,
which would materially and adversely affect our business.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Under Federal law, and more specifically
the Federal Controlled Substances Act, the possession, use, cultivation, and transfer of cannabis is illegal. Our business provides
services to customers that were engaged in the business of possession, use, cultivation, and/or transfer of cannabis. As a result,
law enforcement authorities, in their attempt to regulate the illegal use of cannabis, may seek to bring an action or actions against
us, including, but not limited, to a claim of aiding and abetting another&#8217;s criminal activities. The Federal aiding and abetting
statute provides that anyone who &#8220;commits an offense against the United States or aids, abets, counsels, commands, induces
or procures its commission, is punishable as a principal.&#8221; 18 U.S.C. &sect;2(a). As a result of such an action, we may be
forced to cease operations and our investors could lose their entire investment. Such an action would have a material negative
effect on our business and operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Federal enforcement practices
could change with respect to services providers to participants in the cannabis industry, which could adversely impact us. If the
Federal government were to change its practices, or were to expend its resources attacking providers in the cannabis industry,
such action could have a materially adverse effect on our operations, our customers, or the sales of our products.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">It is possible that additional Federal
or state legislation could be enacted in the future that would prohibit our advertisers from selling cannabis, and, if such legislation
were enacted, such advertisers may discontinue the use of our services, our potential source of customers would be reduced, causing
revenues could decline. Further, additional government disruption in the cannabis industry could cause potential customers and
users to be reluctant use and advertise on our products, which would be detrimental to the Company. We cannot predict the nature
of any future laws, regulations, interpretations or applications, nor can we determine what effect additional governmental regulations
or administrative policies and procedures, when and if promulgated, could have on our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Government actions could result
in our products and services being unavailable in certain geographic regions, harming future growth.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Due to our connections to the cannabis
industry, governments and government agencies could ban or cause our network or apps to become unavailable in certain regions and
jurisdictions. This could greatly impair or prevent us from registering new users in affected areas and prevent current users from
accessing the network. In addition, government action taken against our service providers or partners could cause our network to
become unavailable for extended periods of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>User engagement and growth depends
on software and device updates beyond our control.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our applications and websites are currently
available on multiple operating systems, including iOS and Android, across multiple different manufacturers, including Motorola,
LG, Apple and Samsung, on thousands of different individual devises. Changes to the device infrastructure or software updates on
these devises could render our platforms and services useless or inoperable. This could prevent potential users from registering
with us, decrease engagement among current users and devalue our value proposition to advertisers.&nbsp;</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We may be unable to manage growth,
which may impact our potential profitability.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Successful implementation of our business
strategy requires us to manage our growth. &nbsp;Growth could place an increasing strain on our management and financial resources.
&nbsp;To manage growth effectively, we will need to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Establish definitive business strategies,
goals and objectives;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Maintain a system of management controls;
and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attract and retain qualified personnel,
as well as, develop, train and manage management-level and other employees. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">If we fail to manage our growth effectively,
our business, financial condition or operating results could be materially harmed, and our stock price may decline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We may not be able to compete
successfully with other established companies offering the same or similar services and, as a result, we may not achieve our projected
revenue and user targets.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">If we are unable to compete successfully
with other businesses in our existing market, we may not achieve our projected revenue and/or user targets. We compete with both
start-up and established technology companies. Compared to our business, some of our competitors may have greater financial and
other resources, have been in business longer, have greater name recognition and be better established in the technological or
cannabis markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Expansion by our well-established
competitors into the cannabis industry could prevent us from realizing anticipated growth in users and revenues.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our competitors, such as Twitter and
Facebook, have continued to expand their businesses in recent years into other social network markets. If they decided to expand
their social networks into the cannabis community, this could hurt the growth of our business and user base and cause our revenues
to be lower than we expect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Government regulation of the Internet
and e-commerce is evolving, and unfavorable changes could substantially harm our business and results of operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We are subject to general business regulations
and laws as well as Federal and state regulations and laws specifically governing the Internet and e-commerce. Existing and future
laws and regulations may impede the growth of the Internet, e-commerce or other online services, and increase the cost of providing
online services. These regulations and laws may cover sweepstakes, taxation, tariffs, user privacy, data protection, pricing, content,
copyrights, distribution, electronic contracts and other communications, consumer protection, broadband residential Internet access
and the characteristics and quality of services. It is not clear how existing laws governing issues such as property ownership,
sales, use and other taxes, libel and personal privacy apply to the Internet and e-commerce. Unfavorable resolution of these issues
may harm our business and results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>If we have material weaknesses
in the financial reporting of our company, it may cause us to restate our financial statements in the event such weaknesses are
determined to not be acceptable to financial reporting requirements.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">While our review of material weaknesses
is ongoing, if we discover any weaknesses that could cause us to have to restate our financial statements, this could cause us
to expend additional funds that would have a material impact on our ability to generate profits and on the profits of our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We will be dependent on clients
that want to use the Internet and Mobile Applications.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our ability to maintain consistent business
depends in part upon our ability to acquire new clients. Our inability to gain new clients during periods of high unemployment
could increase our costs and could cause a slowdown in business with the sales of our products or cause us to temporarily close
our business. If we temporarily close our business, we may experience a significant reduction in revenue during the time affected
by the closure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>The failure to enforce and maintain
our intellectual property rights could enable others to use names confusingly similar to MassRoots, Inc. and other names and marks
used by our business, which could adversely affect the value of the brand.</I></B></P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The success of our business depends
on our continued ability to use our existing trade name in order to increase our brand awareness. In that regard, we believe that
our trade name is valuable asset that is critical to our success. The unauthorized use or other misappropriation of our trade name
could diminish the value of our business concept and may cause a decline in our revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Any new indebtedness may adversely
affect our financial condition, results of operations, limit our operational and financing flexibility and negatively impact our
business.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Any revolving credit facility, and other
debt instruments we may enter into in the future, may have negative consequences to our business, including but not limited to
the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our ability to obtain financing for working
capital, capital expenditures, acquisitions or general corporate purposes may be impaired;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We may use a substantial portion of our
cash flows from operations to pay interest on any new indebtedness, which will reduce the funds available to us for operations
and other purposes;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our level of indebtedness could place
us at a competitive disadvantage compared to our competitors that may have proportionately less debt;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our flexibility in planning for, or reacting
to, changes in our business and the industry in which we operate may be limited; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Our level of indebtedness may make us
more vulnerable to economic downturns and adverse developments in our business.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We expect that we will depend primarily
upon invested capital to provide funds to pay our expenses and to pay any amounts that may become due under any new credit facility
and any other indebtedness we may incur. Our ability to make these payments depends on our future performance, which will be affected
by various financial, business, economic and other factors, many of which we cannot control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We depend on the services of key
executives, the loss of who could materially harm our business and our strategic direction if we were unable to replace them with
executives of equal experience and capabilities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our senior executives, Isaac Dietrich,
Tyler Knight, Daniel Hunt, and Stewart Fortier, are important to our success because they are instrumental in setting our strategic
direction, operating our business, identifying, expansion opportunities and arranging any necessary financing. Losing the services
of these individuals could adversely affect our business until suitable replacements could be found. We do not maintain key person
life insurance policies on any of our executives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We expect to incur substantial
expenses to meet our reporting obligations as a public company. In addition, failure to maintain adequate financial and management
processes and controls could lead to errors in our financial reporting and could harm our ability to manage our expenses.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We estimate that it will cost approximately
$150,000 annually to maintain the proper management and financial controls for our filings required as a public reporting company.
In addition, if we do not maintain adequate financial and management personnel, processes and controls, we may not be able to accurately
report our financial performance on a timely basis, which could cause a decline in our stock price and adversely affect our ability
to raise capital.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Due to our involvement in the
cannabis industry, we may have a difficult time obtaining the various insurances that are desired to operate our business, which
may expose us to additional risk and financial liabilities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Insurance that is otherwise readily
available, such as workers compensation, general liability, and directors and officers insurance, is more difficult for us to find,
and more expensive, because we were service providers to companies in the medicinal cannabis industry. There are no guarantees
that we will be able to find such insurances in the future, or that the cost will be affordable to us. If we are forced to go without
such insurances, it may prevent us from entering into certain business sectors, may inhibit our growth, and may expose us to additional
risk and financial liabilities.</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Participants in the cannabis industry
may have difficulty accessing the service of banks, which may make it difficult for us to operate. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Despite recent rules issued by the United
States Department of the Treasury mitigating the risk to banks who do business with cannabis companies operating in compliance
with applicable state laws, as well as recent guidance from the United States Department of Justice, banks remain weary to accept
funds from businesses in the cannabis industry. Since the use of cannabis remains illegal under Federal law, there remains a compelling
argument that banks may be in violation of Federal law when accepting for deposit funds derived from the sale or distribution of
cannabis. Consequently, businesses involved in the cannabis industry continue to have trouble establishing banking relationships.
An inability to open bank accounts may make it difficult for us, or some of our advertisers, to do business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><U>Risks Relating to our Common Stock
and Offering</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We may allocate net proceeds from
this offering in ways which differ from our estimates based on our current plans and assumptions discussed in the section entitled
&#8220;Use of Proceeds&#8221; and with which you may not agree.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The allocation of net proceeds of the
offering set forth in the &#8220;Use of Proceeds&#8221; section below represents our estimates based upon our current plans and
assumptions regarding industry and general economic conditions, our future revenues and expenditures. The amounts and timing of
our actual expenditures will depend on numerous factors, including user growth, success of our MassRoots for Business initiatives,
cash generated by our operations and business developments. We may find it necessary or advisable to use portions of the proceeds
from this offering for other purposes. Circumstances that may give rise to a change in the use of proceeds and the alternate purposes
for which the proceeds may be used are discussed in the section entitled &#8220;Use of Proceeds&#8221; below. You may not have
an opportunity to evaluate the information on which we base our decisions on how to use the proceeds and may not agree with the
decisions made. Additional information is available in the &#8220;Use of Proceeds&#8221; section of this Registration Statement
of which this Prospectus is a part of.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>The market price for our common
stock will be particularly volatile given our status as a relatively unknown company, with a limited operating history and lack
of profits which could lead to wide fluctuations in our share price. You may be unable to sell your common stock at or above your
purchase price, which may result in substantial losses to you.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our stock price will be particularly
volatile when compared to the shares of larger, more established companies that trade on a national securities exchange and have
large public floats. &nbsp;The volatility in our share price will be attributable to a number of factors. &nbsp;First, our common
stock will be compared to the shares of such larger, more established companies, sporadically and thinly traded. &nbsp;As a consequence
of this limited liquidity, the trading of relatively small quantities of shares by our shareholders may disproportionately influence
the price of those shares in either direction. &nbsp;The price for our shares could decline precipitously in the event that a large
number of our common stock are sold on the market without commensurate demand. &nbsp;Secondly, we are a speculative or &#8220;risky&#8221;
investment due to our limited operating history and lack of profits to date, and uncertainty of future market acceptance for our
potential products. &nbsp;As a consequence of this enhanced risk, more risk-adverse investors may, under the fear of losing all
or most of their investment in the event of negative news or lack of progress, be more inclined to sell their shares on the market
more quickly and at greater discounts than would be the case with the stock of a larger, more established company that trades on
a national securities exchange and has a large public float. &nbsp;Many of these factors are beyond our control and may decrease
the market price of our common stock, regardless of our operating performance. &nbsp;We cannot make any predictions or projections
as to what the prevailing market price for our common stock will be at any time. Moreover, the OTCQB is not a liquid market in
contrast to the major stock exchanges. We cannot assure you as to the liquidity or the future market prices of our common stock
if a market does develop. If an active market for our common stock does not develop, the fair market value of our common stock
could be materially adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><B><I>Since our securities are subject
to penny stock rules you may have difficulty selling your shares.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Our shares of common stock are &#8220;penny
stocks&#8221; and are covered by Section 12(g) of the 1934 Securities and Exchange Act which imposes additional sales practices
which requires broker/dealers who sell our securities, including the delivery of a standardized disclosure document; disclosure
and confirmation of quotation prices; disclosure of compensation the broker/dealer receives; and furnishing monthly account statements.
&nbsp;For sales of our</P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">securities a broker/dealer must make a
special suitability determination and receive from its client a written agreement prior to making a sale. &nbsp;The imposition
of the foregoing additional sales practices could adversely affect a shareholder&#8217;s ability to dispose of his stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><B><I>Our stockholders may experience
significant dilution from the exercise of warrants to purchase shares of our Common Stock and the conversion of debentures into
shares of our Common Stock. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">We currently have outstanding warrants
to purchase a total of <STRIKE>4,000,000</STRIKE><U>3,597,500</U> shares of our common stock at an exercise price of $0.40; outstanding
warrants to purchase 3,<STRIKE>962</STRIKE><U>963</U>,659 shares of our common stock at an exercise price of $0.001 per share;
outstanding warrants to purchase 866,000 shares of our common stock at an exercise price of $1.00 per share; outstanding warrants
to purchase 175,000 shares of our common stock at an exercise price of $0.90 per share, <STRIKE>and </STRIKE>outstanding warrants
to purchase 100,000 shares of our common stock at an exercise price of $0.50 per share<STRIKE>.</STRIKE><U>, and outstanding warrants
to purchase 50,000 shares of our common stock at an exercise price of $0.60 per share.</U> Further, we have outstanding convertible
debentures in the aggregate amount of $209,100 redeemable via conversion into shares of our common stock at $0.10 per share. Lastly,
under the 2014 Employee Equity Incentive Plan, there are 1,750,000 options exercisable at $0.10 per share, 1,065,000 options at
$0.50 per share and 105,000 options at $0.60 per share. Accordingly, if such warrants<U> and options</U> are exercised and debentures
are converted, in whole or part, prior to their respective expiration dates, you may experience substantial dilution. In addition,
the likelihood of such dilution may be accelerated if the price of our common stock increases to a level greater than the exercise
price of these warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><B><I>Because we can issue additional
shares of common stock, purchasers of our common stock may incur immediate dilution and experience further dilution.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">We are authorized to issue up to 200,000,000
shares of common stock, of which 45,<STRIKE>526,471</STRIKE><U>928,971</U> shares of common stock are issued and outstanding as
of <STRIKE>August 17</STRIKE><U>September 30</U>, 2015. Our Board of Directors has the authority to cause us to issue additional
shares of common stock and to determine the rights, preferences and privileges of such shares, without consent of any of our stockholders.
Consequently, the stockholders may experience more dilution in their ownership of our stock in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We are applying for listing of our common
stock and the warrants issued in this offering on the NASDAQ Capital Market. If we fail to comply with the continuing listing standards
of the NASDAQ Capital Market, our securities could be delisted.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We expect that our common stock will be eligible
to be listed on the NASDAQ Capital Market. For our common stock to be listed on the NASDAQ Capital Market, we must meet the current
NASDAQ Capital Market initial and continued listing requirements. If we were unable to meet these requirements, our common stock
could be delisted from the NASDAQ Capital Market. If our common stock were to be delisted from the NASDAQ Capital Market, our common
stock could continue to trade on the over-the-counter bulletin board following any delisting from the NASDAQ Capital Market. Any
such delisting of our common stock could have an adverse effect on the market price of, and the efficiency of the trading market
for, our common stock, not only in terms of the number of shares that can be bought and sold at a given price, but also through
delays in the timing of transactions and less coverage of us by securities analysts, if any. Also, if in the future we were to
determine that we need to seek additional equity capital, it could have an adverse effect on our ability to raise capital in the
public or private equity markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>We may be required to complete
a reverse stock split of our outstanding common stock in order to meet the initial listing requirements of the NASDAQ Capital Market.
However, we cannot assure you that we will be able to continue to comply with the minimum price requirements of the NASDAQ Capital
Market.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We may be required to complete a reverse
stock split in order to achieve the requisite increase in the market price of our common stock to be in compliance with the minimum
price requirements of the NASDAQ Capital Market. We cannot assure you that the market price of our common stock following the reverse
stock split will remain at the level required for the period of time required for listing or for continuing compliance with that
requirement. It is not uncommon for the market price of a company&#8217;s common stock to decline in the period following a reverse
stock split. If the market price of our common stock declines following the effectuation of a reverse stock split, the percentage
decline may be greater than would occur in the absence of a reverse stock split. In any event, other factors unrelated to the number
of shares of our common stock outstanding, such as negative financial or operational results, could adversely affect the market
price of our common stock and jeopardize our ability to obtain or maintain</P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">the NASDAQ Capital Market&#8217;s minimum
price requirements. In addition to specific listing and maintenance standards, the NASDAQ Capital Market have broad discretionary
authority over the initial and continued listing of securities, which it could exercise with respect to the listing of our common
stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B><I>Even if a reverse stock split
increases the market price of our common stock, there can be no assurance that we will be able to comply with other initial or
continued listing standards of the NASDAQ Capital Market.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Even if the market price of our common
stock increases sufficiently so that we comply with the minimum bid price requirement, we cannot assure you that we will be able
to comply with the other standards that we are required to meet in order to achieve or maintain a listing of our common stock sold
in this offering on the NASDAQ Capital Market. Our failure to meet these requirements may result in our common stock sold in this
offering being delisted from the NASDAQ Capital Market, irrespective of our compliance with the minimum bid price requirement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>A reverse stock split may decrease the
liquidity of the shares of our common stock.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The liquidity of the shares of our common stock
may be affected adversely by a reverse stock split given the reduced number of shares that will be outstanding following a reverse
stock split, especially if the market price of our common stock does not increase as a result of the reverse stock split.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Following a reverse stock split, the
resulting market price of our common stock may not attract new investors, including institutional investors, and may not satisfy
the investing requirements of those investors. Consequently, the trading liquidity of our common stock may not improve.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Although we believe that a higher market price
of our common stock may help generate greater or broader investor interest, we cannot assure you that the reverse stock split will
result in a share price that will attract new investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We are classified as an &#8220;emerging
growth company&#8221; as well as a &#8220;smaller reporting company&#8221; and we cannot be certain if the reduced disclosure requirements
applicable to emerging growth companies and smaller reporting companies will make our common stock less attractive to investors.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We are an &quot;emerging growth company,&quot;
as defined in the JOBS Act, and we may take advantage of certain exemptions from various reporting requirements that are applicable
to other public companies, including, but not limited to, not being required to comply with the auditor attestation requirements
of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports
and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and
shareholder approval of any golden parachute payments not previously approved. &nbsp;We cannot predict if investors will find our
common stock less attractive because we may rely on these exemptions. &nbsp;If some investors find our common stock less attractive
as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Section 107 of the JOBS Act provides
that an &#8220;emerging growth company&#8221; can take advantage of the extended transition period provided in Section 7(a)(2)(B)
of the Securities Act for complying with new or revised accounting standards. &nbsp;In other words, an &#8220;emerging growth company&#8221;
can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. &nbsp;&nbsp;We
have irrevocably opted out of the extended transition period for complying with new or revised accounting standards pursuant to
Section 107(b) of the JOBS Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We could remain an &#8220;emerging growth
company&#8221; for up to five years, or until the earliest of (i) the last day of the first fiscal year in which our annual gross
revenues exceed $1 billion, (ii) the date that we become a &#8220;large accelerated filer&#8221; as defined in Rule 12b-2 under
the Exchange Act, which would occur if the market value of our common stock that is held by non-affiliates exceeds $700 million
as of the last business day of our most recently completed second fiscal quarter, or (iii) the date on which we have issued more
than $1 billion in non-convertible debt during the preceding three-year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Notwithstanding the above, we are also
currently a &#8220;smaller reporting company.&#8221; Specifically, similar to &#8220;emerging growth companies,&#8221; &#8220;smaller
reporting companies&#8221; are able to provide simplified executive compensation disclosures in their filings; are exempt from
the provisions of Section 404(b) of the Sarbanes-Oxley Act requiring that independent registered public accounting firms provide
an attestation report on the effectiveness of internal control over financial reporting; and have certain other decreased disclosure
obligations in their SEC filings.</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Decreased disclosures in our SEC filings
due to our status as an &#8220;emerging growth company&#8221; or &#8220;smaller reporting company&#8221; may make it harder for
investors to analyze our results of operations and financial prospects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because directors and officers currently
and for the foreseeable future will continue to control MassRoots, it is not likely that you will be able to elect directors or
have any say in the policies of MassRoots.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our shareholders are not entitled to cumulative
voting rights. Consequently, the election of directors and all other matters requiring shareholder approval will be decided by
majority vote. The directors and officers of MassRoots beneficially own approximately 58<STRIKE>.34</STRIKE>% of our outstanding
common stock.&nbsp;&nbsp;Due to such significant ownership position held by our insiders, new investors may not be able to effect
a change in our business or management, and therefore, shareholders would have no recourse as a result of decisions made by management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, sales of significant amounts of
shares held by our officer and directors, or the prospect of these sales, could adversely affect the market price of our common
stock. Management&#8217;s stock ownership may discourage a potential acquirer from making a tender offer or otherwise attempting
to obtain control of us, which in turn could reduce our stock price or prevent our stockholders from realizing a premium over our
stock price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Since we intend to retain any earnings
for development of our business for the foreseeable future, you will likely not receive any dividends for the foreseeable future.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have never declared or paid any cash dividends
or distributions on our capital stock. We currently intend to retain our future earnings to support operations and to finance expansion
and therefore we do not anticipate paying any cash dividends on our common stock in the foreseeable future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">NOTE ABOUT FORWARD-LOOKING STATEMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Statements under, &#8220;Prospectus
Summary,&#8221; &#8220;Risk Factors,&#8221; &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results
of Operations,&#8221; &#8220;Description of Business&#8221; and elsewhere in this prospectus may be &quot;forward-looking statements.&quot;
Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies,
predictions or any other statements relating to our future activities or other future events or conditions. These statements include,
among other things, statements regarding:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the growth of our business and revenues and our expectations about the factors that influence our success;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our plans to continue to invest in systems, facilities, and infrastructure, increase our hiring and grow our business;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our plans for our MassRoots for Business portal and the strategy and timing of any plans to monetize our network, including the paid conversion rates;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our user growth expectations;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our ability to attain funding and the sufficiency of our sources of funding;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our expectation that our cost of revenues, development expenses, sales and marketing expenses, and general and administrative expenses will increase;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">fluctuations in our capital expenditures;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; padding-bottom: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8226;</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">our plans for potential business partners and any acquisition plans;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">as well
as other statements regarding our future operations, financial condition and prospects, and business strategies. These statements
are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted
in the forward-looking statements due to numerous factors, including those described above and those risks discussed from time
to time in this registration statement, of which this prospectus is a part, including the risks described under &quot;Risk Factors.&#8221;
Any forward-</FONT></P>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">looking
statements speak only as of the date on which they are made, and we do not undertake any obligation to update any forward-looking
statement to reflect events or circumstances that occur in the future. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">If one
or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results
may vary materially from what we may have projected. Any forward-looking statements you read in this prospectus reflect our current
views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations,
results of operations, financial condition, growth strategy and liquidity. You should specifically consider the factors identified
in this prospectus that could cause actual results to differ before making an investment decision.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">TAX CONSIDERATIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not providing any tax advice as to the
acquisition, holding or disposition of the securities offered herein. In making an investment decision, investors are strongly
encouraged to consult their own tax advisor to determine the U.S. Federal, state and any applicable foreign tax consequences relating
to their investment in our securities.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">USE OF PROCEEDS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots will use the net proceeds from this
offering for our general corporate purposes and working capital, to accelerate user-growth, develop new feature sets for our mobile
applications, expand the services we offer to businesses and to meet the enhanced corporate governance and reporting requirements
mandated by the Nasdaq Capital Markets. <STRIKE>We estimate that over a two year period, roughly 35% of the net proceeds will be
used for working capital and operating expenses, primarily related to application development and payroll. An additional estimated
30% will be used for marketing, sales and business development, primarily related to expanding our user base and enhancing our
revenue-generating services and features. The remaining 35% of the net proceeds are expected to be reserved for special projects
as they come available. </STRIKE>Any proceeds received by the Company may be used for growing our network, general corporate purposes
and working capital, acquisitions or assets, businesses or operations or for other purposes that the Board of Directors, in its
good faith, deems to be in the best interest of the Company. The Company does not have any current plans or arrangements for specific
acquisitions.<U> Below is our estimate of how we expect the proceeds to be used if we sell 25%, 50%, 75% and the entire offering:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>&nbsp;</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Sale&nbsp;of 25% </U></B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Sale&nbsp;of 50% </U></B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Sale&nbsp;of 75% </U></B></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Sale&nbsp;of 100% </U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>Use&nbsp;of&nbsp;Proceeds </U></B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>of the Offering</U></B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>of the Offering</U></B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>of the Offering</U></B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>of the Offering</U></B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 29%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Gross Proceeds</U></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>2,000,000</U></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>4,000,000</U></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>6,000,000</U></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>8,000,000</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Offering expenses <SUP>(1)</SUP></U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>250,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>500,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>700,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>900,000</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Net proceeds</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>1,800,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>3,600,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>5,450,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>7,300,000</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Marketing, sales and business development</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>950,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>2,250,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>3,100,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>3,900,000</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Working capital and operating expenses</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>750,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>1,200,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>2,000,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>2,900,000</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Reserved for special projects</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #222222"><U>100,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 4.75pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>150,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.2pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>350,000</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>500,000</U></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>(1) Includes payments to the Placement Agent,
assuming that the all sales are to Chardan Contacts and estimates of filing fees, legal costs, and other expenses related to the
Offering. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The allocation of the net proceeds of the offering
set forth above represents our estimates based upon our current plans and assumptions regarding industry and general economic conditions,
our future revenues and expenditures. The amounts and timing of our actual expenditures will depend upon numerous factors, including
market conditions, cash generated by our operations, business developments and related rate of growth. We may find it necessary
or advisable to use portions of the proceeds from this offering for other purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Circumstances that may give rise to a change
in the use of proceeds for which the proceeds may be used include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the need or desire on our part to accelerate, increase or eliminate existing initiatives due to,
among other things, changes in our projections relating to user count, changing market conditions (due to either the cannabis and/or
technological sectors) and/or new competitive developments;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the existence of other opportunities or the need to take advantage of changes in timing of our
existing activities; and/or</TD></TR></TABLE>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">if strategic opportunities of which we are not currently aware present themselves, including acquisitions,
joint ventures or other similar transactions.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From time to time, we evaluate these and other
factors and we anticipate continuing to make such evaluations to determine if the existing allocation of capital, including the
proceeds of this offering, is being optimized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DILUTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you invest in our securities, your interest
will be immediately and substantially diluted to the extent of the difference between the public offering price per share of our
Common Stock and the pro forma net tangible book value per share of our common stock after giving effect to this Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our net tangible book value as of June 30,
2015 was $1,475,827, or approximately $0.033 per share. Net tangible book value per share represents our total tangible assets
less total liabilities, divided by the number of shares of common stock outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net tangible book value dilution per share
of common stock to new investors represents the difference between the amount per share paid by purchasers in this Offering and
the as adjusted net tangible book value per share of common stock immediately after completion of this Offering. After giving effect
to our sale the maximum amount of [ ]&nbsp;shares of Common Stock in this offering at a public offering price of $[ ], and after
estimated offering expenses, our as-adjusted net tangible book value as of June 30, 2015 would have been $[ ] million, or $[ ]
per share. This represents an immediate increase in net tangible book value of $[ ] per share to existing stockholders and an immediate
dilution in net tangible book value of $[ ] per share to investors of this offering, as illustrated in the following table:<B>
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #DAEEF3">
    <TD STYLE="width: 71%; padding-top: 3pt; padding-bottom: 3pt">Public offering price per share</TD>
    <TD STYLE="width: 2%; padding-top: 3pt; padding-bottom: 3pt">$</TD>
    <TD STYLE="width: 27%; padding-top: 3pt; padding-bottom: 3pt">[ ]</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">Net tangible book value per share as of June 30, 2015</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">$</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">0.033</TD></TR>
<TR STYLE="vertical-align: top; background-color: #DAEEF3">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">Increase in net tangible book value per share attributable to new investors</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">[ ]</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">Adjusted net tangible book value per share as of June 30, 2015</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">[ ]</TD></TR>
<TR STYLE="vertical-align: top; background-color: #DAEEF3">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><B>Dilution per share to new investors in the offering</B></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><B>[ ]</B></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">The above discussion and tables do not include the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>[ ] shares of common stock issuable upon exercise of the Warrants issued in this Offering with an exercise price of $[ ] per
share.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 38.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 38.25pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DETERMINATION OF OFFERING PRICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In determining the offering price of the Common
Stock and <U>Warrants, and </U>the exercise price of the Warrants, we have considered a number of factors including, but not limited
to, the current market price of our common stock, trading prices of our common stock over time, the illiquidity and volatility
of our common stock, our current financial condition and the prospects for our future cash flows and earnings, and market and economic
conditions at the time of the offering. <STRIKE>[</STRIKE>The offering price for the Common Stock and the exercise price of the
Warrants will remain fixed for the duration of the offering<STRIKE>.]</STRIKE><U>.</U> The offering price for the Common Stock
sold in this Offering may be less than the market price for our common stock.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DIVIDEND POLICY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have never paid any cash dividends on our
common stock and anticipate that, for the foreseeable future, no cash dividends will be paid on our common stock.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">CAPITALIZATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth our capitalization
as of&nbsp;December 31, 2014, March 31, 2015, and June 30, 2015.&nbsp;&nbsp;The table should be read in conjunction with the consolidated
financial statements and related notes included elsewhere in this prospectus<FONT STYLE="font-family: Times New Roman, Times, Serif">:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 60%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shareholders&#8217; Equity </B></FONT></TD>
    <TD NOWRAP STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As&nbsp;of</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>December 31,</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>2014</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As&nbsp;of</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>March 31, </B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>2015</B></P></TD>
    <TD STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As&nbsp;of</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>June 30,<BR>
        2015</B></P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Preferred Series A stock outstanding (includes retroactive adjustment for subsequent conversion)</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">-</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock outstanding (shares)</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">38,909,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">40,817,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">44,505,238</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 8pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock to be issued (shares)</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,048,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">654,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">857,000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Additional paid in capital</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,372,867</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,368,925</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6,303,740</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Retained deficit</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3,359,623)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$ &nbsp;&nbsp;(3,910,132)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(5,427,431)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">TOTAL STOCKHOLDERS' EQUITY (DEFICIT)</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(946,799)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(489,736)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">841,671</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>MARKET FOR COMMON STOCK</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since April 9, 2015, our common stock has been
quoted on the OTCQB under the symbol &#8220;MSRT&#8221;. Trading in our common stock has historically lacked consistent volume,
and the market price has been volatile. We are applying to the NASDAQ Capital Market to list our common stock under the symbols
&#8220;MSRT&#8221;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table presents, for the periods
indicated, the high and low sales prices of the Company&#8217;s common stock, and is based upon information provided by the OTCQB
Marketplace. These quotations below reflect inter-dealer prices, without retail mark-up, mark-down, or commission, and may not
necessarily represent actual transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">2015</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">High</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Low</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; width: 52%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Second Quarter</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 4%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.01</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 14%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.02</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 4%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Third Quarter</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>1.38</STRIKE><U>2.34</U></FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">0.80</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The last reported sale price of the Company&#8217;s
common stock as of <STRIKE>August 17</STRIKE><U>September 30</U>, 2015, was $1.<STRIKE>10</STRIKE><U>66</U> per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of <STRIKE>August 17</STRIKE><U>September
30</U>, 2015, there were <STRIKE>107</STRIKE><U>103</U> shareholders of record<STRIKE>.</STRIKE><U> per the Company&#8217;s transfer
agency&#8217;s listing of shareholders. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of <STRIKE>August 17</STRIKE><U>September
30</U>, 2015, there were 45,<STRIKE>526,571</STRIKE><U>928,971</U> shares of our common stock issued and outstanding. In addition,
on the same date, <STRIKE>11,245,659</STRIKE><U>10,843,159</U> shares of common stock were issuable upon the exercise of warrants
or convertible than outstanding and 2,920,000 shares of common stock were issuable upon the exercise of options granted under our
2014 Equity Incentive Plan to certain employees and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-bottom: 12pt; margin-left: 0"><B>2014
Equity Incentive Plan </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The following table sets forth equity
compensation plan information as of December 31, 2014:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 1.5pt"><FONT STYLE="font-size: 10pt"><B>Plan category</B></FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number of securities to be issued upon exercise of outstanding options, warrants and rights</B></FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1.5pt solid; padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Weighted-average exercise price of outstanding options, warrants and rights</B></FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt">Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 1.5pt; text-align: center"><FONT STYLE="font-size: 10pt">(c)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #C3E9FF">
    <TD STYLE="padding: 1.5pt"><FONT STYLE="font-size: 10pt">Equity compensation plans approved by security holders:</FONT></TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 21%; padding: 1.5pt 1.5pt 1.5pt 9pt"><FONT STYLE="font-size: 10pt">2014 Equity Incentive Plan</FONT></TD>
    <TD STYLE="width: 1%; padding: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">2,900,000</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 4%; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 16%; padding-top: 1.5pt; padding-right: 4.05pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">$0.10</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 32%; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">1,100,000</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #C3E9FF">
    <TD STYLE="padding: 1.5pt"><FONT STYLE="font-size: 10pt">Equity compensation plans not approved by security holders</FONT></TD>
    <TD STYLE="padding: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 1.5pt 4.05pt 1.5pt 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">&#8212;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1.5pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp; Total</FONT></TD>
    <TD STYLE="padding: 1.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">2,900,000</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.5pt; padding-right: 4.05pt; padding-bottom: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">$0.10</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 1.5pt; padding-bottom: 1.5pt; padding-left: 1.5pt; text-align: right"><FONT STYLE="font-size: 10pt">1,100,000</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>2014 Equity Incentive Plan.</I><B>
</B>In June&nbsp;2014, our shareholders approved our 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;). Our 2014 Plan provides
for the grant of incentive stock options to our employees and our parent and subsidiary corporations' employees, and for the grant
of nonstatutory stock options, stock bonus awards, restricted stock awards, performance stock awards and other forms of stock compensation
to our employees, including officers, consultants and directors. Our 2014 Plan also provides that the grant of performance stock
awards may be paid out in cash as determined by the Committee (as defined herein).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Authorized Shares.</I>&nbsp;&nbsp;&nbsp;&nbsp;A
total of 4,000,000 shares of our common stock are reserved for issuance pursuant to the 2014 Plan. Shares issued under our 2014
Plan may be authorized but unissued or reacquired shares of our common stock. Shares subject to stock awards granted under our
2014 Plan that expire or terminate without being exercised in full, or that are paid out in cash rather than in shares, will not
reduce the number of shares available for issuance under our 2014 Plan. Additionally, shares issued pursuant to stock awards under
our 2014 Plan that we repurchase or that are forfeited, as well as shares reacquired by us as consideration for the exercise or
purchase price of a stock award, will become available for future grant under our 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Administration.</I>&nbsp;&nbsp;&nbsp;&nbsp;Our
Board of Directors, or a duly authorized committee thereof (collectively, the &#8220;Committee&#8221;), has the authority to administer
our 2014 Plan. Our Board may also delegate to one or more of our officers the authority to designate employees other than Directors
and officers to receive specified stock, which, in respect to those awards, said officer or officers shall then have all that the
Committee would have.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Subject to the terms of our 2014 Plan,
the Committee has the authority to determine the terms of awards, including recipients, the exercise price or strike price of stock
awards, if any, the number of shares subject to each stock award, the fair market value of a share of our common stock, the vesting
schedule applicable to the awards, together with any vesting acceleration, the form of consideration, if any, payable upon exercise
or settlement of the stock award and the terms and conditions of the award agreements for use under our 2014 Plan. The Committee
has the power to modify outstanding awards under our 2014 Plan, subject to the terms of the 2014 Plan and applicable law. Subject
to the terms of our 2014 Plan, the Committee has the authority to reprice any outstanding option or stock appreciation right, cancel
and re-grant any outstanding option or stock appreciation right in exchange for new stock awards, cash or other consideration,
or take any other action that is treated as a repricing under generally accepted accounting principles, with the consent of any
adversely affected participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Stock Options. </I>Stock options
may be granted under the 2014 Plan. The exercise price of options granted under our 2014 Plan must at least be equal to the fair
market value of our common stock on the date of grant. The term of an incentive stock option may not exceed 10 years, except that
with respect to any participant who owns more than 10% of the voting power of all classes of our outstanding stock, the term must
not exceed 5 years and the exercise price must equal at least 110% of the fair market value on the grant date. The Committee will
determine the methods of payment of the exercise price of an option, which may include cash, shares or other property acceptable
to the Committee, as well as other types of consideration permitted by applicable law. No single participant may receive more than
25% of the total options awarded in any single year. Subject to the provisions of our 2014 Plan, the Committee determines the other
terms of options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Performance Shares</I>. Performance
shares may be granted under our 2014 Plan. Performance shares are awards that will result in a payment to a participant only if
performance goals established by the administrator are achieved or the awards otherwise vest. The Committee will establish organizational
or individual performance goals or other vesting criteria in its discretion, which, depending on the extent to which they are met,
will determine the number and/or the value of performance shares to be paid out to participants. After the grant of a performance
share, the Committee, in its sole discretion, may reduce or waive any performance criteria or other vesting provisions for such
performance shares. The Committee, in its sole discretion, may pay earned performance units or performance shares in the form of
cash, in shares or in some combination thereof, per the terms of the agreement approved by the Committee and delivered to the participant.
This agreement will state all terms and condition of the agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Restricted Stock.</I> The terms and
conditions of any restricted stock awards granted to a participant will be set forth in an award agreement and, subject to the
provisions in the 2014 Plan, will be determined by the Committee. Under a restricted stock award, we issue shares of our common
stock to the recipient of the award, subject to vesting conditions and transfer restrictions that lapse over time or upon achievement
of performance conditions. The Committee will determine the vesting schedule and performance objectives, if any, applicable to
each restricted</P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">stock award. Unless the Committee determines
otherwise, the recipient may vote and receive dividends on shares of restricted stock issued under our 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Other Share-Based Awards and Cash
Awards. </I>The Committee may make other forms of equity-based awards under our 2014 Plan, including, for example, deferred shares,
stock bonus awards and dividend equivalent awards. In addition, our 2014 Plan authorizes us to make annual and other cash incentive
awards based on achieving performance goals that are pre-established by our compensation committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Change in Control.</I>&nbsp;&nbsp;&nbsp;&nbsp;If
the Company is merged or consolidated with another entity or sells or otherwise disposes of substantially all of its assets to
another company while awards or options remain outstanding under the 2014 Plan, unless provisions are made in connection with such
transaction for the continuance of the 2014 Plan and/or the assumption or substitution of such awards or options with new options
or stock awards covering the stock of the successor company, or parent or subsidiary thereof, with appropriate adjustments as to
the number and kind of shares and prices, then all outstanding options and stock awards which have not been continued, assumed
or for which a substituted award has not been granted shall, whether or not vested or then exercisable, unless otherwise specified
in the relevant agreements, terminate immediately as of the effective date of any such merger, consolidation or sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Change in Capitalization. </I>If
the Company shall effect a subdivision or consolidation of shares or other capital readjustment, the payment of a stock dividend,
or other increase or reduction of the number of shares of the common stock outstanding, without receiving consideration therefore
in money, services or property, then awards amounts, type, limitations, and other relevant consideration shall be appropriately
and proportionately adjusted. The Committee shall make such adjustments, and its determinations shall be final, binding and conclusive.<I>
</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Plan Amendment or Termination.</I>&nbsp;&nbsp;&nbsp;&nbsp;Our
Board has the authority to amend, suspend, or terminate our 2014 Plan, provided that such action does not materially impair the
existing rights of any participant without such participant's written consent. The 2014 Plan will terminate ten (10) years after
the earlier of (i) the date the 2014 Plan is adopted by the Board, or (ii) the date the 2014 Plan is approved by the stockholders,
except that awards that are granted under the 2014 Plan prior to its termination will continue to be administered under the terms
of the 2014 Plan until the awards terminate, expire or are exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0 12pt; text-align: center">PLAN OF DISTRIBUTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
are offering </FONT>up to 4,000,000 shares of our Common Stock, together with of up to 4,000,000 warrants to purchase shares of
Common Stock at a price equal to $[ ] per share, for gross proceeds of up to $8,000,000 before deduction of offering expenses.
<FONT STYLE="font-family: Times New Roman, Times, Serif">There is no minimum offering amount required as a condition to closing
and we may sell significantly fewer shares of common stock and warrants in the offering. <U> </U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Pursuant
to a placement agency agreement between us and Chardan, we have engaged Chardan as our exclusive placement agent to solicit offers
to purchase the securities in this offering. </U></FONT><U>The Placement Agent is not required to arrange for the sale of any specific
number of securities or dollar amount but will use its &#8220;reasonable best efforts&#8221; to arrange for the sale of the securities.
</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt"><U>&nbsp;&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>We have agreed to pay Chardan a cash fee
equal to (i) 10% of the gross proceeds received from &#8220;Chardan Contacts,&#8221; defined as accredited investors introduced
to the Company by Chardan, and (ii) 3% of the gross proceeds received from investors who are not Chardan Contacts, but where Chardan
acts as the executing broker for the sale. No payment will be made where the investor is not a Chardan Contact and Chardan does
not act as executing broker. We also agreed to reimburse Chardan for its expenses up to an amount of $75,000, including legal fees
for its counsel, if the Offering commences. Chardan will also have the right of first refusal to act as lead underwriter or placement
agent for 12 months after the offering. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>The following table shows the per share
and total placement agent fee we will pay to the placement agent in connection with the sale of the securities, assuming the purchase
of all of the securities we are offering and assuming that all sales are made to Chardan Contacts. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><U>&nbsp;</U></P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 72%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Per unit (1)</U></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="width: 24%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>0.02</U></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>Total</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>$</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>800,000</U></FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U><BR>
(1) Assumes a unit of securities consists of one share of common stock and one warrant and that 4,000,000 units are sold. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><U>Because there is no minimum offering
amount required as a condition to closing in this offering, the actual offering amount, the placement agent fees and net proceeds
to us, if any, in this offering may be substantially less than the maximum offering amounts set forth above.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><U>We have agreed to indemnify Chardan
against certain liabilities, including liabilities under the Securities Act of 1933, as amended. We have also agreed to contribute
to payments Chardan may be required to make in respect of such liabilities.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><U>Chardan may be deemed to be an underwriter
within the meaning of Section 2(a)(11) of the Securities Act, and any commissions received by it and any profit realized on the
resale of the shares sold by it while acting as principal might be deemed to be underwriting discounts or commissions under the
Securities Act. As an underwriter, Chardan Capital would be required to comply with the requirements of the Securities Act and
the Exchange Act, including, without limitation, Rule 415(a)(4) under the Securities Act and Rule 10b-5 and Regulation M under
the Exchange Act. These rules and regulations may limit the timing of purchases and sales of shares by Chardan acting as principal.
Under these rules and regulations, Chardan Capital:</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>may not engage in any stabilization
activity in connection with our securities; and</U></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>may not bid for or purchase any of
our securities or attempt to induce any person to purchase any of our securities, other than as permitted under the Exchange Act,
until it has completed its participation in the distribution.</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">This offering will terminate upon the
earlier to occur of (i) three months after this registration statement becomes effective with the Securities and Exchange Commission,
and (ii) the date on which the Offering is fully subscribed; provided, however, that we may, at our sole discretion, extend the
offering for an additional 90 days or terminate the Offering at an earlier date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><STRIKE>Currently we plan to have our
officers and directors sell the securities on a self-underwritten basis. They will receive no discounts or commissions. Our officers
and directors will deliver prospectuses to those persons who they believe might have interest in purchasing all or a part of this
offering.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><STRIKE>As of the date of this Prospectus,
we have not entered into any arrangements with any Selling Agents for the sale of the securities. We may engage one or more Selling
Agents to sell the securities in the future. If we elect to do so, we will file an amendment to this Registration Statement to
identify them. We intend to compensate Selling Agents that sell securities in this offering with a cash commission of no more than
[ ]% of the gross proceeds from the securities sold by them.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><STRIKE>Investors can purchase common
stock in this offering by completing a Subscription Agreement, a copy of which is filed as Exhibit 4.2 to the Registration Statement
of which this Prospectus is a part, and sending it together with payment in full to the Company, provided that the Company will
not accept unsolicited subscriptions. All payments must be made in United States currency either by personal check, bank draft,
or cashier check. There is no minimum subscription requirement. All subscription agreements and checks are irrevocable. We expressly
reserve the right to either accept or reject any subscription in whole or in part for any reason or for no reason. Any subscription
rejected will be returned to the subscriber, without interest or deductions, within five business days of the rejection date. Furthermore,
once a subscription agreement is accepted, it will be executed without reconfirmation to or from the subscriber. Once we accept
a subscription, the subscriber cannot withdraw it.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The proceeds from this offering will
be payable directly to the Company for immediate use. All subscription agreements and checks are irrevocable and should be delivered
to the Company at the address provided in the Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We have not yet applied for 'blue sky'
registration in any state, and there can be no assurance that we will be able to apply, or that our application will be approved
and our securities will be registered, in any state in the US. If applicable, the shares may not be offered or sold in certain
jurisdictions unless they are registered or otherwise comply with the applicable securities laws of such jurisdictions by exemption,
qualification or otherwise. We intend to sell the shares only in the states in which this offering has been qualified or an exemption
from the registration requirements is available, and purchases of shares may be made only in those states. <U>The Company will
deliver stock certificates attributable to shares of common stock purchased directly to the purchasers as soon after close as practicable.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The Company reserves the right to begin
using proceeds from the offering as soon as the funds have been received or any time thereafter and will retain broad discretion
in the allocation of the net proceeds of this offering. The precise amounts and timing of the Company&#8217;s use of the net proceeds
will depend upon market conditions and the availability of other funds, among other factors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><STRIKE>The Company will deliver stock
certificates attributable to shares of common stock purchased directly to the purchasers within [ ] days of the close of the offering
or as soon thereafter as practicable.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><STRIKE>In determining the offering
price of the common stock and the exercise price of the warrants, we have considered a number of factors including, but not limited
to, the current market price of our common stock, trading prices of our common stock over time, the illiquidity and volatility
of our common stock, our current financial condition and the prospects for our future cash flows and earnings, and market and economic
conditions at the time of the offering. The offering price for the common stock and the exercise price of the warrants will remain
fixed for the duration of the offering. The offering price for the common stock sold in this offering may be less than the market
price for our common stock.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our officers and directors<U> may sell
some or all of the shares and</U> will not register as broker-dealers under Section 15 of the Securities Exchange Act of 1934 in
reliance upon Rule 3a4-1. Rule 3a4-1 sets forth those conditions under which a person associated with an issuer may participate
in the offering of the issuer&#8217;s securities and not be deemed to be a broker-dealer. The conditions are that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the person is not statutorily disqualified,
as that term is defined in Section 3(a)(39) of the Act, at the time of his participation; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the person is not at the time of their
participation an associated person of a broker-dealer; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the person meets the conditions of paragraph
(a)(4)(ii) of Rule 3a4-1 of the Exchange Act, in that he (i) primarily performs, or is intended primarily to perform at the end
of the offering, substantial duties for or</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.5in; text-align: justify">on behalf of the issuer otherwise
than in connection with transactions in securities; and (ii) is not a broker or dealer, or an associated person of a broker or
dealer, within the preceding 12 months; and (iii) does not participate in selling and offering of securities for any issuer more
than once every 12 months other than in reliance on paragraphs (a)(4)(i) or (a)(4)(iii) of Rule 3a4-1 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Our officers and directors are not statutorily
disqualified, are not being compensated, and are not associated with a broker-dealer. They are and will continue to hold their
positions as officers or directors following the completion of the offering and have not been during the past 12 months and are
currently not brokers or dealers or associated with brokers or dealers. They have not nor will they participate in the sale of
securities of any issuer more than once every 12 months.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DESCRIPTION OF BUSINESS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Organization </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We were incorporated in the state of Delaware
on April 24, 2013 to be the mobile network for the cannabis community.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our principal executive office is located at
MassRoots, Inc., 1624 Market Street, Suite 201, Denver, CO 80202, and our telephone number is (720) 442-0052. Information contained
in, or accessible through our website or mobile apps does not constitute part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have not been involved in a bankruptcy receivership
or similar proceeding. Additionally, we have not been involved in a reclassification, merger, consolidation, or purchase or sale
of a significant amount of assets not in the ordinary course of business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2014, we raised
an aggregate of $999,072 from the sale of our securities. For the year ended December 31, 2014, we have a net loss of $2,436,142.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our independent registered public accounting
firm has issued an audit opinion for our Company which includes an explanatory paragraph expressing substantial doubt as to our
ability to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have never declared bankruptcy, have never
been in receivership, and have never been involved in any legal action or proceedings. Since incorporation, we have not made any
significant purchase or sale of assets. We do not own physical properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not a blank check registrant, as that
term is defined in Rule 419(a)(2) of Regulation C of the Securities Act, since we have a specific business plan or purpose. We
have not had preliminary contact or discussions with, nor do we have any present plans, proposals, arrangements or understandings
with, any representatives of the owners of any business or company regarding the possibility of an acquisition or merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Background </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots was formed in April 2013 as a social
network for the cannabis community. In July 2013, we launched in the App Store and since that time, have grown into a community
of <FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>500</STRIKE><U>575</U>,000 cannabis consumers. Our growth has
been primarily driven by MassRoots&#8217; increasing popularity as one of the first national cannabis brands and word of mouth
virility from our users. We believe that by creating a central community of hundreds of thousands of cannabis consumers, we are
creating a valuable marketing and distribution channel for cannabis and its ancillary products. MassRoots generated more than 100
million newsfeed impressions during the month of June 2015.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_014.gif" ALT="" STYLE="height: 373px; width: 624px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_015.gif" ALT="" STYLE="height: 401px; width: 624px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We launched MassRoots for Business in early March 2015 as a free
online portal for cannabis-related businesses to schedule posts, view analytics and gain insights into their followers. Over 1,000
businesses, including 42% of the dispensaries in Colorado, were utilizing MassRoots for Business as of June 30, 2015. During August
2015, we began expanding its functionality to allow businesses to extend the reach of their posts and begin to monetize our network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Definitions of Key Metrics</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Total users (&quot;Users&quot;) is defined
as every user who currently has an account with MassRoots. It does not include users who have deleted their account. It does not
reflect active usage over any set period of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">User interactions (&quot;Interactions&quot;) is defined as anytime
a User follows another User, posts a status, comments on a status, or likes a status.<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Newsfeed Impressions (&#8220;Newsfeed Impressions&#8221;) is defined
as a User viewing a post on MassRoots&#8217; local, global or buds feeds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Our Products and Services</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our current products include our social network,
accessible through our iOS and Android applications along with our website, and MassRoots for Business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I><U>The MassRoots Network</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><IMG SRC="image_007.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000549|image_007.jpg" STYLE="height: 386px; width: 297px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Figure 2: Examples of the current user interface
of our iOS application.<BR>
<BR>
</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT>The
MassRoots network is accessible as a free mobile application through the iOS App Store, the Google Play Marketplace, and as a website
at www.MassRoots.com. These applications and services work in a similar manner as other social networks, such as Facebook, Instagram,
Twitter and Vine:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Users may create a profile by choosing
a username, setting their password and agreeing to our Terms and Conditions. We do not require users&#8217; real names, email address
or phone numbers.</P>

<UL STYLE="margin-top: 0in; list-style-type: disc; font-family: Times New Roman, Times, Serif">

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to follow other users on the network. By &#8220;following&#8221;
an account, users are essentially &#8220;opting-in&#8221; to their posts, allowing them to be displayed on their newsfeed.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">A users&#8217; newsfeed displays all the posts from users in which they follow
in reverse-chronological order, with the most recent posts being at the top. A users&#8217; profile page displays all the posts
from that particular user.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to like, comment and report statuses from other users. By
&#8220;liking&#8221; a status, a user is indicating their approval of the posts&#8217; content. By commenting on a status, users
are free to voice their opinions or comments on the posts&#8217; content. By reporting a status, users can flag content that violates
our Terms and Conditions, including spam, harassing content and posts about other drugs.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to tag other users and use hashtags to categorize posts.
By using the &#8220;@&#8221; symbol followed by a username, users can tag other users in posts they want them to see or if they
are included in the picture or post. By using the &#8220;#&#8221; followed by a categorical word, users can categorize posts based
on their content.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to post pictures with text captions or just text statuses.</LI>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to search for users based on their username and the ability
to search by hashtag to display all results within a particular category. Users can sort hashtag searches by their popularity or
when they were posted.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the option to provide their phone number to MassRoots (but is not required)
so their friends can search their contacts for friends with a MassRoots profile. Users also have the ability to invite their contacts
that are not on MassRoots to join via text message.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Whenever an Interaction takes place involving a user (follow, like, comment, tag),
they are sent a push notification on their mobile device notifying them of the action.</LI>

<LI STYLE="text-align: justify; margin: 12pt 0">Users have the ability to set their profile to public and private, as well as enabling
and disabling web-access. By setting their profile to public, any user on MassRoots&#8217; apps will be able to see the public
profile&#8217;s posts and follow the account. When a profile is private, another user must request to follow their account and
the account owner must grant permission before they can view any of the account&#8217;s posts. By setting an account to web-enabled,
it allows public profiles to be visible via the MassRoots website. By setting an account to web-disabled, both public and private
profiles are not viewable through www.MassRoots.com.</LI>

</UL STYLE="font-family: Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the coming months, MassRoots plans to
introduce premium business profiles, new user discovery features aimed at the &#8220;Cannabis Relationship&#8221; market, sponsored
posts, and a new user on-boarding experience. Additionally, we are reviewing the implementation of a new web interface aimed at
opening up MassRoots&#8217; content to search engines, which we believe could draw hundreds of thousands of unique visitors per
month, accelerating our user growth and adding additional adverting inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><I>MassRoots Store</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">MassRoots also operates MassRootsStore.com,
an e-commerce platform built on the Shopify Platform. Visitors are able to order MassRoots t-shirts, jars and stickers by selecting
the products they would like to order, entering their shipping and billing information and confirming the order. MassRootsStore.com
is not part of the Company&#8217;s primary business plan we do not expect it to be a main focus of the Company as we grow.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal"><I><U>MassRoots
for Business</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We launched MassRoots for Business in early
March 2015 as a free online portal for dispensaries to schedule posts, view analytics and gain insights into their followers. Over
1,000 cannabis businesses were utilizing MassRoots for Business as of June 30, 2015, including 46% of the dispensaries in Colorado
and 85% of dispensary chains with more than four stores.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">MassRoots
for Business operates in a matter similar to the one described herein:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">A business can register for the advertising
portal with their name, business name, email address, phone number, MassRoots username and password (to verify ownership of a particular
page).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">A MassRoots employee will then review the
account to ensure they are in full compliance with state law. This may involve requiring the dispensary to provide their state
dispensary license. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">The business can then access the advertising
portal, which will consist of five main pages: Dashboard, Posts, Profile, Billing and Contact.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">On the Dashboard, a business can view all
the main analytics regarding their account: their follower count, likes per post, total reach of their posts and advertising, and
balance on their account. Interactive graphs will allow businesses to track these metrics over time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">On the Posts page, businesses can schedule
posts, view analytics, and promote popular content. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">On the Profile page, businesses can edit their
description, username, profile picture, URL, address, contact email, contact phone number and schedule future posts.</FONT></P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">On the Billing page, businesses can enter
their credit card information and view past receipts of payment. The advertising portal will operate on a pre-paid basis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">On the Contact page, businesses can contact
a MassRoots employee with any questions or issues.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the third quarter of 2015, we expect
to begin to extend MassRoots for Business&#8217; functionality to allow dispensaries and cannabis-related businesses to upgrade
to premium business profiles, access market data, and to gain premium placement in search results for a monthly fee, as outlined
above. Additionally, we plan to allow businesses to sponsor posts in users&#8217; newsfeeds, similar to Facebook and Twitter, and
expect to be able to charge roughly $20 per thousand impressions for targeted sponsored posts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #9BBB59">
    <TD COLSPAN="3" STYLE="border-top: white 1pt solid; border-right: white 1pt solid; border-left: white 1pt solid; border-bottom: white 3pt solid; padding: 0.05in 0.1in; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>MassRoots for Business &#8211; Expected Premium Business Memberships</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Rollout Planned in Q3 2015)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #9BBB59">
    <TD STYLE="width: 18%; border-left: white 1pt solid; padding: 0.05in 0.1in; border-bottom: white 3pt solid; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Premium Upgrade</B></FONT></TD>
    <TD STYLE="width: 21%; border-bottom: white 3pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Cost (Estimated)</B></FONT></TD>
    <TD STYLE="width: 61%; border-bottom: white 3pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Benefits</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #DEE7D1">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Premium Profiles</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$49/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; MassRoots
        Verified Badge</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Enhanced
        Profile Access</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #EFF3EA">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Data Access</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$149/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Detailed
        Geo-Based Analytics</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Area
        Activity Heat Maps</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #DEE7D1">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Market Insights</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$349/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Insight
        on Trending Strains, Products, Services, and Hashtags</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Area
        Reach and Exposure Data</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #EAF1DD">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Sponsored Posts</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$20/CPM</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in 0.05in 16.4pt; border-right: white 1pt solid; text-align: justify; text-indent: -0.25in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226; Targeted, Enhanced Exposure Posts</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not re-creating the wheel with our revenue
model: this is already the model WeedMaps and Leafly have used to generate $25 million in annual revenue and $1 million estimated
per month revenue, respectively, from cannabis-related technology businesses. As more fully explained in the &#8220;<I>Competition</I>,&#8221;
section below, we believe that a social network offers a superior value proposition than a strain guide and dispensary locator,
as social networks have greater recurring usage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our intention is to prove MassRoots&#8217;
business model in 2015 and 2016 while the cannabis industry is still relatively small &#8211; of the 23 states with medical cannabis
laws, only 4 states have active dispensary systems with wide enough set of conditions to allow a significant portion of the population
to purchase cannabis (Colorado, California, Arizona and Washington). We believe the vast majority of the revenue we generate in
2015 and 2016 will come from businesses in these states. The 2016 election cycle has the potential to drastically expand the regulated
cannabis market &#8211; at least 7 states are expected to have some form of cannabis legalization on the ballot that could cause
the cannabis industry to grow to $10.2 billion if these initiatives become law, according to ArcView Market Research.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><BR>
MassRoots&#8217; business model is designed to scale as marijuana legalization continues to spread: every state that legalizes
the medicinal or adult-use of cannabis expands the number of licensed businesses in the industry, increasing our potential revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal"><I>Monetization
of Our Network and Other Long Term Plans </I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">While
MassRoots does not collect users&#8217; names or phone numbers, we still collect a sufficient amount of information to effectively
monetize our network. For instance:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">Based on the nature of someone downloading
and using MassRoots, we know they are an active cannabis consumer or enthusiast.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">When a user accesses MassRoots&#8217; apps
and websites, we are able to collect users&#8217; location information down to the zip code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">Based on the pictures and hashtags a user
posts, we can determine what type of cannabis they prefer to consume; how they prefer to consume it; what time of day they are
most active.</FONT></P>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">Based on the usertags that a user posts, we
can determine who their friends are and who is within their social circle of influence.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">Because
we do not collect personally-identifiable information, this data has relatively little value outside of our network, so MassRoots
has no intention of selling or disclosing this information. However, it has significant value when used to target advertising and
services directly to users within the MassRoots network; therefore, it is of the highest importance that MassRoots is able to build
out products and services that keep our users engaged and on the network for extended periods of time. The amount of revenue MassRoots
may be able to generate per user is directly correlated to the time they spend on the network, their engagement with other users
and the quality of posts they put on the network. Additionally, the number of Apps, Websites and Services built using MassRoots&#8217;
APIs will also significantly impact the value per user &#8211; so long as MassRoots is integrated with these 3rd party applications,
we will be able to collect data, serve advertising and boost engagement to, from and between our users, increasing their value.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Investment in Flowhub</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><IMG SRC="image_008.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000549|image_004.jpg" STYLE="height: 516px; width: 508px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Figure 3: Our proposed partnership plan with
Flowhub (as defined below). </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, MassRoots
invested $175,000 in exchange for preferred shares of Flowhub LLC (&#8220;Flowhub&#8221;), a seed-to-sale system, equal to 8.95%
of the outstanding equity of Flowhub. MassRoots and Flowhub are finalizing a partnership that will combine the data from cannabis
grow operations, point-of-sale systems and the MassRoots social network in one platform, data that we believe will allow cannabis
dispensaries and growers to streamline operations and monitor consumer trends, potentially increasing profits. MassRoots and Flowhub
are working to partially combine their systems, giving MassRoots' users access to live pricing, inventory, and an order ahead system
of dispensaries. At the same time, Flowhub will be streamlining dispensaries' operations and enabling</P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">them to target ads to specific customers based
on purchasing patterns and social activity. No assurance can be given that MassRoots and Flowhub will consummate a partnership
or, if such a partnership is in fact consummated, that the terms and conditions will be favorable to MassRoots.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify">Users Growth and Product Distribution
Channels</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">The
MassRoots app is distributed free of charge through the iOS App Store and the Google Play Marketplace. Prospective users can search
for MassRoots on these platforms, read user-reviews and make a decision on whether to download and utilize the MassRoots app. The
MassRoots network is also accessible on through desktop and mobile web browsers by navigating to www.MassRoots.com. Our MassRoots
for Business portal is distributed at Business.MassRoots.com where businesses may request access. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">MassRoots
has primarily gained users through organic growth - users telling their friends to join the network. This is supported by the number
of endorsements MassRoots receives on Instagram and Twitter, viewable by searching &#8220;#MassRoots&#8221;. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">MassRoots
also retains the owners of several widely-followed Instagram, Facebook and Twitter accounts as independent contractors. </FONT><FONT STYLE="font-weight: normal">We
estimate there are over 6,000,000 people actively posting about cannabis or following cannabis-related pages on Instagram &#8211;
our team viewed this as the easiest market for us to capture as these users were already discussing cannabis in a social environment
on a mobile application. We currently have one of the largest cannabis&#45;related followings on Instagram at www.Instagram.com/MassRoots
with 245,000 followers as of August 11, 2015 and we utilize the platform to highlight the best content from our community as well
as engaging in pro-legalization advocacy. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal"><I><U>Apple
App Store Removal, User Support and Restatement </U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><FONT STYLE="font-weight: normal">On November
4, 2014, the MassRoots App was removed from Apple&#8217;s iOS App Store due to what we originally believed was a compliance issue
with the App Store review team. Existing iOS users were still able to access and use the MassRoots App, however new users were
prohibited from downloading it. We discovered that this was a result of the App Store review team changing their app enforcement
guidelines to prohibit all social cannabis applications. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">When we learned of the true nature of
this policy change, we immediately began organizing the cannabis community and industry against it. In early January 2015, we co-signed
a letter to Apple&#8217;s CEO, Tim Cook, along with several cannabis business leaders, arguing that the App Store&#8217;s policies
were stifling innovation in the cannabis industry. Over 10,000 of our users sent personal emails to Apple advocating why MassRoots
should return to the App Store &#8211; with their arguments ranging from freedom of speech and expression to cannabis patients
suffering from anxiety who need social support networks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">In early February 2015, an App Store
representative informed us Apple had revised their enforcement guidelines &#8211; social cannabis applications that were geo-restricted
to the 23 states with medical cannabis laws were once again permitted. On February 12, 2015, MassRoots returned to the App Store
after we implemented the geo-restrictions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">While we are grateful to Apple for reversing
its decision, we cannot guarantee this policy will remain in place. The iOS App Store is one of the largest content distribution
channels in the world and is the only way to effectively distribute software to the 41.6% of the United States population who own
iPhones and iPads. The iOS App Store review team is essentially a primarily regulator for our product &#8211; they decide what
rules all applications in the iOS App Store must operate by and how to enforce those regulations. The rules related to cannabis-related
apps are not published, are arbitrarily enforced, and the App review and appeal processes are conducted in secret without public
oversight. MassRoots will continue to push for a more open and transparent app review process &#8211; especially when such policies
and decisions directly impact a large portion of the population &#8211; but there is no guarantee we will be successful in those
efforts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">MassRoots has not encountered any regulatory
issues with the Google Play Store nor have any of our competitors. Under their respective developer license agreements, Apple,
Inc. and Google, Inc. have the right to update their iOS App Store and Play Store policies, respectfully, to prohibit cannabis-related
applications at any time. This could result in many prospective users being unable to access and join our network and existing
users being unable to access our App.</P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Fundraising and Previous Offerings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Since our inception, we have spent considerable
effort on fundraising to support the operations of the Company. This included the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>The Original Offering</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B>In
connection with an offering that occurred in October 2013, the Company filed an Amended and Restated Certificate of Incorporation
which authorized the issuance of 21 shares of preferred stock (6,397,958 common shares post-Exchange, defined below) with a par
value of $1.00 per share, 17.65 shares (5,377,332 common shares post-Exchange) of which were designated as Series A Preferred Stock.
Among other rights and privileges, holders of Series A Preferred Stock are entitled to a cumulative dividend of 7% annually, preferential
payments over common stock in liquidation and other events, and the ability to convert their Series A Preferred Stock to common
stock on a one to one basis (taking into account any unpaid dividends).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;In October
2013, the Company entered into agreements to issue 5.88, 5.88, and 5.89 Series A Preferred shares (1,791,428, 1,791,428, and 1,791,475
common shares post-Exchange) to Bass Point Capital, LLC, WM18 Finance LTD, and Rother Investments, LLC, respectively, in exchange
for a $50,000 investment from each. In addition, the Company entered into an agreement to issue as compensation for services provided
a total of 2.94 Series A Preferred shares (895,715 common shares post-Exchange) to Douglas Leighton for financial consulting services
(collectively, the &#8220;Original Offering&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>The Reorganization, March 2014 Offering
and Registration Rights</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In preparation for the March 2014 Offering
(as defined herein) and the Company&#8217;s intention of becoming a publicly traded entity, on March 18, 2014 the Company entered
into an Agreement and Plan of Reorganization with its shareholders in which the following was effected: (i) on March 21, 2014,
the Company&#8217;s Amended and Restated Certificate of Incorporation was amended to allow for the issuance of 200,000,000 shares
of the Company&#8217;s common stock and amended the par value of the Company&#8217;s common stock to $0.001 per share; (ii) on
March 24, 2014, each of the Company&#8217;s preferred shareholders converted their shares into common stock on a one for one basis
(including the accrued divided); and (iii) on March 24, 2014, each of the Company&#8217;s shareholders surrendered their shares
of the Company&#8217;s common stock in exchange for the pro-rata distribution of 36,000,000 newly issued shares of Company&#8217;s
common stock, based on the percentage of the total shares of common stock held by the shareholder immediately prior to the exchange
(the &#8220;Exchange&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In March 2014, we raised gross proceeds
of $475,000 through an offering of our securities to certain accredited and non-accredited investors consisting of: (i) $269,100
face amount of convertible debentures convertible into up to 2,691,000 shares of the Company&#8217;s common stock at $0.10 per
share (the &#8220;Debentures&#8221;), together with warrants, exercisable into an amount of our common stock equal to fifty percent
(50%) of the common stock underlying the Debentures, at $0.40 per share; and (ii) 2,059,000 shares of our common stock at $0.10
per share with a warrant, exercisable into an amount of our common stock equal to fifty percent (50%) of the common stock purchased,
at $0.40 per share (collectively, the &#8220;March 2014 Offering&#8221;). Five investors received Debentures and warrants, while
36 accredited and unaccredited investors received the common stock and warrants. In July 2015, one investor exchanged 1,000,000
shares of Common Stock for a warrant exercisable into 1,000,000 shares of our common stock at $0.001 per share, with materially
the same terms as the $0.001 Consulting Warrants, defined below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In connection with the March 2014 Offering,
we entered into certain registration rights agreements (the &#8220;Registration Rights Agreement&#8221;), whereby we agreed to
use our commercially reasonable efforts to prepare and file a registration statement with the SEC within forty-five (45) days after
March 24, 2014, covering all outstanding shares of common stock (including all shares of Common Stock sold in the March 2014 Offering),
in addition to all shares of common stock underlying the Debentures, Debenture Warrants, and Common Stock Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Additionally, as payment for consulting
services provided in relation to the March 2014 Offering, we issued Dutchess Opportunity Fund, II LP (&#8220;Dutchess&#8221;) a
warrant exercisable into 4,050,000 shares of our common stock at $0.001 per share, and a warrant exercisable into 2,375,000 shares
of our common stock at $0.40 per share. The Company also granted certain registration rights to Dutchess covering all shares of
common stock issuable upon the excise of each of the warrants it received in connection to the March 2014 Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">On September 15, 2014 our resale registration
statement on Form S-1 covering 50,400,000 shares outstanding or underlying warrants or Debentures received in connection to the
March 2014 Offering (&#8220;2014 Registration Statement&#8221;) became effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Additional Private Offerings</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">From September 15, 2014 to March 11,
2015, we completed an offering of $866,000 of our securities to certain accredited and non-accredited investors consisting of 1,732,000
shares of our common stock at $0.50 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">From April 1, 2015 through April 17,
2015, MassRoots, Inc. completed an offering of 960,933 shares of the Company&#8217;s common stock to certain accredited and unaccredited
investors, pursuant to which, the Company received gross proceeds of $576,200. The Company terminated this offering as of April
17, 2015. The Company compensated Chardan Capital Markets, LLC $20,000 cash and 262,560 shares of common stock as commission for
this placement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">From
June 10, 2015 through July 13, 2015, MassRoots sold 1,540,673 shares of unregistered common stock to certain accredited investors
for gross proceeds of $1,140,502. </FONT>In connection with this offering, Chardan Capital received $27,200 in cash and 80,560
shares of the Company&#8217;s common stock as commission for this placement.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Market Conditions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">MassRoots is poised to take advantage
of two rapidly growing industries: cannabis and mobile technology.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><U>Cannabis Market Growth and Current
Trends</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since the MassRoots app first launched in July
2013, there have been a series of events that have help further shape the development of the cannabis and mobile technology industries:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On August 29, 2013, Deputy Attorney General James Cole issued a memo (&#8220;The Cole Memo&#8221;)
in response to certain states passing measures to legalize the medical and adult-use of cannabis. The Cole Memo does not alter
the Department of Justice's authority to enforce Federal law, including Federal laws relating to cannabis, regardless of state
law, but does recommend that U.S. Attorneys to focus their time and resources on certain priorities, rather than businesses legally
operating under state law. These guidelines focus on ensuring that cannabis does not cross state lines, keeping dispensaries away
from schools and public facilities, strict-enforcement of state laws by regulatory agencies, among other priorities.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On January 1, 2014, the first sales of cannabis for adult-use permissible under state law took
place in Colorado. This event resulted in significant media coverage for the industry. Since that time, three other states have
made adult-use permissible under their state law and several states have ballot proposals pending at upcoming elections.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">On February 14, 2014, the Departments
of Justice and Treasury issued a joint memo allowing banks and financial institutions to accept deposits from dispensaries operating
legally under state law. In most cases, dispensaries had been forced to operate on a cash basis, presenting significant security
and accounting issues. This was a major step in legitimizing and accepting the cannabis industry on a national level.</P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><I>Current States With Laws Permitting
the Medical or Adult Use of Cannabis </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">As of June 30, 2015, 23 states and the
District of Columbia have passed laws allowing some degree of medical use of cannabis, while four of those states and the District
of Columbia have also legalized the adult-use of cannabis. The states which have enacted such laws are listed below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="width: 64%; border-top: #A6A6A6 1pt solid; border-right: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; border-bottom: black 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;State</B></FONT></TD>
    <TD STYLE="width: 36%; border-top: #A6A6A6 1pt solid; border-right: #A6A6A6 1pt solid; border-bottom: black 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Year Passed</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.&nbsp;Alaska*</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">1998</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.&nbsp;Arizona</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2010</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.&nbsp;California</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">1996</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.&nbsp;Colorado*</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.&nbsp;Connecticut</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2012</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.&nbsp;District of Columbia*</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2010</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.&nbsp;Delaware</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2011</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">8.&nbsp;Hawaii</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">9.&nbsp;Illinois</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2013</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">10.&nbsp;Maine</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">1999</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">11. Maryland</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">12.&nbsp;Massachusetts</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2012</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.&nbsp;Michigan</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2008</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.&nbsp;Minnesota</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">15.&nbsp;Montana</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2004</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">16.&nbsp;Nevada</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.&nbsp;New Hampshire</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2013</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">18.&nbsp;New Jersey</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2010</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">19.&nbsp;New Mexico</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2007</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">20. New York</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">21.&nbsp;Oregon*</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">1998</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">22.&nbsp;Rhode Island</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2006</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.&nbsp;Vermont</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2004</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; border-left: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">24.&nbsp;Washington*</FONT></TD>
    <TD STYLE="border-right: #A6A6A6 1pt solid; border-bottom: #A6A6A6 1pt solid; padding: 1.45pt 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">1998</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4pt 0 6pt 1in; text-indent: 0.5in">* State has enacted laws permitting
the adult use of cannabis, in addition to medical use.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><I>Public Support for Legalization Increasing</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">A Gallup poll conducted in October 2013
found that 58% of the American people supported legalizing the adult-use of cannabis, an increase of 22% from 2005 alone. This
is the first time in American history the majority of registered voters support the full legalization of cannabis for adult-use.
Moreover, of 67% participants aged 35 and below voted in support of recreational adult-use, setting the trend for years to come.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">A 2013 ArcView Market Research report
predicts an additional 14 states will legalize the adult-use of cannabis and two states will legalize medical-use within the next
five years. If public support for cannabis legalization continues to increase, we believe it is likely that Federal policies towards
marijuana will be reformed. The combination of additional states legalizing adult-use under state law, expansion of medical-use
provisions in states where it is currently permitted under state law and increased public awareness is projected to cause marijuana
sales permitted under state law to grow from $1.43 billion in 2013 to $10.2 billion in 2018, according to ArcView Market Research.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><I>Market Conditions that Could Limit
Our Business</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Cannabis is a Schedule I Controlled Substance
under Federal law and, as such, there are several factors that could limit our market and our business. They include, but are not
limited to:</P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The Federal government and many private employers prohibit drug use of any kind, including cannabis,
even where it is permissible under state law. Random drug screenings and potential enforcement of these employment provisions significantly
reduce the size of the potential cannabis market;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Enforcement of Federal law prohibiting cannabis occurs randomly and often without notice. This
could scare many potential investors away from cannabis-related investments and makes it difficult to make accurate market predictions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">There is no guarantee that additional states will pass measures to legalize cannabis under state
law. In many states, public support of legalization initiatives is within the margin of error of pass or fail. This is especially
true when a supermajority is needed to pass measures, like in Florida where a state constitutional amendment permitting medical
cannabis has been proposed, but requires 60% approval to pass. Changes in voters' attitudes and turnout have the potential to slow
or stop the cannabis legalization movement and potentially reverse recent cannabis legalization victories;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">There has been some resistance and negativity as a result of recent cannabis legalization at the
state level, especially as it relates to drugged driving. The lack of clearly defined and enforced laws at the state level has
the potential to sway public opinion against marijuana legalization; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Even if the Federal government does not enforce the Federal law prohibiting cannabis, the legality
of the state laws regarding the legalization of cannabis are being challenged through lawsuits. Oklahoma and Nebraska recently
sued Colorado over the legalization of cannabis, and other lawsuits have been brought by private groups and local law enforcement
officials. If these lawsuits are successful, state laws permitting cannabis sales may be overturned and significantly reduce the
size of the potential cannabis market and affect our business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: justify"><U>Technology Industry</U></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify">Mobile Devices Dominate the
Industry</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Over the past five years, mobile devices
have redefined the technology industry. Smartphones were owned by two-thirds of U.S. mobile subscribers as of the fourth quarter
of 2013, according to a February 2014 Nielsen Research Report. Smartphone sales worldwide increased 38.4% worldwide in 2013 according
to a January 2014 IDC&#8217;s Worldwide Quarterly Mobile Phone tracker report. Additionally, 195 million mobile tablets were sold
in 2013, an increase of 67.9% year over year, according to a March 2014 Gartner Research Report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">When the rapidly-growing smartphone and
tablet market size is combined with the development fast, reliable and relatively inexpensive data plans from wireless carriers,
it becomes clear why mobile applications &#8220;Apps&#8221; have surged in popularity and value over recent years.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify">The Rise of Mobile-First Networking</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The popularity, market share and value
of mobile-first networks are surging, especially if focused on a niche market.</P>

<UL STYLE="margin-top: 0in; list-style-type: disc; font-family: Times New Roman, Times, Serif">

<LI STYLE="text-align: justify; margin: 0 0 6pt">In August 2012, Facebook acquired Instagram for $521 million, a network without
significant revenue, but a user base of approximately 100 million.</LI>

<LI STYLE="text-align: justify; margin: 0 0 6pt">In late 2013, Facebook bid a reported $3 billion to purchase SnapChat, which was
rejected by SnapChat&#8217;s Board of Directors.</LI>

<LI STYLE="text-align: justify; margin: 0 0 6pt">In early 2014, Facebook acquired WhatsApp for a reported $18 billion in cash and
stock.</LI>

</UL STYLE="font-family: Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Additionally, there has been rapid growth
in other mobile user driven niche networks, such as: Whisper (anonymous confessions) recently raised $30 million at a reported
$200 million valuation; Vine (short videos) was acquired pre-launch by Twitter for $30 million; and Badoo (adventurers) has a reported
valuation of $2 billion.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 12pt 0 6pt; text-align: justify">The Intersection of Mobile,
Niche-Networking and Cannabis</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217; top priority will remain expanding
our user-base and increasing engagement on the network. In addition to strengthening MassRoots&#8217; standing within the cannabis
community, public markets have placed significant value on rapidly expanding networks, as seen by the market capitalizations and
price-to-earnings ratios (where applicable) in the social networking industry. As a mobile-first network focused on the cannabis
industry where permitted</P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">under state laws, MassRoots is poised to take
advantage of the increasing popularity of mobile devices, the emergence of a multi-billion dollar cannabis industry and the decelerating
growth of Twitter and Facebook.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Employees and Consultants</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots has 23 full-time employees and one
full time independent contractor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Amount Spent on Research and Development</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots invests a significant portion of
its operating budget in developing new mobile communications tools, location-based services and in cross-platform compatibility
software. We expect to spend approximately $1,000,000 during fiscal year ended December 31, 2015 on development-related payroll
and expenses.<FONT STYLE="font-family: Times New Roman, Times, Serif"> We spent approximately $182,198 on research and development
for the year ended</FONT> December 31, 2014<FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Insurance</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not maintain any insurance and do not
intend to maintain insurance in the future. Because we do not have any insurance, if we are made a party of a legal action, we
may not have sufficient funds to defend the litigation. If that occurs a judgment could be rendered against us that could cause
us to cease operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Government Regulation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Marijuana is a categorized as a Schedule I
controlled substance by the Drug Enforcement Agency and the United States Department of Justice and is illegal to grow, possess
and consume under Federal law. However, since 1995, 23 states and the District of Columbia have passed state laws that permit doctors
to prescribe cannabis for medical-use and four states and the District of Columbia have enacted laws that legalize the adult-use
of cannabis for any reason. This has created an unpredictable business-environment for dispensaries and collectives that legally
operate under certain state laws but in violation of Federal law. On August 29, 2013, United States Deputy Attorney General James
Cole issued the Cole Memo to United States Attorneys guiding them to prioritize enforcement of Federal law away from the cannabis
industry operating as permitted under certain state laws, so long as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">cannabis is not being distributed to minors
and dispensaries are not located around schools and public buildings;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the proceeds from sales are not going
to gangs, cartels or criminal enterprises;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">cannabis grown in states where it is legal
is not being diverted to other states;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">cannabis-related businesses are not being
used as a cover for sales of other illegal drugs or illegal activity;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">there is not any violence or use of fire-arms
in the cultivation and sale of marijuana;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">there is strict enforcement of drugged-driving
laws and adequate prevention of adverse health consequences; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">cannabis is not grown, used, or possessed
on Federal properties.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Cole Memo is meant only as a guide for
United States Attorneys and does not alter in any way the Department of Justice&#8217;s authority to enforce Federal law, including
Federal laws relating to cannabis, regardless of state law. We believe and have implemented procedures and policies to ensure we
are operating in compliance with the &quot;Cole Memo&quot;. However, we cannot provide assurance that our actions are in full compliance
with the Cole Memo or any other laws or regulations. Per MassRoots&#8217; Terms and Conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Users must agree that they are located
in a state where medical-use or adult-use of cannabis is legal;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Users must be of legal age to consume
cannabis in their particular state (18 or 21 years old, depending on the state);</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Users may only post content that is in
compliance with their state&#8217;s laws;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Users may not solicit or distribute cannabis
through MassRoots unless they are a licensed dispensary; we also do not currently facilitate in-app messaging, forcing all conversations
to take place in a public environment;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Posting of any other drugs or substances,
including prescription pain pills, is prohibited and will result in account termination;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Posting of any violence or threat of violence
is prohibited and will result in account termination;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Posting of any drugged-driving content
is prohibited and will result in account termination; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Posting of any copyright-protected content
is prohibited and will result in account termination.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have implemented an aggressive content and
account review program to ensure compliance with our terms and conditions. Users have the ability to report any status or account
that is in violation of our terms and we encourage users to do so as any illegal content jeopardizes the network for all our users.
When a status or account is reported, the post is automatically removed from the network until further review. A MassRoots employee
then reviews the content within 24 hours and either approves it as within our terms and conditions or permanently deletes it and
bans the user account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, as part of the agreement to allow
our app to return to the Apple App Store, we implemented restrictions to restrict new users to the 23 states with medical cannabis
laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our business plan includes allowing cannabis
dispensaries to advertise on our network which we believe could be deemed to be aiding and abetting illegal activities, a violation
of Federal law. We intend on remaining within the guidelines outlined in the Cole Memo. However, we cannot provide assurance that
we are <FONT STYLE="font-family: Times New Roman, Times, Serif">in full compliance with the Cole Memo or any other laws or regulations</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Patents and Trademarks</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2014, we applied for a trademark
of the &#8220;MassRoots, Inc.&#8221; name in the United States. However, several factors, including the Company&#8217;s app being
removed from Apple&#8217;s iOS App Store, required the Company to focus its resources in other areas, away from completing the
trademark application process. The Company is in the process of reapplying for this trademark.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Competitors, Methods of Completion, Competitive Business Conditions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not believe that we face significant
direct competition in the &#8220;social network for the cannabis community&#8221; sector. No other network in the space currently
has a significant user base or significant outside funding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots competes with Facebook, Instagram
and Twitter, and other social networks for users&#8217; engagement; many of these competing social networks have substantially
more financial resources, a better user-experience and a significantly larger user-base than MassRoots. Our differentiator is that
MassRoots is solely dedicated to cannabis-related content, information most users do not feel comfortable sharing on these other
networks as it may jeopardize their personal and professional reputations. Additionally, MassRoots is developing specialized features
for the cannabis industry (such as a strain tagger) that competing networks likely will not spend the time and resources to develop
given that only a small portion of their user-base consumes cannabis. This density of cannabis consumers and content is what makes
MassRoots attractive to cannabis consumers and serves as our main competitive advantage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Network effects have come to dominate consumer
habits, which can provide protection to networks such as MassRoots. Google+ failed to obtain a dominant market share in desktop-based
social networking because it wasn&#8217;t introduced until Facebook had already conquered the market. Similarly, when Facebook
introduced Poke as a competitor to SnapChat in late 2012, it failed to overtake SnapChat due to the market dominance already achieved
by SnapChat. Even if a well-financed competitor to MassRoots were to emerge, they would not only have to convince users on why
their platform is superior, but also get them to switch away from the network their friends are</P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">already using. Every user that MassRoots gains,
every interaction that takes place on our network and every day that we grow, the barrier to entry to competitors becomes higher.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While it is true that some networks, such as
Friendster and MySpace, failed after building significant user-bases, we believe a primary reason for their failure was technical:
their platforms underwent routine maintenance that took the network offline for hours at a time and they did not focus on the underlying
user-experience, and overwhelmed the users with advertisements. This created opportunities for well-financed competitors to emerge.
We believe that by employing a similar strategy to other successful social networks and maintaining a focus on the user experience,
this, combined with strong network effects of our large user-base, will allow us to create and maintain significant long-term shareholder
value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots competes with other cannabis networks
such as WeedMaps, Leafly and THC Finder for advertisers&#8217; dollars. WeedMaps and THC Finder are platforms that allow users
to find and review dispensaries. Leafly is primary a strain-guide that allows users to find information on strains, add a review
and find it a dispensary closest to the user. In most situations, cannabis consumers are not looking to change dispensaries often.
All of these services &#8211; WeedMaps, Leafly and THC Finder &#8211; lack the daily, weekly and monthly recurring usage that drives
long-term value for advertisers. We believe that MassRoots&#8217; recurring usage and the ability to target advertisements to users
based on their previous posts will present a superior value proposition to advertisers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>Legal Proceedings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not currently a party to any legal proceedings,
and we are not aware of any pending or potential legal actions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Sources and Availability of Raw Materials</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We do not use raw materials in our business</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Seasonal Aspect of our Business</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">None of our products are affected by seasonal factors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Reports to Security Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are required to file reports and other information
with the SEC. You may read and copy any document that we file at the SEC's public reference facilities at 100 F. Street, N.E.,
Washington, D.C. 20549. Please call the SEC at 1-800-732-0330 for more information about its public reference facilities. Our SEC
filings are available to you free of charge at the SEC's web site at www.sec.gov. We are an electronic filer with the SEC and,
as such, our information is available through the Internet site maintained by the SEC that contains reports, proxy and information
statements and other information regarding issuers that file electronically with the SEC. This information may be found at www.sec.gov
and posted on our website at investors.massroots.com/.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">PROPERTIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On April 14, 2015, the
Company completed the relocation of its headquarters to 1624 Market Street, Suite 201, Denver, CO 80202. which we leased on March
20, 2015 pursuant to a lease with RVOF Market Center, LLC. Under this lease, we agreed to rent 3,552 square feet of office space
at that location for a term of 37 months, under which the Company will pay a base rate of $0 for the first month, $8,288 for months
two through 13, $8,584.00 for the months 14 through 25, and $8,880.00 for the months 25 through 37. We did not incur a significant
cost related to the move to this location.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">We do not own any properties
or land.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">We believe that our facilities
are adequate for our current needs and that, if required, we will be able to locate suitable new office space and obtain a suitable
replacement for our executive and administrative headquarters.</P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0 10pt; text-align: center">DIRECTORS, EXECUTIVE OFFICERS,
PROMOTERS, AND CONTROL PERSONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify"><B>Directors and Executive Officers
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">The names and ages of our Directors
and Executive Officers are set forth below. Our By-Laws provide for not less than one and not more than nine Directors. All Directors
are elected annually by the stockholders to serve until the next annual meeting of the stockholders and until their successors
are duly elected and qualified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24%; border-bottom: black 1pt solid"><B>Name</B></TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; text-align: center"><B>Age</B></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 69%; border-bottom: black 1pt solid"><B>Position and Term</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Isaac Dietrich </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">23</TD>
    <TD>&nbsp;</TD>
    <TD>Director and Chairman of the Board (Since 2013), Chief Executive Officer (Since 2013)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Tripp Keber</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">47</TD>
    <TD>&nbsp;</TD>
    <TD>Director (Since 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Stewart Fortier<SUP>1</SUP></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">24</TD>
    <TD>&nbsp;</TD>
    <TD>Director (Since 2014), Chief Technology Officer (Since 2013)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Ean Seeb</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">40</TD>
    <TD>&nbsp;</TD>
    <TD>Director (Since 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Tyler Knight</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">23</TD>
    <TD>&nbsp;</TD>
    <TD>Director (Since 2014), Chief Marketing Officer (Since 2013)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Daniel Hunt</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">21</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Operations Officer (Since 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Jesus Quintero</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">54</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Financial Officer (Since 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><SUP>1 </SUP><FONT STYLE="font-size: 10pt">Stewart Fortier and Hyler
Fortier, our former Chief Operations Officer, are siblings.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Isaac Dietrich, Chief Executive Officer,
Chairman of the Board and Director - </B>Isaac<B> </B>Dietrich is the founder, CEO, and Chairman of the Board of MassRoots, each
since our inception. He is responsible for executing our strategic business development. In June 2012, Mr. Dietrich co<FONT STYLE="font-family: Times New Roman, Times, Serif">-</FONT>founded
RoboCent, Inc., a self-service call platform that reached $300,000 in revenue in its first 18 month, and currently serves as President
and majority shareholder. He also founded Tidewater Campaign Solutions, LLC, a Virginia Beach-based political strategy firm that
was retained by more than 30 political campaigns and political action committees from January 2010 to December 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In April 2012, Mr. Dietrich was a finalist
for Peter Thiel&#8217;s 20 Under 20 Fellowship and was featured in the CNBC documentary &#8220;Transforming Tomorrow.&#8221; We
believe Mr. Dietrich has the business experience in both scalable technology companies and political strategy to successfully lead
the development and growth of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><B>Tripp Keber, Director
&#8211;</B> Tripp Keber has served as a Director of MassRoots since 2014. Mr. Keber also is a co-founder, Director and Chief Executive
Officer of&nbsp;Dixie Elixirs &amp; Edibles,&nbsp;a Colorado licensed medical marijuana infused products manufacturer. He is a
founding director of the&nbsp;National Cannabis Industry Association, and, since 2013, has served as a director of the&nbsp;Marijuana
Policy Project. He is also an advisory board member of the&nbsp;Medical Marijuana Industry Group&nbsp;in Colorado. Mr. Keber also
serves as a board member of American Cannabis Company (2014-current). In his current role as CEO of Dixie, Mr. Keber is responsible
for the overall strategy, licensing, marketing, branding and expansion efforts related to the Dixie brand, both domestically and
internationally.&nbsp; Mr. Keber has been featured on CBS&#8217;s 60 Minutes and CNBC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Prior to joining Dixie,
Mr. Keber served as Chief Operating Officer for Bella Terra Resort Development Company, and EVP of Business Development for Sagebrush
Realty Development.&nbsp;He has a BS in Political Science from Villanova University and currently resides in both Aspen and Denver,
CO with his family. He is involved in several charitable organizations located within his community and assists in the research
and development of cannabis support for veterans suffering from PTSD. As an experienced leader in the legal cannabis industry,
we believe that Mr. Keber will use his experience and industry knowledge to help guide our leadership team.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><B>Ean Seeb, Director
&#8211;</B> Ean Seeb has served as a Director of MassRoots since 2014. Mr. Seeb is also the co-owner and manager of Denver Relief
LLC, a Colorado medical cannabis operation. As a founding partner of Denver Relief Consulting LLC and seasoned cannabis dispensary
operator, Mr. Seeb has significant experience navigating complex legislation and regulatory demands unique to legal cannabis operations.
Mr. Seeb also serves as a board</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">member of Manna Molecular
Sciences (2015-current). He serves as Chair of the National Cannabis Industry Association and holds leadership positions with charitable
organizations focused on a range of social causes, from civil rights to sustainable volunteer farming. Mr. Seeb has been actively
involved with non-profit groups for over two decades. His years of humanitarian experience lead Mr. Seeb to conceptualize and develop
a cannabis-centric service organization called the Denver Relief GREEN TEAM in 2009. He holds a B.S. degree in Business Administration
with an emphasis in Computer Information Systems from University of Northern Colorado. We believe that Mr. Seeb will use his experience
and industry knowledge to help guide our leadership team.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Stewart Fortier, Chief Technology Officer,
Director -</B> Stewart Fortier is a co-founder and Director of MassRoots, and has served as Chief Technology Officer since our
inception. Mr. Fortier is responsible for the development of our iOS application and technical strategy. He is a self-taught software
developer with an interest in both entrepreneurship and technology. Prior to joining MassRoots, Mr. Fortier worked for a real estate
development company in Washington, D.C., where he was responsible for the underwriting of commercial and multifamily acquisitions.
Previously, Mr. Fortier served as a technical adviser to RoboCent, Inc. from June 2012 to April 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr. Fortier holds a Bachelor of Arts in Economics
and Religious Studies from the University of Virginia. We believe Mr. Fortier has the technical and business experience and skill
to be successful in both his Chief Technology Officer and Director roles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Tyler Knight, Director and Chief Marketing
Officer - </B>Tyler Knight is a co-founder, Director and Chief Marketing Officer of MassRoots, responsible for user-acquisition
and key marketing channel relations. Prior to joining the MassRoots team, Mr. Knight served as Chief Operations Officer for RoboCent,
Inc. from January 2013 to April 2013, playing a key role in acquiring more than 250 clients and growing the scalable call platform
to $300,000 in revenue in its first 18 months. He also worked on several political campaigns from January 2010 to December 2012,
including serving as Deputy Field Director on Ben Loyola&#8217;s 2011 campaign for state Senate. Prior to joining MassRoots, Mr.
Knight studied marketing at Old Dominion University.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Daniel Hunt, Chief Operations Officer -</B>
Since June 2015, Daniel Hunt, age 21, has served as the Company&#8217;s Chief Operations Officer, responsible for overseeing the
Company's daily operations, including marketing, sales, business development, staffing, processes and infrastructure. From July
2014 to June 2015, Mr. Hunt served as the Company's Vice President of Marketing, where he was responsible for the coordination
and implementation of the Company&#8217;s marketing initiatives. From June 2011 to July 2014, Mr. Hunt served as Head of Business
Development for SearchParty Music, a media production company in Massachusetts. Prior to joining the Company, Mr. Hunt attended
James Madison University from 2012-2014, where he gained experience while supporting the operations of early-stage startups as
a member of the Society of Entrepreneurs. Mr. Hunt also serves on the board of managers of Flowhub, LLC, a private cannabis point-of-sale
company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Jesus Quintero, Chief Financial Officer
- </B>Jesus Quintero joined MassRoots as its Chief Financial Officer in May 2014. From January 2013 to October 2014, Mr. Quintero
has also served as Brazil Interactive Media&#8217;s Chief Financial Officer. He has previously served as a financial consultant
to several multi-million dollar businesses in Florida. Mr. Quintero has extensive experience in public company reporting and SEC/SOX
compliance, and held senior finance positions with Avnet, Inc., Latin Node, Inc., Globetel Communications Corp. and Telefonica
of Spain. His prior experience also includes tenure with PricewaterhouseCoopers and Deloitte &amp; Touche. Mr. Quintero earned
a B.S. in Accounting from St. John&#8217;s University and is a certified public accountant. He is fluent in English and Spanish,
and conversant in Brazilian Portuguese</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Legal Proceedings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We know of no pending proceedings to which
any director, member of senior management, or affiliate is either a party adverse to us, or our subsidiaries, or has a material
interest adverse to us or our subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">None of our executive officers or directors
have (i) been involved in any bankruptcy proceedings within the last five years, (ii) been convicted in or has pending any criminal
proceedings (other than traffic violations and other minor offenses), (iii) been subject to any order, judgment or decree enjoining,
barring, suspending or otherwise limiting involvement in any type of business, securities or banking activity or (iv) been found
to have violated any Federal, state or provincial securities or commodities law and such finding has not been reversed, suspended
or vacated.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Corporate Governance</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s Board of Directors is composed
of five members: Isaac Dietrich, who serves as Chairman of the Board, Ean Seeb, Tripp Keber, Stewart Fortier and Tyler Knight.
Messrs. Dietrich and Fortier are not &#8220;independent&#8221; as the term is used in Item 7(d)(3)(iv)(B) of Schedule 14A under
the Exchange Act, as amended. Moving forward, at such time the Board of Directors deems additional independent directors desirable,
or that we are required to have additional independent directors, either as a result of our listing on the NASDAQ Capital Market,
or a similar market or exchange, or that we are otherwise required by applicable law to have independent directors, we will promptly
take steps to appoint such independent directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not have any standing audit, nominating
and compensation committees of the Board of Directors, or committees performing similar functions. All Board actions have been
taken by Written Action rather than formal meetings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In lieu of an Audit Committee, the Company&#8217;s
Board of Directors is responsible for reviewing and making recommendations concerning the selection of outside auditors, reviewing
the scope, results and effectiveness of the annual audit of the Company's financial statements and other services provided by the
Company&#8217;s independent public accountants. The Board of Directors reviews the Company's internal accounting controls, practices
and policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Moving forward, at such time as the Board of
Directors believes that nominating, compensation or audit committees are necessary or desirable, or that we are required to have
such committees, either as a result of our listing on the NASDAQ Capital Market or a similar market or exchange, or otherwise as
required by law, we will take steps to form such committees and adopt charters as may be required to comply with all applicable
rules and regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently have a Code of Ethics applicable
to our principal executives, financial and accounting officers. A copy of the Code is available at our investor website: investors.massroots.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Shareholder Communications </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Although we do not have a formal policy regarding
communications with the Board, shareholders may communicate with the Board by writing to us at 1624 Market Street, Suite 201, Denver,
CO 80202, Attention: Legal. Shareholders who would like their submission directed to a member of the Board may so specify, and
the communication will be forwarded, as appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Certain Relationships And Related Transactions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as described herein (or within the section
entitled Executive Compensation of this prospectus), none of the following parties (each a &#8220;Related Party&#8221;) has, in
our fiscal years ended 2013 and 2014, had any material interest, direct or indirect, in any transaction with us or in any presently
proposed transaction that has or will materially affect us:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">&#8226;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">any of our directors or officers;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">&#8226;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">any person who beneficially owns, directly or indirectly, shares carrying more than 10% of the voting rights attached to our outstanding shares of common stock; or</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">&#8226;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">any member of the immediate family (including spouse, parents, children, siblings and in- laws) of any of the above persons.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, the Company approved the
issuance of 15.25 shares of common stock (4,569,970 shares post-Exchange) to Isaac Dietrich, our Chief Executive Officer and Chairman,
to repay $17,053 short term borrowing related to Mr. Dietrich&#8217;s payment of general Company expenses during the Company&#8217;s
first months since inception and to compensate him for his services. Service expense of $112,505 was recognized due to the fair
value of the shares in excess of the value of the short term borrowing. These shares were recorded as common stock to be issued
and subsequently issued on the closing date of January 1, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, the Company approved the
issuance of 3.75 shares of common stock (1,142,493 shares post-Exchange) to Hyler Fortier, our former Chief Operations Officer,
in exchange for her services. The market value of the issued shares is $31,870 and is approximated to be the fair market value
of the services received. These shares</P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">were recorded as Common Stock to be issued
and subsequently issued on the Original Offering&#8217;s closing date of January&nbsp;1, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, the Company approved the
issuance of 3.00 shares of common stock (913,994 shares post-Exchange) to Stewart Fortier, our Chief Technology Officer, in exchange
for his services. The market value of the issued shares is $25,496 and is approximated to be the fair market value of the services
received. These shares were recorded as Common Stock to be issued and subsequently issued on the Original Offering&#8217;s closing
date of January&nbsp;1, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, the Company approved the
issuance of 3.00 shares of common stock (913,994 shares post-Exchange) to Tyler Knight, our Chief Marketing Officer, in exchange
for his services. The market value of the issued shares is $25,496 and is approximated to be the fair market value of the services
received. These shares were recorded as Common Stock to be issued and subsequently issued on the Original Offering&#8217;s closing
date of January&nbsp;1, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the year ended December 31, 2013, the
Company issued 72.06 stock options (21,954,137 shares post-Exchange) to directors and officers of the Company. In addition, options
to purchase 42.81, 11.25, 9.0, and 9.0 shares (13,042,695, 3,427,478, 2,741,982 and 2,741,982 shares post-Exchange) of the Company&#8217;s
common stock at $1.00 per share were issued to Mr. Dietrich, Ms. Fortier, Mr. Fortier, and Mr. Knight, respectively. The options
vested through January 1, 2017 and contained an acceleration clause which was triggered on January 1, 2014 that caused all options
to vest immediately. On January 1, 2014, each officer exercised all options held at that time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 7, 2013, the Company entered into
an agreement to issue as compensation for services provided a total of 2.94 Series A Preferred shares (895,715 common shares post-Exchange)
with a market value of $24,998 to Douglas Leighton, the Company&#8217;s former director, for financial consulting services. The
market value of the shares approximated the fair market value of services received. These shares were recorded as Series A Preferred
Stock to be issued and subsequently issued on the Original Offering&#8217;s closing date of January 1, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As payment for consulting services provided
in relation to the March 2014 Offering, we issued Dutchess a warrant exercisable into 4,050,000 shares of our common stock at $0.001
per share, and a warrant exercisable into 2,375,000 shares of our common stock at $0.40 per share on March 24, 2014. Dutchess is
controlled by our former director, Douglas Leighton, and Michael Novielli. These warrants may be exercised any time after their
issuance date through and including the third anniversary of their issuance date. The Company also granted registration rights
to Dutchess covering all shares of common stock issuable upon the excise of the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 1, 2014, the Company issued 100,000
shares of common stock to Jesus Quintero at $0.01 per share in exchange for his services as the Company&#8217;s Chief Financial
Officer for one year. These shares have a fair market value of $10,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, each of Ean Seeb and Tripp
Keber, our independent directors, received the following pursuant to our 2014 Employee Incentive Plan for their service as a director:
(i) a Stock Award of 250,000 shares of our Common Stock valued at $25,000 and (ii) Options to purchase up to 750,000 shares of
our common stock at $0.10 per share, valued at $73,863.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 28, 2014, each of Isaac Dietrich
and Stewart Fortier, our Chief Executive Officer and Chief Technology Officer, respectively, each agreed to participate in the
Company&#8217;s private offering that took place beginning <FONT STYLE="font-family: Times New Roman, Times, Serif">September 15,
2014 and continued until March 11, 2015, </FONT>whereby Mr. Dietrich purchased $5,000 of the Company&#8217;s securities consisting
of 10,000 shares of the Company&#8217;s common stock and warrants to purchase 5,000 shares at $1 per share, while Mr. Fortier purchased
$10,000 of the Company&#8217;s securities consisting of 20,000 shares of the Company&#8217;s common stock and warrants to purchase
5,000 shares at $1 per share. On March 11, 2015, E3 Events, LLC, which is controlled by our Director, Ean Seeb, purchased $15,000
of the Company&#8217;s securities consisting of 30,000 shares of the Company&#8217;s common stock and warrants to purchase 15,000
shares at $1 per share. Each of these purchases were made on the same terms as other, non-affiliated investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">EXECUTIVE COMPENSATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 9pt 0 0"><B>Named Executive Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.5pt 0 0">Our &#8220;named executive officers&#8221; for the 2014
fiscal year consisted of the following individuals:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Isaac Dietrich, our Chief Executive Officer</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Stewart Fortier, our Chief Technology Officer</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Tyler Knight, our Chief Marketing Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>Summary Compensation Table</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The table below summarizes all compensation
awarded to, earned by, or paid to our Chief Executive Officer and our two most highly compensated executive officers who occupied
such position at the end of our last fiscal year for all services rendered in all capacities to us during the previous two fiscal
years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Name &amp; </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Principal </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Position</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 6%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Year</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 6%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Salary </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 6%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Bonus</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 14%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Stock </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Awards (5)</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$ </B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Option</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Awards (1)(5)</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Non-Equity </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Incentive Plan </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Compensation</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>All Other </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Compensation</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Total</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>$</B></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCFFCC">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Isaac Dietrich</FONT><BR>
<FONT STYLE="font-size: 10pt">Chief Executive Officer, Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2013</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2014</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$8,750</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$53,000</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$112,505<SUP>(2)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$363,811</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$485,066</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$53,000</P></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCFFCC">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Stewart Fortier, </FONT><BR>
<FONT STYLE="font-size: 10pt">Chief Technology Officer<U>, Director</U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2013</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2014</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$10,513</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$62,734</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$25,496<SUP>(3)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$76,485</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$112,510</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$62,734</P></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCFFCC">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Tyler Knight,</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Chief Marketing Officer, Director</P></TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2013</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2014</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$5,000</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$35,750</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$25,496<SUP>(4)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$76,485</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$106,997</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">$35,750</P></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 3pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 3pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD STYLE="text-align: justify">On April 24, 2013, 42.81, 11.25, and 9.00 stock options (13,042,695, 3,427,478 and 2,741,982 shares
post-Exchange) were issued as part of the employment agreements with Isaac Dietrich, Hyler Fortier and Stewart Fortier, respectively.
Each stock option allows the holder to purchase the same number of share of the Company&#8217;s common stock at $1.00 per share
(approximately $0.000003 per share post&#45;Exchange) per each individual option. The options vested through January 1, 2017, and
contained an acceleration clause which was triggered upon the closure of the Original Financing on January 1, 2014 that caused
all options to vest immediately, at which point all options were exercised. The fair market value was calculated using the Black-Scholes
options pricing model, assuming approximately 1.73% risk-free interest, 0% dividend yield, 200% volatility, and expected life of
7 years.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 3pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 15.25 shares of common stock (4,646,136
shares post-Exchange) to Isaac Dietrich, our Chief Executive Officer and Chairman, to repay $17,053 short term borrowing related
to Mr. Dietrich&#8217;s payment of general Company expenses during the Company&#8217;s first months since inception and to compensate
him for his services. Service expense of $112,505 was recognized due to the fair value of the shares in excess of the value of
the short term borrowing.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 3pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 3.00 shares of common stock (913,994 shares
post-Exchange) to Stewart Fortier in exchange for his services. The market value of the issued shares is $25,496 and is approximated
to be the fair market value of the services received. These shares were recorded as Common Stock to be issued and subsequently
issued on January 1, 2014.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 3pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">(4)</TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 3.00 shares of common stock (913,994 shares
post-Exchange) to Tyler Knight in exchange for his services. The market value of the issued shares is $25,496 and is approximated
to be the fair market value of the services received. These shares were recorded as Common Stock to be issued and subsequently
issued on January 1, 2014.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 3pt; margin-bottom: 3pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">(5)</TD><TD STYLE="text-align: justify">These amounts are the aggregate fair value of the equity compensation paid to our directors during
the fiscal year. The aggregate fair value is computed in accordance with FASB ASC Topic 718. See Note 2 to our audited financial
statements contained in the Annual Report on Form 10-K regarding assumptions underlying valuation of equity awards.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 3pt 2.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Outstanding Equity Awards at December 31, 2014 Fiscal Year End</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0; text-align: justify">No named executive officer had unexercised
outstanding equity awards at December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Narrative Disclosure to Summary Compensation and Option Tables</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, we entered into an agreement
with Isaac Dietrich, our Chief Executive Officer and Chairman, to provide services to us. For his services for a term of four years
and in repayment of $17,053 of short term borrowing, Mr. Dietrich received compensation of $1 per month, and was provided a stock
award of 15.25 shares (4,646,136 shares post-Exchange) and stock options which allowed Mr. Dietrich to purchase 42.81 shares</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(13,042,695 shares post-Exchange) of the Company&#8217;s
common stock at $1.00 per share per each individual option. The options vested through January 1, 2017, and contained an acceleration
clause which was triggered upon the closure of the Original Financing on January 1, 2014 that caused all options to vest immediately,
at which point all options were exercised. <I> </I>The agreement was amended on October 1, 2013 to require us to pay $3,500 monthly
to Mr. Dietrich.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, we entered into an agreement
with Tyler Knight to provide services to us. The agreement had a term of four years and required us to pay $1 monthly to Mr. Fortier
for her services, provided a stock award of 3.75 shares (913,994 shares post-Exchange) and provided stock options which allowed
Mr. Knight to purchase 9.00 shares (2,741,982 shares post-Exchange) shares of the Company&#8217;s common stock at $1.00 per share
per each individual option. The options vested through January 1, 2017, and contained an acceleration clause which was triggered
upon the closure of the Original Financing on January 1, 2014 that caused all options to vest immediately at which point all options
were exercised. <I> </I>The agreement was amended on October 1, 2013 to require us to pay $2,000 monthly to Mr. Knight.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 24, 2013, we entered into an agreement
with Stewart Fortier to provide services to us. The agreement had a term of four years and required us to pay $20/hour to Mr. Fortier
for his services, provided a stock award of 3.0 shares (913,994 shares post-Exchange) and stock options which allowed Mr. Fortier
to purchase 9.00 shares (2,741,982 shares post-Exchange) of the Company&#8217;s common stock at $1.00 per share per each individual
option. The options vested through January 1, 2017, and contained an acceleration clause which was triggered upon the closure of
the Original Financing on January 1, 2014 that caused all options to vest immediately, at which point all options were exercised.
The agreement was amended on October 1, 2013 to require us to pay $30/hr to Mr. Fortier.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><I>Amended Employment Agreements</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 1, 2014, MassRoots amended its employment
contract with Isaac Dietrich. For his services as Chief Executive Officer, Mr. Dietrich shall be compensated five thousand dollars
($5,000) per month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2015, MassRoots again amended
its employment contract with Isaac Dietrich. For his services as Chief Executive Officer, Mr. Dietrich shall be compensated seven
thousand five hundred dollars ($7,500) per month, effective April 1, 2015. The employment contract is &#8220;at-will&#8221; and
may be terminated by either party with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance
or employee benefits program was awarded to Mr. Dietrich and he serves at the direction of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 1, 2014, MassRoots amended its employment
contract with Stewart Fortier. For his services as Chief Technology Officer, Mr. Fortier shall be compensated six thousand five
hundred dollars ($6,500) per month. Upon the successful execution of all of our outstanding forty-cent ($0.40) warrants, Mr. Fortier&#8217;s
salary will increase to ten thousand dollars ($10,000) per month. The employment contract is &#8220;at-will&#8221; and may be terminated
by either party with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee
benefits program was awarded to Mr. Fortier and he serves at the direction of the Chief Executive Officer and Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 1, 2014, MassRoots amended its employment
contract with Tyler Knight. For his services as Chief Marketing Officer, Mr. Knight shall be compensated three thousand five hundred
dollars ($3,500) per month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2015, MassRoots again amended
its employment contract with Tyler Knight. For his services as Chief Marketing Officer, Mr. Knight shall be five thousand dollars
($5,000) per month. The employment contract is &#8220;at-will&#8221; and may be terminated by either party with or without cause
with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee benefits program was awarded to Mr.
Knight and he serves at the direction of the Chief Executive Officer and Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Consulting Agreement</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On May 1, 2014, MassRoots
executed an agreement with Jesus Quintero for Mr. Quintero to serve as the Company&#8217;s Chief Financial Officer and provide
it with financial consulting services. This agreement creates an independent contractor relationship and has a term of one year.
For this service, Mr. Quintero is paid $2,000 per month and was issued a stock award of 100,000 shares of our common stock on June
6, 2014. No retirement plan, health insurance or employee benefits program was awarded to Mr. Quintero and he serves at the direction
of the</P>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">Chief Executive Officer
and Board of Directors. This Agreement may be terminated by either party, with cause, upon ten (10) days prior written notice to
the other party. If terminated, Mr. Quintero would receive only the compensation earned, but unpaid under the agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 1, 2015, MassRoots executed an agreement
with Jesus Quintero for Mr. Quintero to continue to serve as the Company&#8217;s Chief Financial Officer and provide it with financial
consulting services. This agreement creates an independent contractor relationship and has a term of one year. For this service,
Mr. Quintero is paid $2,000 per month. No retirement plan, health insurance or employee benefits program was awarded to Mr. Quintero
and he serves at the direction of the Chief Executive Officer and Board of Directors. This agreement may be terminated by either
party, without cause, upon ninety (90) days prior written notice to the other party. If terminated, Mr. Quintero would receive
only the compensation earned, but unpaid under the agreement.<U> On October 1, 2015, MassRoots agreed to increase Jesus Quintero&#8217;s
compensation to $4,000 per month. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At no time during the last fiscal year with
respect to any person listed in the Table above was there:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any outstanding option or other equity-based award re-priced or otherwise materially modified (such
as by extension of exercise periods, the change of vesting or forfeiture conditions, the change or elimination of applicable performance
criteria, or the change of the bases upon which returns are determined);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any waiver or modification of any specified performance target, goal or condition to payout with
respect to any amount included in non-stock incentive plan compensation or payouts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any non-equity incentive plan award made to a named executive officer;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">any nonqualified deferred compensation plans including nonqualified defined contribution plans;
or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font: 10pt Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any payment for any item to be included under All Other Compensation (column (i)) in the Summary Compensation Table.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Equity Compensation Plan Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Information on the 2014 Plan is available in
the section of this prospectus entitled &#8220;<FONT STYLE="font-family: Times New Roman, Times, Serif">Market For Common Stock&#8221;
found above. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Director Compensation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our interested directors do not receive additional
compensation for their service as directors.<I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The following table shows for the fiscal
year ended December 31, 2014, certain information with respect to the compensation of all non-employee directors of the Company:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="width: 52px; padding-right: 1.45pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: black 1pt solid"><B>Name</B></P></TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.45pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Fees&nbsp;Earned&nbsp;or</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Paid in Cash</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 1.45pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Stock</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Awards&nbsp;(1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.45pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Option</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Awards&nbsp;(1)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 1.45pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Total&nbsp;</B></FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-size: 10pt">Ean Seeb</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;25,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">73,863</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">93,836</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-size: 10pt">Tripp Keber</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;25,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">73,836</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 1.45pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 1.45pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.45pt; text-align: right"><FONT STYLE="font-size: 10pt">93,836</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: left">These amounts are the aggregate fair value of the equity compensation paid to our directors during
the fiscal year. The aggregate fair value is computed in accordance with FASB ASC Topic 718. See Note 3 to our consolidated financial
statements contained in this Annual Report on Form 10-K regarding assumptions underlying valuation of equity awards.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">Messrs. Seeb and Keber joined the Company&#8217;s Board of Directors on June 4, 2014 and March
31, 2014, respectively.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 6, 2014, each of Ean Seeb and Tripp
Keber, our independent directors, received the following pursuant to our 2014 Employee Incentive Plan for their service as a director:
(i) a stock award of 250,000 shares of our Common Stock (the &#8220;Stock Award&#8221;) and (ii) options to purchase up to 750,000
shares of our common stock at $0.10 per share (each an &#8220;Option&#8221;) which vest as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Beginning on October 1, 2014, 250,000 Options shall begin to vest over the period of one year on
a monthly basis, such that 20,833 Options shall vest on the first of each month, except for every third month when 20,834 Options
shall vest;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Beginning on the later of (i) the date that Company attains 830,000 Users (&#8220;Users&#8221;
are defined for the purposes of the Options as the number of unique registrations for MassRoots Inc.&#8217;s network through</TD></TR></TABLE>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0.5in">MassRoots Inc.&#8217;s
mobile application and/or website (final determination shall be by the Committee)) or (ii) October 1, 2015, 250,000 Options shall
begin to vest over the period of one year on a monthly basis, such that 20,833 Options shall vest on the first of each month, except
for every third month when 20,834 Options shall vest; and</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Beginning on the later of (1) the date that Company attains 1,080,000 Users or (2) October 1, 2016,
250,000 Options shall vest immediately.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All vesting per the above schedule shall cease
thirty days from the time the applicable director is dismissed from the Board, fails to win re-election by shareholders, or resigns
as a director. Each of the Options and Stock Awards granted to Messrs. Keber and Seeb shall not be exercised or sold, respectively,
unless (i) permitted by all Federal and state laws, including Rule 144 of the Securities Act, and (ii) all outstanding <STRIKE>convertable</STRIKE><U>convertible</U>
debentures have been redeemed or converted into shares of our common stock. As of December 31, 2014, 62,500 Options held by each
of Messrs. Seeb and Keber had vested and were available for exercise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No director received any compensation for their
service as a director for the year-ended December 31, 2013.<FONT STYLE="font-family: Times New Roman, Times, Serif"> </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Indemnification of Officers and Directors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our Amended and Restated Certificate of Incorporation
provides that we shall indemnify our officers and directors to the fullest extent permitted by applicable law against all liability
and loss suffered and expenses (including attorneys&quot; fees) incurred in connection with actions or proceedings brought against
them by reason of their serving or having served as officers, directors or in other capacities. We shall be required to indemnify
a director or officer in connection with an action or proceeding commenced by such director or officer only if the commencement
of such action or proceeding by the director or officer was authorized in advance by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not currently maintain director&#8217;s
and officer&#8217;s liability insurance but we may do so in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT><BR CLEAR="ALL">
</P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth certain information
with respect to the beneficial ownership of common stock by: (i)&nbsp;each director, (ii)&nbsp;each of the executive officers of
the Company, (iii)&nbsp;all current directors and executive officers as a group, and (iv)&nbsp;each stockholder known to the Company
to be the beneficial owner of more than 5% of the outstanding shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Unless otherwise indicated in the footnotes
to the table, all information set forth in the table is as of <STRIKE>August 17</STRIKE><U>September 30</U>, 2015, and the address
for each director and executive officer of the Company is: c/o MassRoots, Inc., 1624 Market Street, Suite 201, Denver, CO 80202.
The addresses for the greater than 5% stockholders are set forth in the footnotes to this table.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 24%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Common Stock</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Number of</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>Shares</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>Beneficially</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>Owned (1)</B></P></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Percentage</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>Outstanding (2)</B></P></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt"><B>Directors and Officers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Isaac Dietrich</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17,703,831 (3)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">38.<STRIKE>89</STRIKE><U>54</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Stewart Fortier</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,685,976 (4)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8.<STRIKE>10</STRIKE><U>02</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Tyler Knight </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,655,976</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><STRIKE>8.03</STRIKE><U>7.96</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Daniel Hunt</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>350,830 (14</STRIKE><U>359,163 (15</U>)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">0.<FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>77</STRIKE></FONT><U>78</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Ean Seeb </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>550,833 (11</STRIKE><U>586,666 (12</U>)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">1.<FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>20</STRIKE></FONT><U>27</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Tripp Keber</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>520,833 (12</STRIKE><U>541,666 (13</U>)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">1.<FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>14</STRIKE></FONT><U>17</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Jesus Quintero</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">0.22%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 8.8pt; text-indent: -8.8pt">All directors and named executive</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 8.8pt; text-indent: -8.8pt">officers as a group (7&nbsp;persons)</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26,<STRIKE>559,946</STRIKE><U>663,278</U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>58.33</STRIKE><U>57.96</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt"><B>5% Stockholders </B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Douglas Leighton (5) </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10,<STRIKE>813,610</STRIKE><U>625,238</U> </FONT><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">19.<STRIKE>79</STRIKE><U>44</U>% (7)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Michael Novielli (8)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>8,118,841</STRIKE><U>7,930,469</U> </FONT><FONT STYLE="font-size: 10pt">(9)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>15.13</STRIKE><U>14.78</U>% (7)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Dutchess Opportunity Fund II, LP (10)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7,<STRIKE>368,841</STRIKE><U>180,469 </U>&nbsp;</FONT><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>14.00</STRIKE><U>13.57</U>% (7)</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 8.8pt; text-indent: -8.8pt"><FONT STYLE="font-size: 10pt">Hyler Fortier (<STRIKE>13</STRIKE><U>14</U>)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4,569,970</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><STRIKE>10.04</STRIKE><U>9.95</U>%</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="width: 92%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">The Company believes that each stockholder has sole voting and investment power with respect to the shares of common stock listed, except as otherwise noted. The number of shares beneficially owned by each stockholder is determined under rules of the SEC, and the information is not necessarily indicative of ownership for any other purpose. Under these rules, beneficial ownership includes (i) any shares as to which the person has sole or shared voting power or investment power and (ii) any shares which the individual has the right to acquire within 60 days after <STRIKE>August 17</STRIKE><U>September 30</U>, 2015 through the exercise of any stock option, warrant, conversion of preferred stock or other right, but such shares are deemed to be outstanding only for the purposes of computing the percentage ownership of the person that beneficially owns such shares and not for any other person shown in the table. The inclusion herein of any shares of common stock deemed beneficially owned does not constitute an admission by such stockholder of beneficial ownership of those shares of common stock .</FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Based on 45,<STRIKE>526,471</STRIKE><U>928,971</U> shares of common stock outstanding as of <STRIKE>August 17</STRIKE><U>September 30</U>, 2015.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The 17,703,831 shares of common stock include (i) 17,698,831 shares of common stock; and (ii) 5,000 shares of common stock issuable upon exercise of $1 warrants. &nbsp;These are </FONT><FONT STYLE="font-size: 10pt">aggregated without regard to the 4.99% Blocker. </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The 3,685,976 &nbsp;shares of common stock include (i) 3,675,976 shares of common stock; and (ii) 10,000 shares of common stock issuable upon exercise of $1 warrants. &nbsp;These are </FONT><FONT STYLE="font-size: 10pt">aggregated without regard to the 4.99% Blocker.</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Douglas Leighton resigned from the Company&#8217;s Board of Directors as of March 25, 2014. His address is as follows: 50 Commonwealth Ave., Suite 2 Boston, MA 02116.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="width: 92%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">The <FONT STYLE="font-family: Times New Roman, Times, Serif">10,<STRIKE>813,610</STRIKE><U>625,238</U> </FONT>shares of our common stock, aggregated without regard to the 4.99% Blocker, includes (i) 923,371 shares of our common stock held of record by Mr. Douglas Leighton; (ii) 771,398 shares of our common stock held of record by Bass Point Capital, LLC (of which Mr. Leighton, as Managing Member, has sole voting power and dispositive control); (iii) 1,000,000 <FONT STYLE="font-family: Times New Roman, Times, Serif">shares of our common stock issuable to Bass Point Capital, LLC upon exercise of $0.001 warrants</FONT> (iv) $109,100 in convertible debentures held by Dutchess (which Mr. Leighton and Michael Novelli, as Managing Members, have shared voting power and dispositive control), convertible into 1,091,000 shares of our common stock; (v) <FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>3,113</STRIKE><U>2,963</U>,659 shares of our common stock issuable to Dutchess upon exercise of the $0.001 Consulting Warrants; (vi) 2,920,500 shares of our common stock issuable to Dutchess upon exercise of the $0.40 Warrants</FONT>; (vii) <U>205,310 shares of our common stock<FONT STYLE="font-family: Times New Roman, Times, Serif"> held by Dutchess;&nbsp;&nbsp;(viii) </FONT></U>$50,000 of convertible debentures held by Azure Capital, LLC (of which Mr. Leighton, as Managing Partner, has sole voting power and dispositive control), convertible into 500,000 shares of our common stock; and (<STRIKE>viii</STRIKE><U>ix</U>) 250,000 shares of our common stock <FONT STYLE="font-family: Times New Roman, Times, Serif">issuable to</FONT> Azure Capital, LLC <FONT STYLE="font-family: Times New Roman, Times, Serif">upon exercise of the $0.40 Warrants</FONT>.</FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Each of the convertible debentures and warrants to purchase shares of our common stock held of record and beneficially by Dutchess, Mr. Leighton and Mr. Novelli contain the 4.99% Blocker. As of the date noted above, inclusive of the 4.99% Blocker, Dutchess, Mr. Leighton and Mr. Novelli beneficially own 4.99%, 4.99% and 4.99%, respectively, of our issued and outstanding common stock.&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>7</STRIKE><U>8</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Michael Novelli&#8217;s address is as follows: c/o Dutchess Global LLC, 1110 Rt. 55, Suite 206, LaGrangeville, NY 12540.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>8</STRIKE><U>9</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">The <STRIKE>8,<FONT STYLE="font-family: Times New Roman, Times, Serif">118,841</FONT></STRIKE><U>7,930,469</U><FONT STYLE="font-family: Times New Roman, Times, Serif"> </FONT>shares of our common stock, aggregated without regard to the 4.99% Blocker, includes (i) $109,100 in convertible debentures held by Dutchess (which Mr. Douglas Leighton and Mr. Michael Novelli, as Managing Members, have shared voting power and dispositive control), convertible into 1,091,000 shares of our common stock; (ii) <FONT STYLE="font-family: Times New Roman, Times, Serif"><STRIKE>3,113</STRIKE><U>2,963</U>,659 shares of our common stock held by Dutchess issuable upon exercise of the $0.001 Consulting Warrants; (iii) (vi) 2,920,500 shares of our common stock issuable to Dutchess upon exercise of the $0.40 Warrants; (iv) </FONT><U>205,310 shares of our common stock<FONT STYLE="font-family: Times New Roman, Times, Serif"> held by Dutchess; (v) </FONT></U><FONT STYLE="font-family: Times New Roman, Times, Serif">$50,000 in convertible debentures held by Dutchess Global Strategies Fund, LLC (which Mr. Novelli, as Managing Member, has sole voting power and dispositive control), convertible into 500,000 shares of our common stock; and (<STRIKE>v</STRIKE><U>vi</U>) 250,000 shares of our common stock issuable to Dutchess Global Strategies Fund, LLC upon exercise of the $0.40 Warrants. </FONT></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>9</STRIKE><U>10</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Dutchess&#8217; address is as follows:&nbsp;&nbsp;Dutchess Opportunity Fund, II, LP 50 Commonwealth Ave., Suite 2 Boston, MA 02116.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>10</STRIKE><U>11</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">Each of Mr. Michael Novielli and Mr. Douglas Leighton, as Managing Partners of Dutchess, has voting power and dispositive control over these shares. The 7,<STRIKE>368,841</STRIKE><U>180,469</U> shares of common stock are aggregated without regard to the 4.99% Blocker and include (i) $109,100 in convertible debentures convertible into 1,091,000 shares of our common stock; (ii) <STRIKE>3,113</STRIKE><U>2,963</U>,659 shares of our common stock issuable upon exercise of the $0.001 Consulting Warrants; and (iii) 2,920,500 shares of our common stock issuable upon exercise of the $0.40 Warrants, and (iv) <STRIKE>243,682</STRIKE><U>205,310</U> shares of our common stock<STRIKE> held of record</STRIKE>.&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>11</STRIKE><U>12</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The 550,833 shares of common stock consists of (i) 250,000 shares common stock held by Denver Relief Consulting, which is controlled by Mr. Seeb, (ii) </FONT><FONT STYLE="font-size: 10pt">options held by Mr. Seeb to purchase <STRIKE>270,833</STRIKE><U>291,666</U> shares of our common stock which had vested on <STRIKE>August 17</STRIKE><U>September 30</U>, 2015 or were exercisable within 60 days of such date, (iii) 30,000 shares of&nbsp;&nbsp;common stock held by E-3 Events, which is controlled by Mr. Seeb, and (iv) 15,000 <FONT STYLE="font-family: Times New Roman, Times, Serif">shares of common stock issuable upon exercise of $1 warrants, also held by E-3 Events</FONT>. These amounts do not include <STRIKE>&nbsp;</STRIKE>the underlying shares related to options to purchase <STRIKE>479,167</STRIKE><U>458,334</U> shares of our common stock which had not yet vested on <STRIKE>August 17</STRIKE><U>September 30</U>, 2015, were not exercisable within 60 days of such date, and/or contained performance-based conditions.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt"><STRIKE>(12)</STRIKE></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><STRIKE>The 500,000 shares of common stock consists of (i) 250,000 shares common stock held by Dixie Holdings LLC, which is controlled by Mr. Keber, and (ii) </STRIKE></FONT><STRIKE><FONT STYLE="font-size: 10pt">options held by Mr. Keber to purchase 270,833 shares of our common stock which had vested on August 17, 2015 or were exercisable within 60 days of such date. These amounts do not include&nbsp;&nbsp;the underlying shares related to options to purchase 479,167 shares of our common stock held by Mr. Keber which had not yet vested on August 17, 2015, were not exercisable within 60 days of such date, and/or contained performance-based conditions.&nbsp;&nbsp;</FONT></STRIKE></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt"><U>(13)</U></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>The 541,666 shares of common stock consists of (i) 250,000 shares common stock held by Dixie Holdings LLC, which is controlled by Mr. Keber, and (ii) </U></FONT><U><FONT STYLE="font-size: 10pt">options held by Mr. Keber to purchase 291,666 shares of our common stock which had vested on September 30, 2015 or were exercisable within 60 days of such date. These amounts do not include the underlying shares related to options to purchase 458,334 shares of our common stock held by Mr. Keber which had not yet vested on September 30, 2015, were not exercisable within 60 days of such date, and/or contained performance-based conditions.&nbsp;&nbsp;</FONT></U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>13</STRIKE><U>14</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ms. Fortier is the Company&#8217;s Director of Branding, a non-executive position for the purposes of Item 401 of Regulation S&#45;K, and, until June 2015, was the Company&#8217;s Chief Operations Officer. Her address is</FONT><FONT STYLE="font-size: 10pt">: c/o MassRoots, Inc., 1624 Market Street, Suite 201, Denver, CO 80202</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: right; text-indent: -13.5pt"><FONT STYLE="font-size: 10pt">(<STRIKE>14</STRIKE><U>15</U>)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: -0.9pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The <STRIKE>342,497</STRIKE><U>359,163</U> shares of common stock consists of (i) 230,000 shares of common stock; (ii) 37,500 shares of common stock issuable upon exercise of the $0.40 Warrants; and <STRIKE>83,330</STRIKE><U>(iii) options to purchase 91,663</U> shares of our common stock which had vested on <STRIKE>August 17</STRIKE><U>September 30</U>, 2015 or were exercisable within 60 days of such date.&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">These amounts do not include underlying shares related to options to purchase <STRIKE>16,670</STRIKE><U>8,337</U> shares of our common stock which had not yet vested on <STRIKE>August 17</STRIKE><U>September 30</U>, 2015, were not exercisable within 60 days of such date, and/or contained performance-based conditions.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 13.5pt; text-align: justify; text-indent: -13.5pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DESCRIPTION OF SECURITIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><STRIKE>In this</STRIKE><U>We are</U>
offering<STRIKE>,</STRIKE> up to 4,000,000 shares of our Common Stock, together with of up to 4,000,000 Warrants to purchase shares
of Common Stock at a price equal to $[ ] per share for gross proceeds of up to $8,000,000, before deduction of offering expenses.
The shares of Common Stock and Warrants are immediately separable and will be issued separately. This prospectus also relates to
the offering of shares of our Common Stock issuable upon exercise, if any, of the Warrants.</P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B><U>Common Stock: </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>General</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The following description of our common
stock is intended as a summary only and is qualified in its entirety by reference to our amended and restated certificate of incorporation
and bylaws, which are filed as exhibits to the registration statement of which this prospectus forms a part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Our authorized common stock consists
of 200,000,000 shares, par value $0.001 per share, of which 45,<STRIKE>526,471</STRIKE><U>928,971</U> shares were issued and outstanding
as of <STRIKE>August 24</STRIKE><U>September 30</U>, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Voting Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Each share of common stock entitles the holder
to one vote on all matters submitted to a vote of the stockholders. Except as otherwise required by Delaware law, the holders of
our common stock possess all voting power. Pursuant to Delaware law, directors of the Company are elected at the annual meeting
of the stockholders by a plurality of the votes cast at the election. According to our bylaws, in general, the affirmative vote
of a majority of the shares represented at a meeting and entitled to vote on any matter, is to be the act of our stockholders.
Our bylaws provide that a majority of the outstanding shares of the Company entitled to vote, represented in person or by proxy,
constitutes a quorum at a meeting of our stockholders. Our bylaws also provide that any action which may be taken at any annual
or special meeting of our stockholders may be taken without a meeting if a written memorandum, setting forth the action so taken,
is signed by all of the holders of outstanding shares of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Dividend Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The holders of our common stock are entitled
to receive dividends as may be declared by our Board of Directors out of funds legally available for dividends. Our board of directors
is not obligated to declare a dividend. Any future dividends will be subject to the discretion of our board of directors and will
depend upon, among other things, future earnings, the operating and financial condition of our company, its capital requirements,
general business conditions and other pertinent factors. We have not paid any dividends since our inception and we do not anticipate
that dividends will be paid in the foreseeable future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0"><B>Miscellaneous Rights and Provisions </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the event of our liquidation, dissolution
or winding up, each share of our common stock is entitled to share ratably in any assets available for distribution to holders
of our common stock after satisfaction of all liabilities, subject to rights, if any, of the holders of any of our other securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our common stock is not convertible or redeemable
and has no preemptive, subscription or conversion rights. There are no conversions, redemption, sinking fund or similar provisions
regarding our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our common stock, after the fixed consideration
thereof has been paid or performed, are not subject to assessment, and the holders of our common stock are not individually liable
for the debts and liabilities of our company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our bylaws provide that our Directors may amend
our bylaws by a majority vote of Directors or a majority vote of our shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>Warrants</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>The following summary of certain terms and
provisions of the Warrants offered hereby is not complete and is subject to, and qualified in its entirety by the provisions of
the form of the Warrant, which is filed as an exhibit to the Registration Statement of which this Prospectus is a part of. Prospective
investors should carefully review the terms and provisions set forth in the form of warrant.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Exercise Price.&nbsp;</I>The exercise price
per share of Common Stock purchasable upon exercise of the Warrants is $[ ]. <STRIKE>[</STRIKE>If we, at any time while the warrants
are outstanding, pay a stock dividend on our Common Stock or otherwise make a distribution on any class of capital stock that is
payable in shares of our Common Stock, subdivide outstanding shares of our Common Stock into a larger number of shares or combine
the outstanding shares of our Common Stock into a smaller number of shares, then, the number, class and type of shares available
under the Warrants and the exercise price will be correspondingly adjusted to give the holder of the Warrant, on exercise for the
same aggregate exercise price, the total number, class, and type of shares or other property as the holder would have</P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">owned had the Warrant been exercised prior
to the event and had the holder continued to hold such shares until the event requiring adjustment<STRIKE>.]</STRIKE><U>.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Exercisability</I>. Warrants may be exercised
beginning on the date of original issuance and at any time up to the date that is <STRIKE>5</STRIKE><U>three</U> years from the
initial <STRIKE>exercise</STRIKE><U>issuance</U> date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Cashless Exercise</I>. <STRIKE>[</STRIKE>The
Warrants do not contain a cashless exercise provision<STRIKE>.]</STRIKE><U>.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Exchange Listing</I>. We do not plan on
making an application to list the Warrants on the NASDAQ Capital Market, any national securities exchange or other nationally recognized
trading system.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Rights as a Stockholder</I>. Except by virtue
of such holder&#8217;s ownership of shares of our Common Stock, the holders of the Warrants do not have the rights or privileges
of holders of our Common Stock, including any voting rights, until they exercise their Warrants; provided, however, that if we
choose to engage in a rights offering or make a distribution of our assets to our common stockholders as a class, the holders of
the Warrants will have the right to participate in such distributions as if they had exercised the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Fundamental Transactions</I>. The Warrants
will survive an acquisition or similar fundamental change of control transaction. In addition, upon a change of control merger
or a non-surviving merger of the Company, the holders of the Warrants will have the right to require us or our successor to <STRIKE>repurchase
the Warrants at their then-current Black-Scholes option value.</STRIKE><U>provide such property or securities that the holder would
have received by for the transaction occurring. </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Limits on Exercise of Warrants</I>. <STRIKE>[Except
upon at least 61 days&#8217; prior notice from the holder to us, the</STRIKE><U>The</U> holder will not have the right to exercise
any portion of the Warrant if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number
of shares of our Common Stock (including securities convertible into Common Stock) outstanding immediately after the exercise<STRIKE>;
provided, however, that the holder may not increase this limitation at any time in excess of 9.99%].</STRIKE><U>.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Preferred Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of the date of this prospectus, no shares of preferred stock are outstanding. Pursuant to our Amended and Restated Certificate
of Incorporation, our Board has the authority, without further action by the stockholders, to issue from time to time up to 21
shares of preferred stock in one or more series. The only series which has been issued previously is Series A Preferred Stock,
none of which is currently outstanding as of the date of this registration statement, of which this prospectus is a part of. </FONT>Among
other rights and privileges, holders of Series A Preferred Stock are entitled to a cumulative dividend of 7% annually, preferential
payments over common stock in the case of liquidation, merger, and other events, and the ability to convert their Series A Preferred
Stock to common stock on a one to one basis (taking into account any unpaid dividends). This right to convert on a one to one basis
to common stock is unaffected by the Exchange. <FONT STYLE="font-family: Times New Roman, Times, Serif">Each share of </FONT>Series
A Preferred Stock <FONT STYLE="font-family: Times New Roman, Times, Serif">entitles the holder to cast the number of votes equal
to the number of whole shares of common stock into which the shares of Series A Preferred Stock held are convertible as of the
record date. The holders of record of the shares of Series A Preferred Stock, exclusively and as a separate class, shall be entitled
to elect 2 directors of the Company. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We currently have no plans to issue any shares of preferred stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><I>You should read the following discussion
of our financial condition and results of operations in conjunction with financial statements and notes thereto included elsewhere
in this prospectus. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs.
Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or
contribute to these differences include those discussed below and elsewhere in this prospectus, particularly in &#8220;Risk Factors&#8221;.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">MassRoots, Inc. was incorporated in
the state of Delaware on April 24, 2013, to be a mobile network for the cannabis community. We are a development-stage company
and have generated only minimal revenues from business operations. Our independent registered public accounting firm has issued
a going concern opinion. This means there is substantial doubt that we can continue as an on-going business unless we obtain additional
capital to pay our ongoing operational costs. Accordingly, we must locate sources of capital to pay our operational costs.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 100%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify"><B>Discussion as of December 31, 2014:</B></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our operational expenditures are primarily
related to development of the MassRoots platform, marketing costs associated with getting users to join our network and engage
with other users, and the costs of being a fully reporting company with the Securities and Exchange Commission. As of February
25, 2015, MassRoots has built a network of 325,000 users and facilitated 75 million Interactions. This growth has been aided by
the growing use of mobile applications and the popularity of the marijuana legalization movement among young adults, our primary
users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Results Of Operations </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since inception on April 24, 2013, and during
the year ended December 31, 2014, our business operations have been primarily focused developing our mobile applications, websites
and increasing our user base.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have generated only minimal revenues from
our operations thus far.&nbsp; We cannot guarantee we will be successful in our business operations.&nbsp; Our business is subject
to risks inherent in the establishment of a new business enterprise, including the financial risks associated with the limited
capital resources currently available to us for the implementation of our business strategies.&nbsp; To become profitable and competitive,
we must develop the business plan and execute the plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2014, we generated
$9,030 in advertising revenues, while we generated $470 in advertising revenues from April 24, 2013 (inception) through December
31, 2013. For the six months ended December 31, 2014, we generated $7,291 in advertising revenues, while we generated $1,739 in
advertising revenues from January 1 to June 30, 2014. This revenue was primarily generated from our Marijuana Tech Startup Weekend
we hosted in late September, 2014, an event designed to recruit development talent for the MassRoots team. These revenues are not
indicative of our future monetization strategy and will most likely decrease during the early part of 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2014, we incurred
$1,615,563 in operating expenses, related principally to stock warrants issued for services and legal expenses. &nbsp;Excluding
expenses related to the stock warrants, common stock and stock options issued for services, our total operating expenses for the
year ended December 31, 2014 was $969,834. These expenses were primarily related to the continuous development of new features
for the MassRoots App, advertising to expand MassRoots&#8217; userbase during 2014 and costs related to filing our S-1 Registration
Statement with the Securities and Exchange Commission. Operating expenses for 2015 are likely to increase above 2014&#8217;s as
we continue to expand the MassRoots Team and invest significant resources in scaling our userbase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 23, 2013 (inception) through December
31, 2013, we incurred $919,593 in operating expenses.&nbsp; Expense related to equity awards (common stock and options) issued
for services by our executive officers was the largest category of expense, totaling $832,797.&nbsp; Excluding expenses related
to the equity grants, our total operating expenses cumulative since inception through December 31, 2014 was $86,796.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Product Trends and User Growth </I></P>


<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots started 2014 with fewer than 20,000
users and as those people were mainly the early adopters, their usage patterns and feedback weren&#8217;t necessary indicative
of the larger market. We knew that if MassRoots was to continue to scale, we would need to adjust our branding and marketing strategy
to appeal to a wide variety of cannabis consumers and reach them in environments where our messaging would have the most impact.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the year, we utilized social networks,
such as Instagram to help expand our user base. We viewed this as a strong potential market for us to capture as these users were
already discussing cannabis in a social environment on a mobile application. MassRoots currently has one of the largest cannabis-related
followings on Instagram with 162,000 followers as of March 23, 2015 and we utilize the platform to highlight the best content from
our community as well as engaging in pro-legalization advocacy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">By April 2014, MassRoots had scaled to 100,000
users and continued to reinvest in our network. By late September 2014, MassRoots had scaled to over 170,000 users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We designed our product in that way so a significant
portion of our users would immediately feel comfortable with the design and functionality of our app. We believe this serves as
a solid foundation from which we can develop additional features specifically for the cannabis community, such as giving users
the ability to tag the particular strain of cannabis they&#8217;re smoking. The MassRoots Android Application saw the greatest
improvement in user-experience and functionality over the course of 2014 and is now more advanced than our iOS Application in many
aspects, such as our new Discover page that gives users more effective ways to find the best content on our network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since MassRoots&#8217; inception, we have been
focused on building an active and engaged community on our platform, not generating revenue. When we reach a critical mass of users
and state regulations permit, we will begin pushing updates to our applications to facilitate order ahead, delivery, and in-app
purchase of ancillary products. When fully developed, we will be able to deploy these features to hundreds of thousands of users
simultaneously on a platform they&#8217;re already using for their marijuana-related activities. We do not believe we will have
the development resources to launch these features until late 2015 or early 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We formally launched MassRoots for Business,
a suite of tools and analytics to help businesses better engage with the MassRoots community, to Colorado businesses in March 2015.
We currently have over 50 dispensaries actively posting on our network and we are not charging dispensaries to create an account
and distribute content to their followers. We view this an opportunity to introduce MassRoots to the business community, build
a working relationship, and then push additional, paid features out over time such sponsored posts. Like our user-facing applications,
we believe the most important thing is get people using our products. Prospective businesses may request access at Business.MassRoots.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Throughout 2014, Colorado increasingly emerged
as the leading adult-use cannabis market with strong, effective regulations and a healthy business ecosystem. We believe that whatever
products and services are able to capture the Colorado market will export to the rest of the country as legalization spreads. Our
main focus in 2015 is to continue to capture market share of both users and dispensaries in Colorado and other areas.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe that MassRoots is the largest and
most active social network of cannabis consumers. Over the coming months, MassRoots plans to develop or review potential acquisitions
of leading software solutions for consumers, businesses and developers in the cannabis industry</P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity And Capital Resources</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Fundraising</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, we completed the March 2014
Offering, where we offered $475,000 of our securities to certain accredited and non-accredited investors consisting of (i) $269,100
of principle face amount debentures convertible into shares of the Corporation&#8217;s common stock at $0.10 per share (the &#8220;Debentures&#8221;),
together with the warrants, exercisable into an amount of our common stock equal to fifty percent (50%) of the common stock underlying
the Debentures, at $0.40 per share; and (ii) 2,059,000 shares of our common stock at $0.10 per share, together with a warrant,
exercisable into an amount of our common stock equal to fifty percent (50%) of the Common Stock purchased, at $0.40 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From September 15, 2014 to December 31, 2014,
we completed an offering of $524,000 of our securities to certain accredited and non-accredited investors consisting of 1,048,000
shares of our common stock at $0.50 per share, with a warrant, exercisable into an amount of our common stock equal to fifty percent
(50%) of the common stock purchased, at $1.00 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Cash on Hand </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our current cash on hand as of December 31,
2014 was $141,928. Our&nbsp;cash on hand as of December 31, 2013 was $80,479.&nbsp; The increase of cash on hand was primarily
due to further issuances of our common stock for cash, offset significantly by increases in our operating expenses due to becoming
a public company and continuing to expand MassRoots&#8217; payroll and advertising budgets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently have no external sources of liquidity
such as arrangements with credit institutions or off-balance sheet arrangements that will have or are reasonably likely to have
a current or future effect on our financial condition or immediate access to capital.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are dependent on the sale of our securities
to fund our operations, and will remain so until we generate sufficient revenues to pay for our operating costs. Our officers and
directors have made no written commitments with respect to providing a source of liquidity in the form of cash advances, loans
and/or financial guarantees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are unable to raise the funds we will
seek alternative financing through means such as borrowings from institutions or private individuals. There can be no assurance
that we will be able to raise the capital we need for our operations from the sale of our securities. We have not located any sources
for these funds and may not be able to do so in the future. We expect that we will seek additional financing in the future. However,
we may not be able to obtain additional capital or generate sufficient revenues to fund our operations. If we are unsuccessful
at raising sufficient funds, for whatever reason, to fund our operations, we may be forced to cease operations. If we fail to raise
funds we expect that we will be required to seek protection from creditors under applicable bankruptcy laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our independent registered public accounting
firm has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on our ability
to implement our business plan, raise capital and generate revenues. See Note 6 of our financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Use of Cash</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We had&nbsp;net cash used in operations for
the year ended December 31, 2014 and from April 23, 2013 (inception) to December 31, 2013 of $922,955 and $85,052, respectively.&nbsp;For
the year ended December 31, 2014,&nbsp;net cash used was mainly attributed to our loss of $2,436,142&nbsp;offset by the cash provided
from&nbsp;stock warrants and stock options issued for services and changes in derivative liabilities. While from April 23, 2013
(inception) through December 31, 2013, the $85,052 cash used was attributed to loss for the period offset by cash provided by equity
issuances for services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We had net cash used in investing activities
for the year ended December 31, 2014 and April 23, 2013 (inception)&nbsp;thru December 31, 2013 of $14,667 and $1,522, respectively.&nbsp;</P>


<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We had&nbsp;net cash used in financing activity&nbsp;for
the year ended December 31, 2014 and April 23, 2013 (inception) through December 31, 2013 of $999,072 and $167,053, respectively.&nbsp;These
amounts were attributed to equity issuances throughout the&nbsp;periods.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Required Capital Over the Next Fiscal Year</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe we will have to raise an additional
$2.5 million to fund our operations through the end of the 2015 fiscal year, including roughly $250,000 to remain current in our
filings with the SEC. There can be no guarantee or assurances that we will be able to raise such capital and if we do, it will
likely dilute existing shareholders. We do not believe we will generate significant revenue until at least fiscal year 2016 and
there can be no assurances that we will be successful in our initiatives or reach profitability.</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 100%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify"><B>Discussion as of March 31, 2015:</B></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><BR>
MassRoots&#8217; primary objective for the first quarter of 2015 was getting our application back into App Store. On November 4,
2014, the App Store had removed MassRoots from sale and created a rule that all social cannabis applications were prohibited. This
greatly limited MassRoots&#8217; growth as our network was only available on Android, web and mobile web platforms. On January
5, 2015, we launched several posts on MassRoots, Instagram, Twitter and Facebook encouraging our users and followers to send personal
emails to the App Store on why they love our application. Within a week, over 10,000 cannabis enthusiasts had sent personal emails
to Apple demanding MassRoots return to the App Store.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We then shifted our focus to uniting
the cannabis business community against Apple&#8217;s policy. MassRoots drafted a letter with the ArcView Group and National Cannabis
Industry Association stating the App Store was,&nbsp;&#8220;limit[ing] consumer choice to dispensary locators and strain guides,
preventing the innovation that the App Store has spawned for countless other industries. In the cannabis sector, these innovations
will allow patients to more effectively communicate, to have their medicine delivered directly to their homes, and will allow the
industry to operate in a safer and more efficient manner.&#8221; Dozens of dispensaries, cannabis investment firms and fellow technology
companies joined as signatories and in mid-January, the letter was mailed to Apple&#8217;s leadership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Once it was clear that we had the support
of cannabis consumers and business community, we began to tell our story to the press. In late January, MassRoots&#8217; App Store
campaign made the front page of the Denver Post and Buzzfeed.com, galvanizing even more support for our cause. In mid-February,
Apple reformed their social cannabis application policies and MassRoots returned to the App Store with no conceptual changes. The
App Store only mandated that a hard geo-fence be implemented on MassRoots: all users must give the app permission to access their
location from their cell phone carrier and if they are not located in the 23 states with medical cannabis laws, they are prohibited
from accessing MassRoots.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Once MassRoots returned to the App Store,
we immediately shifted our focus back to rapidly scaling our network. MassRoots started the first quarter with a little over 200,000
registered users; by late March, 2015 that amount had grown to 325,000 registered users or an increase of 37.5% for the quarter,
despite the fact that MassRoots was unavailable in the App Store from November&nbsp;4, 2014 to February 14, 2015. MassRoots expects
to cross 500,000 users during third quarter of 2015 and 1,000,000 users during first quarter of 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We launched MassRoots for Business in
early March 2015 as a free online portal for dispensaries to schedule posts, view analytics and gain insights into their followers.
Over 100 dispensaries and cannabis brands were using MassRoots for Business by March 31, 2015. Over the coming months, we will
expand its functionality to allow businesses to sponsor posts in our users&#8217; newsfeeds and begin to monetize our network.
We believe we will have 1,000 dispensaries using MassRoots for Business and begin to receive revenue during the second half of
a 2015. We plan to have a 20% paid conversion rate during third quarter of 2015 and 2,500 dispensaries with a 40% paid conversion
rate during first quarter of 2016. We define paid conversion rate as the percent of dispensaries who are paying MassRoots cash
for value or services we provide to them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, MassRoots
raised $342,000 at $0.50 per share in a private offering with each share including a warrant for one-half share of common stock
at $1.00 per share. We also engaged Chardan Capital, as a placement agent for a private placement at $0.60 per share that occurred
during the second quarter of 2015 and has since terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">MassRoots focused on building our development
team during first quarter of 2015. In March, MassRoots hired Alan Janis as our Director of Technology, who was previously a cloud
infrastructure engineer at Photobucket and Yahoo. We also extended employment offers to Vixay Sysouthavongsa as our UI/UX Director,
Thomas Gibbs as our Lead Mobile Developer and Adam Cooper as our lead iOS Developer. We expect to continue expanding our development
team during the second quarter 2015. We believe that by hiring the most talented engineers we can find, MassRoots will develop
the best products and services for consumers and businesses in the cannabis industry.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">MassRoots&#8217; primary goals for 2015
are building out features and services that attract new users and increase their engagement while, at the same time, significantly
investing in the growth and infrastructure of our network. Our lack of profitability today is part of a deliberate strategy of
prioritizing our limited resources on what will deliver the</P>


<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">greatest long-term value for our shareholders:
a growing and thriving user-base of end cannabis consumers. In order to build that user-base, our developers must focus on creating
the best user experience, our marketing staff must be focused on acquiring end-cannabis consumers and our leadership team needs
to focus on the requisite strategies to reach a critical mass of users; once that has been accomplished, we can start focusing
on developing, marketing and growing an advertising platform that will connect cannabis-related businesses to end cannabis consumers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Over the coming months, MassRoots plans
to develop, partner with, or acquire leading software solutions for consumers, businesses and developers in the cannabis industry.
By doing so, we are seeking to create a valuable distribution channel for cannabis and its ancillary products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B><U>Results of Operations</U></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>For the three-months ended </B></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>March 31, 2015</B></TD>
    <TD NOWRAP STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>March 31, 2014</B></TD>
    <TD NOWRAP STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>$ Change</B></TD>
    <TD NOWRAP STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>% Change</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Gross profit</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$241</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$305</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$(64)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">-21.0%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">General and administrative expenses</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">565,051</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">681,507</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(116,456)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">-17.1%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Loss from Operations</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(564,810)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(681,202)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">116,392</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">-17.1%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Other Income /(Expense)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">14,301</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(1,263)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">15,564</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">-1232.3%</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net Loss</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($550,509)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($682,465)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$131,956</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($0)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net loss per share - basic and diluted</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($0.01)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">N/A</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">N/A</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">N/A</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><BR>
<B>Revenue</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Since inception on April 24, 2013, our
business operations have been primarily focused developing our mobile applications, websites and increasing our user base.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We have generated only minimal revenues
from our operations thus far. We cannot guarantee we will be successful in our business operations. Our business is subject to
risks inherent in the establishment of a new business enterprise, including the financial risks associated with the limited capital
resources currently available to us for the implementation of our business strategies. To become profitable and competitive, we
must develop the business plan and execute the plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We are unable to provide a timeline
for the generation of revenues which casts substantial doubt on the viability of our business and our ability to continue as a
going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">For the three months ended March 31,
2015 and March 31, 2014, we generated revenues of $941 and $995, respectively, from our business operations. These revenues were
primarily from merchandise purchased through Store.MassRoots.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Cost and Expenses</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Operating expenses decreased from $681,507
for the three months ended March 31, 2014 to $565,051 for the three months ended March 31, 2015. The $116,456 decrease is partially
attributed to a $391,045 reductions in equity issuances for services during the three months ended March 31, 2015 versus the three
months ended March 31, 2014; this was offset by increases in payroll expenses for the three months ended March 31, 2015, $130,022
versus the three months March 31, 2014 as the company increased its headcount due to increase in operational activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
issued $113,712 worth of common stock in exchange for services rendered to the Company, as compared to $0 worth of common stock
issued during the first quarter of 2014. These issuances</P>


<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">were comprised of 200,000 shares to
Chardan Capital for a retainer in an investment banking relationship and 230,000 shares to five employees and consultants under
our 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
incurred $53,589 in advertising expenses, as compared to $30,504 during the first quarter of 2014. The increase was primarily driven
by an increase in conference and event-related sponsorships and advertising through Instagram and Twitter accounts with large followings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
incurred $65,989 in independent contractor expenses, as compared to $22,067 during the first quarter of 2014. These expenditures
were primarily related to the development of our mobile apps and during the first quarter ended March 31, 2015, we spent $47,960
through TopTal, an outsourced development service. In late March, we recruited in-house developers to replace these independent
contractors and we expect independent contractor-related expenditures will decrease in coming quarters as payroll expense increase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
incurred $162,930 in payroll expenses, as compared to $32,908 during the first quarter of 2014. These increases were primarily
related caused by an increase in employees from four during the first quarter of 2014 to 16 during the first quarter of 2015. In
March, we began building out an in-house development team which we expect to increase payroll-related expenditures in coming quarters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
incurred $47,009 in expenses related to the issuance of options, as compared to $0 during the first quarter of 2014. We issued
1,065,000 options to 21 employees and consultants at $0.50 per share under our 2014 Employee Stock Option Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, we
incurred $100,968 in other general and administrative expenses, as compared to $30,997 during the first quarter of 2014. These
expenses were primarily comprised of $25,931 in accounting and consulting-related expenditures, including our annual audit, $27,390
in Dues and Subscriptions, including our OTCQB and DTC application fees and a $10,000 donation to the National Cannabis Industry
Association, $11,521 in server hosting fees, and $20,168 in travel-related expenditures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Other Income (Expense)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The Company realized a gain related
to the fair value mark to market adjustments of its derivative liabilities of $42,737 for the three months ended March 31, 2015
versus $0 for the three months ended March 31, 2014. These derivative liabilities were determined as of December 31, 2014. This
gain was offset by an increase in amortization of discount on notes payable for the three months ended March 31, 2015 of $26,146
versus $1,263 for the three months ended March 31, 2014. Interest expense related to the derivatives was $2,290 for the three months
ended March 31, 2015 versus $0 for the three months ended March&nbsp;31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">For the three months ended March 31
2015 and March 31, 2014, we had net losses of $550,509 and $682,465, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Liquidity and Capital Resources</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">For the three months ended March 31, 2015 and 2014, our cash flows were:</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Three months ended</B></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>March 31,</B></TD></TR>
<TR>
    <TD NOWRAP STYLE="width: 72%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>2015</B></TD>
    <TD NOWRAP STYLE="width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>2014</B></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Unaudited)</TD></TR>
<TR STYLE="background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>Net cash provided by operating activities</B></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($409,141)</TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($122,571)</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>Net cash used in investing activities</B></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($9,896)</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">($6,231)</TD></TR>
<TR STYLE="background-color: #DAEEF3">
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><B>Net cash provided by financing activities</B></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$332,000 </TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">$375,200 </TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><BR>
Net cash used in operations during the three months ended March 31, 2015 and March 31, 2014 was $409,141 and $122,571, respectively.&nbsp;During
the three months ended March 31, 2015,&nbsp;net cash used of $409,141 was attributed to the cash used from the loss for the three
month period and also increases in other receivables, prepaid expense,</P>


<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">deposits and inputted interest expense,
while being offset by cash provided from equity issuances for services, amortization of discount on notes payable and an increase
in accounts payable and accrued expenses. For the three months ended March 31, 2014, net cash used of $122,571 was attributed to
cash used from the loss for the period which was offset by cash provided by equity issuances and an increase in accounts payable
and accrued expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Net cash used in investing activities
was $9,896 and $6,231 for the three months ended March 31, 2015 and March 31, 2014, respectively. These were mainly attributed
to the purchase of equipment, primarily computers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Net cash provided by financing activities&nbsp;for
the three months ended March 31, 2015 and March 31, 2014 was $332,000 and $375,200, respectively.&nbsp;These amounts were attributed
to equity issuances throughout the&nbsp;periods.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B><I>Capital Resources</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Our current cash on hand as of March
31, 2015 was $54,891, which will be used to meet our operational expenditures for one month. Subsequent to the close of the quarter,
we closed a $576,200 private offering and have received $115,000 in proceeds from warrant exercises</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We currently have no external sources
of liquidity such as arrangements with credit institutions or off-balance sheet arrangements that will have or are reasonably likely
to have a current or future effect on our financial condition or immediate access to capital. We are dependent on the sale of our
securities to fund our operations, and will remain so until we generate sufficient revenues to pay for our operating costs. Our
officers and directors have made no written commitments with respect to providing a source of liquidity in the form of cash advances,
loans and/or financial guarantees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Fundraising </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During the first quarter of 2015, MassRoots
sold 684,000 shares of unregistered common stock for $342,000. For every two shares purchased in the round, a warrant to purchase
one share of common stock at $1.00 per share was included (684,000 total warrants at $1.00 per share). This round was closed on
March 11, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><I>Required Capital Over the Next Fiscal
Year</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We expect MassRoots will able to raise
up to $2.8 million over the next fiscal year if warrant holders choose to exercise their warrants. However, there is no guarantee
that any warrant holder will in fact exercise such warrants. As of March 31, 2015, there were 4,750,000 warrants exercisable at
$0.40 per share that if executed, will inject approximately $1.9 million into the Company; there are also 866,000 warrants exercisable
at $1.00 per share that if executed, will inject $866,000 into the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We believe MassRoots will require $2.5
million to sustain operations over the next fiscal year and that we will be able to raise those funds primarily through warrant
exercises.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">If we are unable to raise the funds
we will seek alternative financing through means such as borrowings from institutions or private individuals. There can be no assurance
that we will be able to raise the capital we need for our operations from the sale of our securities. We have not located any sources
for these funds and may not be able to do so in the future. We expect that we will seek additional financing in the future. However,
we may not be able to obtain additional capital or generate sufficient revenues to fund our operations. If we are unsuccessful
at raising sufficient funds, for whatever reason, to fund our operations, we may be forced to cease operations. If we fail to raise
funds we expect that we will be required to seek protection from creditors under applicable bankruptcy laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Our independent registered public accounting
firm has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on our ability
to implement our business plan, raise capital and generate revenues. See Note 10 of our financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Off-Balance Sheet Arrangements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">We do not have any off-balance sheet
arrangements.</P>


<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 100%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt; text-align: justify"><B>Discussion as of June 30, 2015:</B></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_016.gif" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000549|msrt_users.gif" STYLE="height: 402px; width: 672px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><I><STRIKE>&nbsp;Figure
1: Our monthly User growth beginning from July 2013 through June 2015</STRIKE></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><STRIKE>&nbsp;</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, MassRoots
expanded its userbase by 45%, from approximately 275,000 to 400,000 cannabis consumers. We believe MassRoots&#8217; userbase has
hit critical mass during the second quarter of 2015. Our growth was primarily driven by MassRoots&#8217; increasing popularity
as one of the first national cannabis brands and word of mouth virility from our users. Based on our current projections, we expect
MassRoots to cross 1 million Users in late 2015 or early 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During June 2015, MassRoots generated 100 million
&#8220;newsfeed impressions&#8221;, defined as a User viewing a post on MassRoots&#8217; local, global or buds feeds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe MassRoots has the largest social
following of any marijuana-related App. During the second quarter of 2015, MassRoots expanded its Instagram from 168,000 to 220,000
followers, its Twitter following from 86,000 to 102,000 followers, and its Facebook from 37,000 to 109,000 followers. In mid-June
2015, MassRoots became one of the first cannabis brands to be verified by Twitter. MassRoots&#8217; large social followings is
a major driver of new users, re-engaging existing users and allows us to broadcast our message beyond our current existing userbase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Business Model and MassRoots for Business</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We launched MassRoots for Business in early
March 2015 as a free online portal for dispensaries to schedule posts, view analytics and gain insights into their followers. Over
1,000 cannabis businesses were utilizing MassRoots for Business as of June 30, 2015, including 46% of the dispensaries in Colorado
and 85% of dispensary chains with more than four stores.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #9BBB59">
    <TD COLSPAN="3" STYLE="border-top: white 1pt solid; border-right: white 1pt solid; border-left: white 1pt solid; border-bottom: white 3pt solid; padding: 0.05in 0.1in; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>MassRoots for Business &#8211; Expected Premium Business Memberships</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Rollout Planned in Q3 2015)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #9BBB59">
    <TD STYLE="width: 18%; border-left: white 1pt solid; padding: 0.05in 0.1in; border-bottom: white 3pt solid; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Premium Upgrade</B></FONT></TD>
    <TD STYLE="width: 21%; border-bottom: white 3pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Cost</B></FONT></TD>
    <TD STYLE="width: 61%; border-bottom: white 3pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Benefits</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #DEE7D1">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Premium Profiles</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$49/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; MassRoots
        Verified Badge</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Enhanced
        Profile Access</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #EFF3EA">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Data Access</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$149/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Detailed
        Geo-Based Analytics</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Area
        Activity Heat Maps</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #DEE7D1">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Market Insights</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$349/Month</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Insight
        on Trending Strains, Products, Services, and Hashtags</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 16.4pt; text-align: justify; text-indent: -0.25in">&#8226; Area
        Reach and Exposure Data</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: #EAF1DD">
    <TD STYLE="border-right: white 1pt solid; border-bottom: white 1pt solid; border-left: white 1pt solid; padding: 0.05in 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Sponsored Posts</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in; border-right: white 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$20/CPM</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.05in 0.1in 0.05in 16.4pt; border-right: white 1pt solid; text-align: justify; text-indent: -0.25in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8226; Targeted, Enhanced Exposure Posts</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the third quarter of 2015, we expect
to begin to extend MassRoots for Business&#8217; functionality to allow dispensaries and cannabis-related businesses to upgrade
to premium business profiles, access market data, and to gain premium placement in search results for a monthly fee, as outlined
above. Additionally, we plan to allow businesses to sponsor posts in users&#8217; newsfeeds, similar to Facebook and Twitter, and
expect to be able to charge roughly $20 per thousand impressions for targeted sponsored posts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not re-creating the wheel with our revenue
model: this is already the model WeedMaps and Leafly have used to generate $25 million in annual revenue and $1 million estimated
per month revenue, respectively, from cannabis-related technology businesses. As more fully explained in the &#8220;<I>Competition</I>,&#8221;
section below, we believe that a social network offers a superior value proposition than a strain guide and dispensary locator,
as social networks have greater recurring usage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We expect to begin to generate and continue
to grow revenues throughout the remainder of the year. Our current monthly burn on Company operations is approximately $250,000
and will not need to significantly scale as we start generating revenue &#8211;the main cost of generating revenue is the development
of our self-service business portal, which we have been devoting resources to for several months. The system is designed in such
a way that clients can set-up, manage and analyze their own campaigns and have access to certain data based on their subscription;
the</P>


<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">fulfillment of these services is automated
in the backend of MassRoots, requiring little marginal manpower as we add additional clients.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our intention is to prove MassRoots&#8217;
business model in 2015 and 2016 while the cannabis industry is still relatively small &#8211; of the 23 states with medical cannabis
laws, only 4 states have active dispensary systems with wide enough set of conditions to allow a significant portion of the population
to purchase cannabis (Colorado, California, Arizona and Washington). We believe the vast majority of the revenue we generate in
2015 and 2016 will come from businesses in these states. The 2016 election cycle has the potential to drastically expand the regulated
cannabis market &#8211; at least 7 states are expected to have some form of cannabis legalization on the ballot that could cause
the cannabis industry to grow to $10.2 billion if these initiatives become law, according to ArcView Market Research.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><BR>
MassRoots&#8217; business model is designed to scale as marijuana legalization continues to spread: every state that legalizes
the medicinal or adult-use of cannabis expands the number of licensed businesses in the industry, increasing our potential revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>On Competitive Advantage and Network Effects</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe network effects serve as the most
powerful form of competitive advantage for all consumer-facing social networks, including MassRoots. Once a person and their friends
join a social network, it is unlikely they switch their active usage to another social network in the same category. In 2011, Google+
launched to much fanfare as the, &#8220;Facebook Killer,&#8221; with the resources of Google at its disposal: billions of dollars
in launch and advertising costs, immediate integration with the largest search engine in the world, and the use of the Google brand.
However, it failed to gain traction because Facebook already dominated desktop-based social networking.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Similarly, Facebook launched Poke in 2013 to
take out Snapchat. Poke had much more functionality and worked better than Snapchat, it was immediately pushed to millions of Facebook
users and it had the backing of Facebook&#8217;s billions of dollars in assets at its disposal. However, even this failed to make
a dent in Snapchat&#8217;s market share and Poke was scrapped shortly after.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe MassRoots&#8217; userbase is at
the size at which it will be extremely difficult for any potential competitor to enter the social networking for cannabis consumers
space, a market that MassRoots created. When Apple banned all social cannabis applications from the App Store last fall, it was
MassRoots&#8217; userbase and network that successfully fought to have the policy overturned.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Product Development</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&nbsp;<IMG SRC="image_012.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000549|image_007.jpg" STYLE="height: 386px; width: 297px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I><STRIKE>Figure 2: </STRIKE>Examples of the
current user interface of our iOS application.<BR>
<BR>
</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, MassRoots
introduced a new user-interface aimed at expanding its appeal beyond the &#8220;stoner&#8221; demographic into a more mainstream
audience. We also introduced new Discover page interface, allowing users to more easily find the best content, connect with top
influencers and find trending topics and strains.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the coming months, MassRoots plans to
introduce premium business profiles, new user discovery features aimed at the &#8220;Cannabis Relationship&#8221; market, sponsored
posts, and a revised business portal to implement the feedback we received from businesses during beta testing. Additionally, we
are reviewing the implementation of a new web interface aimed at opening up MassRoots&#8217; content to search engines, which we
believe could draw hundreds of thousands of unique visitors per month, accelerating our user growth and adverting inventory.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Market Share</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217; primary objective during 2015
is rapidly expanding its market share of consumers and businesses in the cannabis industry. As of June 30, 2015, MassRoots had
400,000 users of an estimated 10 million Americans who consume cannabis on a regular basis and actively engage on social media,
which we have defined as our target market. We have approximately 1,000 of the estimated 15,000 cannabis-related businesses in
America actively posting on a weekly basis on our network, including approximately 46% of the dispensaries in Colorado.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>420 Rally</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 17 and 18, 2015, MassRoots was the
national sponsor of the 420 Rally in Civic Center Park in Denver, CO a free music and cultural festival that drew an estimated
125,000 cannabis enthusiasts according to the Denver Post. MassRoots was the official social media application of the event, had
the largest on-site presence, and our logo was included on all event collateral. CNN broadcast live from our tent on April 18.
In order to discourage smoking and driving, MassRoots partnered with Uber to provide a free ride up to $20 for first time riders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The 420 Rally primarily attracts local Denver
residents, as opposed to tourists. Denver-based dispensaries and cannabis brands are primarily interested in advertising to locals,
as they have the potential to become recurring customers. MassRoots' sponsorship of the 420 Rally significantly increased app usage
and awareness of our brand in the Denver metro area among both cannabis consumers and dispensaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Investment in Flowhub</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><IMG SRC="image_013.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000549|image_004.jpg" STYLE="height: 516px; width: 508px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I><STRIKE>Figure 3: </STRIKE>Our proposed partnership
plan with Flowhub (as defined below). </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, MassRoots
invested $175,000 in exchange for preferred shares of Flowhub LLC (&#8220;Flowhub&#8221;), a seed-to-sale system, equal to 8.95%
of the outstanding equity of Flowhub. MassRoots and Flowhub are finalizing a partnership that will combine the data from cannabis
grow operations, point-of-sale systems and the MassRoots social network in one platform, data that we believe will allow cannabis
dispensaries and growers to streamline operations and monitor consumer trends, potentially increasing profits. MassRoots and Flowhub
are working to partially combine their systems, giving MassRoots' users access to live pricing, inventory, and an order ahead system
of dispensaries. At the same time, Flowhub will be streamlining dispensaries' operations and enabling them to target ads to specific
customers based on purchasing patterns and social activity. No assurance can be given that MassRoots and Flowhub will consummate
a partnership or, if such a partnership is in fact consummated, that the terms and conditions will be favorable to MassRoots.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Competition </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not believe we face any significant competition
in the social network for the cannabis community niche; however, over the coming months, we expect to actively compete with dispensary
locators and strain guides, such as WeedMaps and Leafly, for dispensaries' advertising budgets.</P>


<!-- Field: Page; Sequence: 67 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the coming months, MassRoots plans to
implement many of the utilities WeedMaps and Leafly offer as added-in features of our community. We believe that while you can
replicate a map and duplicate a strain database, you cannot replicate relationships and you cannot duplicate a community. As with
any social application, recurring engagement and network effects are MassRoots' primary competitive advantage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the coming months, MassRoots plans to
develop, partner with, or acquire the leading software solutions for consumers, businesses and developers in the cannabis industry.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Results of Operations</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>For the Three - Months Ended</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>June 30, 2015</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>June 30, 2014</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Unaudited)</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Unaudited)</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>$ Change</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>% Change</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 44%; padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Gross profit</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,126</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">744</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,382</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">185.8</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">General and administrative expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,493,131</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">301,877</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,191,254</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">394.6</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Loss from operations</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,491,005</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(301,133</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,189,872</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">395.1</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other Income (Expense)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(26,292</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(16,418</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(9,874</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">60.1</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Loss</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,517,297</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(317,551</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,199,746</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">377.8</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net loss per share - basic and diluted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(0.03</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>For the Six - Months Ended</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>June 30, 2015</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>June 30, 2014</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Unaudited)</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Unaudited)</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>$ Change</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>% Change</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 44%; padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Gross profit</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,066</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,049</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,017</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">192.3</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">General and administrative expenses</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,058,883</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">983,384</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,075,499</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">109.4</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Loss from operations</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(2,055,817</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(982,335</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,073,482</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">109.3</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other Income (Expense)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(11,991</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(17,681</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5,690</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">-32.2</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Loss</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(2,067,808</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,000,016</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,067,792</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">106.8</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 0.75pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net loss per share - basic and diluted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(0.05</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Revenues</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since inception on April 24, 2013, our business
operations have been primarily focused developing our mobile applications, websites and increasing our user base.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have generated only minimal revenues from
our operations thus far. We cannot guarantee we will be successful in our business operations. Our business is subject to risks
inherent in the establishment of a new business enterprise, including the financial risks associated with the limited capital resources
currently available to us for the implementation of our business strategies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended June 30, 2015 and
June 30, 2014, we generated revenues of $2,126 and $744, respectively, while revenues for the six months ended June 30, 2015 and
June 30, 2014 were $3,066 and $1,739, respectively. These revenues were primarily from merchandise purchased through Store.MassRoots.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Cost and Expenses</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended June 30, 2015 and
June 30, 2014, our operating expenses were $1,493,131 and $301,877 respectively. This $1,191,254 increase is attributed mainly
to an increase of $531,554 in equity issuances for services, an increase of $305,358 in payroll as the company brought on additional
developers to accelerate its product pipeline, a $158,404 increase in advertising which was primarily driven by the costs of sponsoring
the 420 Rally and attending conferences, In addition, we experienced an increase of $208,331 in travel, accounting and</P>


<!-- Field: Page; Sequence: 68 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">consulting and other general administrative
expenses primarily related to non-deal roadshows, investor conferences, and other expenses related to creating a market for our
common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the six months ended June 30, 2015 and
June 30, 2014, our operating expenses were $2,058,883 and $983,384 respectively. This $1,075,499 increase is attributed mainly
to $140,509 in equity issuances for services, an increase of $453,380 in payroll as the company brought on additional developers
to accelerate its product pipeline, a $182,189 increase in advertising which was primarily driven by the costs of sponsoring the
420 Rally and attending conferences. In addition, we experienced an increase of $278,303 in travel, accounting and consulting and
other general administrative expenses related to non-deal roadshows, investor conferences, and other expenses related to creating
a market for our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Several of the expenses made during the six
months ended June 30, 2015 were one-time expenses: a $30,000 deposit for our office, $25,000 in DTC Application and OTCQB certification
fees, roughly $75,000 in costs related to the 420 Rally, $35,000 in new office equipment and computers for our development team,
and a $175,000 investment in Flowhub. We determined these investments were necessary to expand MassRoots&#8217; functionality,
recruit the best technical talent, and capture the local Denver market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Other Income (Expense)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended June 30, 2015 and
June 30, 2014, the Company realized no gain or loss related to the fair value mark to market adjustments of its derivative liabilities.
For the six months ended June 30, 2015 and June 30, 2014 the company realized a gain related to the fair value of mark to market
adjustments of its derivative liabilities of $42,737 and $0, respectively. These derivative liabilities were determined as of December
31, 2014. For the six months ended June 30, 2015 and June 30, 2014 the company recorded amortization of discount on notes payable
of $50,347 and $17,681, respectively. Interest expense related to the derivatives was $2,091 and $0 for the three months ended
June 30, 2015 and June 30, 2014, respectively, while incurring interest expense related to derivatives for $4,381 and $0 for the
six months ended June 30, 2015 and June 30, 2014, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended June 30, 2015 and
June 30, 2014, we had net losses of $1,517,297 and $317,551, respectively. For the six months ended June 30, 2015 and June 30,
2014 - we had losses of $2,067,808 and $1,000,016, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity and Capital Resources</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the six months ended June 30, 2015 and
2014, our cash flows were:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Six months ended</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>June 30,</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2015</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>2014</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(Unaudited)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 5.4pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 65%; padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net cash provided by operating activities</FONT></TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,352,043</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(416,098</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net cash used in investing activities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(213,158</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(6,512</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 5.4pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net cash provided by financing activities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,594,636</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">475,000</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash used in operations during the six
months ended June 30, 2015 and June 30, 2014 was $1,352,043 and $416,098, respectively.&nbsp;For the six months ended June 30,
2015,&nbsp;net cash used of $1,352,043 was attributed to loss for the six month period, which was offset by increases from equity
issuances for services as well as an increase in derivative liabilities and also increase in accounts payable. For the six months
ended June 30, 2014, net cash used of $416,098 was attributed mainly to the loss for the period, offset by equity issuances for
services rendered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash used in investing activities was $213,158
and $6,512 for the six months ended June 30, 2015 and June 30, 2014, respectively. The increase was primarily related to our $175,000
investment in Flowhub, a seed-to-sale system.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net cash provided by financing activities&nbsp;for
the six months ended June 30, 2015 and June 30, 2014 was $1,594,636 and $475,000, respectively.&nbsp;These amounts were attributed
to equity issuances throughout the&nbsp;periods.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Capital Resources</I></P>


<!-- Field: Page; Sequence: 69 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our current cash on hand as of June 30, 2015
was $171,363, which will be used to meet our operational expenditures for one month. Subsequent to the close of the quarter, we
closed our private offering and received $75,000 that was booked as subscription receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently have no external sources of liquidity
such as arrangements with credit institutions or off-balance sheet arrangements that will have or are reasonably likely to have
a current or future effect on our financial condition or immediate access to capital.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are dependent on the sale of our securities
to fund our operations, and will remain so until we generate sufficient revenues to pay for our operating costs. Our officers and
directors have made no written commitments with respect to providing a source of liquidity in the form of cash advances, loans
and/or financial guarantees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Fundraising </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, MassRoots
conducted two private placements of its common stock. Beginning on April 1, 2015, MassRoots completed a private placement of 960,933
shares of unregistered common stock gross proceeds of $576,200 to certain accredited investors. This round was closed on April
17, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Beginning on June 10, 2015, MassRoots sold
606,669 shares of unregistered common stock for gross proceeds of $455,000, of which $380,000 was received by June 30, 2015. Subsequent
to the close of the quarter, MassRoots sold an additional 834,004 shares of unregistered common stock for $610,502. This round
was closed on July 13, 2015. As of July 21, 2015, all $1,065,502 had been received.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the course of the second quarter, 750,000
of warrants previously issued as part of our offering in March 2014 were exercised at an exercise price of $0.40 for proceeds of
$300,000, of which $295,000 was received during the second quarter of 2015 and the remaining $5,000 was received during the third
quarter. We also received $936 for the exercise of 936,341 of our par warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Required Capital Over the Next Fiscal Year</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe MassRoots will need to raise an
additional $1.5 million over the next fiscal year to sustain operations; however, we expect to be able to raise the majority of
these funds through warrant exercises. As of June 30, 2015, there were 4,000,000 warrants exercisable at $0.40 per share that if
exercised, will generate approximately $1.6 million of capital for the Company; there are also 866,000 warrants exercisable at
$1.00 per share that if exercised, will generate $866,000 of capital the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are unable to raise the funds we will
seek alternative financing through means such as borrowings from institutions or private individuals. There can be no assurance
that we will be able to raise the capital we need for our operations from the sale of our securities. We have not located any sources
for these funds and may not be able to do so in the future. We expect that we will seek additional financing in the future. However,
we may not be able to obtain additional capital or generate sufficient revenues to fund our operations. If we are unsuccessful
at raising sufficient funds, for whatever reason, to fund our operations, we may be forced to cease operations. If we fail to raise
funds we expect that we will be required to seek protection from creditors under applicable bankruptcy laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our independent registered public accounting
firm has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on our ability
to implement our business plan, raise capital and generate revenues. See Note 10 of our unaudited financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Off-Balance Sheet Arrangements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not have any off-balance sheet arrangements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 70 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">DECEMBER 31, 2014<BR>
FINANCIAL STATEMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 0.75pt; border-top: Black 0.75pt solid; border-bottom: Black 0.75pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5.5in; text-indent: 0.5in">PAGE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM&#9;69</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">BALANCE SHEETS&#9;70</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">STATEMENTS OF OPERATIONS&#9;71</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">STATEMENTS OF STOCKHOLDERS&#8217; EQUITY&#9;72</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">STATEMENTS OF CASH FLOWS&#9;74</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">NOTES TO THE FINANCIAL STATEMENTS&#9; &#9;&#9;75</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 0.75pt; border-top: Black 0.75pt solid; border-bottom: Black 0.75pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 71 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_014.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000192|image_004.jpg" STYLE="height: 131px; width: 626px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Board of Directors and Shareholders of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Massroots, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have audited the accompanying balance sheets
of Massroots, Inc. (the &#8220;Company&#8221;) as of December 31, 2014 and 2013, and the related statements of operations, stockholders&#8217;
equity (deficit) and cash flows for the year ended December 31, 2014 and for the period from inception (April 24, 2013) through
December 31, 2013. These financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to
express an opinion on these financial statements based on our audits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We conducted our audits in accordance with
the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company
is not required to have, nor were we engaged to perform, an audit of their internal control over financial reporting. Our audits
included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal control
over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the consolidated financial statements, assessing the accounting principles used and significant
estimates made by the management, as well as evaluating the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In our opinion, the financial statements referred
to above present fairly, in all material respects, the financial position of the Company as of December 31, 2014 and 2013, and
the results of its operations, changes in stockholders&#8217; equity (Deficit) and cash flows for the period for the year ended
December 31, 2014 and for the period from inception (April 24, 2013) through December 31, 2013 in conformity with accounting principles
generally accepted in the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying financial statements have
been prepared assuming that the Company will continue as a going concern. As discussed in Note 9 to the financial statements, the
Company has a net loss, a stockholders&#8217; deficit and negative cash flows from operations, which raises substantial doubt about
its ability to continue as a going concern. Management&#8217;s plans regarding those matters also are described in Note 9. The
financial statements do not include any adjustments that might result from the outcome of this uncertainty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">/s/&nbsp;Bongiovanni &amp; Associates, PA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Bongiovanni &amp; Associates,
PA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">N.K.A. L&amp;L CPAs, PA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Certified Public Accountants</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Plantation, Florida</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The United States of America</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">March 31, 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><IMG SRC="image_015.jpg" ALT="http:||www.sec.gov|Archives|edgar|data|1589149|000072174815000192|image_005.jpg" STYLE="height: 48px; width: 617px">&nbsp;</P>


<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">MASSROOTS, INC.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BALANCE SHEETS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">AS OF DECEMBER 31, 2014 AND DECEMBER 31, 2013</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 71%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>December
        31,<BR>
        2014</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>December
        31,<BR>
        2013</B></P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">ASSETS</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CURRENT ASSETS</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cash</FONT></TD>
    <TD STYLE="padding-right: 3.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;141,928</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;80,479</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other receivables</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">11,201</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Prepaid expense</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">130,797</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">800</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.45in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">TOTAL CURRENT ASSETS</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">283,<STRIKE>92</STRIKE><U>926</U></P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">81,279</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-decoration: underline; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>FIXED ASSETS</U></B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Computer and office equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">16,189</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,522</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accumulated depreciation</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(2,027)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(228)</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.45in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>NET FIXED ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>14,162</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>1,294</B></P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>OTHER LONG-TERM ASSETS</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,550</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.3in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Prepaid Expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">65,891</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">0</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Total Other Long-Term Assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>68,841</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>0</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>$&#9;366,528</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>82,573</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>LIABILITIES AND STOCKHOLDERS' EQUITY</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accounts Payable</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">25,842</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accrued expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">23,917</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accrued payroll tax</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,778</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,846</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Derivative liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,099,707</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">0</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">TOTAL CURRENT LIABILITIES</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,151,244</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,846</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>LONG-TERM LIABILITY</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Convertible debentures, net of $107,016 discount</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">162,084</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">0</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.3in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>TOTAL LIABILITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,313,328</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,846</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-decoration: underline; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>STOCKHOLDERS' EQUITY</U></B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Preferred series A Stock, $1 par value, 21 shares authorized; 0 shares issued and outstanding</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Common stock, $0.001 par value, 200,000,000 shares authorized; 38,909,000 and 0 shares issued and outstanding</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">38,909</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Common stock to be issued</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,048</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">13,890</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Additional paid in capital</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,372,867</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">985,960</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Retained Deficit</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(3,359,623)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(919,123)</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>TOTAL STOCKHOLDERS' EQUITY (DEFICIT)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid"><B>(946,799)</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>80,727</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>$&#9;366,528</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>$&#9;82,573</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">The accompanying notes are an integral part of these financial statements.</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>MASSROOTS, INC.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STATEMENTS OF OPERATIONS</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="width: 24%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FOR THE YEAR ENDED</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>DECEMBER 31, 2014</B></P></TD>
    <TD STYLE="width: 28%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>FOR THE PERIOD FROM INCEPTION (APRIL 24, 2013) THROUGH DECEMBER 31, 2013</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">ADVERTISING REVENUE</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">$<STRIKE>&#9;</STRIKE>9,030</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;470</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">COST OF GOODS SOLD</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(690)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">0</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>GROSS PROFIT</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>8,340</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>470</B></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>GENERAL AND ADMINISTRATIVE EXPENSES:</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Depreciation</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,799</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">228</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Independent contractor expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">182,198</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">33,863</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Legal expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">179,504</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">4,675</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Payroll and related expense</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">262,653</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">28,503</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Preferred stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">24,998</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">30,658</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">195,412</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Options issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">59,473</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">612,387</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Warrants issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">555,598</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other general and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">343,680</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">19,527</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total General and Administrative Expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,615,563</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">919,593</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">(LOSS) FROM OPERATIONS</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(1,607,223)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(919,123)</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">OTHER INCOME (EXPENSE)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Change in derivative liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(753,240)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Interest income</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Interest expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(8,316)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Amortization of discount on convertible debentures</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(67,363)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total Other Income (Expense)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">828,919</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">0</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">INCOME (LOSS) BEFORE INCOME TAXES</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(2,436,142)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; color: red; border-bottom: Black 0.5pt solid">(919,123)</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PROVISION FOR INCOME TAXES</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">NET (LOSS) </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">$&#9;(2,436,142)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">$&#9;(919,123)</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic and fully diluted net income (loss) per common share:</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">$&#9;(0.17)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">N/A</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Weighted average common shares outstanding</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">14,375,222</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">N/A</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">The accompanying notes are an integral part of these financial statements.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>MASSROOTS, INC.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STATEMENT OF STOCKHOLDERS' DEFICIT</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FOR THE PERIOD FROM INCEPTION (APRIL 24,
        2013) THROUGH DECEMBER 31, 2014</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Total stockholders' equity (deficit)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preferred Stock</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Common Stock</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preferred Stock</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>to be Issued</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Common Stock to be Issued</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Additional Paid-in capital</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Retained Deficit</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Balances as of April 24, 2013</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>$&#9;&#8212;</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Preferred stock issued for cash</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">18</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">18</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">149,982</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">150,000</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Preferred stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">24,995</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">24,998</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Retroactive adjustment for subsequent conversion</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(21)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(21)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6,273,052</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6,273</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(6,252)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for repayment of short term borrowing and services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7,616,625</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7,617</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">204,848</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">212,465</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Option issued for services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">612,387</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>&#8212;</B></FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">612,387</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Less for the period ended December 31, 2013</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(919,123)</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(919,123)</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Balances as of December 31, 2013</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>&#8212;</B></P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">13,889,677</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">13,890</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">985,960</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">(919,123)</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">80,727</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accrued dividend on preferred stock</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(4,358)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(4,358)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Conversion of dividend into common stock</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">156,293</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">156</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4,202</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4,358</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Exercise of options</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">21,954,030</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">21,954</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(21,882)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">72</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Intrinsic value from beneficial conversion feature</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">87,189</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">87,189</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 13px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The accompanying notes are an integral part of these financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>MASSROOTS, INC.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>STATEMENT OF STOCKHOLDERS' DEFICIT (continued)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FOR THE PERIOD FROM INCEPTION (APRIL 24,
        2013) THROUGH DECEMBER 31, 2014</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Total stockholders' equity (deficit)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preferred</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Stock</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Common Stock</B></FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Preferred</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Stock to be</B></FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Issued</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Common Stock to be Issued</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Additional Paid-in capital</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Retained Deficit</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Shares</B></FONT></TD>
    <TD STYLE="padding-right: 1.45pt; padding-left: 1.45pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Amount</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for cash</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,059,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,059</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,048,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,048</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">467,515</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">470,622</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">850,000</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">850</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">84,150</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">85,000</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Issuance of Common Stock</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13,889,677</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13,890</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(13,889,677)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(13,890)</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">options issued for services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">201,818</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">201,818</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Issuance of warrants for services</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">555,598</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">555,598</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Imputed interest</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8,316</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8,316</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accumulated Deficit</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(2,436,142)</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(2,436,142)</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Balances as of December 31, 2014</FONT></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">&#8212;</P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">&#8212;</P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">38,909,000</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">38,909</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">&#8212;</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">&#8212;</P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">1,048,000</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">1,048</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">2,372,867</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">(3,359,623)</P></TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">(946,799)</P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 2.9pt; padding-left: 2.9pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="15" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The accompanying notes are an integral part of these financial statements.</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 3px">&nbsp;</TD>
    <TD STYLE="width: 1px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 13px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 76 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">MASSROOTS, INC.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">STATEMENT OF CASHFLOWS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FOR THE YEAR ENDED DECEMBER 31, 2014 AND FROM
        INCEPTION (APRIL 24, 2013)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">THROUGH DECEMBER 31, 2013</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in">&nbsp;</TD>
    <TD STYLE="width: 24%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>FOR THE YEAR ENDED DECEMBER 31, 2014</B></FONT></TD>
    <TD STYLE="width: 26%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FOR THE PERIOD FROM</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>INCEPTION (APRIL 24,</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>2013) THROUGH</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>DECEMBER 31, 2013</B></P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CASH FLOWS FROM OPERATING ACTIVITIES:</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net (loss)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&#9;(2,436,142)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&#9;(919,123)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Adjustments to reconcile net (loss ) to net cash (used in )</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">operating activities:</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Depreciation</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,799</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">228</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Preferred stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">24,998</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.15in; text-indent: -0.15in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30,658</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">195,412</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Options issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">59,473</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">612,387</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Warrants issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">555,598</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Amortization of discount</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">67,363</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Imputed Interest expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8,316</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Change in Derivative Liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">753,240</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Changes in operating assets and liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(11,201)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Prepaid expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(800)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Deposit</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(2,550)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accounts payable and other liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">50,557</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accrued payroll tax</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(68)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,846</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Cash (Used in) Operating Activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(922,956)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(85,052)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CASH FLOWS FROM INVESTING ACTIVITIES:</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Payments for equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(14,667)</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(1,522)</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Cash (Used in) Investing Activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(14,667)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(1,522)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>CASH FLOWS FROM FINANCING ACTIVITIES</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Issuance of preferred stock for cash</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">150,000</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Issuance of convertible Debentures for cash</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">269,100</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Issuance of common stock for cash</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">729,900</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Proceeds from exercise of options</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">72</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Proceeds from short term borrowing - related party</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">&#8212;</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">17,053</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Net Cash Provided by Financing Activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">999,072</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">167,053</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>NET INCREASE IN CASH</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">61,449</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">80,479</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CASH AT BEGINNING OF PERIOD</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">80,479</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CASH AT END OF YEAR</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">NON-CASH FINANCING ACTIVITIES</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">$&#9;141,928</P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double">$&#9;80,479</P></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Repayment of short term borrowing - related party through issuance of preferred stock</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17,053</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">54,342</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Options issued for services</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">142,345</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Preferred Stock dividend</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4,538</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Imputed Interest- apic</FONT><BR>
<BR>
</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">(8,316)</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">&#8212;</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The report on the financial statements and accompanying notes are an integral part of these financial statements.</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notes to Financial Statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">December 31, 2014 and 2013</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 1 <U>SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots, Inc. (the &#8220;Company&#8221;)
is a social network for the cannabis community. Through its mobile applications, systems and websites, MassRoots enables people
to share their cannabis-related content and for businesses to connect with those consumers. The Company was incorporated in the
State of Delaware on April 24, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s primary focus during fiscal
year 2014 was increasing our userbase from under 20,000 users to over 200,000 and developing additional features to expand the
reach and utility of its network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has not focused on generating revenue
to date. However, the primary source of revenue generated to date is advertising from businesses, brands and non-profits. Its secondary
source of income is merchandise sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Basis of Presentation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The financial statements include the accounts
of MassRoots, Inc. under the accrual basis of accounting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Management&#8217;s Use of Estimates</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The financial
statements above reflect all of the costs of doing business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Deferred Taxes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for income taxes under
Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based
upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax
rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation
allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets
and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in the statements of operations in the period that includes the enactment date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Cash and Cash Equivalents</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the Statement of Cash Flows,
the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Revenue Recognition</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company applies paragraph 605-10-S99-1
of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when services are realized
or realizable and earned less estimated future doubtful accounts. The Company considers revenue realized or realizable and earned
when all of the following criteria are met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">(i)</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">persuasive evidence of an arrangement exists,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">(ii)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">the services have been rendered and all required milestones achieved,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">(iii)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">the sales price is fixed or determinable, and</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">(iv)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Collectability is reasonably assured.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots primarily generates revenue by charging
businesses to advertise on the network. MassRoots has the ability to target advertisements directly to a clients&#8217; target
audience, based on their location, on their mobile devices. All advertising services take between a few hours to up to one month
to complete, unless otherwise noted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217; secondary source of income
is merchandise sales. The objective with the sales is not to generate large profit margins, but to help offset the cost of marketing.
Each t-shirt, sticker and jar MassRoots sells will likely lead to more downloads and active users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 78 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Cost of Sales&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s policy is to recognize
cost of sales in the same manner in conjunction with revenue recognition, when the costs are incurred. Cost of sales includes the
costs directly attributable to revenue recognition. Selling, general and administrative expenses are charged to expense as incurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Comprehensive Income (Loss)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports comprehensive income and
its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards
for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive
income (loss) applicable to the Company during the periods covered in the financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Loss Per Share</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net loss per common share is computed pursuant
to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by
the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by
dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during
each period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Risk and Uncertainties </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is subject to risks common to companies
in the service industry, including, but not limited to, litigation, development of new technological innovations and dependence
on key personnel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Convertible Debentures</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the conversion features of conventional
convertible debt provides for a rate of conversion that is below market value at issuance, this feature is characterized as a beneficial
conversion feature (&#8220;BCF&#8221;). A BCF is recorded by the Company as a debt discount pursuant to ASC Topic 470-20 &#8220;Debt
with Conversion and Other Options.&#8221; In those circumstances, the convertible debt is recorded net of the discount related
to the BCF, and the Company amortizes the discount to interest expense, over the life of the debt using the effective interest
method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Stock-Based Compensation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for stock-based compensation
using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for
disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received
in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That
cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the
requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees
do not render the requisite service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Fair Value for Financial Assets and Financial
Liabilities</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows paragraph 825-10-50-10
of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37
of the FASB Accounting Standards Codification (&#8220;Paragraph 820-10-35-37&#8221;) to measure the fair value of its financial
instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted
in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and
comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which
prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives
the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority
to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; text-align: justify">Level 1</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 87%; padding-left: 5.4pt; text-align: justify">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">Level 2</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 5.4pt; text-align: justify">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">Level 3</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-left: 5.4pt; text-align: justify">Pricing inputs that are generally observable inputs and not corroborated by market data.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying amounts of the Company&#8217;s
financial assets and liabilities, such as cash, other receivables, accounts payable, prepaid expense and other assets and liabilities
approximate their fair values because of the short maturity of these instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 79 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company does not have any assets or liabilities
measured at fair value on a recurring or a non-recurring basis, consequently, the Company did not have any fair value adjustments
for assets and liabilities measured at fair value on December 31, 2014, nor gains or losses are reported in the statements of operations
that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting
date for the year ended December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Embedded Conversion Features</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company evaluates embedded conversion features
within convertible debt under ASC 815 &#8220;Derivatives and Hedging&#8221; to determine whether the embedded conversion feature(s)
should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value recorded
in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated under ASC
470-20 &#8220;Debt with Conversion and Other Options&#8221; for consideration of any beneficial conversion feature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Derivative Financial Instruments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company does not use derivative instruments
to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of it financial instruments, including
stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives.
For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at
its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For option-based simple derivative financial
instruments, the Company uses the Black-Scholes option-pricing model to value the derivative instruments at inception and subsequent
valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities
or as equity, is re-assessed at the end of each reporting period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Beneficial Conversion Feature</U>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For conventional convertible debt where the
rate of conversion is below market value, the Company records a &quot;beneficial conversion feature&quot; (&quot;BCF&quot;) and
related debt discount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">When the Company records a BCF, the relative
fair value of the BCF is recorded as a debt discount against the face amount of the respective debt instrument (offset to additional
paid in capital) and amortized to interest expense over the life of the debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Recent Accounting Pronouncements </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2014, the FASB issued ASU 2014-10,
Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction
of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information
on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively
for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early
adoption is permitted for financial statements not yet issued. The Company adopted ASU 2014-10 during the fourth quarter of 2014,
thereby no longer presenting or disclosing any information required by Topic 915. The Company has reviewed all recently issued,
but not yet effective, accounting pronouncements up to ASU 2014-05, and does not believe the future adoption of any such pronouncements
may be expected to cause a material impact on its financial condition or the results of its operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 2 <U>FIXED ASSETS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fixed assets were comprised of the following
as of December 31, 2014 and December 31, 2013, respectively. Depreciation is calculated using the straight-line method over a 5
year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>December 31, 2014</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>December 31, 2013</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><B>Cost:</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 64%; text-align: justify">Computers</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: justify">12,134</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: justify">1,522</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Office equipment</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">4,055</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">0</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">Total</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">16,189</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">1,522</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Less: Accumulated depreciation</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">2,027</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">228</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Property and equipment, net</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">14,162</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">1,294</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 80 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 3&nbsp;&#8211;&nbsp; <U>PREPAID EXPENSE</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued a total
of 850,000 shares of its common stock and 2,050,000 options in exchange for consulting services, valued at $286,818. The $286,818
is being charged to operations over the three-year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Consulting fees charged to operations during
the year ended December 31, 2014 relating to this transaction amounted to $90,131. The unamortized balance at December 31, 2014
was $196,687. Amortization expense over the remaining terms of the respective consulting agreement is as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-decoration: underline; text-align: justify"><B><U>December 31,</U></B></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 43%; text-align: justify">2014</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">$</TD>
    <TD STYLE="vertical-align: bottom; width: 43%; text-align: justify">90,131</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">2015</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">130,797</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt; text-align: justify">2016</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; text-align: justify">65,891</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: justify">286,818</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 4 <U>DERIVATIVE LIABILITIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company identified conversion features
embedded within convertible debt and warrants issued in 2014, and the Company also identified derivative liabilities embedded within
warrants detachable with subscription agreement. The Company has determined that the features associated with the embedded conversion
option, in the form a ratchet provision, should be accounted for at fair value, as a derivative liability, as the Company cannot
determine if a sufficient number of shares would be available to settle all potential future conversion transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result of the application of ASC No. 815,
the fair value of the warrant related to convertible debt and subscription agreement is summarized as follow:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Warrants with convertible Debt</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Warrants with subscription agreement</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Total</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 0.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 33%; padding-left: 0.75pt; text-align: justify">&nbsp;Fair value at the commitment date</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: justify">87,189</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">259,278</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: justify">346,467</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.75pt; text-align: justify">&nbsp;Fair value mark to market adjustment</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">429,948</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">323,293</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">753,241</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 2.5pt; padding-left: 0.75pt; text-align: justify">Balances as of December 31, 2014</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">517,137</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">582,571</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">1,099,708</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The fair value at the commitment and re-measurement
dates for the Company&#8217;s derivative liabilities were based upon the following management assumptions as of December 31, 2014:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Commitment Date</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Remeasurement Date</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 34%; text-align: justify">&nbsp;Expected dividends</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 30%; text-align: justify">0%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 30%; text-align: justify">0%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;Expected volatility</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">150%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">150%</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;Expected term</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;3 years&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;2.23 &#8211; 2.96 years&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;Risk free interest rate</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;0.75% - 1.1%&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">1.1%</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 5 <U>DEBT DISCOUNT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recorded the $174,378 debt discount
due to beneficial conversion feature of $87,189 for the detachable warrants issued with convertible debt, and $87,189 in derivative
liabilities related to the ratchet feature warrants.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The debt discount recorded in 2014 pertains
to convertible debt and warrants issued that contain ratchet features that are required to bifurcated and reported at fair value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Debt discount is summarized as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 71%; text-align: justify">&nbsp;Debt discount</TD>
    <TD STYLE="width: 10%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 17%; text-align: justify">174,378</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;Accumulated amortization - 2014</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(67,363</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;Debt discount - net - December 31, 2014</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">107,016</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 6 &#8211; <U>CONVERTIBLE DEBENTURES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued several
convertible debentures to certain accredited investors. The total amount of the debentures is $269,100 and matures on March 24,
2016 with zero percent interest rate. The debentures are convertible into shares of the Company&#8217;s common stock at $0.1 per
share. In addition, the Company granted to the same investors three&#8722;year warrants to purchase an aggregate of 1,345,500 shares
of the Company&#8217;s common stock at $0.4 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The debentures were discounted in the amount
of $174,389 due to the intrinsic value of the beneficial conversion option and relative derivative liabilities of the warrants.
As of December 31, 2014, the aggregate carrying value of the debentures was $162,084 net of debt discounts of $107,016. The Company
recorded amortization of debt discount in amount of $162,084 during the year ended December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 7 <U>CAPITAL STOCK</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 18, 2014, the Company entered into
a Plan of Reorganization with its shareholders in which the following was effected: (i) on March 21, 2014, the Company&#8217;s
Certificate of Incorporation was amended to allow for the issuance of 200,000,000 shares of the Company&#8217;s common stock; (ii)
on March 24, 2014, each of the Company&#8217;s preferred shareholders converted their shares into common stock on a one for one
basis, and (iii) on March 24, 2014, each of the Company&#8217;s shareholders surrendered their shares of the Company&#8217;s common
stock in exchange for the pro-rata distribution of 36,000,000 newly issued shares of Company&#8217;s common stock, based on the
percentage of the total shares of common stock held by the shareholder immediately prior to the exchange (the &#8220;Exchange&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is currently authorized to issue
21 Series A preferred shares at $1.00 par value per share with 1:1 conversion and voting rights. As of December 31, 2014 and 2013,
there were zero shares of Series A preferred share issued and outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is currently authorized to issue
200,000,000 common shares at $0.001 par value per share. As of December 31, 2014, there were 38,909,000 shares of common stock
issued and outstanding and 1,048,000 shares of common stock to be issued, all of which were subsequently issued on January 4, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2014, the directors and officers
exercised all of then outstanding 72.06 stock options and acquired 72.06 shares of common stock at $1 per share. These 72.06 shares
of common stock were exchanged for 21,954,160 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 18, 2014, immediately prior to the
exchange, the Company converted $4,358 accrued dividend from Series A preferred shares into 0.513 share of common stock, which
was exchanged for 156,293 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued 2,059,000
shares of common stock in exchange for $205,900 cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock to Vincent &#8220;Tripp&#8221; Keber valued at $0.10 per share in exchange for his services on the Company&#8217;s
Board of Directors for three years. These shares have a fair market value of $25,000, of which $4,795 was amortized during the
year ended December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock to Ean Seeb valued at $0.10 per share in exchange for his services on the Company&#8217;s Board of Directors
for three years. These shares have a fair market value of $25,000, of which $4,795 was amortized during the year ended December
31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock to Sebastian Stant valued at $0.10 per share in exchange for his services as the Company&#8217;s Lead Web
Developer for one year. These shares have a fair market value of $25,000, of which $14,384 was amortized during the year ended
December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 1, 2014, the Company issued 100,000
shares of common stock to Jesus Quintero valued at $0.10 per share in exchange for his services as the Company&#8217;s Chief Financial
Officer for one year. These shares have a fair market value of $10,000, of which $6,685 was amortized during the year to date period
ended December 31, 2014.</P>


<!-- Field: Page; Sequence: 82 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From September 15 to December 31, 2014, we
completed an offering of $524,000 of our securities to certain accredited and non-accredited investors consisting of 1,048,000
shares of our common stock at $0.50 per share. As of December 31, 2014, the full $524,000 had been received. These shares have
not been issued as of December 31, 2014 and was recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 8 &#8211; <U>STOCK WARRANTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued warrants
to a third party for the purchase of 4,050,000 and 2,375,000 shares of common stock, at an exercise price of $0.001 and $0.4 per
share, respectively. The warrants may be exercised any time after issuance through and including the third (3rd) anniversary of
its original issuance. The Company recorded an expense of $555,598 equal to the estimated fair value of the warrants at the date
of grants. The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 0.75% risk-free
interest, 0% dividend yield, 150% volatility, and expected life of 3 years</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, in connection to the issuance
of convertible debentures of $269,100 to certain investors, which are convertible into shares of the Company&#8217;s common stock
at $0.1 per share, the Company granted to the same investors three&#8722;year warrants to purchase an aggregate of 1,345,500 shares
of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time after the issuance through and including
the third (3rd) anniversary of its original issuance. See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, in connection to the issuance
of 2,059,000 shares of common stock, the Company granted to the same investors three&#8722;year warrants to purchase an aggregate
of 1,029,500 shares of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time after the issuance
through and including the third (3rd) anniversary of its original issuance. The warrants have a fair market value of $66,712. The
fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 0.75% risk-free interest,
0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued warrants
to purchase 750,000 shares at $0.10 per share to Vincent &#8220;Tripp&#8221; Keber for his services on the Company&#8217;s Board
of Directors for 3 years. Under the terms of the agreement, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833
shares shall vest on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000
shares shall begin vesting the later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall vest
on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest
immediately upon the later of: October 1, 2016 or the Company reaching 1,080,000 users. These warrants were issued in exchange
for his services on the Company&#8217;s Board of Directors for 3 years. The warrants may be exercised any time after the issuance
through and including the tenth (10th) anniversary of its original issuance. The warrants have a fair market value of $73,836.
The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest,
0% dividend yield, 150% volatility, and expected life of 10 years. During year ended December 31, 2014, $14,160 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued warrants
to purchase 750,000 shares at $0.10 per share to Ean Seeb for his services on the Company&#8217;s Board of Directors for 3 years.
Under the terms of the agreement, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833 shares shall vest on the
first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall begin vesting
the later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall vest on the first of every month
except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest immediately upon the later
of: October 1, 2016 or the Company reaching 1,080,000 users. These warrants were issued in exchange for his services on the Company&#8217;s
Board of Directors for 3 years. The warrants may be exercised any time after the issuance through and including the tenth (10th)
anniversary of its original issuance. The warrants have a fair market value of $73,836. The fair market value was calculated using
the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and
expected life of 10 years. During year period ended December 31, 2014, $14,160 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued warrants
to purchase 550,000 shares at $0.10 per share to Sebastian Stant for his services as the Company&#8217;s Lead Web Developer for
1 year. Under the terms of the agreement, 250,000 shares shall vest immediately upon the company reaching 250,000 users. An additional
150,000 shares shall vest immediately upon the company reaching 500,000 users. An additional 150,000 shares shall vest immediately
upon the company reaching 750,000 users. The warrants were issued in exchange for his services as the Company&#8217;s Lead Web
Developer for 1 year. The warrants may be exercised any time after the issuance through and including the tenth (10th) anniversary
of its original issuance. The warrants have a fair market value of $54,146. The fair market value was calculated using the Black-Scholes
options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and expected life of
10 years. During year period ended December 31, 2014, $31,153 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 83 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the four months ended December 31, 2014,
in connection to the sale of 1,048,000 shares of common stock, the Company granted to the same investors three&#8722;year warrants
to purchase an aggregate of 524,000 shares of the Company&#8217;s common stock at $1.00 per share. The warrants may be exercised
any time after the issuance through and including the third (3rd) anniversary of its original issuance. The warrants have a fair
market value of <B>$</B>42,650. The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately
1% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stock warrants outstanding and exercisable
on December 31, 2014 are as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Exercise Price per Share</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Shares Under Warrants</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Remaining Life in Years</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Outstanding</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 31%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">$</TD>
    <TD STYLE="width: 20%; text-align: justify">0.001</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">4,050,000</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.10</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">2,050,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.4</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">4,750,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">1</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">524,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Exercisable</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.001</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">4,050,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.10</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">125,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.4</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">4,750,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">1</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">524,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No other stock warrants have been issued or
exercised during the twelve months ended December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 9 <U>GOING CONCERN AND UNCERTAINTY</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has suffered losses from operations
since inception. In addition, the Company has yet to generate an internal cash flow from its business operations. These factors
raise substantial doubt as to the ability of the Company to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management&#8217;s plans with regard to these
matters encompass the following actions: 1) obtain funding from new investors to alleviate the Company&#8217;s working deficiency,
and 2) implement a plan to generate sales. The Company&#8217;s continued existence is dependent upon its ability to translate its
vast user base into sales. However, the outcome of management&#8217;s plans cannot be ascertained with any degree of certainty.
The accompanying financial statements do not include any adjustments that might result from the outcome of these risks and uncertainties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 10 <U>SIGNIFICANT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On July 24, 2014, MassRoots entered into a
lease for a new company headquarters located at 2247 Federal Blvd, Denver.&nbsp;This location is co-leased by the Company, along
with CannaBuild, LLC, from 2247 Federal Boulevard, LLC pursuant to a written lease which expires on July 22, 2015 and contains
an option for a one year renewal at the same monthly rate. This location is shared with CannaBuild, LLC, which pays a portion of
the monthly rent. The lease is for a total of $3,450 per month, which, pursuant to an expense sharing agreement between the Company
and CannaBuild, LLC, the Company is responsible for paying $2,250 per month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company had previously rented virtual office
space from Opus Virtual Offices which provides conference rooms, mail forwarding and call answering for $99 per month ($1,188 on
an annual basis). The Opus Virtual Office lease has been cancelled by the Company and expired on September 14, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 1, 2014, MassRoots entered into
an employment contract with Sebastian Stant. For his services as Lead Developer, Mr. Stant shall be compensated five thousand dollars
($5,000) per month. Upon the successful execution of all of our outstanding forty-cent ($0.40) warrants, Mr. Stant's salary will
increase to seven thousand five hundred dollars ($7,500) per month. The employment contract is &#8220;at-will&#8221; and may be
terminated by either party with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance
or employee benefits program was awarded to Mr. Stant and he serves at the discretion of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 15, 2015, MassRoots entered into
a contract with Direct Media Advertising for a sponsorship of B-Real&#8217;s &#8220;Smokers Club Tour.&#8221; Under the terms of
the agreement, B-Real has promoted MassRoots on his social media accounts, featured MassRoots on B-Real's &quot;Smoke Box&quot;
and produced a promotional video for MassRoots. MassRoots compensated Direct Media Advertising a one-time fee of twenty thousand
dollars ($20,000). The tour lasted from October 1, 2014 to November 30, 2014.</P>


<!-- Field: Page; Sequence: 84 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 11 <U>SUBSEQUENT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2015, MassRoots amended its employment
contract with Tyler Knight. For his services as Chief Marketing Officer, Mr. Knight shall be five thousand dollars ($5,000) per
month. The employment contract is &#8220;at-will&#8221; and may be terminated by either party with or without cause with one (1)
month&#8217;s written notice. No retirement plan, health insurance or employee benefits program was awarded to Mr. Knight and he
serves at the direction of the Chief Executive Officer and Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 3, 2015, MassRoots entered into an
investment banking relationship with Chardan Capital Markets, LLC. Under the terms of the agreement, MassRoots shall pay Chardan
a non-refundable retainer of 200,000 common shares and pay a commission equal to: (a) an aggregate cash fee equal to four percent
(4%) of the gross proceeds received from the sale of the Stock; and (b) an aggregate restricted stock fee equal to eight percent
(8.0%) of the aggregate number of shares of Stock sold in the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 9, 2015, Sebastian Stant resigned
his position as Lead Developer of MassRoots and surrendered 350,000 options with a strike price of $0.10 back to the 2014 Employee
Incentive Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 9, 2015 MassRoots entered into an
employment contract with Alan Janis. For his services as Director of Technology, Mr. Janis shall be compensated one hundred thirty
thousand dollars ($130,000) per year. The employment contract is &#8220;at-will&#8221; and may be terminated by either party with
or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee benefits program was
awarded to Mr. Janis and he serves at the discretion of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2015, MassRoots amended its employment
contract with Isaac Dietrich. For his services as Chief Executive Officer, Mr. Dietrich shall be compensated seven thousand five
hundred dollars ($7,500) per month, effective April 1, 2015. The employment contract is &#8220;at-will&#8221; and may be terminated
by either party with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee
benefits program was awarded to Mr. Dietrich and he serves at the direction of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2015, MassRoots amended its employment
contract with Hyler Fortier. For her services as Chief Operating Officer, Ms. Fortier shall be compensated five thousand dollars
($5,000) per month, effective April 1, 2015. The employment contract is &#8220;at-will&#8221; and may be terminated by either party
with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee benefits program
was awarded to Ms. Fortier and she serves at the direction of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From January 1, 2015 to March 11, 2015, we
sold $448,000 of our securities to certain accredited and non-accredited investors consisting of 896,000 shares of our common stock
at $0.50 per share, with a warrant, exercisable into an amount of our common stock equal to fifty percent (50%) of the common stock
purchased, at $1.00 per share. On March 11, this offering was terminated per the Company&#8217;s Board of Trustees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 12, 2015, debentures with a face
value of $40,000 were converted into 400,000 shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 14, 2015, the Company issued 1,508,000
shares of common stock to investors who had purchased the shares at $0.50 per share from September 15, 2014 to January 9, 2015.</P>


<!-- Field: Page; Sequence: 85 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">March 31, 2015<BR>
FINANCIAL STATEMENTS<BR>
(Unaudited)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5.5in; text-indent: 0.5in">PAGE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Balance Sheets as of December 31, 2014 and March 31, 2015 (Unaudited)&#9;84</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Statements of Operations for the Quarters Ended March 31, 2015 and
2014 (Unaudited) &#9;85</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Statements of Cash Flows for the Quarters Ended March 31, 2015 and
2014 (Unaudited) &#9;86</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Notes to Financial Statements (Unaudited)&#9;87</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 86 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/10.5pt Times New Roman, Times, Serif; margin: 0.65pt 0 0; text-align: center"><FONT STYLE="letter-spacing: 0.35pt">MASSROOTS,
INC.</FONT></P>

<P STYLE="font: 10pt/10.5pt Times New Roman, Times, Serif; margin: 1.5pt 0 0; text-align: center"><FONT STYLE="letter-spacing: 0.35pt">BALANCE
SHEETS</FONT></P>

<P STYLE="font: 10pt/10.5pt Times New Roman, Times, Serif; margin: 1.5pt 0 1.15pt; text-align: center"><FONT STYLE="letter-spacing: 0.2pt">AS
OF MARCH 31, 2015 AND DECEMBER 31, 2014</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; width: 74%; padding-top: 25.5pt; padding-bottom: 0.25pt; padding-left: 2.1pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ASSETS</FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding-right: 11.1pt; padding-bottom: 1.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Mar 31, 2015</FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding-right: 0.5pt; padding-bottom: 1.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Dec 31, 2014</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 12.25pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(UNAUDITED)</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-bottom: 12.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(AUDITED)</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CURRENT ASSETS</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cash</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&#9;54,891</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$&#9;141,928</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other receivables</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">23,913</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11,201</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Prepaid expense</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">748,938</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">130,797</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 14.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">TOTAL CURRENT ASSETS</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">827,742</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">283,926</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">FIXED ASSETS</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Computer and office equipment</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26,085</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">16,189</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.7pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(3,124)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(2,027)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.7pt; padding-left: 14.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">NET FIXED ASSETS</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">22,961</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14,162</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">OTHER ASSETS</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Prepaid expense</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">65,891</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">65,891</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.65pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Deposits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">35,702</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,550</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.95pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Total Other Assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 1.2pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">101,593</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 1.2pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">68,441</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 2.85pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">TOTAL ASSETS</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 2.25pt; padding-right: 0.1in; padding-bottom: 1.15pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">952,296</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 2.25pt; padding-right: 1.95pt; padding-bottom: 1.15pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">366,529</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">LIABILITIES AND STOCKHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CURRENT LIABILITIES</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accounts Payable</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">46,144</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25,842</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.95pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accrued expenses</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">21,275</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.95pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">23,917</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Accrued payroll tax</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,778</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.4pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Derivative liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,226,383</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,099,707</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.65pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">TOTAL CURRENT LIABILITIES</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,293,802</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,151,244</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">LONGTERM LIABILITY</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 2.15pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Convertible debentures, net of $80,870 and $107,016 discount, respectively</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 1.2pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">148,230</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 1.2pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">162,084</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.4pt; padding-left: 14.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">TOTAL LIABILITIES</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.1in; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,442,032</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 1.95pt; padding-bottom: 0.7pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,313,328</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 1.05pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">STOCKHOLDERS' DEFICIT</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 0.7pt; padding-left: 0.1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock, $0.001 par value, 200,000,000 shares authorized&#894; 40,817,000 and 38,909,000 shares issued and outstanding, respectively</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 12.75pt; padding-right: 0.1in; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">40,817</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 12.75pt; padding-right: 1.95pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">38,909</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock to be issued</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">654</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,048</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.45pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Additional paid in capital</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,368,925</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,372,867</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 5.55pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock subscription receivable</FONT></TD>
    <TD STYLE="padding-right: 0.1in; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10,000</FONT></TD>
    <TD STYLE="padding-right: 1.95pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/10.8pt Times New Roman, Times, Serif; margin: 0 0 0.2pt">Deficit accumulated through the development stage&#9;(3,910,132)&#9;(3,359,623)</P>

<P STYLE="font: 10pt/11.15pt Times New Roman, Times, Serif; margin: 0 0 13.65pt 0.2in; background-color: #CCEDFF">TOTAL STOCKHOLDERS'
DEFICIT&#9;(489,736)&#9;(946,799)</P>

<P STYLE="font: 10pt/10.75pt Times New Roman, Times, Serif; margin: 0 0 13.65pt; background-color: #CCEDFF; border-bottom: black 2.25pt solid">TOTAL
LIABILITIES AND STOCKHOLDERS' DEFICIT&#9;$&#9;952,296 $&#9;366,529</P>

<P STYLE="font: 10pt/10.5pt Times New Roman, Times, Serif; margin: 0 0 0.7pt; background-color: #CCEDFF"><FONT STYLE="letter-spacing: -0.05pt">The
accompanying notes are an integral part of these financial statements.</FONT></P>

<P STYLE="font: 10pt/12.35pt Times New Roman, Times, Serif; margin: 0; color: #0000ED"><FONT STYLE="letter-spacing: -0.05pt"><I>&nbsp;</I></FONT></P>


<!-- Field: Page; Sequence: 87 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.9pt 0 0; text-align: center">MASSROOTS, INC.</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 1pt 0 5.75pt; text-align: center"><FONT STYLE="letter-spacing: 0.15pt">STATEMENTS
OF OPERATIONS</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-top: 7.05pt; padding-bottom: 13pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">FOR THE THREE </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">MONTHS ENDED </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">MARCH 31, </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">2015 (UNAUDITED)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 7.05pt; padding-bottom: 13pt; padding-left: 0.25in; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">FOR THE THREE </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">MONTHS ENDED </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">MARCH 31, </FONT><BR>
<FONT STYLE="font: 10pt Times New Roman, Times, Serif">2014 (UNAUDITED)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="width: 54%; padding-bottom: 0.25pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">REVENUE</FONT></TD>
    <TD STYLE="width: 5%; padding-bottom: 0.25pt; padding-left: 24.7pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 20%; padding-right: 27.55pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">941</FONT></TD>
    <TD STYLE="width: 4%; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 17%; padding-right: 5.05pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">995</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">COST OF GOODS SOLD</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">700</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">690</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">GROSS PROFIT</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">241</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">305</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="border-bottom: black 1pt solid; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">GENERAL AND ADMINISTRATIVE EXPENSES:</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.3pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Advertising</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.3pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">53,589</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; padding-bottom: 0.3pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30,504</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Depreciation</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,097</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">233</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Independent contractor expense</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">65,989</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">22,067</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Legal expenses</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">15,925</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">9,200</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Payroll and related expense</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">162,930</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">32,908</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">113,712</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 9.55pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Options issued for services</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">47,009</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 9.55pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Warrants issued for services</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,832</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">555,598</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other general and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100,968</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30,997</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.7pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Total General and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 27.55pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">565,051</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">681,507</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.7pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(LOSS) FROM OPERATIONS</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 1.1pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(564,810)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 1.1pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(681,202)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">OTHER INCOME (EXPENSE)</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Change in derivative liabilities</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">42,737</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Interest expense</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 23.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(2,290)</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 5.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Amortization of discount on notes payable</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 0.8pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(26,146)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 0.85pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(1,263)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.7pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Total Other Income</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 27.55pt; padding-bottom: 0.75pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14,301</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 0.9pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(1,263)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 1.7pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">INCOME (LOSS) BEFORE INCOME TAXES</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 23.05pt; padding-bottom: 1.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(550,509)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.05pt; padding-bottom: 1.05pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">(682,465)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">PROVISION FOR INCOME TAXES</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 27.55pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 2.9pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">NET (LOSS)</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.6pt; padding-bottom: 1.25pt; padding-left: 24.7pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-right: 23.05pt; padding-bottom: 1.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(550,509)</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.6pt; padding-bottom: 1.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-right: 5.05pt; padding-bottom: 1.45pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(682,465)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 2.9pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Basic and fully diluted net income (loss) per common share:</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.9pt; padding-bottom: 1.2pt; padding-left: 24.7pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.6pt; padding-right: 23.05pt; padding-bottom: 1.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(0.01)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 4.5pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.9pt; padding-right: 5.05pt; padding-bottom: 1.2pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 2.7pt; padding-left: 0.25pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Weighted average common shares outstanding</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 4.5pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.85pt; padding-right: 27.55pt; padding-bottom: 1.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">40,391,311</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 4.5pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-top: 1.85pt; padding-right: 5.05pt; padding-bottom: 1.25pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">N/A</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/1pt Times New Roman, Times, Serif; margin: 0 0 12.95pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">The accompanying
notes are an integral part of these financial statements.</FONT></P>


<!-- Field: Page; Sequence: 88 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD COLSPAN="3">
        <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.9pt 0 0; text-align: center">MASSROOTS, INC.</P>
        <P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 1pt 0 5.75pt; text-align: center"><FONT STYLE="letter-spacing: 0.15pt">STATEMENTS
        OF CASH FLOWS</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="width: 71%; padding-left: 0.35pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 15%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">FOR THE THREE MONTHS ENDED MARCH 31, 2015 (UNAUDITED)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">FOR THE THREE MONTHS ENDED &nbsp;</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif">MARCH 31, 2014 (UNAUDITED)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">CASH FLOWS FROM OPERATING ACTIVITIES:</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net (loss)</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;(550,509)</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;(682,465)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Adjustments to reconcile net (loss ) to net cash (used in )</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">operating activities:</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,097</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">233</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Preferred stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 13.35pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8212;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Common stock issued for services</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">113,712</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Options issued for services</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">47,009</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Warrant issued for services</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">3,832</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">555,598</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Amortization of discount</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">26,146</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,263</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Change in derivative liabilities</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(42,737)</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.3pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Inputed Interest expense</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">2,290</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes in operating assets and liabilities:</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other receivables</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(12,712)</FONT></TD>
    <TD STYLE="padding-right: 9pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#8212;</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Prepaid expense</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(14,283)</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(400)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Deposit</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(33,152)</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accounts payable and other liabilities</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">51,944</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">5,046</FONT></TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accrued payroll tax</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 8.85pt; padding-bottom: 0.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1,778)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4.5pt; padding-bottom: 0.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(1,846)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net Cash (Used in) Operating Activities</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(409,141)</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(122,571)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">CASH FLOWS FROM INVESTING ACTIVITIES:</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 1.45pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Payments for equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 8.85pt; padding-bottom: 0.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(9,896)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4.5pt; padding-bottom: 0.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(6,231)</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net Cash (Used in) Investing Activities</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(9,896)</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.05pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(6,231)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">CASH FLOWS FROM FINANCING ACTIVITIES</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.5pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Issuance of convertible debentures for cash</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">181,500</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Issuance of common stock for cash</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">332,000</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">193,700</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net Cash Provided by Financing Activities</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">332,000</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">375,200</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">NET INCREASE IN CASH</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">(87,037)</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">246,398</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">CASH AT BEGINNING OF PERIOD</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">141,928</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">80,479</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-bottom: 2.9pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">CASH AT END OF PERIOD</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-right: 8.85pt; padding-bottom: 1.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;54,891</FONT></TD>
    <TD STYLE="border-bottom: black 4.5pt double; padding-right: 4.5pt; padding-bottom: 1.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;326,877</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEDFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.05pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">NON-CASH FINANCING ACTIVITIES</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; letter-spacing: -0.1pt">Repayment of short term borrowing - related party through issuance of preferred stock</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;555,598</FONT></TD></TR>
<TR STYLE="background-color: #CCEDFF">
    <TD STYLE="padding-bottom: 0.25pt; padding-left: 0.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Warrants/Common stock/Option issued for services</FONT></TD>
    <TD STYLE="padding-right: 8.85pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$&#9;603,858</FONT></TD>
    <TD STYLE="padding-right: 4.5pt; padding-bottom: 0.25pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt/1pt Times New Roman, Times, Serif; margin: 0 0 11.6pt">&nbsp;</P>

<P STYLE="font: 10pt/12.6pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">The accompanying notes
are an integral part of these financial statements.</FONT></P>


<!-- Field: Page; Sequence: 89 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">MassRoots, Inc.
</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">Notes to Financial
Statements (Unaudited)</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">March 31, 2015
</FONT></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 1&#9;<U>SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">MassRoots, Inc. (the &#8220;Company&#8221;)
is a social network for the cannabis community. Through its mobile applications, systems and websites, MassRoots enables people
to share their cannabis-related content and for businesses to connect with those consumers. The Company was incorporated in the
State of Delaware on April 24, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company&#8217;s primary focus during
the first quarter of 2015 was increasing our userbase from around 200,000 to 275,000 users, returning to the iOS App Store and
developing additional features to expand the reach and utility of its network.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company has not focused on generating
revenue to date. However, the primary source of revenue generated to date is advertising from businesses, brands and non-profits.
Its secondary source of income is merchandise sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><U>Basis of Presentation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The unaudited financial statements
include the accounts of MassRoots, Inc. under the accrual basis of accounting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Management&#8217;s Use of Estimates</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The preparation of unaudited financial
statements in conformity with accounting principles generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The
unaudited financial statements above reflect all of the costs of doing business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11pt 0 0 1in; text-align: justify"><U>Deferred Taxes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company accounts for income taxes
under Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined
based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted
tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation
allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets
and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in the statements of operations in the period that includes the enactment date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Cash and Cash Equivalents</U> -
For purposes of the Statement of Cash Flows, the Company considers highly liquid investments with an original maturity of three
months or less to be cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Revenue Recognition</U> &#8211;
The Company applies paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes
revenue when services are realized or realizable and earned less estimated future doubtful accounts. The Company considers revenue
realized or realizable and earned when all of the following criteria are met:</P>


<!-- Field: Page; Sequence: 90 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">(i)</TD><TD STYLE="text-align: justify">persuasive evidence of an arrangement exists,</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">(ii)</TD><TD STYLE="text-align: justify">the services have been rendered and all required milestones achieved,</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">(iii)</TD><TD STYLE="text-align: justify">the sales price is fixed or determinable, and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">(iv)</TD><TD STYLE="text-align: justify">Collectability is reasonably assured.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">MassRoots primarily generates revenue
by charging businesses to advertise on the network. MassRoots has the ability to target advertisements directly to a clients&#8217;
target audience, based on their location, on their mobile devices. All advertising services take between a few hours to up to one
month to complete, unless otherwise noted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">MassRoots&#8217; secondary source of
income is merchandise sales. The objective with the sales is not to generate large profit margins, but to help offset the cost
of marketing. Each t-shirt, sticker and jar MassRoots sells will likely lead to more downloads and active users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Cost of Sales&nbsp;</U>- The Company&#8217;s
policy is to recognize cost of sales in the same manner in conjunction with revenue recognition, when the costs are incurred. Cost
of sales includes the costs directly attributable to revenue recognition. Selling, general and administrative expenses are charged
to expense as incurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Comprehensive Income (Loss)</U>
- The Company reports comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting
Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in
the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the periods covered
in the financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Loss Per Share</U><B> - </B>Net
loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per
share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.
Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and potentially
outstanding shares of common stock during each period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Risk
and Uncertainties </U>-</FONT> <FONT STYLE="font-size: 10pt">The Company is subject to risks common to emerging companies in the
technology and cannabis industries, including, but not limited to, the uncertain governmental regulation of cannabis, the development
of new technological innovations, potential lack of funding needed to reach our business goals and dependence on key personnel.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Convertible Debentures</U> - If
the conversion features of conventional convertible debt provides for a rate of conversion that is below market value at issuance,
this feature is characterized as a beneficial conversion feature (&#8220;BCF&#8221;). A BCF is recorded by the Company as a debt
discount pursuant to ASC Topic 470-20 &#8220;Debt with Conversion and Other Options.&#8221; In those circumstances, the convertible
debt is recorded net of the discount related to the BCF, and the Company amortizes the discount to interest expense, over the life
of the debt using the effective interest method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>


<!-- Field: Page; Sequence: 91 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Stock-Based Compensation</U>- The
Company accounts for stock-based compensation using the fair value method following the guidance set forth in section 718-10 of
the FASB Accounting Standards Codification for disclosure about Stock-Based Compensation. This section requires a public entity
to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value
of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide
service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized
for equity instruments for which employees do not render the requisite service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Fair Value for Financial Assets
and Financial Liabilities-</U> The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures
about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (&#8220;Paragraph
820-10-35-37&#8221;) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for
measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures
about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph
820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value
into three broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for
identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of fair value hierarchy defined
by Paragraph 820-10-35-37 are described below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #CCFFCC">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Level 1</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCFFCC">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Level 2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCFFCC">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Level 3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pricing inputs that are generally observable inputs and not corroborated by market data.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The carrying amounts of the Company&#8217;s
financial assets and liabilities, such as cash, prepaid expense and accrued payroll tax approximate their fair values because of
the short maturity of these instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The derivative liabilities are stated
at their fair value as a Level 3 measurement. The Company used a Black-Scholes model to determine the fair values of these derivative
liabilities. See Note 4 for the Company&#8217;s assumptions used in determining the fair value of these financial instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Embedded Conversion Features</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company evaluates embedded conversion
features within convertible debt under ASC 815 &#8220;Derivatives and Hedging&#8221; to determine whether the embedded conversion
feature(s) should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value
recorded in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated
under</P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">ASC 470-20 &#8220;Debt with Conversion
and Other Options&#8221; for consideration of any beneficial conversion feature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Derivative Financial Instruments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company does not use derivative
instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of it financial instruments,
including stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded
derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially
recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or
credits to income.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">For option-based simple derivative
financial instruments, the Company uses the Black-Scholes option-pricing model to value the derivative instruments at inception
and subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded
as liabilities or as equity, is re-assessed at the end of each reporting period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Beneficial Conversion Feature</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">For conventional convertible debt where
the rate of conversion is below market value, the Company records a &quot;beneficial conversion feature&quot; (&quot;BCF&quot;)
and related debt discount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">When the Company records a BCF, the
relative fair value of the BCF is recorded as a debt discount against the face amount of the respective debt instrument (offset
to additional paid in capital) and amortized to interest expense over the life of the debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><U>Recent Accounting Pronouncements
</U></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">In June 2014, the FASB issued ASU 2014-10,
Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction
of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information
on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively
for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early
adoption is permitted for financial statements not yet issued. The Company adopted ASU 2014-10 during the fourth quarter of 2014,
thereby no longer presenting or disclosing any information required by Topic 915. The Company has reviewed all recently issued,
but not yet effective, accounting pronouncements up to ASU 2015-08, and does not believe the future adoption of any such pronouncements
may be expected to cause a material impact on its financial condition or the results of its operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 76.55pt; text-align: justify; text-indent: -76.45pt">NOTE 2&#9;<U>FIXED
ASSETS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Fixed assets were comprised of the
following as of March 31, 2015, December 31, 2014 and December 31, 2013, respectively. Depreciation is calculated using the straight-line
method over a 5 year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>March 31, 2015</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>December 31, 2014</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>December 31, 2013</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cost:</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Computers</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17,347</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12,134</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,522</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Office equipment</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8,738</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4,055</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Total</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26,085</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">16,189</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,522</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Less: Accumulated depreciation</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3,124</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2,027</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">228</FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Property and equipment, net</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6.4pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22,961</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14,162</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 6.4pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,294</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.4pt; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 1px">&nbsp;</TD>
    <TD STYLE="width: 93px">&nbsp;</TD>
    <TD STYLE="width: 1px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 3&nbsp;&nbsp;&#9;<U>PREPAID EXPENSE</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">During the first quarter 2015, the
Company issued 430,000 shares of its common stock, 100,000 warrants and 1,065,000 options in exchange for services, valued at $782,695.
The $782,695 is being charged to operations over a one-year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company issued
a total of 850,000 shares of its common stock and 2,050,000 options in exchange for consulting services, valued at $286,818. The
$286,818 is being charged to operations over a three-year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Consulting fees charged to operations
during the three months ended March 31, 2015 and March 31, 2014 was $23,904 and $0, respectively. The unamortized balance at March
31, 2015 and at December 31, 2014 was $814,829, and $196,688, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/11.5pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">NOTE 4 &#9;<U>DERIVATIVE LIABILITIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company identified conversion features
embedded within convertible debt and warrants issued in the first quarter 2015 and in 2014, and the Company also identified derivative
liabilities embedded within warrants detachable with subscription agreement. The Company has determined that the features associated
with the embedded conversion option, in the form a ratchet provision, should be accounted for at fair value, as a derivative liability,
as the Company cannot determine if a sufficient number of shares would be available to settle all potential future conversion transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">As a result of the application of ASC
No. 815, the fair value of the ratchet feature related to convertible debt and warrants is summarized as follow:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 94 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Warrants with convertible Debt</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Warrants with subscription agreement</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Warrants issued for services</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: justify; border-bottom: Black 1pt solid">Total</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; text-align: justify; padding-left: 5.4pt">&nbsp;Fair value at the commitment date</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">87,189</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">259,278</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">346,467</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;Fair value mark to market adjustment</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">429,948</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">323,293</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">753,241</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt">Balances as of December 31, 2014</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">517,137</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">582,571</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">1,099,708</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-left: 5.4pt">Fair value at the commitment date-in the first quarter of 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">125,708</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">43,704</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">169,412</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt">Fair value mark to market adjustment</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(24,677</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,841</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(219</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(42,737</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: justify; padding-bottom: 2.5pt; padding-left: 5.4pt">Balances as of March 31, 2015</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">618,168</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">564,730</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">43,485</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">1,226,383</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The fair value at the commitment and
re-measurement dates for the Company&#8217;s derivative liabilities were based upon the following management assumptions as of
March 31, 2015:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 30%; text-decoration: underline; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><U>&nbsp;Commitment Date&nbsp;</U></B></FONT></TD>
    <TD STYLE="width: 34%; text-decoration: underline; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><U>&nbsp;Remeasurement Date&nbsp;</U></B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Expected dividends&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Expected volatility&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">150%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">150%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Expected term&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp; 3 years&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;1.98 &#8211; 2.92 years&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Risk free interest rate&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;0.75% - 1.1%&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">0.89%&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 5 &#9;<U>DEBT DISCOUNT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -9pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company recorded the $174,378 debt
discount due to beneficial conversion feature of $87,189 for the detachable warrants issued with convertible debt, and $87,189
in derivative liabilities related to the ratchet feature warrants.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The debt discount was recorded in 2014
and pertains to convertible debt and warrants issued that contain ratchet features that are required to be bifurcated and reported
at fair value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -9pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Debt discount is summarized as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="width: 53%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>March 31, 2015</U></FONT></TD>
    <TD NOWRAP STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><U>December 31, 2014</U></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Deb discount on notes payable</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">107,016 </FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">174,379 </FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accumulated amortization</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: red"><U>(26,146)</U></FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: red"><U>(67,363)</U></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Debt discount on notes payable, net</FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$80,870 </FONT></TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">$107,016 </FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 95 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in">Amortization of debt discount on notes payable for the three
months ended March 31, 2015 and March 31, 2014 was $26,146 and $1,263, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222">NOTE
6 &#9;<U>CONVERTIBLE DEBENTURES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 24, 2014, the Company issued
several convertible debentures to certain accredited investors. The total amount of the debentures is $269,100 and matures on March
24, 2016 with a zero percent interest rate. The debentures are convertible into shares of the Company&#8217;s common stock at $0.10
per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The debentures were discounted in the
amount of $174,378 due to the intrinsic value of the beneficial conversion option and relative derivative liabilities of the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On January 7, 2015, one holder of a
convertible debenture converted $40,000 principal to 400,000 shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">As of March 31, 2015, the aggregate
carrying value of the debentures was $148,230 net of debt discounts of $80,870, while as of December 31, 2014, the aggregate carrying
value of the debentures was $162,084 net of debt discounts of $107,016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 7&#9;<U>CAPITAL STOCK</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company is currently authorized
to issue 21 Series A preferred shares at $1.00 par value per share with 1:1 conversion and voting rights. As of March 31, 2015,
there were zero shares of Series A preferred shares issued and outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company is currently authorized
to issue 200,000,000 shares of its common stock at $0.001 par value per share. As of March 31, 2015, there were 40,817,000 shares
of common stock issued and outstanding and 654,000 shares of common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 18, 2014, the Company entered
into a Plan of Reorganization with its shareholders in which the following was effected: (i) on March 21, 2014, the Company&#8217;s
Certificate of Incorporation was amended to allow for the authorization of 200,000,000 shares of the Company&#8217;s common stock;
(ii) on March 24, 2014, each of the Company&#8217;s preferred shareholders converted their shares into common stock on a one for
one basis; and (iii) on March 24, 2014, each of the Company&#8217;s shareholders surrendered their shares of the Company&#8217;s
common stock in exchange for the pro-rata distribution of 36,000,000 newly issued shares of Company&#8217;s common stock, based
on the percentage of the total shares of common stock held by the shareholder immediately prior to the exchange (the &#8220;Exchange&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 1in">On January 1, 2014,
the directors and officers exercised all of then outstanding 72.06 stock options and acquired 72.06 shares of common stock at $1
per share. These 72.06 shares of common stock were exchanged for 21,954,160 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 18, 2014, immediately prior
to the exchange, the Company converted $4,358 accrued dividends from Series A preferred shares into 0.513 shares of common stock,
which was exchanged for 156,293 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 24, 2014, the Company issued
2,059,000 shares of common stock in exchange for $205,900 cash.</P>


<!-- Field: Page; Sequence: 96 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company issued
250,000 shares of common stock to Vincent &#8220;Tripp&#8221; Keber valued at $0.10 per share in exchange for his services on the
Company&#8217;s Board of Directors for three years under the 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;). These shares
had a fair market value of $25,000, of which $2,055 was amortized during the quarter ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company issued
250,000 shares of common stock under the 2014 Plan to Ean Seeb valued at $0.10 per share in exchange for his services on the Company&#8217;s
Board of Directors for three years. These shares had a fair market value of $25,000, of which $2,055 was amortized during the quarter
ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company issued
250,000 shares of common stock under the 2014 Plan to Sebastian Stant valued at $0.10 per share in exchange for his services as
the Company&#8217;s Lead Web Developer for one year. These shares had a fair market value of $25,000, of which $6,164 was amortized
during the quarter ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On May 1, 2014, the Company issued
100,000 shares of common stock under the 2014 Plan to Jesus Quintero valued at $0.10 per share in exchange for his services as
the Company&#8217;s Chief Financial Officer for one year. These shares had a fair market value of $10,000, of which $2,466 was
amortized during the quarter ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On January 7, 2015, the Company issued
400,000 shares of common stock by conversion of convertible debentures issued in March 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">From September 15, 2014 to March 11,
2015, we completed an offering of $866,000 of our securities to certain accredited and non-accredited investors consisting of 1,732,000
shares of our common stock at $0.50 per share. As of March 31, 2015, 1,508,000 shares of common stock had been issued. The remaining
224,000 shares have not been issued as of March 31, 2015 and were recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 3, 2015, MassRoots entered
into an investment banking relationship with Chardan Capital Markets, LLC. Under the terms of the agreement, MassRoots shall pay
Chardan a non-refundable retainer of 200,000 common shares and pay a commission equal to: (a) an aggregate cash fee equal to four
percent (4%) of the gross proceeds received from the sale of common stock; and (b) an aggregate restricted stock fee equal to eight
percent (8.0%) of the aggregate number of shares of common stock sold in the offering. These shares had not been issued as of March
31, 2015 and were recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">From January 1 to March 31, 2015,
the Company issued 230,000 share of common stock to five employees and consultants under our 2014 Employee Stock Option Program.
These shares had not been issued as of March 31, 2015 and were recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">From January 1 to March 31, 2015, the
Company issued 1,048,000 share of common stock that was accounted for as common stock to be issued as of December 31, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222">NOTE
8 &#9;<U>STOCK WARRANTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 24, 2014, the Company issued
warrants to a third party for the purchase of 4,050,000 and 2,375,000 shares of common stock, at an exercise price of $0.001 and</P>


<!-- Field: Page; Sequence: 97 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">$0.40 per share, respectively. The
warrants may be exercised any time after issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original
issuance. The Company recorded an expense of $555,598 equal to the estimated fair value of the warrants at the date of grants.
The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 0.75% risk-free interest,
0% dividend yield, 150% volatility, and expected life of 3 years</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 24, 2014, in connection to
the issuance of convertible debentures of $269,100 to certain investors, which are convertible into shares of the Company&#8217;s
common stock at $0.10 per share, the Company granted to the same investors three&#8722;year warrants to purchase an aggregate of
up to 1,345,500 shares of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time after the
issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On March 24, 2014, in connection to
the issuance of 2,059,000 shares of common stock, the Company granted to the same investors three&#8722;year warrants to purchase
an aggregate of 1,029,500 shares of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time
after the issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The warrants have a fair
market value of $66,712. The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately
0.75% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">During the four months ended December
31, 2014, in connection to the sale of 1,048,000 shares of common stock, the Company granted to the same investors three&#8722;year
warrants to purchase an aggregate of 524,000 shares of the Company&#8217;s common stock at $1.00 per share. The warrants may be
exercised any time after the issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The
warrants have a fair market value of <B>$</B>42,650. The fair market value was calculated using the Black-Scholes options pricing
model, assuming approximately 1% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note
4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">During the three months ended March
31, 2015, in connection to the sale of 684,000 shares of common stock, the Company granted to the same investors three&#8722;year
warrants to purchase an aggregate of 342,000 shares of the Company&#8217;s common stock at $1.00 per share. The warrants may be
exercised any time after the issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The
warrants have a fair market value of $125,708. The fair market value was calculated using the Black-Scholes options pricing model,
assuming approximately 1% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for
further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-size: 10pt">On February
27, 2015, , the Company sold warrants for a nominal amount to purchase 100,000 shares of common stock at $0.50 per share to certain
service providers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 98 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Stock warrants outstanding and exercisable
on March 31, 2015 are as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="13" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">Exercise Price per Share</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center; border-bottom: Black 1pt solid">Shares Under Warrants</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">Remaining Life in Years</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Outstanding</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 26%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 26%; text-align: right">0.001</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 26%; text-align: right">4,050,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.4</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,750,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.5</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">866,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Exercisable</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.001</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,050,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.4</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,750,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">0.5</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">866,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">No other stock warrants have been issued
or exercised during the three months ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222">NOTE
9 &#9;<U>EMPLOYEE STOCK OPTION PROGRAM</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">In June&nbsp;2014, our shareholders
approved our 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;), which provides for the grant of incentive stock options to our
employees and our parent and subsidiary corporations' employees, and for the grant of nonstatutory stock options, stock bonus awards,
restricted stock awards, performance stock awards and other forms of stock compensation to our employees, including officers, consultants
and directors. A total of 4 million shares of common stock are reserved for issuance under our 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company granted
options to purchase 750,000 shares at $0.10 per share to Vincent &#8220;Tripp&#8221; Keber for his services on the Company&#8217;s
Board of Directors for 3 years. Under the terms of the grant, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833
shares shall vest on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000
shares shall begin vesting the later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall vest
on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest
immediately upon the later of: October 1, 2016 or the Company reaching 1,080,000 users. These options were issued in exchange for
his services on the Company&#8217;s Board of Directors for 3 years. The options may be exercised any time after the issuance through
and including the tenth (10<SUP>th</SUP>) anniversary of its original issuance. The options have a fair market value of $73,836.
The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest,
0% dividend yield, 150% volatility, and expected life of 10 years. During the quarter ended March 31, 2015, $6,069 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company granted
options to purchase 750,000 shares at $0.10 per share to Ean Seeb for his services on the Company&#8217;s Board of Directors for
3 years. Under the terms of the grant, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833 shares vest on the
first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall begin vesting
the later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall</P>


<!-- Field: Page; Sequence: 99 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">vest on the first of every month except
for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest immediately upon the later of: October
1, 2016 or the Company reaching 1,080,000 users. These options were issued in exchange for his services on the Company&#8217;s
Board of Directors for 3 years. The options may be exercised any time after the issuance through and including the tenth (10<SUP>th</SUP>)
anniversary of its original issuance. The options have a fair market value of $73,836. The fair market value was calculated using
the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and
expected life of 10 years. During the quarter ended March 31, 2015, $6,069 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On June 4, 2014, the Company granted
options to purchase 550,000 shares at $0.10 per share to Sebastian Stant for his services as the Company&#8217;s Lead Web Developer
for 1 year. Under the terms of the grant, 250,000 shares shall vest immediately upon the Company reaching 250,000 users. An additional
150,000 shares shall vest immediately upon the Company reaching 500,000 users. An additional 150,000 shares shall vest immediately
upon the Company reaching 750,000 users. The options were issued in exchange for his services as the Company&#8217;s Lead Web Developer
for 1 year. The options may be exercised any time after the issuance through and including the tenth (10<SUP>th</SUP>) anniversary
of its original issuance. The options have a fair market value of $54,146. The fair market value was calculated using the Black-Scholes
options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and expected life of
10 years. During the quarter ended March 31, 2015, $6,164 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 9, 2015, Sebastian Stant
resigned his position as Lead Developer of MassRoots and surrendered 350,000 options with a strike price of $0.10 back to the 2014
Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">From January 1 to March 31, 2015,
the Company granted 230,000 shares and options to purchase 1,065,000 shares at $0.50 per share to 20 employees and consultants
of the Company, with most vesting monthly over the course of one year. The fair market value of the options are $523,991.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="6">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Stock options outstanding and exercisable
        on March 31, 2015 are as follows:</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 25%; padding-left: 6.35pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Exercise Price per Share</FONT></TD>
    <TD STYLE="width: 2%; padding-left: 6.35pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-left: 6.35pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Shares Under Options</FONT></TD>
    <TD STYLE="width: 2%; padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 28%; padding-left: 10.7pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Remaining Life in Years</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Outstanding</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$0.10</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,750,000</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$0.50</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1,065,000</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Exercisable</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #DAEEF3">
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$0.10</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">583,382</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$0.50</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">332,495</FONT></TD>
    <TD STYLE="padding-left: 1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-left: 1in; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">No other stock options have been issued
or exercised during the three months ended March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 10&#9;<U>GOING CONCERN AND UNCERTAINTY</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">The Company has suffered losses from
operations since inception. In addition, the Company has yet to generate an internal cash flow from its business operations. These</P>


<!-- Field: Page; Sequence: 100 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">factors raise substantial doubt as
to the ability of the Company to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">Management&#8217;s plans with regard
to these matters encompass the following actions: 1) obtain funding from new investors to alleviate the Company&#8217;s working
deficiency, and 2) implement a plan to generate sales. The Company&#8217;s continued existence is dependent upon its ability to
translate its vast user base into sales. However, the outcome of management&#8217;s plans cannot be ascertained with any degree
of certainty. The accompanying financial statements do not include any adjustments that might result from the outcome of these
risks and uncertainties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">NOTE 11 &#9;<U>SIGNIFICANT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On January 1, 2015, MassRoots amended
its employment contract with Tyler Knight. For his services as Chief Marketing Officer, Mr. Knight shall be compensated five thousand
dollars ($5,000) per month. The employment contract is &#8220;at-will&#8221; and may be terminated by the Company or Mr. Knight
with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee benefits program
was awarded to Mr. Knight and he serves at the direction of the Chief Executive Officer and Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 3, 2015, MassRoots entered
into an investment banking relationship with Chardan Capital Markets, LLC. Under the terms of the agreement, MassRoots shall pay
Chardan a non-refundable retainer of 200,000 common shares and pay a commission equal to: (a) an aggregate cash fee equal to four
percent (4%) of the gross proceeds received from the sale of the Stock; and (b) an aggregate restricted stock fee equal to eight
percent (8.0%) of the aggregate number of shares of Stock sold in the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 9, 2015, Sebastian Stant
resigned his position as Lead Developer of MassRoots and surrendered 350,000 options with a strike price of $0.10 back to the 2014
Employee Incentive Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 9, 2015 MassRoots entered
into an employment contract with Alan Janis. For his services as Director of Technology, Mr. Janis shall be compensated one hundred
thirty thousand dollars ($130,000) per year. The employment contract is &#8220;at-will&#8221; and may be terminated by Company
or Mr. Janis with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance or employee
benefits program was awarded to Mr. Janis and he serves at the discretion of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 31, 2015, MassRoots amended
its employment contract with Isaac Dietrich. For his services as Chief Executive Officer, Mr. Dietrich shall be compensated seven
thousand five hundred dollars ($7,500) per month, effective April 1, 2015. The employment contract is &#8220;at-will&#8221; and
may be terminated by Company or Mr. Dietrich with or without cause with one (1) month&#8217;s written notice. No retirement plan,
health insurance or employee benefits program was awarded to Mr. Dietrich and he serves at the direction of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">On March 31, 2015, MassRoots amended
its employment contract with Hyler Fortier. For her services as Chief Operating Officer, Ms. Fortier shall be compensated five
thousand dollars ($5,000) per month, effective April 1, 2015. The employment contract is &#8220;at-will&#8221; and may be terminated
by the Company or Ms. Fortier with or without cause with one (1) month&#8217;s written notice. No retirement plan, health insurance
or employee benefits</P>


<!-- Field: Page; Sequence: 101 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">program was awarded to Ms. Fortier
and she serves at the direction of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt; text-align: justify">From January 1, 2015 to March 11,
2015, we sold $342,000 of our securities to certain accredited and non-accredited investors consisting of 648,000 shares of our
common stock at $0.50 per share, with a warrant, exercisable into an amount of our common stock equal to fifty percent (50%) of
the common stock purchased, at $1.00 per share. On March 11, 2015 this offering was terminated per the Company&#8217;s Board of
Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt; text-align: justify">On January 14, 2015, the Company
issued 1,508,000 shares of common stock to investors who had purchased the shares at $0.50 per share from September 15, 2014 to
January 9, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt; text-align: justify">On March 20, 2015, we executed a
lease with RVOF Market Center, LLC to rent 3,552 square feet of office space at 1624 Market Street, Suite 201, Denver, CO 80202
for a term of 37 months, under which the Company will pay a base rate of $0 for the first month, $8,288 for months two through
13, $8,584.00 for the months 14 through 25, and $8,880.00 for the months 25 through 37. We took possession of this space on April
10, 2015 and did not incur any significant relocation costs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 12&#9;<U>SUBSEQUENT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 68.65pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">From April 1, 2015 through April 17,
2015, the Company completed an offering of 960,933 restricted shares of the Company&#8217;s common stock, par value $0.001 per
share to certain accredited and unaccredited investors. The shares were offered pursuant to subscription agreements with each investor
for aggregate gross proceeds to the Company of $576,200. The Company compensated Chardan Capital $20,000 cash and 262,560 shares
of common stock as commission for this placement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">From April 1, 2015 to May 10, 2015,
the Company issued 3,020,828 shares of common stock: 200,000 shares for the conversion of a debenture with a face value of $20,000
at $0.10 per share, 224,000 shares to the $0.50 round investors from January to March 2015, 1,110,337 shares to the $0.60 round
investors during April 2015 (an extra 150,000 shares were inadvertently issued and are in the process of being rescinded), 262,650
shares to Chardan Capital for placement agent services, 936,341 shares for the exercise of $0.001 warrants, and 287,500 shares
for the exercise of the $0.40 financing warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On April 28, 2015, the Company entered
into a consulting agreement with Torrey Hills Capital. Under the terms of the agreement, Torrey Hills Capital is to receive 75,000
shares of common stock and $5,000 per month for setting-up non-deal roadshows for the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">From April 1, 2015 to May 10, 2015,
the Company received $115,000 from the exercise of the Company&#8217;s $0.40 warrants and issued 287,500 shares to the investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify">On May 12, 2015, the Company entered
into a consulting agreement with Caro Capital. Under the terms of the agreement, Caro Capital is to receive 200,000 shares of common
stock for a purchase price of $200 and $2,000 per month for setting-up non-deal roadshows for the Company for a period of one year.</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9; &#9;</P>


<!-- Field: Page; Sequence: 102 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">June 30, 2015<BR>
FINANCIAL STATEMENTS<BR>
(Unaudited)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 5.5in; text-indent: 0.5in">PAGE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Balance Sheets as of December 31, 2014 and June 30, 2015 (Unaudited)&#9;101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Statements of Operations for the 3 and 6 Months Ended June 30, 2015
and 2014 (Unaudited) &#9;102</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Statements of Cash Flows for the 6 Months Ended June 30, 2015 and
2014 (Unaudited) &#9;103</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Notes to Financial Statements (Unaudited)&#9;104</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 103 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">[INSERT</FONT>
<FONT STYLE="font-family: Times New Roman, Times, Serif">BALANCE SHEETS FROM JUNE 30, 2015 HERE]</FONT><BR CLEAR="ALL">
</P>


<!-- Field: Page; Sequence: 104 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">[INSERT</FONT>
<FONT STYLE="font-family: Times New Roman, Times, Serif">STATEMENTS OF OPERATIONS FROM JUNE 30, 2015 HERE]</FONT><BR CLEAR="ALL">
</P>


<!-- Field: Page; Sequence: 105 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">[INSERT</FONT>
<FONT STYLE="font-family: Times New Roman, Times, Serif">STATEMENT OF CASH FLOWS FROM JUNE 30, 2015 HERE]</FONT></P>


<!-- Field: Page; Sequence: 106 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>MassRoots, Inc.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Notes to Financial Statements</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>June 30, 2015</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>(Unaudited)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 1 - <U>SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots, Inc. (the &#8220;Company&#8221;)
is a social network for the cannabis community. Through its mobile applications, systems and websites, MassRoots enables people
to share their cannabis-related content and for businesses to connect with those consumers. The Company was incorporated in the
State of Delaware on April 24, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s primary focus during the
first two quarters of 2015 was increasing our userbase from around 275,000 to 420,000 users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has not focused on generating revenue
to date. However, the primary source of revenue generated to date is advertising from businesses, brands and non-profits. Its secondary
source of income is merchandise sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Basis of Presentation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The financial statements include the accounts
of MassRoots, Inc. under the accrual basis of accounting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Management&#8217;s Use of Estimates</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The financial
statements above reflect all of the costs of doing business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Deferred Taxes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for income taxes under
Section 740-10-30 of the FASB Accounting Standards Codification. Deferred income tax assets and liabilities are determined based
upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax
rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets are reduced by a valuation
allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets
and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in the statements of operations in the period that includes the enactment date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Cash and Cash Equivalents</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the Statement of Cash Flows,
the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Revenue Recognition</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company applies paragraph 605-10-S99-1
of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when services are realized
or realizable and earned less estimated future doubtful accounts. The Company considers revenue realized or realizable and earned
when all of the following criteria are met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">(i)</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">persuasive evidence of an arrangement exists,</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">(ii)</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">the services have been rendered and all required milestones achieved,</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">(iii)</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">the sales price is fixed or determinable, and</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20px; text-align: justify">(iv)</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="text-align: justify">Collectability is reasonably assured.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots primarily generates revenue by charging
businesses to advertise on the network. MassRoots has the ability to target advertisements directly to a clients&#8217; target
audience, based on their location, on their mobile devices. All advertising services take between a few hours to up to one month
to complete, unless otherwise noted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 107 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MassRoots&#8217; secondary source of income
is merchandise sales. The objective with the sales is not to generate large profit margins, but to help offset the cost of marketing.
Each t-shirt, sticker and jar MassRoots sells will likely lead to more downloads and active users.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Cost of Sales</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s policy is to recognize
cost of sales in the same manner in conjunction with revenue recognition, when the costs are incurred. Cost of sales includes the
costs directly attributable to revenue recognition. Selling, general and administrative expenses are charged to expense as incurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Comprehensive Income (Loss)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports comprehensive income and
its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards
for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive
income (loss) applicable to the Company during the periods covered in the financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Loss Per Share</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net loss per common share is computed pursuant
to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per share is computed by dividing net loss by
the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by
dividing net loss by the weighted average number of shares of common stock and potentially outstanding shares of common stock during
each period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Risk and Uncertainties</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is subject to risks common to emerging
companies in the technology and cannabis industries, including, but not limited to, the uncertain governmental regulation of cannabis,
the development of new technological innovations, potential lack of funding needed to reach our business goals and dependence on
key personnel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Convertible Debentures</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the conversion features of conventional
convertible debt provides for a rate of conversion that is below market value at issuance, this feature is characterized as a beneficial
conversion feature (&#8220;BCF&#8221;). A BCF is recorded by the Company as a debt discount pursuant to ASC Topic 470-20 &#8220;Debt
with Conversion and Other Options.&#8221; In those circumstances, the convertible debt is recorded net of the discount related
to the BCF, and the Company amortizes the discount to interest expense, over the life of the debt using the effective interest
method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Stock-Based Compensation</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for stock-based compensation
using the fair value method following the guidance set forth in section 718-10 of the FASB Accounting Standards Codification for
disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received
in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That
cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the
requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees
do not render the requisite service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Fair Value for Financial Assets and Financial
Liabilities</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows paragraph 825-10-50-10
of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37
of the FASB Accounting Standards Codification (&#8220;Paragraph 820-10-35-37&#8221;) to measure the fair value of its financial
instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted
in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and
comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which
prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives
the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority
to unobservable inputs. The three levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 108 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; text-align: justify">Level 1</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 94%; text-align: justify">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">Level 2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">Level 3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Pricing inputs that are generally observable inputs and not corroborated by market data.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our financial instruments include cash, accounts
receivable, prepaid expense, investment in Flowhub, deposit, accounts payable, accrued liabilities, convertible note payable, and
derivative liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying values of the Company's cash,
prepaid expense, investment in Flowhub, deposit, accrued liabilities approximate their fair value due to their short-term nature.
The Company's convertible notes payable are measured at amortized cost.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The derivative liabilities are stated at their
fair value as a Level 3 measurement. The Company used a Black-Scholes model to determine the fair values of these derivative liabilities.
See Note 4 for the Company's assumptions used in determining the fair value of these financial instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Embedded Conversion Features</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company evaluates embedded conversion features
within convertible debt under ASC 815 &#8220;Derivatives and Hedging&#8221; to determine whether the embedded conversion feature(s)
should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value recorded
in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated under ASC
470-20 &#8220;Debt with Conversion and Other Options&#8221; for consideration of any beneficial conversion feature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Derivative Financial Instruments</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company does not use derivative instruments
to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of it financial instruments, including
stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives.
For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at
its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For option-based simple derivative financial
instruments, the Company uses the Black-Scholes option-pricing model to value the derivative instruments at inception and subsequent
valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities
or as equity, is re-assessed at the end of each reporting period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Beneficial Conversion Feature</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For conventional convertible debt where the
rate of conversion is below market value, the Company records a &quot;beneficial conversion feature&quot; (&quot;BCF&quot;) and
related debt discount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">When the Company records a BCF, the relative
fair value of the BCF is recorded as a debt discount against the face amount of the respective debt instrument (offset to additional
paid in capital) and amortized to interest expense over the life of the debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>Recent Accounting Pronouncements </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2014, the FASB issued ASU 2014-10,
Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. ASU 2014-10 eliminates the distinction
of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information
on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively
for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early
adoption is permitted for financial statements not yet issued. The Company adopted ASU 2014-10 during the fourth quarter of 2014,
thereby no longer presenting or disclosing any information required by Topic 915. The Company has reviewed all recently issued,
but not yet effective, accounting pronouncements up to ASU 2015-10, and does not believe the future adoption of any such pronouncements
may be expected to cause a material impact on its financial condition or the results of its operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 109 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 2 - <U>FIXED ASSETS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fixed assets were comprised of the following
as of June 30, 2015 and December 31, 2014. Depreciation is calculated using the straight-line method over a 5 year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3"><B>December 31, 2014</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>June 30, 2015</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><B>Cost:</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 64%; text-align: justify">Computers</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: justify">12,134</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: justify">31,033</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Office equipment</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">4,055</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">23,314</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">Total</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">16,189</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">54,347</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Less: Accumulated depreciation</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">2,027</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">6,121</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">Property and equipment, net</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">14,162</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">1,294</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 3 - <U>PREPAID EXPENSE</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the first quarter 2015, the Company
issued 430,000 shares of its common stock, 100,000 warrants and 1,065,000 options in exchange for services, valued in the aggregate
at $782,695. The $782,695 is being charged to operations over a one-year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 28, 2015, the Company entered into
a consulting agreement with Torrey Hills Capital. Under the terms of the agreement, Torrey Hills Capital is to receive 75,000 shares
of common stock and $5,000 per month for setting-up non-deal roadshows for the Company. The service period is 4 months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 12, 2015, the Company entered into a
consulting agreement with Caro Capital. Under the terms of the agreement, Caro is to receive 200,000 shares of common stock and
$2,000 per month for setting-up non-deal roadshows for the Company for a period of one year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 15, 2015, the Company entered into
a consulting agreement with Demeter Capital. Under the terms of the agreement, Demeter Capital is to receive 100,000 shares of
common stock for introductions to investors. The service period is 6 months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued a total
of 850,000 shares of its common stock and 2,050,000 options in exchange for consulting services, valued in the aggregate at $286,818.
The $286,818 is being charged to operations over a three-year term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Compensation from equity issuances charged
to operations during the six months ended June 30, 2015 and June 30, 2014 was $708,082 and $567,573, respectively. The expense
related to the amortization of prepaid expense is $593,939. The unamortized balance at June 30, 2015 and at December 31, 2014 was
$1,045,816 and $196,688, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 4 - <U>DERIVATIVE LIABILITIES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company had previously identified conversion
features embedded within warrants received in connection with the issuance of convertible debt and, separately, within warrants
received in connection with the issuance of common stock. The Company has determined that the features associated with the embedded
conversion option, in the form a ratchet provision, should be accounted for at fair value, as a derivative liability, as the Company
cannot determine if a sufficient number of shares would be available to settle all potential future conversion transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, the Company
and the holders of warrants previously issued as part of our offering in March 2014 with an exercise price of $0.40 agreed to amend
the warrants to remove the ratchet provision. This reduced the Company&#8217;s derivative liability by $835,593 and increased additional
paid in capital by the same amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result of the application of ASC No. 815,
the fair value of the ratchet feature related to convertible debt and warrants is summarized as follow:</P>


<!-- Field: Page; Sequence: 110 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Warrants with Convertible Debt</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Warrants with Issuance of Common Stock</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Warrants Issued For Services</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Total</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 48%; padding-left: 5.4pt; text-align: justify"><B>Fair value at the commitment date</B></TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify"><B>$</B></TD>
    <TD STYLE="width: 10%; text-align: justify"><B>87,189</B></TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify"><B>$</B></TD>
    <TD STYLE="width: 10%; text-align: justify"><B>259,278</B></TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify"><B>$</B></TD>
    <TD STYLE="width: 10%; text-align: justify"><B>0</B></TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify"><B>$</B></TD>
    <TD STYLE="width: 10%; text-align: justify"><B>346,467</B></TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 5.4pt; text-align: justify">Fair value mark to market adjustment</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">429,948</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">323,293</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">753,241</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 2.5pt; padding-left: 5.4pt; text-align: justify">Balances as of December 31, 2014</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">517,137</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">582,571</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">0</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">1,099,708</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-left: 5.4pt; text-align: justify"><B>Fair value at the commitment date - in first quarter 2015</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>125,708</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>0</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>43,704</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>169,412</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 1pt; padding-left: 5.4pt; text-align: justify">Fair value mark to market adjustment</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(24,677</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(17,841</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(219</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(42,737</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 2.5pt; padding-left: 5.4pt; text-align: justify">Balances as of March 31, 2015</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">618,168</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">564,730</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">43,485</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">1,226,383</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 5.4pt; text-align: justify"><B>Fair value at the commitment date - in second quarter 2015</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>51,378</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>51,378</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 5.4pt; text-align: justify">Reclassified to additional paid-in capital due to amendment of agreements.</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(618,168)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(273,161</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&#8212;&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(835,593</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-bottom: 2.5pt; padding-left: 5.4pt; text-align: justify">Balances as of June 30, 2015</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">0</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">291,569</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">94,863</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">$</TD>
    <TD STYLE="border-bottom: black 2.25pt double; text-align: justify">386,432</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The fair value at the commitment and re-measurement
dates for the Company&#8217;s derivative liabilities were based upon the following management assumptions as of June 30, 2015:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Commitment Date</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Remeasurement Date</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 54%; text-align: justify">&nbsp;Expected dividends</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">0%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">0%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;Expected volatility</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">150%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">150%</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;Expected term</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;3-5 years&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;1.83 &#8211; 4.70 years&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;Risk free interest rate</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;0.75% - 1.1%&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">0.89% - 1.35%</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 5 - <U>DEBT DISCOUNT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recorded the $174,378 debt discount
due to beneficial conversion feature of $87,189 for the detachable warrants issued with convertible debt, and $87,189 in derivative
liabilities related to the ratchet feature warrants.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The debt discount was recorded in 2014 and
pertains to convertible debt and warrants issued that contain ratchet features that are required to be bifurcated and reported
at fair value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Debt discount is summarized as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>June 30, 2015</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>December 31, 2014</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 57%; padding-left: 5.4pt; text-align: justify">Deb discount on notes payable</TD>
    <TD STYLE="width: 8%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">$</TD>
    <TD STYLE="width: 15%; text-align: justify">107,016</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">$</TD>
    <TD STYLE="width: 15%; text-align: justify">174,379</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 5.4pt; text-align: justify">Accumulated amortization</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(50,347</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">(67,363</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="padding-left: 5.4pt; text-align: justify">Debt discount on notes payable, net</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">56,669</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">107,016</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Amortization of debt discount on notes payable
for the six months ended June 30, 2015 and June 30, 2014 was $50,347 and $17,681, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 6 - <U>CONVERTIBLE DEBENTURES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued convertible
debentures to certain accredited investors. The total principal amount of the debentures is $269,100 and matures on March 24, 2016
with a zero percent interest rate. The debentures are convertible into shares of the Company&#8217;s common stock at $0.10 per
share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The debentures were discounted in the amount
of $174,378 due to the intrinsic value of the beneficial conversion option and relative derivative liabilities of the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 111 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 7, 2015, one holder of a convertible
debenture converted $40,000 of principal into 400,000 shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 4, 2015, one holder of a convertible
debenture converted $20,000 of principal into 200,000 shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of June 30, 2015, the aggregate carrying
value of the debentures was $152,430 net of debt discounts of $56,670, while as of December 31, 2014, the aggregate carrying value
of the debentures was $162,084 net of debt discounts of $107,016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 7 - <U>CAPITAL STOCK</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is currently authorized to issue
21 Series A preferred shares at $1.00 par value per share with 1:1 conversion and voting rights. As of June 30, 2015, there were
0 shares of Series A preferred shares issued and outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is currently authorized to issue
200,000,000 shares of its common stock at $0.001 par value per share. As of June 30, 2015, there were 44,505,238 shares of common
stock issued and outstanding and 857,000 shares of common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 18, 2014, the Company entered into
a Plan of Reorganization with its shareholders in which the following was effected: (i) on March 21, 2014, the Company&#8217;s
Certificate of Incorporation was amended to allow for the authorization of 200,000,000 shares of the Company&#8217;s common stock;
(ii) on March 24, 2014, each of the Company&#8217;s preferred shareholders converted their shares into common stock on a one for
one basis; and (iii) on March 24, 2014, each of the Company&#8217;s shareholders surrendered their shares of the Company&#8217;s
common stock in exchange for the pro-rata distribution of 36,000,000 newly issued shares of Company&#8217;s common stock, based
on the percentage of the total shares of common stock held by the shareholder immediately prior to the exchange (the &#8220;Exchange&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2014, the Company&#8217;s directors
and officers exercised all of the then outstanding 72.06 stock options and acquired 72.06 shares of common stock at $1 per share.
These 72.06 shares of common stock were exchanged for 21,954,160 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 18, 2014, immediately prior to the
Exchange, the Company converted $4,358 accrued dividends from Series A preferred shares into 0.513 shares of common stock, which
was exchanged for 156,293 shares of common stock during the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued 2,059,000
shares of common stock in exchange for $205,900 cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock to Vincent &#8220;Tripp&#8221; Keber valued at $0.10 per share in exchange for his services on the Company&#8217;s
Board of Directors for three years under the 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;). These shares had a fair market
value of $25,000, of which $2,055 and $4,110 was amortized during the quarter and six months ended June 30, 2015, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock under the 2014 Plan to Ean Seeb valued at $0.10 per share in exchange for his services on the Company&#8217;s
Board of Directors for three years. These shares had a fair market value of $25,000, of which $2,055 and $4,110 was amortized during
the quarter and six months ended June 30, 2015, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company issued 250,000
shares of common stock under the 2014 Plan to Sebastian Stant valued at $0.10 per share in exchange for his services as the Company&#8217;s
Lead Web Developer for one year. These shares had a fair market value of $25,000, of which $4,452 and 10,616 was amortized during
the quarter and six months ended June 30, 2015, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 1, 2014, the Company issued 100,000
shares of common stock under the 2014 Plan to Jesus Quintero valued at $0.10 per share in exchange for his services as the Company&#8217;s
Chief Financial Officer for one year. These shares had a fair market value of $10,000, of which $849 and $3,315 was amortized during
the quarter and six months ended June 30, 2015, respectively.</P>


<!-- Field: Page; Sequence: 112 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From September 15, 2014 to March 11, 2015,
we completed an offering of $866,000 of our securities to certain accredited and non-accredited investors consisting of 1,732,000
shares of our common stock at $0.50 per share. As of June 30, 2015, all 1,732,000 shares of common stock had been issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 3, 2015, MassRoots entered into an
investment banking relationship with Chardan Capital Markets, LLC. Under the terms of the agreement, MassRoots shall pay Chardan
a non-refundable retainer of 200,000 common shares and pay a commission equal to: (a) an aggregate cash fee equal to four percent
(4%) of the gross proceeds received from the sale of common stock; and (b) an aggregate restricted stock fee equal to eight percent
(8.0%) of the aggregate number of shares of common stock sold in the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From January 1 to March 31, 2015, the Company
issued 230,000 shares of common stock to five employees and consultants under our 2014 Employee Stock Option Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During April 2015, the Company issued 960,335
shares of common stock in exchange for $576,200 cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 28, 2015, the Company entered into
a consulting agreement with Torrey Hills Capital. Under the terms of the agreement, Torrey Hills Capital is to receive 75,000 shares
of common stock and $5,000 per month for setting-up non-deal roadshows for the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 12, 2015, the Company entered into a
consulting agreement with Caro Capital. Under the terms of the agreement, Caro is to receive 200,000 shares of common stock and
$2,000 per month for setting-up non-deal roadshows for the Company for a period of one year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 15, 2015, the Company entered into
a consulting agreement with Demeter Capital. Under the terms of the agreement, Demeter Capital is to receive 100,000 shares of
common stock for consulting services. The 100,000 shares have not been issued as of June 30, 2015 and were recorded as common stock
to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2015, the Company signed agreements
to issue 607,335 shares of common stock in exchange for $455,500 cash. The 607,335 shares have not been issued as of June 30, 2015
and were recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, the Company
issued 1,686,341 shares of common stocks and received $300,936 due to the exercise of warrants. As of June 30, 2015, 1,536,341
shares of common stock had been issued from these exercises. The remaining 150,000 shares have not been issued as of June 30, 2015
and were recorded as common stock to be issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the second quarter of 2015, the Company
issued 654,050 shares of common stock which previously were classified as common stock to be issued on March 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 8 - <U>STOCK WARRANTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, the Company issued warrants
to a third party for the purchase of 4,050,000 and 2,375,000 shares of common stock, at an exercise price of $0.001 and $0.40 per
share, respectively. The warrants may be exercised any time after issuance through and including the third (3<SUP>rd</SUP>) anniversary
of its original issuance. The Company recorded an expense of $555,598 equal to the estimated fair value of the warrants at the
date of grants. The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 0.75%
risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, in connection to the issuance
of convertible debentures of $269,100 to certain investors, which are convertible into shares of the Company&#8217;s common stock
at $0.10 per share, the Company granted to the same investors three&#8722;year warrants to purchase an aggregate of up to 1,345,500
shares of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time after the issuance through
and including the third (3<SUP>rd</SUP>) anniversary of its original issuance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 24, 2014, in connection to the issuance
of 2,059,000 shares of common stock, the Company granted to the same investor three&#8722;year warrants to purchase an aggregate
of 1,029,500 shares of the Company&#8217;s common stock at $0.4 per share. The warrants may be exercised any time after the issuance
through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The warrants have a fair market value of
$66,712. The fair market value was</P>


<!-- Field: Page; Sequence: 113 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">calculated using the Black-Scholes options
pricing model, assuming approximately 0.75% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years.
See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the four months ended December 31, 2014,
in connection to the sale of 1,048,000 shares of common stock, the Company granted to the same investors three&#8722;year warrants
to purchase an aggregate of 524,000 shares of the Company&#8217;s common stock at $1.00 per share. The warrants may be exercised
any time after the issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The warrants
have a fair market value of <B>$</B>42,650. The fair market value was calculated using the Black-Scholes options pricing model,
assuming approximately 1% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for
further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the three months ended March 31, 2015,
in connection to the sale of 684,000 shares of common stock, the Company granted to the same investors three&#8722;year warrants
to purchase an aggregate of 342,000 shares of the Company&#8217;s common stock at $1.00 per share. The warrants may be exercised
any time after the issuance through and including the third (3<SUP>rd</SUP>) anniversary of its original issuance. The warrants
have a fair market value of $125,708. The fair market value was calculated using the Black-Scholes options pricing model, assuming
approximately 1% risk-free interest, 0% dividend yield, 150% volatility, and expected life of 3 years. See Note 4 for further discussion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 27, 2015, the Company sold warrants
for a nominal amount to purchase 100,000 shares of common stock at $0.50 per share to certain service providers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 8, 2015, the Company issued warrants
to purchase 50,000 shares of common stock at $0.60 per share to certain service providers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1 to June 30, 2015, 750,000 of warrants
previously issued as part of our offering in March 2014 were exercised at an exercise price of $0.40 per share for proceeds of
$300,000, of which $295,000 was received during the second quarter of 2015 and the remaining $5,000 was received during the third
quarter of 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1 to June 30, 2015, 936,341 warrants
previously issued as part of our offering in March 2014 were exercised at an exercise price of $0.001 per share for proceeds of
$936.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stock warrants outstanding and exercisable
on June 30, 2015 are as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Exercise Price per Share</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Shares Under Warrants</B></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify"><B>Remaining Life in Years</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Outstanding</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 28%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">$</TD>
    <TD STYLE="width: 20%; text-align: justify">0.001</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">3,113,659</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 23%; text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.4</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">4,000,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.5</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">100,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.6</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">50,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">1</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">866,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Exercisable</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.001</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3,113,659</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.4</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">4,000,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">2</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.5</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">100,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.6</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">50,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">5</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">1</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">866,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">3</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No other stock warrants have been issued or
exercised during the three months ended June 30, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 9 - <U>EMPLOYEE EQUITY INCENTIVE PLAN</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June&nbsp;2014, our shareholders approved
our 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;), which provides for the grant of incentive stock options to our employees
and our parent and subsidiary corporations' employees, and for the grant of nonstatutory stock options, stock bonus awards, restricted
stock awards, performance stock awards and other forms of stock compensation to our employees, including officers, consultants
and directors. A total of 4 million shares of common stock are reserved for issuance under our 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 114 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company granted options
to purchase 750,000 shares at $0.10 per share to Vincent &#8220;Tripp&#8221; Keber for his services on the Company&#8217;s Board
of Directors for 3 years. Under the terms of the grant, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833
shares shall vest on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000
shares shall begin vesting the later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall vest
on the first of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest
immediately upon the later of: October 1, 2016 or the Company reaching 1,080,000 users. These options were issued in exchange for
his services on the Company&#8217;s Board of Directors for 3 years. The options may be exercised any time after the issuance through
and including the tenth (10<SUP>th</SUP>) anniversary of its original issuance. The options have a fair market value of $73,836.
The fair market value was calculated using the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest,
0% dividend yield, 150% volatility, and expected life of 10 years. For the six months ended June 30, 2015 $12,138 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company granted options
to purchase 750,000 shares at $0.10 per share to Ean Seeb for his services on the Company&#8217;s Board of Directors for 3 years.
Under the terms of the grant, 250,000 shares shall begin vesting on October 1, 2014 such that 20,833 shares shall vest on the first
of every month except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall begin vesting the
later of: October 1, 2015 or the Company reaching 830,000 users such that 20,833 shares shall vest on the first of every month
except for every three months, when 20,834 shares shall vest. An additional 250,000 shares shall vest immediately upon the later
of: October 1, 2016 or the Company reaching 1,080,000 users. These options were issued in exchange for his services on the Company&#8217;s
Board of Directors for 3 years. The options may be exercised any time after the issuance through and including the tenth (10<SUP>th</SUP>)
anniversary of its original issuance. The options have a fair market value of $73,836. The fair market value was calculated using
the Black-Scholes options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and
expected life of 10 years. For the six months ended June 30, 2015 $12,138 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 4, 2014, the Company granted options
to purchase 550,000 shares at $0.10 per share to Sebastian Stant for his services as the Company&#8217;s Lead Web Developer for
1 year. Under the terms of the grant, 250,000 shares shall vest immediately upon the Company reaching 250,000 users. An additional
150,000 shares shall vest immediately upon the Company reaching 500,000 users. An additional 150,000 shares shall vest immediately
upon the Company reaching 750,000 users. The options were issued in exchange for his services as the Company&#8217;s Lead Web Developer
for 1 year. The options may be exercised any time after the issuance through and including the tenth (10<SUP>th</SUP>) anniversary
of its original issuance. The options have a fair market value of $54,146. The fair market value was calculated using the Black-Scholes
options pricing model, assuming approximately 2.61% risk-free interest, 0% dividend yield, 150% volatility, and expected life of
10 years. For the six months ended June 30, 2015 $12,328 was amortized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 9, 2015, Sebastian Stant resigned
his position as Lead Developer of MassRoots and surrendered 350,000 options with a strike price of $0.10 per share back to the
2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From January 1 to March 31, 2015, the Company
granted 230,000 shares and options to purchase 1,065,000 shares at $0.50 per share to 20 employees and consultants of the Company,
with most vesting monthly over the course of one year. The fair market value of the options are $523,991.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 8, 2015, the Company granted options
to purchase 105,000 shares at $0.6 per share to 3 employees and consultants of the Company, with most vesting monthly over the
course of one year. The fair market value of the options are $114,143.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stock options outstanding and exercisable on
June 30, 2015 are as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 115 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Exercise Price per Share</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><B>Shares Under Options</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Remaining Life in Years</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Outstanding</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 26%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">$</TD>
    <TD STYLE="width: 20%; text-align: justify">0.10</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: justify">1,750,000</TD>
    <TD STYLE="width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 24%; text-align: justify">9</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.50</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">1,065,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.60</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">105,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><B>Exercisable</B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.10</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">625,000</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">9</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.50</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">532,584</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">$</TD>
    <TD STYLE="text-align: justify">0.60</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">17,498</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">10</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No other stock options have been issued or
exercised during the three months ended June 30, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 10 - <U>GOING CONCERN AND UNCERTAINTY</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has suffered losses from operations
since inception. In addition, the Company has yet to generate an significant cash flow from its business operations. These factors
raise substantial doubt as to the ability of the Company to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management&#8217;s plans with regard to these
matters encompass the following actions: 1) obtain funding from new and potentially current investors to alleviate the Company&#8217;s
working deficiency, and 2) implement a plan to generate sales. The Company&#8217;s continued existence is dependent upon its ability
to translate its vast user base into sales. However, the outcome of management&#8217;s plans cannot be ascertained with any degree
of certainty. The accompanying unaudited financial statements do not include any adjustments that might result from the outcome
of these risks and uncertainties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 11 - <U>SIGNIFICANT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1, 2015 through April 17, 2015,
the Company completed an offering of 960,933 restricted shares of the Company&#8217;s common stock, par value $0.001 per share
to certain accredited and unaccredited investors. The shares were offered pursuant to subscription agreements with each investor
for aggregate gross proceeds to the Company of $576,200. The Company compensated Chardan Capital $20,000 cash and 262,560 shares
of common stock as commission for this placement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1, 2015 to June 30, 2015, the Company
issued 3,020,828 shares of common stock: 200,000 shares for the conversion of a debenture with a face value of $20,000 at $0.10
per share, 224,000 shares to the $0.50 round investors from January to March 2015, 960,337 shares to the $0.60 round investors
during April 2015, 262,650 shares to Chardan Capital for placement agent services, 936,341 shares for the exercise of $0.001 warrants,
and 600,000 shares for the exercise of the $0.40 financing warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 28, 2015, the Company entered into
a consulting agreement with Torrey Hills Capital. Under the terms of the agreement, Torrey Hills Capital is to receive 75,000 shares
of common stock and $5,000 per month for setting-up non-deal roadshows for the Company. These shares were issued on June 3, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1 to June 30, 2015, 750,000 warrants
previously issued as part of our offering in March 2014 were exercised at an exercise price of $0.40 per share for proceeds of
$300,000, of which $295,000 was received during the second quarter of 2015 and the remaining $5,000 was received during Q3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From April 1 to June 30, 2015, 936,341 of warrants
previously issued as part of our offering in March 2014 were exercised at an exercise price of $0.001 per share for proceeds of
$936.34.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 12, 2015, the Company entered into a
consulting agreement with Caro Capital. Under the terms of the agreement, Caro is to receive 200,000 shares of common stock and
$2,000 per month for setting-up non-deal roadshows for the Company for a period of one year. These shares were issued on June 3,
2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 15, 2015, the Company entered into
a consulting agreement with Demeter Capital. Under the terms of the agreement, Demeter Capital is to receive 100,000 shares of
common stock for introductions to investors.</P>


<!-- Field: Page; Sequence: 116 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 19, 2015, the Company retained Mr.
Daniel C. Hunt as Chief Operating Officer of the Company, effective immediately. Mr. Hunt succeeds Ms. Hyler Fortier, who resigned
as Chief Operating Officer of the Company as of that same date. Ms. Fortier will continue with the Company as the Company&#8217;s
Director of Branding, a non-executive role. Mr. Hunt will receive a salary of $78,000 per year and is an &#8220;at-will&#8221;
agreement and may be terminated by either party with or without cause with one (1) month&#8217;s written notice. No retirement
plan, health insurance or other employee benefits were awarded to Mr. Hunt and he shall serve at the direction of the Company&#8217;s
Chief Executive Officer and Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From June 10 to June 30, 2015, the Company
sold 606,669 shares of unregistered common stock for gross proceeds of $455,000, of which $380,000 was received by June 30, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 30, 2015, the Company had recorded
150,000 registered common shares to be issued for the exercise of $0.40 warrants, 606,669 unregistered common stock to be issued
for purchasers of the $0.75 private placement, and 100,000 unregistered common shares to be issued to Demeter Capital for services
rendered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NOTE 12 - <U>SUBSEQUENT EVENTS</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From July 1 to July 13, 2015, MassRoots sold
an additional 834,004 shares of unregistered common stock for gross proceeds totaling $610,502. This round was closed on July 13,
2015. As of July 21, 2015, all $1,065,502 had been received. In connection with this offering, Chardan will receive $27,200 in
cash and 76,560 shares of the Company&#8217;s common stock as commission for this placement.&nbsp;</P>


<!-- Field: Page; Sequence: 117 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">LEGAL MATTERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The validity of the securities offered
by this prospectus will be passed upon for us by Thompson Hine LLP.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">EXPERTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The financial statements of MassRoots,
Inc. as of December 31, 2014 have been included herein in reliance upon the reports of N.K.A. L&amp;L CPAs, PA (formerly known
as Bongiovanni &amp; Associates, PA), certified public accountants, for the period ended and as of December 31, 2014 upon the authority
of said firm as experts in accounting and auditing. The audit report covering the December 31, 2014 financial statements contains
an explanatory paragraph that states that MassRoots, Inc. has suffered net losses since inception from operations and this raises
substantial doubt about the Company&#8217;s ability to continue as a going concern.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center">WHERE YOU CAN FIND MORE INFORMATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">We have filed a registration statement
on Form S-1 under the Securities Act with the SEC with respect to the Common Stock and Warrants we are offering by this prospectus.
This prospectus does not contain all of the information included in the registration statement. For further information pertaining
to us and our securities, you should refer to the registration statement and the exhibits and schedules filed with the registration
statement. Whenever we make reference in this prospectus to any of our contracts, agreements or other documents, the references
are not necessarily complete, and you should refer to the exhibits attached to the registration statement for copies of the actual
contract, agreement or other document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">We are required to file annual, quarterly
and current reports and other information with the SEC. You can read and copy any of this information at the SEC&#8217;s Public
Reference Room at 100 F Street, N.E., Washington, D.C. 20549 on official business days during the hours of 10:00 a.m. to 3:00 p.m.
You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. This information
is also available from the SEC&#8217;s website at http://www.sec.gov. We will also gladly send any filing to you upon your written
request to Isaac Dietrich, our Chief Executive Officer, at 1624 Market Street, Suite 201, Denver, CO 80202. Our reports and other
information that we have filed, or may in the future file, with the SEC are not incorporated by reference into and do not constitute
part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 118 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">This prospectus is part of a registration statement we filed
with the SEC. You should rely only on the information or representations contained in this prospectus. We have not authorized anyone
to provide information other than that provided in this prospectus. We are not making an offer of these securities in any jurisdiction
or state where the offer is not permitted. You should not assume that the information in this prospectus is accurate as of any
date other than the date on the front of the document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>MASSROOTS</B></FONT><B>,
INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Up to 4,000,000 Shares of Common Stock and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Warrants to Purchase 4,000,000 Shares of
Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0 40.1pt 0 34.55pt">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin: 1pt 40.1pt 1pt 34.55pt"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 1pt 40.1pt 0 34.55pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: center"><B>PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 0 40.1pt 0 34.55pt">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin: 1pt 40.1pt 1pt 34.55pt"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt/0.05pt Times New Roman, Times, Serif; margin: 1pt 40.1pt 0 34.55pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 11.25pt 0 0; text-align: center"><STRIKE>September 2,</STRIKE><U>[
],</U> 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">&nbsp;</P>


<!-- Field: Page; Sequence: 119 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>PART II &#8211; INFORMATION NOT REQUIRED IN PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Item 13.&#9; Other Expenses of Issuance and Distribution.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table sets forth expenses (estimated except for the
SEC registration fees and FINRA notice fee) in connection with the offering described in the registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 76%; padding-right: 5.4pt; padding-left: 5.4pt">SEC registration fees</TD>
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$1,860<STRIKE> </STRIKE></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">FINRA Notice Fees</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><STRIKE>$[ ]</STRIKE><U>$1,000</U></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Legal fees and expenses</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><STRIKE>$[ ]</STRIKE><U>$50,000</U></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Accountants fees and expenses</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><STRIKE>$[ ]</STRIKE><U>$7,500</U></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Miscellaneous</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;&nbsp;&nbsp;<STRIKE>$[ ]</STRIKE><U>$39,640</U></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">TOTAL</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><STRIKE>$[ ]</STRIKE><U>$100,000</U></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Item 14.&#9; Indemnification of Directors and Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Amended
and Restated Certificate of Incorporation of </FONT>the Company <FONT STYLE="font-family: Times New Roman, Times, Serif">provides
that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>The Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists
        or may hereafter be amended, any person (an &quot;Indemnified Person&quot;) who was or is made or is threatened to be made a party
        or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a &quot;Proceeding&quot;),
        by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer
        of the Corporation or, while a director or officer of the Corporation, is or was serving at the request of the Corporation as a
        director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust,
        enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered
        and expenses (including attorneys&quot; fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding
        the preceding sentence, the Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or
        part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified
        Person was authorized in advance by the Board of Directors.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">The Corporation shall pay the expenses (including attorneys' fees)
        incurred by an Indemnified Person in defending any Proceeding in advance of its final disposition, provided, however that, to the
        extent required by law, such payment of expenses in advance of the final disposition of the Proceeding shall be made only upon
        receipt of an undertaking by the Indemnified Person to repay all amounts advanced if it should be ultimately determined that the
        Indemnified Person is not entitled to be indemnified under this Article or otherwise.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">If a claim for indemnification or advancement of expenses under
        this Article is not paid in full within thirty (30) days after a written claim therefor by the Indemnified Person has been received
        by the Corporation, the Indemnified Person may file suit to recover the unpaid amount of such claim and, if successful in whole
        or in part, shall be entitled to be paid the expense of prosecuting such claim. In any such action the Corporation shall have the
        burden of proving that the Indemnified Person is not entitled to the requested indemnification or advancement of expenses under
        applicable law.</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">Any indemnification as outlined above is not exclusive of
any other rights to indemnification afforded by Delaware law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 120 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Item 15.&#9; Recent Sales of Unregistered Securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">Each of the below transactions were exempt from the registration
requirements of the Securities Act in reliance upon Rule 701 promulgated under the Securities Act, Section 4(a)(2) of the Securities
Act or Regulation D promulgated under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">Since the Company&#8217;s inception on April 24, 2013 through
March 18, 2014, the Company issued and/or sold the following unregistered securities:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 15.25 shares of common stock (4,646,136
shares post-Exchange, as defined herein) to the Company&#8217;s CEO and Chairman, Isaac Dietrich, to repay $17,053 short term borrowing
from him and for services provided. In addition, 42.81 stock options were issued as part of the employment agreement with the Mr.
Dietrich. The stock option allows Mr. Dietrich to purchase 42.81 shares of the Company&#8217;s common stock (13,042,695 shares
post-Exchange) at $1.00 per share per each individual option. The options will vest through January 1, 2017.<FONT STYLE="font-family: Times New Roman, Times, Serif">
Each option issued contained an acceleration clause which was triggered upon the closure of the financing on January 1, 2014 that
caused all options to vest immediately. </FONT>On January 1, 2014, Mr. Dietrich exercised all options held at that time.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 3.75 shares of common stock (1,142,493
shares post-Exchange) to the Company&#8217;s Chief Operations Officer, Hyler Fortier, in exchange for her services. 11.25 stock
options were also issued as part of the employment agreement with Ms. Fortier. The stock options allow Ms. Fortier to purchase
11.25 shares of the Company&#8217;s common stock (3,427,478 shares post-Exchange) at $1.00 per share per each individual option.
The options will vest through January 1, 2017. <FONT STYLE="font-family: Times New Roman, Times, Serif">Each option issued contained
an acceleration clause which was triggered upon the closure of the financing on January 1, 2014 that caused all options to vest
immediately. </FONT>On January 1, 2014, Ms. Fortier exercised all options held at that time.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 3.00 shares of common stock (913,994 shares
post-Exchange) to the Company&#8217;s Chief Technology Officer, Stewart Fortier, in exchange for his services. 9.0 stock options
were issued as part of the employment agreement with Mr. Fortier. The stock options allow Mr. Fortier to purchase 9.0 shares of
the Company&#8217;s common stock (2,741,982 shares post-Exchange) at $1.00 per share per each individual option. The options will
vest through January 1, 2017. <FONT STYLE="font-family: Times New Roman, Times, Serif">Each option issued contained an acceleration
clause which was triggered upon the closure of the financing on January 1, 2014 that caused all options to vest immediately. </FONT>On
January 1, 2014, Mr. Fortier exercised all options held at that time.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On April 24, 2013, the Company approved the issuance of 3.00 shares of common stock (913,994 shares
post-Exchange) to Tyler Knight in exchange for his services. 9.0 stock options were also issued as part of the employment agreement
with Mr. Knight. The stock options allow Tyler Knight to purchase 9.0 shares of the Company&#8217;s common stock (2,741,982 shares
post-Exchange) at $1.00 per share per each individual option. The options will vest through January 1, 2017.<FONT STYLE="font-family: Times New Roman, Times, Serif">
Each option issued contained an acceleration clause which was triggered upon the closure of the financing on January 1, 2014 that
caused all options to vest immediately. </FONT>On January 1, 2014, Mr. Knight exercised all options held at that time.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On October 7, 2013, the Company entered into an agreement to issue as compensation for services
provided a total of 2.94 Series A Preferred shares (895,715 common shares post-Exchange) with a market value of $24,998 to Douglas
Leighton for financial consulting services. These shares were issued <FONT STYLE="font-family: Times New Roman, Times, Serif">on
January 1, 2014.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On October 7, 2013, we entered into agreements to issue 5.88, 5.88, and 5.89 Series A Preferred
Shares (1,791,428, 1,791,428, and 1,794,475 common shares post-Exchange) to Bass Point Capital, LLC, WM18 Finance LTD, and Rother
Investments, LLC, respectively, in exchange for $50,000 capital investments from each. These shares were subsequently issued on
the closing date of January 1, 2014. On March 18, 2014, as part of a Plan of Reorganization, (i) all preferred shareholders converted
their shares of stock into common stock as is outlined in our certificate of incorporation; (ii) the Company&#8217;s certificate
of incorporation was amended to allow for the issuance of 200,000,000 shares of our common stock, (iii) the</TD></TR></TABLE>


<!-- Field: Page; Sequence: 121 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 10pt 0.5in; text-align: justify">Company&#8217;s current shareholders
exchanged their shares of our common stock for the pro-rata percentage of 36,000,000 shares of our common stock (the &#8220;Exchange&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From March 18, 2014 through March 31, 2014,
the Company issued and/or sold the following unregistered securities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On March 18, 2014, as payment for consulting services, we granted Dutchess Opportunity Fund, II
LP a warrant <FONT STYLE="font-family: Times New Roman, Times, Serif">exercisable into </FONT>4,050,000 shares <FONT STYLE="font-family: Times New Roman, Times, Serif">of
our common stock </FONT>at $0.001 per share, and a warrant <FONT STYLE="font-family: Times New Roman, Times, Serif">exercisable
into </FONT>2,375,000 shares <FONT STYLE="font-family: Times New Roman, Times, Serif">of our common stock </FONT>at $0.40 per share.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On March 24, 2014, we completed an offering
of $475,000 of our securities to certain accredited and non-accredited investors consisting of (i) $269,100 of convertible debentures,
convertible into shares of the Company&#8217;s common stock at $0.10 per share, together with warrants, exercisable into an amount
of our common stock equal to fifty percent (50%) of the common stock underlying the convertible debentures, at $0.40 per share;
and (ii) 2,059,000 shares of our common stock at $0.10 per share, with a warrant, exercisable into an amount of our common stock
equal to fifty percent (50%) of the common stock purchased, at $0.40 per share.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">On June 6, 2014, each of Ean Seeb, Tripp
Keber, and Sebastian Stant received a stock award of 250,000 shares of our common stock, while Jesus Quintero received a stock
award of 100,000 shares of our common stock as compensation for their service. These awards, along with all the then outstanding
shares were included in our resale registration statement on Form S-1 that originally went effective on September 15, 2014 (&#8220;2014
Registration Statement&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">The securities in the transactions set
out below were not covered by the 2014 Registration Statement:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Each of Ean Seeb, Tripp Keber, and Sebastian Stant also received 750,000, 750,000, and 550,000
options, respectively, to purchase shares of our common stock pursuant to our 2014 Equity Incentive Plan.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On March 3, 2015, Chardan Capital Market, LLC and the Special Equities Group, LLC, received 40,000
and 160,000 shares, respectfully, for Chardan&#8217;s investment banking services.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">From September 15, 2014 to March 11, 2015, we completed an offering of $866,000 of our securities
to certain accredited and non-accredited investors consisting of 1,732,000 shares of our common stock at $0.50 per share, along
with warrants to purchase 866,000 shares at $1 per share.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">From April 1, 2015 through April 17, 2015, MassRoots, Inc. completed an offering of 960,933 shares
of the Company&#8217;s common stock to certain accredited and unaccredited investors, pursuant to which, the Company received gross
proceeds of $576,200. The Company terminated this offering as of April 17, 2015. The Company compensated Chardan Capital Markets,
LLC $20,000 cash and 262,560 shares of common stock as commission for this placement.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On February 27, 2015, certain service providers purchased warrants permitting the purchase of 100,000
shares at $0.50 per share.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">From January 1 to March 31, 2015, the Company granted 230,000 shares and options to purchase 1,065,000
shares at $0.50 per share to 20 employees and consultants of the Company pursuant to the 2014 Plan.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On April 28, 2015, the Company entered into a consulting agreement with Torrey Hills Capital, under
which, Torrey Hills Capital will receive 75,000 shares of the Company&#8217;s common stock.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">On May 12, 2015, the Company entered into a consulting agreement with Caro Capital, under which
Caro Capital, as compensation for services provided, will receive 200,000 shares of Company&#8217;s common stock in exchange for
$200.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">From June 10, 2015 through July 13, 2015,
MassRoots sold 1,540,673 shares of unregistered common stock to certain accredited investors for gross proceeds of $1,140,502.
</FONT>In connection with this offering, Chardan Capital received $27,200 in cash and 80,560 shares of the Company&#8217;s common
stock as commission for this placement.&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On June 15, 2015, the Company entered
into a consulting agreement with Demeter Capital, under which Demeter Capital, as compensation for services provided, will receive
100,000 shares of the Company&#8217;s common stock in exchange for $100.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 122 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>On July 30, 2015, MassRoots entered into consulting agreements with each of Shmuel Tennenhaus and Daniel Mohler to provide
advisory services to the Company. As part of the agreements, Mr. Tennenhaus and Mr. Mohler received warrants to purchase 125,000
and 50,000 shares of common stock, respectively, at $0.90 per share.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Except as noted, none of the foregoing
transactions involved any underwriters, underwriting discounts or commissions, or any public offering, and the Registrant believes
each transaction was exempt from the registration requirements of the Securities Act as stated above. All recipients of the foregoing
transactions either received adequate information about the Registrant or had access, through their relationships with the Registrant,
to such information. Furthermore, the Registrant affixed appropriate legends to the share certificates and instruments issued in
each foregoing transaction setting forth that the securities had not been registered and the applicable restrictions on transfer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Item 16.&#9; Exhibits and Financial Statement Schedules.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">The following exhibits are filed with this registration statement:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-decoration: underline"><U>No.</U></TD>
    <TD STYLE="width: 89%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-decoration: underline"><U>Description</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">2.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Plan of Reorganization, dated March 18, 2014.*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">3.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amended and Restated Certificate of Incorporation of the Company*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">3.2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amendment to Amended and Restated Certificate of Incorporation of the Company*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">3.3</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Bylaws of the Company*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">4.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Common Stock Certificate*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">4.2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Subscription Agreement for the Offering<STRIKE>^</STRIKE><U>+</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">4.3</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Warrant for the Offering<STRIKE>^</STRIKE><U>+</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">5.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify"><STRIKE>Form of </STRIKE>Opinion of Thompson Hine LLP regarding the legality of the securities being registered<STRIKE> </STRIKE>+</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amended Employment Agreement by and between the Company and Isaac Dietrich (incorporated by reference to Exhibit 10.4 to the Company&#8217;s Annual Report on Form 10-K filed on March 31, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amended Employment Agreement between the Company and Daniel Hunt (incorporated by reference to Exhibit 10.1 to the Company&#8217;s Current Report on Form 8-K filed on June 19, 2015)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.3</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Employment Agreement by and between the Company and Stewart Fortier, dated April 1, 2014*</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.4</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amendment to Employment Agreement by and between the Company and Tyler Knight &nbsp;(incorporated by reference to Exhibit 10.3 to the Company&#8217;s Annual Report on Form 10-K filed on March 31, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.5</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Lease by and between the Company and RVOF Market Center LLC (incorporated by reference to Exhibit 10.2 to the Company&#8217;s Annual Report on Form 10-K filed on March 31, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.6</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Subscription Agreement dated May 26, 2015, between MassRoots and Flowhub (incorporated by reference to Exhibit 10.1 to the Company&#8217;s Current Report Form 8-K filed on May 28, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.7</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Parse Services Hosting Agreement, dated December 18, 2013, by and between Parse, LLC and the Company*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.8</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consulting Agreement, dated March 18, 2014, by and between Dutchess Opportunity Fund, II, LP and the Company*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.9</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Security Agreement from the March 2014 Offering*</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 123 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.10</TD>
    <TD STYLE="width: 89%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Subscription Agreement from the March 2014 Offering *</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.11</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Debenture Registration Rights Agreement from the March 2014 Offering*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.12</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">2014 Stock Incentive Plan and forms of stock option agreement and stock award agreement thereunder.*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.13</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Agreement between Chardan Capital Markets, LLC, and the Company (incorporated by reference to Exhibit 10.1 to the Company&#8217;s Annual Report on Form 10-K filed on March 31, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.14</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consulting Agreement, dated May 1, 2015, by and between Jesus Quintero and the Company (incorporated by reference to Exhibit 10.3 to the Company&#8217;s Quarterly Report on Form 10-Q filed on May 15, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.15</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consulting Agreement between MassRoots and Demeter Capital, dated June 15, 2015 (incorporated by reference to Exhibit 10.1 to the Company&#8217;s Quarterly Report on Form 10-Q filed on July 22, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.16</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Investment Banking Agreement between Chardan and the Company, dated <STRIKE>June 9</STRIKE><U>September 24</U>, 2015<STRIKE> (incorporated by reference to Exhibit 10.2 to the Company&#8217;s Current Report on Form 8-K filed on July 14, 2015)</STRIKE><U>+ </U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.17</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Amended Employment Agreement between the Company and Hyler Fortier (incorporated by reference to Exhibit 10.19 filed along with Post-Effective Amendment No. 2 to the Company&#8217;s Registration Statement on Form S-1 on August 11, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.18</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Common Stock Warrant from March 2014 Offering (incorporated by reference to Exhibit 4.2 filed together with the Company&#8217;s Registration Statement on Form S-1 on June 6, 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.19</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Debenture Agreement from March 2014 Offering (incorporated by reference to Exhibit 4.3 filed together with the Company&#8217;s Registration Statement on Form S-1 on June 6, 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.20</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Form of Debenture Warrant from March 2014 Offering (incorporated by reference to Exhibit 4.4 filed together with the Company&#8217;s Registration Statement on Form S-1 on June 6, 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">10.21</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consulting Warrant, from March 2014 Offering (incorporated by reference to Exhibit 4.5 filed together with the Company&#8217;s Registration Statement on Form S-1 on June 6, 2014)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt"><U>10.22</U></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify"><U>Employment Agreement between the Company and Jesus Quintero+</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">14.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Code of Ethics of the Company (incorporated by reference to Exhibit 14.1 to the Company&#8217;s Annual Report on Form 10-K filed on March 31, 2015)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">23.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consent of N.K.A. L&amp;L CPAs, PA, formally known as Bongiovanni &amp; Associates, P.A.+</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt">23.2</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: justify">Consent of Thompson Hine, LLP (included in Exhibit 5.1)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">* Incorporated by reference to the exhibit of the same number
filed together with the Company&#8217;s Registration Statement on Form S-1 on June 6, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">+ Filed hereby with this registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><STRIKE>^ To be filed by subsequent amendment. </STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Item 17.&#9; Undertakings.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">(a)&#9;The undersigned registrant hereby
undertakes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">To file, during any period in which offers or sales are being made, a post-effective amendment
to this registration statement:&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">i.</TD><TD STYLE="text-align: justify">To include any prospectus required by Section&nbsp;10(a)(3)&nbsp;of the Securities Act of 1933;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">ii.</TD><TD STYLE="text-align: justify">To reflect in the prospectus any facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume
of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation
from</TD></TR></TABLE>


<!-- Field: Page; Sequence: 124 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.75in; text-align: justify">the low or high end of the estimated
maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;)
pursuant to Rule&nbsp;424(b)&nbsp;if, in the aggregate, the changes in volume and price represent no more than 20 percent change
in the maximum aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective registration
statement;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">iii.</TD><TD STYLE="text-align: justify">To include any material information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the registration statement.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD STYLE="text-align: justify">That, for the purpose of determining any liability under the Securities Act of 1933, each such
post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(3)</TD><TD STYLE="text-align: justify">To remove from registration by means of a post-effective amendment any of the securities being
registered which remain unsold at the termination of the offering.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(4)</TD><TD STYLE="text-align: justify">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser,
each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration
statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included
in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in
a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed
incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to
a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration
statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date
of first use.&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(5)</TD><TD STYLE="text-align: justify">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted
to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant
has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities
Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than
the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection
with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities, other than the payment by the registrant
of expenses incurred and paid by a director, officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding, is asserted by such director, officer or controlling person in connection with the securities being registered
hereby, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit
to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final adjudication of such issue.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned Registrant hereby undertakes that it will:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in">(1)&nbsp;&nbsp;&nbsp;for
determining any liability under the Securities Act, treat the information omitted from the form of prospectus filed as part of
this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant under Rule
424(b)(1), or (4) or 497(h) under the Securities Act as part of this registration statement as of the time the Commission declared
it effective.</P>


<!-- Field: Page; Sequence: 125 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in">(2)&nbsp;&nbsp;for
determining any liability under the Securities Act, treat each post-effective amendment that contains a form of prospectus as a
new registration statement for the securities offered in the registration statement, and that offering of the securities at that
time as the initial bona fide offering of those securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 126 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, the registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of Denver, State of Colorado, on <STRIKE>September 2</STRIKE><U>October
5</U>, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>MASSROOTS, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 91%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>By:</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>/s/ Isaac Dietrich &nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
        Isaac Dietrich</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Chief Executive Officer</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the
dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Signatures</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 41%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Title</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 23%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Date</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Isaac Dietrich</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Principal Executive Officer and Chairman of the Board of Directors </FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Isaac Dietrich&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Tripp Keber</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Director</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Tripp Keber</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Tyler Knight</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Director, Chief Marketing Officer</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Tyler Knight </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Stewart Fortier</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Director, Chief Technology Officer</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Stewart Fortier</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Ean Seeb</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Director</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Ean Seeb</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Jesus </I></FONT><I>Quintero</I></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief Financial Officer and Chief Accounting Officer</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jesus </FONT>Quintero</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>/s/ Daniel Hunt</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief Operating Officer</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><STRIKE>September 2</STRIKE><U>October 5</U>, 2015</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">Daniel Hunt</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_007.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" &" 2D# 2(  A$! Q$!_\0
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MT+_G1_\ /1/S%'FQ_P#/1?SJA_9\']Q/^^!_A1_9\']Q/^^!_A1J&A?\V/\
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M\\_#_P#WU)2;O'_]SP_^;T =;17/Z2?%O]HI_;*Z0++!WFW+[\XXQGCK704
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M+?\ (^6O_8,E_P#1J5O<>M*4$W<YZF'C.7,V>,?\(OK?_0+NO^^:/^$7UO\
MZ!=U_P!\UZR_VY7RA1AD\'M\W&?PI%_M $,Q4C.2HQZ?XU/LT9?58]V>3_\
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M@X5<8"GT&.M2P*>I6JFVDDA>Z,F_$A<$E^,CVQW[U%:Z7-:2$3QY:1!_"64
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MI? /P[N=;NVNM4$EO8PG&%.&E;^Z#V [FO79+O1_#$$-NWEVB."$1$))QU/
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M:/HYATZWN;8W; -*CMC&!G>YSU]%!K5\8:;!?:.\LA\NZM8C+%*?E*XZ,Q[
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MN+XPM;^4WEAAY<S$+N.-K\=2,'CW/2J3:;XAY*ZG&#S@GH#ZXV]".-O;KDT
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M+VWM[[9YHD&S.-IJM_9%EZS_ /?0H-]NBB9 J>:Q ,K8"\$Y./7' I8;PRW
MC(3!+@!6RR[>Y'H>WX5SSP="I+FG%-FD:U2*LF)_9%EZS_\ ?0H_LBR]9_\
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M_P"L83^3\#JH^/&Y'8:6/_1M:1_X_H?^NO\ [(:S8CGQKGUTH'_R+6D?^/\
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MQ ]S';#Y) ?, /)(ZY]ABD$,3PNUP24YVR$<YQ7*W;:]IUO:O!$LFI:C("P
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M$=M)(X9U4;=ZCO[D5RMOX ^(5E$T,20HDC9*FXBPQQBO6Y',?C.%P"2NE3$
M G/[U.PKSOQ7>7/B+4+9KJTP4\Q(C$QW9'7Z'..M3.:B:TJ4JFQB2?#7Q_,Q
M,D$)R-O$\0&*NCP=\3EF64.NY0  ;B+:!Z;>E=K\*=7U&YLKW3=3F><V3+Y4
MLARVTY&TGO@CCZUTMM-K4<9$L(D."06QG.!QP?7-'NNSL1)RINQY!+X#^(DT
M3QM;685V+-M,"G).2<@9JJOPQ\>I]V"(?2XC_P :]L>?6'VXMTCP.<$')_/I
M397UCR414(9 -[KMR_3W^M-V>Z(524=5<P?!?A_6]/\ #JV^N*GVOSG;AU.
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MKH-E9UQQU%#1W98;94 QSQWJU10!SLG_ "/;9Z_V6/\ T;5X_P#']#_UU_\
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M]%<N_P 1_#$?W]19?K;2C_V6HC\4O""_>UE!]89/_B:5AER7_D?'_P"P6/\
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MQ7M$CBN;A(D5%#+PHP/NU@^)M7CT;Q1I=Q-&SHUK.A"]1ED/]*V[%66\N@X
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M+F/A]GW6]&7V/Z59S3N(S-,CN8;N>.\N$N)MRDR)%Y8(V\#;DU#>?\CGI_\
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MH_MJZ_Z%_5_^^(O_ (NM#.QJT$9!'K65_;5U_P!"]J__ 'Q%_P#%T?VU=?\
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MT3_OH4OG1?\ /1/^^JYX>"H%Z:AJ/XR@_P!*4^#(2,?VCJ/X2+_A1=BLC?\
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M!EG_ -^5H][N'NC!XITLC(N4(_WA2_\ "3Z9_P _"_\ ?0IW_",Z1_T#+/\
M[\K1_P (UI'_ $#+3_OR*/>[A[HW_A)],_Y^%_[Z%'_"3Z9_S\+_ -]"G?\
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>110 4&BB@ HHHH **** "BBB@ HHHH *6BB@#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image_008.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_008.gif
M1TE&.#EA< (Y /<  /______S/__F?__9O__,___ /_,___,S/_,F?_,9O_,
M,__, /^9__^9S/^9F?^99O^9,_^9 /]F__]FS/]FF?]F9O]F,_]F /\S__\S
MS/\SF?\S9O\S,_\S /\ __\ S/\ F?\ 9O\ ,_\  ,S__\S_S,S_F<S_9LS_
M,\S_ ,S,_\S,S,S,F<S,9LS,,\S, ,R9_\R9S,R9F<R99LR9,\R9 ,QF_\QF
MS,QFF<QF9LQF,\QF ,PS_\PSS,PSF<PS9LPS,\PS ,P _\P S,P F<P 9LP
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M,S.9 #-F_S-FS#-FF3-F9C-F,S-F #,S_S,SS#,SF3,S9C,S,S,S #, _S,
MS#, F3, 9C, ,S,   #__P#_S #_F0#_9@#_,P#_  #,_P#,S #,F0#,9@#,
M,P#,  "9_P"9S "9F0"99@"9,P"9  !F_P!FS !FF0!F9@!F,P!F   S_P S
MS  SF0 S9@ S,P S    _P  S   F0  9@  ,P
M
M
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M;\.%9%B&7@AD&U:&:KB&*]$4K'<IN,*&<CB'(#&"^N=91C$3D$*'?'B# 0$
!.P$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>image_008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_008.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" ($ ?P# 2(  A$! Q$!_\0
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MBXN7>6WGBN]QR2K8;\C4I:&:7NZ:F913I8WAD,<JE''52*;4D!1110(****
M&XJ5).S?G3*0B@"?&>G>M"1UTF$Q1,&O''[R0=(QZ#WK*1\<-TJ0BJ3L4I6&
M$4Z&:2WE66%BKJ>"*"*:12)V.VTC5DU*#LLR??3^H]JT:\[MKF6SN%FA;:Z_
MK[5W.F:A'J5L)4X8<.O=36L97.VC5YE9[ERBBBK-PHHHH **** "BBB@ HHH
MH **** "BBB@!*YOQGXH3P[IH$)5KZ<%84/;_:/L*U]6U2WT?39KRZ;$<:YQ
MW8]@/<UX;JVJW&M:G->W1^>0\+V1>RBIE*QE5GRHJR2/-*\LKEY')9F8\DGO
M12 4X5B<;8H%#,$7)I20JDGH*JNYD;)Z=A0(1V,C9/X"G1QO(X2-6=VX"J,D
M_A30*Z/PQ]GB:UN?]',R7>)FF8 Q1[?E*Y/<YYI#2N<[@DX )/I5^/6)XXHP
M(XC-'$88YR#O5#VZX[D XSS6_IT-A9O:3R/9&99TVN,8*LK9SSDX.T9(&#6>
M;*V70[E[D6BW(C+H(L J^_!7.[DXSP!CWIV*Y6BLNMWEOY<GD1J6CC4.4/[Q
M8V!4]<=1CBG1:K>7L<MNMDER7B"-L5MVP,6Z@],M^@JQ#]A31X962WEG$*?+
M*V<$S,&XSUVTEN;.RU'7XU(:V^SR)$JR[=XWK@!J8:]RAJ5Q<S@?;;,1S'"M
M,4(9]HQCTZ8S@42ZQ/+:F%HXOFA2%G .2J'*]\5I0&UGT.%56%[A!.UO;S29
M&XLO7.,\9(SUJ<6^A%W9A"#&_DLJOP6D4?,#W"-N_2E8+/N9-YJ]S?PN]U;1
M2*78)(5.(RW)4<X]\'-9TB/$[)*K(R]588(KH=2DTZWT62U2-9TAOMJB.;:7
MQ$ 9.^03FK=_!87^KM/_ *.Z">3SF,H^YY2[._/.>G>BUQ.-^IRCQO$^R1&1
MO1A@T^WN[BT8M:W$L+,,$QN5S^5;VO?9IK>>9A;^9B 6\D; O)\GSYP>@QWZ
M5SE)Z":L7?[:U/\ Z"-Y_P!_V_QI#K.IG_F(WG_?YO\ &J=%%V%V7/[8U+_H
M(WG_ '^;_&E_MK4_^@C>?]_V_P :I447879;;5]1=&1]0NV5A@J9FP152BB@
M05<T?_D,6G_7453JYH__ "&+3_KJ*!'=T444""BBB@"_#JK););SV\-Q$GW0
MPP1^-36\VGW5S'"--*M(<9$Q %95%5S%J;-776F%UY*1RQVL0"(N"%/O63D>
MU78-7OK=0J7#%1V;YA^M3?V[<'[\-J_^]$*'9CDXR=[F;D>M*A.X>7NW=MO6
MM'^VY1TM+,'_ *Y4AUZ]Z1F*(?[$8%*R%:/<FOH9KG2(+N9&6:+]V^\8++V-
M9%2SW,URV9Y7D(Z;C45#>H2=W=!4MO";FX2)6"ECU/:HJFLYUMKN.5@2%/..
MM")6X2VYCB21&$D; D, >.<<^E*+5S$[D[2BEF5E.>,?XU8:_C>$POYK[D*F
M0@;OO CCTXI[ZI&2Q$;<EB 2.Y7_ .)-.R+M$I/:R10++("H9BH4C!X&<U%5
MNZNHYH=D?F']ZTF7[9[54I,F0A&:<C[>#T_E24AI$DQ%-I(WP=IZ=J>13&,(
MJQIU_)IMV)8\E>CK_>%0D4PT FT[H]#MKB.Y@2:)MR.,@U-7&>']5^PW'D3'
M]Q(>I_A;UKL@:VB[H]"G-35Q:*2EJBPHHHH **** "BBB@ HHHH *2@UR'Q"
M\1?V/I7V2V?%W=@J".J)W/\ 04F["D^579QWCWQ+_;6J?9+9LV5J2 1T=^[?
MAT%<J*0# QZ4ZL6[G!*3D[L4#-.[4@%13R8^1>IZTB1DLF]L#[HIH%(!3J5P
M#-7ET2\?:0D3+M9MXE4JH7&[)S@$9%40<$'@X(.#6S<^)9)[9X!:Q1QNLBX#
M'"[P <#L!C@4*PU;J-L/#ES<ZE';W(6&)I!&S[UYRNX;?[W'/%1V&BK?:;J%
MQ')B>U91''C_ %@Y+#Z@#/YU/'XED22W>2TB<VS*\7SD;6"!.?7( .*HVVJ3
M6<#I#A7:=)P_=2N<#'<<T]!Z%NY\/O;Z=83><@GN@S/&[!!&.-H)/<ALX]Q5
M;^P[X-&K6X6220QI&6 9F!P<#T!JS%XCGVMY\4<\C.\GFD[6#-MR1Z?=Q]*=
M+XEEE\_? /W\HE8"5L*<YRO]T^XHT'[HZQ\/Q7$"M<-*TCW8MLV^UU3*YW$]
M\?A5)]&NPI9(UD7^$(P+,N[:&"]=I/?WJZ_BJ[)'EQQK^\$C_,3YH";"K_WL
MCJ:B3Q!)"RRV]M'%.D:PK)N+8C!R%P?H!GTHT#W1D'AZY>202/#$J1R/O\Q2
MN4ZKGL?6J=UI\UGY8N%C1G (7>"0",@D=LYJ^NO; T<5G&MN_FF2/>3N,@P3
MGJ,8XJM>:FUY8P6OE[4A.59G+L.,8!/1?:C07ND]QX=NH+Z6")H9-C*F_>JA
MF89"_P"][5F,I1BK AE)!!Z@UK/X@\Z8O-9QOF5)]OF''FJ,;OH0!D5ES2O/
M/)-(<O(Q=CZDG)I,3L,HHHI""BBB@ HHH/'7BF 5<T?_ )#%I_UU%43(@."Z
M@_6KFCRI_;%I\Z_ZT=Z L=[12;U_O#\Z-P(R"/SH)%HHHH&%%%% @HHHH **
M** "BBB@"V;,"R:<[E90K8;'()Q2BR3:&,C >2LI('3+8JNLDTH6%79@<*$S
MP?04\&X#BW21B=VT*K9!.>WXTRU;L63IT2!GDE*Q9 5L@[LYYX^E"V\$*RAB
M\F;;S"<#CD=*C$=]YCD.X<$H?GY8CD@>N*CVW,2^=O884 D-R >F1V!ICNNQ
M8.F#,@#/@*61CC!^4'&.I-!T^(;I/-/D*NX/D?-SC\*AV7@CW!GP^&*A_FYX
MSCKS3C'>B4-YC;@""XDX4#J">U&@:=BK*JI*RHQ90>&(QD4VGS)(DK"7[YY)
MSG.>^:92($(J2-]W!ZBF4G(.10(F(IM.5MRY_.D- QA&:ZWPYJANK?[-,V9H
MAP3_ !+7)FGVUR]G<QSQ'YT.?J.XIQ=F53GR.YZ(*6H+.YCO+:.>(Y5QGZ>U
M3UN>CN%%%% !1110 4444 %)FEI* (KJYBM+66XG8+%$I9V/8"O"=<U>77=8
MGOI<@.<1J?X4'05W?Q/UTQ6T6CPM\\W[R;!Z+V'XG^5>:BLYOH<U:?07%*!0
M*<*S.8;(_EIGOVJKR3GN:=*_F/[#I2"@#9T[2;>ZL[=Y!,QN&E4RJ<+!L&02
M,<Y]ZTK30[%+^ 2P3%%:W.9'^6;S!DJ..W6N6#LJ,H=@K\, Q /U]:M7$E_?
M)]JE$SQQ +O .Q<  8[#M1=%)KL;+V%K)I:SRPW")#',X@\WHPE5>N,\YZ?2
MI6T6VM_MYM3<*8/.@(+ F3"JP[<9SCBL"6UOE91-#= RDA0X;YSZ4@M;XER(
M;KY&PYPW!/K[T7'?R-PZ'8(95FBNHY;:)&GB5F?+L<87C/RCKCN?:LZVT^!Y
M-0<1W$R6NWRXA\CL"^,GKC'>F)I^KS&601W?F6ZC=N9MP#''%0RV5W;S7!B$
M[+ 2LDJHRX]<YY'XT!\CJ-4TJWNM3>.4R@/-,(HP,(&R@ ) )'7KTS6?'X>M
M7$4<OG0,\ E:Y+@QJWF;"O3!_.L8VVHQ%"8[M#(=JG##<3S_ /7J=+?4M3E2
MPV2%K:$XA.1M5<GD>O)HO<+W>Q?GTK384O)!%>'[+$S&-\H&(<*,$CW.<5)+
MX<@WSPVHEEGCE VR/L^0[<;3C:Q^;GG-84D5YY FE6X\H_)O;=M^F:C,TI7:
M99,9SC><9]:!778WKS1+*SL9;IDE;$*NL8E. QD*')(R1QGI4VIZ-9QO<2S2
M7<TKR2*&C3=L*@8#8&.<]\<5S32R.27D=L]=S$YH$L@# 22 -]X;C\WU]:+H
M.9=C5U:V338PMH,VUVN-TF=_RGNI *G/X&LBG/(\AS([.?5F)/ZTVDQ,**KR
MWB1\+\S>W053DN))<[FP/04TAJ+9?>YBCZMD^@JN]^3G8F/<U4HIV+442M<R
MOU<CZ<5&6+=23]3244#L%7=$_P"0W9_]=15*KVB?\ANS_P"NHH!['H5%%%2<
MHH9AT8BGK.XZG(]ZCHH L+=#^(8J575_ND52HZ4#N7Z*JI<,O!Y%3I*LG0\^
ME Q]%%2PP^8CNSA$3&6(SUZ#%,:U(J#TJY#ISSHK)(,,P&2I &?Y]*06'R"3
MST$9"D/M/.3CI]118?*RS'>P)(C;\(#'L0+S'C[U5;>[6*>61P[._"N#@J">
M3^521::WF$,<B-PKJ <8W '!_&@V(S,R,CQC< 3D;2"!_6GJ5[V@XRVXFN+B
M.8"5F(C#@_*#U;IUH:6*=I2)0&N%6/!!^3&,D_E4#V3K>+; Y=CP2,#_ .N*
M$M%D&Y;A2F\(&*GECVHU"\BS'>PPW!N=VYBBH8P.A&,GZ8%-2X@CMIK82[A,
M6._!PO3&?RJ(Z<RC#2H)-NXJ<\#=MZ_6B33WC8J6'$BIRI')ST]N*-0O(CNY
M4DD01G*QQJF['7'>H*N'3]JDO.BX&XC:3QNV_P Z'TR2-27DC4@G )^\ <46
M8N5LIT5;?3V03$2A_).U@JGK_A[U4I6)::!6V-GMWJ4U":DC;/RT" TA%/(I
MIH VO#&H^1<FTD/R2\I[-_\ 7KK,UYP&*,&0X8'(/H:[O2[T7]C'./O$88>A
M[UI!]#KP\[KE9=HI*6M#I"BBB@ HHHH *AN;B.TM99YFVQQ*78GT'-35PWQ.
MUC[)HT>G1M^\NVR__7,=?S.*3=D*4N57/.-7U.36=6N;Z7.Z9\@?W5[#\JJT
M@IPK \]N[N**9.^U,#J:D'3FJCMO<GMT% A *=2 5M6^DVCZ8ES-)<;S;/<E
M4VXPK[=HSZYZT#2N8U:UOK$4%I"&27SH+>2W501Y;AR?F/N,]._%6I/#21/=
MJS3;85>2-R5'F*H!("]2<'&>F:E?P_':22QB61O-M_,W-&O"EU4*<]'&><=/
MQHLRE%H?/XBM;34KS[,9;B.XEW/(<':/+V_)GKU[_2J$FM0RQ10S_:;B);E)
M6+$(615QM&WI[5-/H%FHD6*:YW@W 7>%QF'KG'K^E/N-%MY+VY6:26*1KA;>
M"0!51W.,_*!P #R?IZT]1^\R&ZUNTN+)[589HT, B#*JCD2%QQGISCK4MQXE
M@GNQ<^3,'BDE>-,C:^]<?/\ 3]15&\T^SBOK:"VN9'$DOE2;D(*?,!G) S].
MU7&T&S6.YF\VZ\JV,ZLI #.8\<CM@Y_"C4+R$_X2-!<3R)Y\9D>%E8!6*A$*
MG@\'.>GI56/4K6/6)KF.!X[:2)XBD?5=R;20.@YYQ6C8Z#:?VI%%(9I!$\#2
MAL;)!)V!]LCZ\]*);*SFM+F^DCF<R6K2HHVCRB)=G  QT]J-0M*Q0EU>%[21
M52;S9+5+0JQ'EA5(.X>YQT[<UDUHZKIJ60B>U9YK>0'$V002,9XQE<$XP:SJ
MED.X445!<7(A&!RY[>E"5Q)7))94A7+G'MWJA-<O*<?=7T%1.[2-N8DFDII&
MJC8***LZ=IMYJUT+;3[:6YF/\,8SCZGL/K3*16H +,%4$L>@ R37I^@_!V1]
MLNO7>P?\^]N<G\6_PKT32/"^CZ$@73K"&)A_RT*Y<_5CS5J):IMGA6F>!O$6
MK -;Z7,B'H\W[L?K736?P9U:4 WFH6D ]$4N1_(5[)BBJY4:*FD>90?!6S '
MVC5[ECWV1JH_7-:-E\(M'L[J.X%U>N\;;AE@!G\J[RBGRHKDCV.;;P39G[MQ
M./Q!JO)X''_+*\;/^VG^%=912Y40Z,'T.$G\'ZA%DQ&&8>@.T_K67<Z==V9_
MTBVD0>I7C\Z]/Q2%0PP0"#V-)P1#PT>AY117H=]X;T^^R3"(I#_''P:YC4?"
MEY9Y>W_TB(?W1AA^'>H<&CGG0E'S,.CITZT$$$@@@CJ#14&1/'<8X?\ .K<4
M[1!MFTJXY##(-9M/CE,9XY'I3!.QK#4+A<8901@9VCMTJ+[5+Y(BW#8  !CT
M.1^M0*X<96G479?,RT=1N"22ZDGOM&>N?YTPWL[9!90""" H .3DU!11=BYF
M3/<3>9'(3M*#Y,#  ]AZ4HO95)(\L G=@(, ^N/6K9G22),21"00!4W ?*P/
M.?PJ(- ;^5D=$0+E>!@G'.,\#O3+L^Y"+BX;!Y;*F/[N<C.<4HU"<8P4P,;5
MVC"XY! K1%W!'*HBFB6)97XP.A7@CCIFJPEC+1+YD2E(LMA5^9\^N,=*+#MY
ME5KN5P0S [EVGCJ"<_SITEW,Y(EVEMQ.6094]\>E6KB2!23:O"JB0LP(!+#C
M&*K7[B2^E<,K!CD%?2AW)=UU&_:Y=TC94/)G<VWGGK4%%%(FX4F2&!'6EI#2
M$3YR 13#21-U7\J>13&,(K9\,7OD7K6SGY)NGLP_QK'-(KM%(LB'#(=P/N*:
M=F.$N629Z/2U7LKI;RSBG7HZY^A[U8K<]).X4444 %%%)0 M>'^,M5.L>)KJ
M56S#$?)B],+W_$YKUCQ3J?\ 9'AV]NE.)%CVQ_[QX'\Z\+'UR>Y]ZSF^ASUY
M=!PIPIM/%9G,1SMMCP.IJN*?,VZ0^@XIHI"%I_GRA-GFOL"E-N[C:>2/IFF4
M4 6!J-Z 1]KGP3D_O#S_ )Q31>7(! N)<$EB-YY)P2?T'Y5#10%R7[5<?\]Y
M?XOXC_%][\^_K3VU"\>(Q/=3-&QR5+D@FJ]%%PN3M?7+W$4TTSS/"04,C%L8
M.:==:E=WD\LT]Q(6DW C<<8)R5^F:K447"Y-]MN@D:"YFVQ',8WG"'MBA+RY
MCQLN)5PI488\ G)'TS4-% 7)WOKJ4,)+F9PR["&<G*]<?2H**AN)Q"GJQZ"B
MP;C;FX\D;5Y<_I6>26)).2>]*6+$ECDGO251JE8*2I(HI+B9(88VDED8*B(,
MECZ 5[%X&^&L6DB/4=:19K[[R0GE(?\ %OY525RXQ<CEO"/POO-95+S5R]G9
M'E8QQ+(/_91^M>O:3HUAHEH+;3;6.",==HY;W)ZDU?HK1*QT1BHB8I:**904
M444 %%%% !1110 4444 )1BEHH R]4T&TU0$NOES=I$'/X^M<1J>CW6E28F7
M=&3\LB_=/^%>EU%-#'<1-%,BNC#!5AP:F44S&I1C,\KHK>U[PV^G9N+4%[;N
M.IC_ /K5@UBU;<X91<79CD<QMD?B*MHX=<BJ5.CD,;9[=Q2$F7:*0,&4$=*6
M@9)#"T[%5(&%+%FZ "KDFF;MH@Y)"G<6X^[D\8JG#,T#DJ 0RE65NA![5,VH
M2/@,D9 P0,'C P.]4FBTXVU$6QD=05="3NVKDY;;UIQTR=2-Q1>"3D_=XS2O
MJ+NBG:OG9<E\=-WI49O7+E]D8=@59@.6R,4M ]T5K&58FDW(8P 0P)Y!&1_D
MTHT^1E#AX]FTL6R<<=>WO2)?RQXVA 0@C!QSCI]*<^I32(RL$ 8$' ]>O\J-
M ]T<=-ED(,:@+M7DMD$D9].*@FMG@5#(1EQD >G\ORIQO9'0)(D;J   PX&!
MC/Y4ANV, BV)L&3C!ZXZ]>#1H#Y>A!1112($'!S4V<C-0FI(CE2/2F &FFGF
MD- '1^$[O*2VK'E3O7Z'K71UP6DW)L]3@ES\N[:WT/%=Z*U@[H[J$KQMV%HH
MHJS8*2EI#0!PGQ*O\1V=@IY8F5Q[#@?UK@##&_51GU%;OC&]^W>)[L@Y6+$2
M_AU_7-8HK"3NSSJLKS;(&LO[C?@:ADBDA0LRG '45H"F3M\H7UJ;F?-8Q!3J
MT6ACD^\HSZU"]D#]Q_P-*XU-%2BI'@D3JA(]1S4= PHHJW#:H1N9@WL#Q0#=
MBO'$\IPHS[]JEDM?+@+9)8=:N  # &!01D$=B*1'.9=%*RE&*GL:2J- HHHI
M -=PB%F/ K+DD,KEF[]/:I[R;>_EK]U>OUJM5)&D59!2HC2R*D:EW<A551DD
MGH!25ZS\+/!0AC37M2B_>N/]%C8?<7^^?<]JI*YI&/,S7^'_ ("C\/6ZW^HH
MKZI(O0\B '^$>_J:[@"@"EK5*QTI)*R"BBBF,**** "BBB@ HHHH **** "B
MBB@ HHHH *2EHH :RAE*L 0>"#WKB/$?A\V#&ZM5S;,?F4?\LS_A7<4R2-94
M9)%#(PP0>XI-71G4IJ:LSRJBM37M';2;S"Y-O)S&?3VK+K!JSL>=*+B[,EMY
M-K;2>#5JJ%6X)-Z8/44AHDHHHH **** "BBB@ HHHH ***C:9%_BR?:@"2A#
MM;/X57:Y)^Z,?6H7=FZL30*YHO*B=3SZ"H'N/[J_G42G* ^HI#0,1W=^K'\*
M]&T6[^VZ3;S$_,4PWU'!KS@UUW@FZW6UQ;$\HV\#V/\ ^JKIO6QMAY6E8ZBB
MBBMCN"H;N86]K+,WW8T+'\!4U87C.Z^R^%KP@X,BB,?B<4"D[)L\EDE:>9YF
M^](Q<_B<T"F@4\"N8\JXX5!,<R'V&*L#BJA.6)]328F.HHHI$A3'B1_O*#[T
M^B@95>R!^X^/8\TD-O(DREN%]CUJW10/F=K!2%@N,D#/'-+4,\'G #=C';%
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MJ !#B05.15?H:L&@:&&F-T-2&F'F@#T^PF\^PMY?[\:G]*L5D^&I/-T"U/\
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MC&.U1.-T95*?,KG,6?A'Q;/I\$EOKHCB>-61?-<;01P.E>EVR/';1)*VZ14
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M;X('^CW9_P!L#]*ZBN;\$IC3IV_O2_TKI:WA\*/1H_ A*\P^(D6SQ'&__/2
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M3J1 Z_9I_P#T6U:WPS=4\:6NY@-T3@9[G;6MX2\#:UI_B.UGU"R5;4!UD/F
M\%2.GXU4UGX;ZSIMXTFE+]JM]V8FC?;(GIGZ>HKIE4A)N-]T0DS:^,##R-*7
M(W;W..^,"N.DM"_@&VN\<1ZC(F?8H/ZBKL7@7Q1JUVOVN"53T,MU+G:/S)_"
MNYU;P6T7P^_L73@)[B-EE!8XWOGYC[=ZS4XTHQA>X[7;9Y3+=W&HV^GV'40
MQ1 =RS9_K6_X[T3_ (1W6;!K<!%:WC*D?WTP"?KT-:7A3P!J]KXDL[G4[58[
M:!C(3Y@.6 X&![UUOQ!\-7/B+28%L45[J"7<H9@N5(P>?RIRK151); HMH\S
MT.5]8\<VUS.!F6Y-Q(.WR_,?Y5V'PK0W>H:UJ;]99 H/U)8_TK-T'P'KVG7-
MW<36L0?[)+'"!*#EV&!].IKLO &@7/A[0&M[Y%2XDF9V"MN&, #G\*G$5(\K
M47V'%,J?%.[^S^$3%GFXF1,>H')_E7(:1:>=XZT"QQQ9VT;,/0[2Y_5JZWXA
MZ#J?B'^S8+" 20QR%IB7 QG _EFL/5-!\2Z/XSGU/0[03B1<1R8# *0 003Q
MTJ:32ARWUU"2U/2-2NELM,N;EV"K%$SY)QT%>#?,/"I//F7U]^)"K_B]=QJ/
MA+Q9K]A+-J^H(9%4M%91'"LWH>W\ZS;GP+K\6DZ4;>VB>6TW221&09WE\_0\
M 4Z/+!:R"5V>IZ;;BSTRUMEX$42ICZ "O/='/]K?&&^N/O):A@#Z8 4?KFIS
MJ_Q N(S"ND0PNXQYN -OO][%;/@?PE)X<MYY[Z02W]T<R%3D*.N,]SDY)K)+
MV:DV]65N=72TE+7.4)6=KVI#2M'GN,_.%VH/5CTK1KSKQOJXO=1%G$V8K;[V
M.A?_ .M4R=D8UZGLX7.8)))+')/)-%%%<QXQ8LTRY;L.!6K:1(8;F>1-_DH"
M$/0DG'/L*I01^7$H[]34\,TD#[HFVDC![@CT(JD=$%9%U=/:X03.(;:+ PRM
MD,2>O7VJ&[M8K>WMRDA:20-NP,@X)&1^5+'=W<LBQ1E6)7:L>Q=O'/3]:BGD
MFV+#,RX7YE'&1GGJ/Y4[FCM;8EO4MUMK22W1EWJVXL<EB#C-7HM/MYKNXM_+
MVBVVG<"<R<<@_7M6<M_+B,,(V6,$*"@XS_G\Z3[?/A!YV-I!! &3CID]Z=PN
MBX(8#I7]H>3'N^[Y63MSG[WY54OX4M[QTCR$P& )Z9 ./UI/M\^[=O7 7;MV
MC;C.<8Z=:CS)=7'+;Y9#G).,FDP;3V&44F>M+2("BB@T *@S(*F-10CYB?2I
M#^M T---(W<#J3@4XU8TN#[3JUK%V,@)^@YIC2NST>UB\FTAC'&Q OZ5-2"E
MKH/405'*@EC:-ONN"#4E(: /&;(3Z9KLEO#:0W-PLC0I',NX9SP?K73F#Q!<
MADO=5M=/15+&*(@,%'7Y5Y_6LSQC"VD^,/M<8QO*7"_4=?Y?K3DT<C4#?W.I
MVNFFY8LD:2>8X#]N.W-8['"DTVAFJ);7&B(]G?37OV*3:\DB;>'YXSR1D5S,
MXQ)GU%=:=+TM?M^G6L5\US!$S-/+\J!EYZ#CFN5F&Z,'TYJ9(RJ7O<A%+2"E
MJ#$*U=)OXK6UDC>Y>!FN(Y"54G<JYRO'UK)K6@T$W#QQI=+YKQQRLI0X57.!
MSW(STIHJ-^A=CU>RBA;RW(<NLB)*A98VWDD8'&,'MS2/K%JJ2+:R!'+[F>9&
MD$F5Q@<YP#TW>M9\6D![1KF2Y"1JLC'"9/RL%QCW)J>'3+:&YNX+F??)!;N[
M@(<1L #D<_-UJM32\A][JEO-IES#%,X$HA\N#8<1;1\WM_C3H=6M(UB+.WEJ
MD2"W"<1LK L_IV/N<U7707>66-)2S(F]3Y9"L"N[D]CCMS3QHAC+KYB2AH@R
M2E3MY91E"#S][O2U%[Q!J=^E[!'\[/*DTK98=$)!4?\ UJSJUCH.6;R[GS$1
MI%<K$=V4(!VKGGK5"^MEM+V6W283"-MN\# /K29,D]V04UE#H5/0TZBD29;*
M48J>H-)5N[BR/,7J.OTJI3-4[FGX=UN7P]K,-[%ED'RRH/XT/4?6O=[.[AO[
M2*YMG#PRJ&1AW%?.M=I\/_%W]CW0TV^DQ93-\CL?]4Y_H:TA*VC-Z-3E?*SU
MVBD!!Z4M;'8)BC%+10 F**6B@!,4 "EHH 04&EHH 2C%+10 F*,4M% "44M%
M%@$Q12T4 %%(:JZA?0:;9R7-PVV-!^?L*!-V5V9WB?7%T;36*$&YERL2_P S
M^%>7$EB2Q)8G))[FKNK:I-K&H/=3< \(G9%["J5<\Y79Y&(K>TE=;!4MM'YD
MH)^ZO)J( D@#J:T(8_*C []34HRA&[)***D@@:XDV(R!CP-QQD^E,W-#3;F&
M"./,J1L'8RY'+C;A<&GB>U9'0-&H*I@J/F+8 P1CD9S52+397FBBD>.)I6P%
M9OFZXSC\*233V6V$L95P-Q9E?((! X'7C-5J:)RML:4\]K#=RI,86D$C^45&
M!&,8 .!Z_E4*7L&] Y@&Z;][L7(*;<=2/6JO]DW0RS*, \X;G Z_E27.G20S
MR"/!B4,P<MV4X.?>C4=WV+?GVK"%A,D;HA 5 "O08Y(^4G\:=)>6?VF(1-'Y
M)D=I/DZ@@8[>M9J64T@0JH.]#(.>P./YU,NF2EY(=H,RLJX#<*2<8-&HKOL6
M3>6X\CRTMO+7;\LF<@@<]N.>_P!*H7IC:[<PN70XY/KCGZ_6I!ILQQ\T6PCA
M]_R]<8S]:KRQM#,\3$%D.TX.1FDQ2;>Z&4&BD-(@EC&(\^M;\]Q;6MO;XM[6
M>Q=0K$?ZT-CG\:R;6V:ZN$A0A>"2S=% ')J2[TX0VPN;>YBN8-VTLG!4]L@U
M2-872;L3OHP\QI$E+61B:5)@,\#^$^]3^#[?SM6:4CB*,G\3Q_C64E[/#:S6
MR2$0R_>0_P">*ZSP9:^5ITMP1S,_'T'^33C9LNFE*:L=%2T45L=P444E '&?
M$BP\[3;>]4<P/M8_[+?_ %\5YT.N>]>UZO8KJ>EW-HW_ "UC(&>Q[?K7CEI8
MRW5\+3?'#)D@M*VU5(ZY/X5E-:G%B(>\F7)]=U6ZLQ;374K08QC;C</<XR:H
M8W CL:[S4-<M;".VN&OI+D/&%$%ML$99>"22,@&N4UG6&UFZ69K:& *NT",=
M1[GO422[F52*MJ]3%Z$@]J*?.N'SV:F5!@!J_-K5Q(D*1,(5B1$RG4[>A)Z]
M><4W1U5]:LE<*5:900W0C/>M:.[LUEC,]U$9XBP9T0!74OPN=O89[>U-%Q7F
M94E[?W$.UB3&\;X"H "N<MT[9')IC:K=.C*TP(9"C':-S*1CD]3QCK6W_:T
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M]HNWGLKIO]:(H]Z.?4>AK%HIIV*C.RL=3H&HV-KJT-KID#C[03')<S??/'&
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MU-6J6BMCN2ML%%%% PHHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M$KG_ !-X5@UZ(R1XAO%'R2X^][-[5T%%)JXI14E9GAU]8W&FW;VUY$8Y4['H
M?<'N*A!KV76M!M-<M?)ND^8?<D7[R'V->6ZYX>O-!N-MPN^!CA)E'RM]?0UE
M*#1P5:+AJMB@@+L .]74&U0HZ"H84\M>>IJ4&LSED[CRH<885"\17D<BI0:4
M&@SL5LTN<U,T:MST/K4+(R=N/44A6"BDS2T %%%% %G3;I+'48+F2,R+$VX*
M#C)[?K4$LC3322O]Z1BQ^IIM% [NU@HHHH$%;5O/#;Z7:&=T,31RAX=N6D.>
M.W;ZUBT4T[%1ERFY_:-N)=_F029E+1!D*B./:1MR!P<XZ9Y%+_:,"B-8KD/'
M%/(VV<'Y@0,'('8YYK"HHN5[1FDDULNJSRK<N$VGRW;JQXX)QQWYQ5RXU&R:
M?9$R_9F\[>H3 )(^7MZU@T47$JC1KZC>P3:?-%%,&5ID>*()CRU"X(].M*=1
M@.J6,G[L1Q1QAY-AW A<$5CT47!U&;2ZE;0HKHR,BI&$@V<HX/S$\=QGZYJ7
M^T=.A=/L_'DR)$C%.L6X,S'WZBL"BGS#]JS;MM5MEFN6E2)5:Y1UV1\LH8DY
M_ T17=O!9&"&[C68QLHD"'&3(#Z>E8E%','M&6]2:":[DFMF79(Q^0+@CIS^
M/)JI114F;=PHI*,T"%S2<G@=:>L1/+<"I554'RC%"'88D/=ORJ3H.*":;FG8
MI(GMYMC;6/RG]#5O-99-6[>?>NQOO#I[B@TA+HR<FM'1]$GU>4;<QP*?FD(_
M0>IJ_HGA>2\VSWP:.#J$Z,_U]!79PPI!$L<2JB*,!5& *TC"^K.RE0<M9$5C
M90:?;K!;H%0?F?<U9I*6MCM2L%%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 E17%O%<PM%/&LD;#!5AD&IJ* . UWP5);;KC
M2\RQ=6A/WE^A[URN-I((((X(/45[36)K7ABRU@%V7RKCM*G7\?6LI4^J.*KA
M4]8'F.:7-:&K:!?:,Y^T1[X>TR?=/U]*S<UE:VYPRBXNS) :7-1@T[-(FPAC
M5NG!J-HF7W'M4V:7-,+%7.*7-62%;[P!J,PC^$X^M(FQ'12F)Q[_ $IO(ZC%
M "T4F:,T +129I:!!1110 4444 %%%&:!A129HS0 M)F@!CT!IXA8]<"@!A-
M !8\ FIA$HZY-/''2@+$2PG^(X^E2!53H*7--)ICL.S3<TF:0F@=A<TF:3DD
M <DG  [UTNC>"[N_VRWVZV@Z[?XV_#M32OL7"G*;M$P;.RN-0N!!:1-)(>PZ
M#ZGM7>:!X/@TYEN+PK/=#D#^%/I_C6WI^FVNF6XALX5C0=<=3]3WJW6T8);G
MH4<-&&LM6(*=115G4%%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M2B[M,M2VL!U72;RS7RX;V17\L_P,&&<>U6[21!X@\0.Z;T$4F5)QD ],UDW
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
0B@ HHHH **** "BBB@#_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>image_010.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_010.gif
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MG198E(&]/,]&]^A* ]5#-=!AT '\,I:4_"6Z/HV#?X$@A5T66)4" D!90K"
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?)IAQ#:U40M(X<())B8F8'Z@E2L9)AEKPC9Q]" ( .P$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>image_011.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_011.gif
M1TE&.#EA"@$" '< ,2'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "'Y
I! $     +    0 * 0$ @         (/1(ZIR^T/HYRTVHNSWK$  #L!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>image_011.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_011.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  X G # 2(  A$! Q$!_\0
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M<J03SD'##H1FO0P,#% &5_PC.@?] /3?_ 2/_"C_ (1G0/\ H!Z;_P" D?\
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M1#,MHLZ2Y;)&"%&W'I&/6K5ZGB+^U9I;:TO?LV61E^T+F1!,C97Y@%)CWA>
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MUPWWPJ+[@N?2G3V6O?V5JJ@ZH+\+(D1BF01N#+F,Q\Y!"8'..,@YX- '1_\
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M0!H7,/A.TU2:PN-"LHWAM?M;RFRCV"/.,Y SU!XQ6H/#.@$9&AZ;_P" D?\
MA7/ZEIFH1>(-4GLHK]@^BM!#<"7)\[<S *2<CJ.>E'V?7/[2-SMU' N+(JIE
M^0)MQ-\N[&/7/?D4 =!_PC.@?] /3?\ P$C_ ,*/^$9T#_H!Z;_X"1_X5FZ
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M"<<T =U16#X<T&?1GNA<7)N5#>7:.[%G6#)?#$]3N9A] M;U !1110 4444
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M>[Q^[$[E4SZD@$US<^AZK/X7N=/^SVB7,UPDI8W!;>0ZNSLVP<D@C & ,=J
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>BBB@ HHHH **** "BBB@ HHHH **** "BBB@#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>image_012.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_012.gif
M1TE&.#=A< )U 7<  "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P
M    < )U 8?___\QA$I[>WO.SLZ]O;WFYN;W]^\I>T+O[^_6UM:UM;4IA$+%
MQ<4A>T(A<SK6UMY:G'-SG(1*C&.<E)R,E)1SK82MI:6,C(0ZC%(Z>TK6Q<YS
M:W.$K92MQ:VEG*5KG'.,O:6$YDI"YK6UYAD0YK49&1",8Q!:6E*]SL528^][
MYJT98^\9I3I28\498\49I1"]ULY[[]XZ.CJUYDI"YN;FWD(90A 0YN;FWA#F
MWG,9YCH9YA"]8T*M[WOF6J5[G.]*I3KF&:7FG*52.A"]8Q![G,5*I1!2$!#F
M6L[F&<[F[^:<O:6$>WM::VMC:QE":QGW]_^]SK7FWJ5*YCI*YA"U$.:U$*WF
MG,Z$$.:$$*T0:QF$I9PI&3'6YMZ$M1D($ B$E!ESYADI.CI2.D+F6N_F&>]S
M>WNUYJVUYN^U$'.$$'.,$$*,$!!2$)Q2$.\9$)P9$.\9[V-2$'-2$,49$',9
M$,49Q6-:6F.UI<ZME'NU<^:UI>^U,>:U,:VU<ZV$M4I"M;7FG.^$,>:$,:VU
MM1F$<^:$<ZT0M;6U4N:U4JV$E$I"E+6UE!F$4N:$4JT0E+4($$*EM:TI8YPI
M8W.,SMX(8YP(8W-KSMY*[V.]$$)[SGN]$! 0G&-*Q6.4YAF]6G-2<Y3F:T*U
MM4I"M>:U,7/F*4+FK4*$,7-C$$+F:Q 0M>;F*1#FK1",,4*,,1",<T*]O7OF
M:W/F*7/FK7,(0D*<6G-24I3F2D*UE$I"E.;F"$+FC$)"$$+F2A 0E.;F"!#F
MC!",4D*<O7OF2G/F"'/FC'-2,9Q2,>\9,9P9,>\9[X12,7-2,<49,7,9,<49
MQ82MSK6<I9Q*[X2],4)[[WN],1 0G(1*Q83F_\[F_T(ZG'OOWLZM>W/FQ>_6
MWLXZ8TJUQ>92G&/FWN\(:TKWYN_OQ<49A!FUI;T0<SJ]M:W>[^_O[_<I:TH9
MA$KOWN9S>VM[A'NUQ<[%Q:WO__^UM:4A:TIS>X3FUN;6UL4I>TJMO;T0A$+.
MQ<XA>U(QA%+%O;T(_P !"!Q(L*#!@P@3*ES(L*'#AQ C2IQ(L:+%BQ@S:MS(
ML:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-FSASZMS)LZ?/GT"#"AU*
MM*C1HTB3*EW*M*G3IU"C2IU*M:K5JUBS:MW*M:O7KV##BAU+MJS9LVC3JEW+
MMJW;MW#CRIU+MZ[=NWCSZMW+MZ_?OX #"QY,N+#APX@3*U[,N+'CQY C2YY,
MN;+ERY@S:][,N;/GSZ!#BQY-NK3ITZA3JSZ(H&;KUCQA(Y2]$@&"![1G$B"P
MNO?*"3(N,+P0?"3P$S*0GQ# VR:Y)B<>(!0@HSE*!!::R-@NHXD' RUS/__@
M(B.W[_,AFY3@XDTA 2Y?-HQ4+^/.">0E2@A8Y_'"B8H(R%#"  @):)U)! A8
M0G+X+1C/2@_(0.! 76QG'GH8<O0.%R7\EY!Z)9@QT@8E3" 0%.J<(Z!P'6G'
MWT0!<C&A00*>@U(D'#;!#VP(#$#B.RL14,*![EB8X9$>-4$>%_H@9,&20(HD
MP!<>%&3!@B]N-$83 ,I@@W0'R2!&.B<-P"&+!L4CSF\#$A1A>4C&J=$[,E!@
M)(TR7"D?0;=Y Z9!#PSPIYL#S"@0B282-(\,[!44J#<7"M3C .:MDYQY!A3:
MQ4*,\H/0&"4T.="DD0:Z9D$(O!CHA>J)V! "X '_L"J?&E!:D!+FP0IHK%,^
M&&N%</8XJ)S$.J2D-Q=0:= $)5#P0(BC L>A# +0-@!W7)P@JJS:,9IGK&8H
MZ^:=  R '!?DH3G0 ]1-VX0[DB+G[7;-18/M.\..NIVA!#%JG;1>;G"J0,#9
M0%X3?P8H''$E LHHOPA%:*( !EL@T -TKD>M$O'".5 Z7,!3$'4/6+ =>6,4
MIX2%#&<+<;$P&[2!#+B1QS&%VQGP;)3KG-#A!!Z<\$43L%TKPP116'#"&*_Y
M? $!D= ))J(%1=/A0#AR(4 T%/A\@FP1=AC-!"32#  "$W0+SP4"M.=!AQ80
M )RZ!!G * ,(?5-") )1_]!A)'+7.1 \)8R1#@-VFGUV<A=P<4<3%ENY8*P+
MK=P$/%QLH"T &@C8Q-CT35U"Y )-Z3$ 1<I@  $"?,/%.VQ'@_IVR%TPP3L+
MYAOS[@ @UUZRZB9KX@#Q#72!C0.-P07> *AG:*P3?)&HI .%._T#$Y '9H0V
M&+K!%VB>P 7I %SIX>+G V"I#%G:-IN7&A3(!6\(D,<G% )=Z:I  Y0098PR
M: ]"F,6EAA2)"V,0( #(H3?D$:P$!132_@+$*+X))!(E0-/W%"@K1@E@'@.A
M&N]&*) -$<AN7(B?K,C3FO[M;UFC$XAZ#F0\Z2%D0\D9PPE<]XT9,8L)!5''
M=O^DT[_T"<1GS8E0^NIW.H6@\&4 8!29'F #&1P$"J[+#1.X(!T46A AA!.
M0:!0J#*2 P K&Q)!A%1 @HCO'XOS&(Y,MB< "*!- F'"%PRULB;JXPMB).$(
MCY4__Y50C0! 0?$08C4*%#(XPS)3R 9 N4.5X!O0X5"5W%@"3Q7$9P2*'MT
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MO.0G3_G*)X3L6B>[Y3=?%S__O'SVX$TZ+D Z I ^Y$<NW],XSWJXQ,T .J,
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MB:,(#8'H$Y;(B62H#ASP 1)0 1A BQ40#A @B[98B^'  4#1BJZ8A08  AA
MC"#0BQ_P 14@ 2# C.%0 1\  =#PBRX8C%D8!1_  ;WXC-%XB\2HC="HC!&@
M>0 R 9]W#M@W *O'/Q1 )EU@CJUA>BXX !1EC6,X -_XC+EXBQQ0C-RHC!*P
M!&$G$180"=P6"1;P !2@>WXF'0VYD#\7-RSE9Y$"C/9(? B0C<B8C1!PC."H
MC!4  14  AS!2P3"(A> , # @SA(( MG,>QR ?R!?7A& .Z@! __@),ZF9,\
MN9,^V9- ^9-"&91$.91&691(>91*F91,N91.V910^912&954.9566958>95:
MF95<N95>V95@^95B&99(^0$8$ #AL  2X ]GF0%KF982$ !Q^0$(T'8 \@!,
MH'L"<0% U)(XN"GIT 1X W,*R( 3L!OI@)@$< Z)20")R9B*"9F.N9B-^9B5
M29F1>9F2:9F9V9F3N9F8^9F:.9J>R9FB69JA:9JJF9JL"9JN29JG&9NK^9JH
M29NRV9JP.9NYB9NUN9NVJ9N]&9RW^9N\.9R^>9S""9S&F9S%J9S.V9S029S:
MYPT2T  9T  !L  !L)W;>9T9L  +T  -_U !#]!M%X%[PO&.SD)*K3$!\6..
M9-)2)G*$"6&1%]EZ"! .V-F=V?F=&;"="_"? =  '[ 1V#,!?',.YJ@$R/)E
M44  "HDT:#,!%C /!-"$@X9GU7B?P_< $O"= 0"B(*J= OJ?X\D1.$DA/-)"
MP"0;FW(Q VF?'+IY"( ! =J? /J?WWFC UJ@)Z%V#B&C,UIY2E"=W$FBVJF=
M(4JB#E !O[B*0XJ%^>F? >H/57JEW$F@Y(@30AJEDO< &+"?_;D _K"D2VJB
M3OH3;NBE63BE <JC VJE(+J=6JJF&\JFE*<$&/"=9?JF)4JF_GFB:BJ)>#I\
M"%"=_FFE<IJE6?_Z 5MZ$UU:J(WW /J9HV8*I__9I+^XB9+*>H?ZGS=*IE?J
MG_WIJ';:J</7!>'@ %GJ#WRZI%8:HIIZJJCJJ48*IZ&*HSU*C;7*>D6JHTA:
MI@W@JME)IVG*BO78JY#G#OJII#@JH,]:IZQXI\JZ>%T@ 0=PIDFJK;$ZJ]-:
MK9:7G];)G64*HHMJHJ;ZK>!*>93*JMK*K4HJJ,BZKI17HU3:G[$: '(:H!F0
MKAMA*[J7>SFX+FV&'?IP1@Q9G]1*KX97I/L)J$@*K-GIK1I! /\!A0SP  JI
MCM*A! NY@-$@-U'0@ QP 16YL Q+>&X*K'(:JSQ*H!PQ !Y@(JR#-P/_R!L^
M6#X"4"5^9K*DQ( .2 #T.+1"6[1$>[1&F[1(N[1*V[1,^[1.&[50.[526[54
M>[56F[58N[5:V[5<^[5>&[9@.[9B6[9D>[9FF[9HN[952P /J@]N2P!P^[9Q
MJP\/.H?IX \/^ZZONJ0?4(@4@3UR=39RE0ZI=Y@X*!T6BS<#8 :)P@28MBX)
MV8*46[F6>[F8F[F:N[F<V[F>J[G>$ G7:9WBF0$.<)VG6[H'4 _A4"C\<)8A
MJK?ZJIW[*J -( &V@A%1< &T!B91X $WZ+/K.3:\(3<F H4*F[)\!P,#JJW.
M^J;8Z0 ^^JG."JRO"KV^R!&[85D>< %*P  [_RBT_^ -%& !Z:"0%G!D^C V
M\XBRRCMU41"B )JC<+J=THL_XGJC([J=BTJG/KH1=2DK W J7KB]#R! /0(>
MPJ(0D?J^-!8%V(F=I!JO\IN=X8 _7;"GQ?JFKOJFS7N=QUH2YAD1#>S HH4"
M%3R_*=R=!/H:S9JH-]J__ONH-C&')HQW44"E?"JB9AH T@MI'WJD("JF\FNZ
M(<P3)7S#@A0%>JND+[O!)AH.KX&HH\J=I.J_O*K$=8<"$FRF)=K#=:JJ>[O#
M3CS$1[P3@*C%=1>_ AJJ;:R_+7PVE<JCLKNH^NNO2 RX:DQU7-R\BBJBHIJ=
M<:RG&<"G8DJE?>K#9_^L$TF\QS'#QD6<G5:JOR': %)\-M6)J>3JISU*PS71
MR(Y<+'V\K5WLLC.,.K#;G1%+ICDJKST1B:$<=VQ,R3EZKG$LKB8ZIK-[Q=+Z
MRG08RWQLG8%\KWRJG7%\K7,*JXA\HZZ,Q.X+S(\\R?=JQSIJR2Z\G_^YK_S[
MLGB,QL\,S<7"Q-=9IO#:P9V,RL3,RA.<J8N<$YH(SL&< 2T[S&Y\RW,\IQ[,
MHP':S8S\S? <)TPLIEU<S$MZS!]:O>I,S\WLS?^L;SD<R=M,S=8LQ\/JQG%:
MI?O9R\[<T)46#]BII#H,JZ?L#AK\G?W G:ILQ0O-R,G*T;L3OW[JK)+,S!G_
M<,GYB])7S)_G#, 6T!K1@'VFYT"F!Y-6U1H6L)#)Z]*] 0WA$(W1F(M0#=5.
M#0$HX&/72;\Z[*QU:J]73,$\3+$9$9CE0P#B\#1'=@'MH9!H$P43X X(N1OL
M4I$VB9/NP)-U3==VG==XO=</<-=]K==_S==^/=B 3=B"7=B(?=B*'=B,;=B-
MG=B/O=B./=F03=F27=F8?=F:'=F<;=F=G=F?O=F>/=J@3=JB7=JH?=JJ'=J=
MS0$.T  .$-NR/=NSC0X<( X($ GR&\,R?:X2D),:D,ECJJ/TZ[\9BA$LU=,7
M<'T;L"D4ZI?19R,QV1HT:1 #$++XE]W:O=W<W=W>__W=X!W>XCW>]V<!9B#3
M*)W>]OL!_W"AX*G,$'NOMYN8%J#! )K(KRJB$M#2$*&.?84]>_E!?GF.&S!-
M Y" >\F _JS4F#&,1*S>Z=T 2R 0D*RO'YW+BWK+$L#)Z]R\6*P1,FL/^"(<
M!UJ>/CNP.V@Q%J /)@+@WK;@#&X9Y.#:*=W#R>P $PX 4= /'JS*Y/RJ!,H?
MZK"G@<S*PVK% ;K2%G&%%WID$?H CMD%3<@ \S V%M/D+ZJA,9X:!A -SPNJ
M/7RC..YC TK+9ZK2X7!&^2O/M%R_&LT1NG(VX'&%Y$ YLJ$$=BF$>KSEH&$
M-.[%'DREX9GC#SV_1!S3=?]*R+I,HH!NQ$_*YZ=!#B#PL&"NS=SI "292!RN
MRFS>J*TA#OK)YJ*>I,G\YOT,Z::! !R0K2-JSMIJNH1^TF-,ZA [R$;*K2)M
MQK^XYZC.&0BP!*Q:Q3QZTA-+Z/)KQ_,<J#8=ZL6ZK]0<HOSLSC#>ZX^AZNX*
MZ/E:T+%>Q! KK"A=IR0-R&1<K#NJY%S*W]3>X%Z^I*-JYF.>2,T+GJ!ZQ=5,
MEQ3=XW5<Q:8N[>DN&M:.TL%:K/OY[@_=QAW\X^]MT*#:P7\JN\::Q?T.&AQ
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MHL2("Q0RC-)O)&F$$"D?Q*CQ@?\$UOYJCPS0H,+FE;U],T30\L& =P0 1-,
M8$(Z !:,$VAB0:>]"QI[]O:ISX+S2!:T<_>^G4#W[^/#@R]/7KQZ].O/FT__
MGCU\]_'MU\??7C_]_?/]RP?POOX"S(\_ _\3\$ "!TP0P0(=9/#!!15L<$((
M*92P0@TSY#!"#PVT())S+$A'NW0^0*BTD%9$*,60WB$QDG<HF\BB%DNB#*,1
M*<!-I(\>6C$###P@P (,?,S (""5S$""<Z3Z+4J4]!$@N <\L&""IB:(0KDN
M #BG"08 \$: "1BR)R>C&$" G'F"@R*XC1"(4R,XY;S33CKQW%//.N?\,T]
M^0RTST'__20T4407/;1101\U%-)")U74T4@OI91122O=5%-,.?W4TTPM';53
M4D$M-=13146U559?7376.]=YTP $##!@G>#6B:8!BB@:#5C*'*@@. 0J\-6U
MUTKSI[(,%+H5F@9$&\@RB43#2!P$'L" -)*JS4U%8J&4,DHE<I()-0LH4 >
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M86<TGO.U,X ?+^7N1FC'U1(XN]TC'F*S1F+M;G68)N7'?9<:?FFW+O0G?VL
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M$KD6L!P#5.QDZ#.+YM8R#XYEY2>-XPI70$:J O6G8T[9P 74T:HBQJJ*W1.
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M0?^ S(A)E9J(S>:6#(N3*B6O"R+,T9.J*:5G54"=Z$POCG.LSLXN-2<-$"T
M[CD8[&*FI/S<SX18FY3;$I2(KO(A;9D(1%82!7->D>(#)OJ45ZF%<PP$[PVQ
M2QH!$E9GU146L:#U.\O(!<1(2XW,/F>[ >J.=RF-<3_@.-X]AHZ 49T+>0MY
M8QT3NM N7.^(ZZ-HT\7W2'SMX%\#L-9UY->44^YJ*)]&RMYV=:$ 6.4G_V,_
MW)95MF@=-?YHX];3DK3(2*)PB[8V0$4;<\13PI&DYMA,G=K(T62,*V*1]%>2
M'LD!$)B-$K!67\6H. ,.J'$Z+VOH:5,[8.>I#8^7"E?_!P!9R+ CK'MILEP
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MG_:IG_XIH :JH,ZIL]5#!A@JHAZJHB9J<J8#!G1AD?2-/V E/X24)L:4:W
MD;[19$*::4+H ,3#B"9C0I7H #0>YJ@@R& E PPC7VJ*/<0+YET.,VH.5J*
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M'2F%&JFN)*W6DOUT[VX9Q<>PL0#DSZI1:U05GB0"*.+QCR+S+*NAB.R\F=2
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MX&'_PD49"7MG@GD4^TLPP0@KS)X>!:#L+1\)DY'(R%ATZH$>>11MLL:PPO#
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M6^I\AG!*;<==5:Z,>C+.H:8/4%1;NY'R\%$.?;XY:6V;NI.X!.'V^=[SE!#
M@JPHH,""O2:X(#'./R.@\P>ZF,!TD@*M6/7566<)AG ^B%WVV6F' $P $L6T
MKG,S@!>  1;8LLS<B--HG5+#*?_7J,*/LHIG3W7B,$]%'9 ;@&X/JH@M[XC/
M )H0Q11>K>:6@J&C6@>#<;0=_T(LQZ=),YM%KH4=#%=D^V*6[*<[8_^O*",%
MMWHU#P,.F<UJZ-6N__#,5>QZE>",XQ$.U(M=US)<O,)U,[L(9S7W4L++7J.[
M@_@K/:&)& 4J<P$*1&P"$2/ Y2QP@0D 0 ,4F$ *+?0P G3!'4IX@ ^!^$,A
M!I&(0S1B$9%X1"4FD8E+=&(3H?A$*4:1BE.T8A/)!9S@;7%$7=PB.BJ @ >X
M(U$)>=NBC*,$<<AK3 :14U@TH(0&L0EF_3E(@0C00PU@0$/NPLA9,,  =XA#
M2G_DCW__!!*40;HJ<F:,#T\B(48*L&@TA>D1D 1@HP<@P%B4]!^+_J<$)70R
M?3/*#&8NX(TUZDAJJ&PE =1HEI^@!6B*NHH8:9.]L\R2.I'8) >*,KBNS))/
M%>CA ]($M#T1QSB;U$>=> *ANT@(CC[DSEFLY+/=?, =Z;% 7BC0D0LTP2$3
MB 0 ;JB8.[CE >\()P N@)6'>8  ];3G/?&93WWNDY_]].<_ 1I0@0Z4H 4U
MZ#USB2H-:K U9DC'"\W 'P2^ZB<?. <!*/"SX30G. V0P$,MP,>S+(\K=<I
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ML3)&EZ01U9P2!6FAK46HK,P\.MG4]/^5TC-**M)HVFM):6$%F!21DW@5) X
MK -[!^[2?UI5.#W!K#Z_?0@(O%2E^ S$=U&HX]$2QZ?&(2"Z='N;IMCR@?0\
MH DIH<  8FH!?3 @&G*,1#H&X $43&  /(X& V2,.GFVCLA%;AW(=*>]-04O
M&AV!0NXHNM*5!B5>8AIA])32)]GD2U+4I=?..N(IEG:%/E8AE9;X]C.T' 5,
M'5C.5LMDX)20PVF_NI7\E-7D][VH2,)ZC)!P"[\[/S5(S6*,9B!#&L<8!BL?
M6,XTI5P7 LJ&-O4*#D^UA15RX:8VJ4):!$M51NV-KZ?:BDX4YE/3##+.*5T
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M:^":#] ZR3",)#*V+RL( TCV[>W^IR,ND4.*;RE.Q/P:;+E61;W"I"JDZ=I
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M#,6K,N/P32A09'9GMZHB U9.'*++6ZBCX[:)L+!1)WFR-<FC FR)$N-&-C%
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MT.<EDA @&M[,TINVJRI@D]PA%P.=IX*' Q# ':#!O"!-S31"B-H0."UH)S"
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MBZ5<I$&*E^&B'%)H'50I;C9H2M]5R%O)/I>\@ /ZM)4>5(F6'&N) ,PCGT8
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M:2>G'7/JW\CL5IW'#].L@&J=Y @/N\0*KBB(CLO:?FF_GG)/]S5+CQ-NR/P
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M+S<JRJ7$50S%3<BC/VP3+*'#)((.*D-]4&S%6]PTAN(-SM7%2 S%30,!; $
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M_/@/D [%_N\&_^[G?@Z$=?0$D.VL?@[P< &6D0X6,/J3;P$4( "681>K/QG
M/@%-X.B280'Z< *[;NH>$ UWH/5SP0#B3O9"-P&J?_N1,0%BK_F+O@&%P?N3
MH20#( #!'Q=*\ [3'/V2,0$7, !, #:380#P0 !S7QFE/P 7@.OW;A?SCN8+
M[Q86P.Z/80#5[Q;KT/_\BG'V;_'VDN'];P$0%Q  (%C08$%O%PP2L'#08<$+
M! P*?.AP@$( %Z(1D%CQX 2)#YI$F3#08\$' @P F "RXTF"%CP $#G P@.8
M!!$P&6A! (J&.5DV1/".0#J<0B_@]' !J%  D280;!+I)M0+ P 0$& 3ZD6"
M&L_]PXIS0!.;)F$^@+<2G@4"6I6^S)ATK8"!*PE,%6HA:%B[)Q'@!0 %P  *
M4"WP!2QTISJ4B87N-4A!+DQR NPBP C5\V?04"F<T/K@ H5UCD]@]'D9IH4[
M$L4)L+ RITC"!,S0/4E AD3.%'-">4<XB@#>'BV<:/@@M5J8&YJX,Q XY[__
M$S,?0,\YX01.;Y\??)N)P#K,"TTTT"1H&R:"U?.V%X;JO;3[G B:;$!@_O/R
MD/)232#_/",@._8 P.\D 9K(:P)]OCJ!KP'@X<ZC!I/RX"^8W"%O)0V6P@HM
M@B;@\*0!5B/(M/,J\@Z%F!B#J8LF+C",,]="TW%'T!Y@$8 +/8+B 7VF,F >
MS[;+"DC/#'"' (4,"+(B!+H "8#4DKP( 2BF?$@=<2B L<>$O*02@6C2"<W'
M"]P!#0%W_ I-"=.46).R'G_\C)P'_NG,,S"7[!$LT+IXX,I!*3+S( 34D;._
M)$,<:%&#^*1,2L_,$Y'2@AJ5"4A.5S1-JU !(,>=_W\26Z=4'EM]\R"13JQ/
M '%"&^Q/SRQHHL6<!+@@R\\((/%-7X'U[*SD<EKG @M#\Z8)-4.C@##0GHT6
MM G>X56P)F8*3=?UWFQ"QER;" \T WQEE2!A<Q1-I=#.NO:S"03H8LTF9!5J
M6DH-,PB!#<A5;#I7"S;8H$-C E)$J R("P +H@'-@H$$?8^@ ;3::T'!*,[(
MW8K<,4^B+?^K&&2/'@B))ZCX48( G!#-R8 !5 9 G MJ-5"K:/3U"(&&Q&%"
MY]>TXB>*K006+!UR.'/3,P:T(O1B("VH]8)SE3U,HKW\O0V!= :B(%F/!I!(
MTL^0 J!GJ!"H6<T'6!;*1_^8(?;9(7*J7GC;AQZ6,R<EI@):08:ABD*K=)0^
M>/'00/+F' 4SG2"MB;.*A"!C3XH8:)PXUIPCS*'J NN'O<YI@,F#HA0! MRA
M "ZM/*\H)7<DCKP^"PZ_':ITXJD-RUQSCV?WVY:RFGB8&#*[O;8C\CA4%A^X
MG+ZO&((L;\5N4KWM"2)Y^*L!O+&'H<8'8 !&V1\B)ZO?TW<(:!0DPEXH=]B?
M-%<"HAB>R;+.N==]Q@7P/?JP6*[>$J\+%*E0!^+;F0@ .= 0H#RFRPG.HH&K
MG!QH,63S2!0\\ [(?$8</<-@?L3A%=#$XP(3\%:PH+2FTS3P(2V9@ P/\JP6
M>@;_"G12''H&$D+/1*,E''S(8)!S 21YI@L1ZZ%'_A$)>#!@31"SX4$H<$&B
M045E$^#'MTPD0##&"U(FHL"]CG4!"YCA' #\ET\RDL7W+.4!EBF5.PBXF,\@
M "032$@5#Q.%.VPEA^\93(1*6$2:K' QI=(C!5H2(<\H(7'1@ =H4"< EJ#L
M(.Z0"^HB)IYT>( "\/"C>=[AC3E^YAP4T*/:VG:1= @'*GN!$ .:R*@!,$%B
MA<M/BB!&Q$Z5*($>D.(9R<@JFTP 'L"$U5D>$"8V H ?)AD;+]]S$7W0)HS;
MG,SK))(O.^7* WN!AR8/,@#D+&8";-3CY!0"-%F6K3\7_XA(MDIE 32FA)GL
M2<D>^0>3 ;!. -Z@(520DQ8S>&PMI#H! /1A@0',SR.H9(D9S/:=_)B$(5?B
M% *6.973F/-]$1$E*QTS@:R<9I\7(4 TUG,1D0))*_@<9Q/VJ9,8XC.<@L&)
M3Z#4N=L\0!T7\$ \6F)##3A((?"8G% T@),5 L R,H3"/Z#@#0'44 "5O U!
MUN<G3/7%1!%M0M3^L\>Q<5.M'IF $"\HPXO0#0!,'5L#*3/$HD!2,!.(PCE\
M!:688LPO$A&(.BA5KXC!0QPW90D#TA$_Y #Q9U]<X0,&8#NEH(4"YXAGRE8#
M-+]D[36D*4D3R('"DR3$*V^)1/\T,48;E.KU)%^D& JR"E'W<89-)3E'$]BX
M%Q0P884$D$Q^(*20:,2C::<30%>0XXW )I(S@QGGW"[P,C3J4;0GZ0)S_,+7
M$1$  6.C0#3)<8*>/4"(+*&4!])A 77H,[H$>5WW.ON0Z%WN+5F9[UH7-X^(
M6+,BXI@0/E'7L^V^ST((B(1%:QA3U+'+FW.K%4DH@#,9SL-$"&@*!322*31.
M#I-"02=-S "2>:7,+"BMD!\O<(Z$"L >@-H />,V@'EP"DI%7>_$>G:W@US@
MQ(X<P :B .28-$<CZ6" !B@E(@"G@P(R- \"#(#2![QW,M<=@#TN*&#E3, R
M3C$H6=+_@98)[/1G<A&E!5YGH);0Y@3A$HH'? 67=PIE'OM-ZKH,$)$ITZ\)
MK\O*ZZ[B7T0OY)8&N3(!X&&&?#6/GBO$VE<P8AK/7" [YWB'2AT#PK#4S)(:
MT0SWVGHHD^9D.=]%;7W8IX]T9,XA+"*'!;*I37JY>=$/F<>,C]6]!FV@BA6Z
M0%8I,,B3"*J&6ER-F\>U3J&PD"#O%8<?2Q0->R"[;,-EJ6.:<,1#67LP'+'
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L7_(M7_,]7_1-7_5=7_9M7_=]7_B-7_F=7_JM7_N]7_S-7_W=7_X=P(   #L!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>image_012.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_012.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" &" 2D# 2(  A$! Q$!_\0
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MHH **** "BBB@ HHHH **** "BBB@ HI*H3WKRN8K4@ '#2XSSZ*._UZ4F[
ME<O/(D:[I'51ZL<57.I68./M$?X'-54L%+;Y/F<_Q/\ ,?UJ<0*.[?G2U'H/
M_M*T_P">Z4?VE:?\]TIODKZM^='DKZM^='O!H._M*T_Y[I1_:5I_SW2F^2OJ
MWYT>2OJWYT:AH._M*T_Y[I1_:5I_SW2F^2OJWYT>2O\ >;\Z-0T'?VE:?\]T
MH_M*T_Y[I3?(7^\_YT>0 ?O/^=&H:#O[2M/^>Z4?VE:?\]TIGD+_ 'G_ .^J
M/(7^\_\ WU1J&@_^TK3_ )[I1_:5I_SW2F>2/[S_ /?5'D+_ 'G_ .^J-0T'
M_P!I6G_/=*/[2M/^>Z4SR%_O/_WU1Y"_WG_[ZIZAH/\ [2L_^?B,?4XJ>.5)
M5S&ZL/53FJOV<?WW_.H'L!NWH!N'\2_(WYBC4-#4HK-AO7@8)<MN3.!(1@J?
M1A_6M&A.XK"T444P"BBB@ I*HW%\YD:&U + X:0C(4^@'<U%]A,O-P[2'_;.
M?TZ4K]AV[FCYL8_C7\Z/.C_YZ)_WT*H#3X!_RS3_ +X%']GP?\\T_P"^!1J&
MA?\ .C_YZ)^8H\Z/_GHGYBJ']GP?W$_[X%']GP?W$_[X'^%&H:%_SH_^>B?F
M*/-C_P">B_G5#^SX/[B?]\#_  H_L^#^XG_? _PHU#0O^;'_ ,]%_.CS8_\
MGHOYU0_L^#^XG_?"_P"%']GPC^!?^^%_PHU#0O\ G1_\]$_.CS8_^>B_G5#^
MSX?[B?\ ?"_X4?V?!_<3_OA?\*-0T)+^Y_=K#"X\R4XR#]U>Y_SZTZV@6&%3
MMQQA1Z"J,=LBZFZHJ@*BKPH'4DGI]!6HY^;'84EJ[C>@VBBBJ)"BBB@ HHKS
MSQ'XM\36'C^#3-/LT:QS'\IBR9PWWCN[8Y''IS0!Z'10>":P-=U?7K"]2+2?
M#_\ :$!0,9O/"8;/(Q^5 &IJMBVI:5=6:7$ELT\9031_>3/<5'H>FOH^C6UA
M)=27;0+M,TG5N<_EVKG/^$E\8?\ 0G#_ ,"Q2?\ "2^,?^A/7_P*% '9T5S>
MBZUXCO=32'5/#@L;4J2TXN VTXX&.^:Z2@ HHHH **** "BBB@".XA$T98*"
MX'(_O#N*;ITIVM Q),>-I/4H>G^'X5.APPJG'^YU1 .C;X__ &8?UJ7H[C6Q
MIT4E+5""JFH3M% %C.))3L4^GJ?P&:MUG7?[S4HH^RQY_,X_H:4MAK<DM;=8
M(%P,<<#VJ6E<_-CL*2FM!!1110 445D^*&U5/#=ZV@C.HA!Y7 )ZC. >,XSB
M@#6HKG? YUT^'E_X20L;OS#L+@!RG;=COUK4U@ZH+ _V(+0W>X8%T3LV]^G>
M@"Z>AY(]Q65X=T230K"2VFU&YOV>9I1).>5!_A')_P FLG=X^_YY^'_^^I*3
M/C_^[X?_ #>@#K:*Y_23XM_M%/[972!98._[.7WYQQC/'6N@H KQHHOW8?>+
MKG_OFK!ZGZU4A_Y"D_\ O)_Z#5O!).!GFDAL**-K>A_*C:WH?RIB"BC:WH?R
MHVMZ'\J "BC:WH?RHPWH?RH **-K>A_*C:WH?RH **-K>A_*C:W]T_E0 44;
M6]#^5&UO0_E0 44;6]#^5&UO0_E0 44;6]#^5&UO0_E0 44;6]#^5&UO0_E0
M =ZA9%-_ENJN"/\ ODU-@CJ"*K3?\A*+_KJ/_0#28T:%+24M,052E*_V@J_Q
MX4].V35VLZ7_ )"X_P"N:?S-)C1:/WC]:2LK6O$NEZ!+$FI7#1O,"R*D;.2!
MU/ ..M9O_"Q/#O\ S]3_ /@+)_A3N2Y)'3T5S'_"Q/#O_/U/_P" LG^%'_"Q
M/#O_ #]3_P#@+)_A2N@YEW.GHKF/^%B>'?\ G[G_ / 63_"C_A8GAW_G[G_\
M!9/\*+H7-'N=/17,?\+$\._\_4__ ("R?X4?\+$\._\ /U/_ . LG^%%T',N
MYT]%<Q_PL3P[_P _4_\ X"R?X4?\+$\._P#/U/\ ^ LG^%%T/F7<Z>BN8_X6
M)X=_Y^I__ 63_"C_ (6)X=_Y^Y__  %D_P *+H7,NYLVK%M4N<C&)% ]_EKC
M?B9/.NI:5#'<311O'*S".5D!.5 )P>V374Z+?0:G+)>6C%H)G5D8J5)&W'0\
MBN2^)_\ R%M)_P"N,W_H25%_=8J[M!M=C#?2)T+C^WHVVEQQ?R<[1GCGOG I
MD^FS6X4G6_,S*L>(KV1CRN<XSTYQ]:H""1H&F6-C$C!6?' )Z#/K3*R<CS75
MEY_>S2;2[Q2!_:,YW< "[D))].OL:CEL+R*)I&U"? !.!=RY./3GVJABEHYF
M+VK[O[RZ\!734N1JUX9&.WRO/DZ]QG=5/S)_^?N\_P# J3_&DHHYF#JR[B^;
M/_S^7O\ X%2?XU)!Y\]Q'$;Z\0.P7<;F0XS_ ,"J*E1&D;:BLS'LHR:7,^XO
M:3[FC%ITTLPC&K7"[@A#-<R 8;'?=VS3K;2;JYC+#5)T.YU"M=OVS@_>Z$C%
M997:2&&".H-+Y;%0=AVG.#CTZT^9E>UEY_>3WB36EW+ -0NY0AQO6YDPW'^]
M4'FS_P#/Y>_^!4G^-)11S,GVD^[)(Q<2[@MY>9 SC[5)S_X]5FVM9KBTFF.I
M72>7V:ZD_P#BJI44<S&JDNYHKI\S: ^I_P!K7 VOL\DW4FXG/^]^-*VG3HJ,
MVJ78#[>?/D(!/;[U9F!G..:6CF8_:R_IFG!IMQ+-)&VI70V!2&6YD(;/_ J;
M=:?/;L%_M*[.0#EKF0#DX_O=>_TK.HS[TKRON1[2=]W8['X>23)XDU*U:[EN
M(4MP1NE9U)#D;AD^E=U-_P A*+_KJ/\ T UY_P##7_D8[[_KS7_T97H$O_(3
MB_ZZC_T ULOA1ZF';<$V:-+24M:&@5EM_P AV3D_ZN/^9K4K*=6&N2$@;3''
MMYZ\FID-'#_$EE7Q'I3,F]1;R$J3C<-Z\9K!.H:?NS_8\>,]//?^]G^7R_K6
MY\3?^0]IO_7M+_Z&M<C651^\>;B6U49=-Y:&5&6P5$"D,HD)W'.0<GI@<4IN
M;$EL6C!>PWY/\ZHT5%SGYBU]I@2ZBEBM@$0_,CG<&_\ K]:BN9A/</(L:QJQ
MX11@ 5%12"X9HHJ>"*-XF>02'YU0!,=\_GTH$M287EN/+W6B':,-@?>^4#^8
M)_&I8]0L5FE=[#>KN&4$@;0!C&/0Y/Z5"^G,I($BD+]X\G QG/TXXIJZ?(ZY
MC=6. =N"#@]/T!/MBGJ7J1W<L<UPSP1>5&0 $SG&!C_Z]0U:EL3$K,TT9"@$
M@$D\XQ^>:JTB6>C_  ]8G2#DYQ.0/RK)^)__ "%=)_ZXS?\ H25J_#S_ ) [
M?]?#?RKGOC%?-I]WI$JIYC&.90OXK6T5>!Z;3E2278SM0N8;S2K0V\BPBW'E
MO:?[1ZR+_>SWSR/I676/;:Q/*JM)#$@8X #$FI+C59(FPD<9[?,QJ'%LY'AZ
MKUL:E%8">(IFW9@B '&=QJ2'7IKAU2&W0GN22 *7(R?JU3L;=%55O5V#S"H;
MT%)->B*+>,8/3/>GR,/JU3L6ZFMIEA=V==P:-DQSR2/:LC^UE4[64;L< '-0
MWNN_9+=)51)=QP0"<+]:.1C^K5%T.E-\DKAI JMLY81!L-GKCO\ +Q3VU" @
MCRB%"E44* 0#OR,_\"%<:GB9V('D1\^YK<L)#J%N7C>(N/X5.:'%H:H5>Q=O
M)8II@8555 [+M[\ _3I5>I9HE@B#R/@C!=<<@4^2WB1D G&7S@$?3_$?G47#
MZK5[%>BGO'M7Y6!.">>  .Y-9\5W<[2;B&., ]0V1CM^-4HM["^JU>Q=HK"?
MQ"\:ES#%L/W/F.6'K]*?;ZS=SR*OV6)0PR!N)8CZ?U.!3Y&+ZM4[&U165-J[
M@E;>..5E/SL3A$]BWK3QJ<OE@M'&IZL[951].Y_2CV<@^K5.QWOPU_Y&2^_Z
M\U_]&5Z!+_R$HO\ KK_[(:\T^$U\M_XAU(IM(CM47*]#\]>ES?\ (2B_ZZC_
M - -:VM%(]"A%Q@DS1I:**LL*SIO^0M_VS7^9K1K,D8G66!7 6-,'/7DU,AH
MXOX@6%UJ/B/3HK*WDGD6TE8J@R0-Z\USO_"+ZW_T"[G_ +YKTEO^1\M?^P9+
M_P"C4K>X]:4H)NYSU,/&<N9L\8_X1?6_^@7<_P#?-'_"+ZW_ - NZ_[YKUE_
MMROE"C#)X/;YN,_A2+_: (9BI&<E1CT_QJ?9HR^JQ[L\G_X1?6_^@7=?]\T?
M\(OK?_0+N?\ OFO6;>2^:8"9 %!PW'!XZ@U?_&G[-#6$B^K/%_\ A%];_P"@
M7<_]\T]/#>OQYV:=>+GKM&,_K7L:_>;GO_2G?C1[)!]4CW/&AX<U]0 NG7@
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MZ?'9QJ)?,R.O.!76B426D<D!& !C%13V=OJ-L0RY5AR#V]:JP.)S-O<0NVU
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M3I:2EJA!67+_ ,AIO^N:?S-:E9<O_(:?_KFG\S4RZ#13./\ A.K;/_0,E_\
M1J5D:GKVM>5>S1A-.^S1EUBEC63< >&8YR <= .XIGBGQ5I_A'Q58WFJ>=Y4
MUC+"OE)N.[S$/(STP*\QGNM;N;::'S)[ZUN9"XFB!E$@SD8(Z=!P<8]*UA!R
M>XKI)GLW@[Q$WB31FN9HXUFAD,<ACSM8@ Y&>>_2KW]N68QD/\PR/EZ]_P"7
M/_UZ\[\#^,-*\+6W]CZG,WV^>4RE85#*F0 %8YQNXZ"NMD\;:!%*8F$F["Y
MM\@9/<]!@]<U%2T9-%0I5)+1&JNO6I4$I)N/\(7/'K2'Q#9!P,-M*E@VWKC_
M "?RK-UCQOHNA6S7%Y'-M#!?DA!+$YZ<^V:P?^%S^$AG]S?<]?\ 1EY_6IC>
M2NB91E%V9V7]N6V&/ER *>25Z#CG]:?%K%O),8BC*_F"/D=R,CFJWAWQ#I?B
M721J-@I2W9S'^^0(<K[5IJ;7Y=AAXZ8QQ]*>HK,FVCT%+M'H*9Y\6,^8F/\
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M*8+-A1[GGG]*A%RY;RK"*.W5EP)5^\?[QR>?8?C5F#2S))YM]B;*X*;S@>G
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M ,)/XBTRR^VR696TGD$L:AC]Z,8Y^M5OA/=M=^#X2PQY,K0@^H&>?UKHY/\
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M#BMN9BD9*C)[<9J$SR%L",XSUP>:!7,6>'Q)JL36T_V+3H'&V22)S+(1W"\
M#ZUNV5G%I]E#:VZ[884"(/84S[1*K+F(D$9. :?#,TC$-&5'8FBXKE75(DD\
MG?="':<X)QFJ448" 2:R=W^R_P#B?\^]'B/[UO\ 1OZ5E(B,G+8;->-B<RJ4
MJSIQBM#NI8.$X*;;U-86UH,YU%"Q(;?_ ! @YX.>!3A%!MP^KNY[DOU_#.*R
M3#'D8E4>] MT9@HE4DUE_:M;^5?>5]2I=V:WEQ#<4U8[S@ [^_'/7GCBME1@
M"N+9=KD>AQ7:+T'TKMP&-EB>;F5K6,<1AXT;<KW'4445Z1S!1110 4444 %%
M%% '/2?\CZ__ &"Q_P"C:NG_ (_X?^NO_LAJE)_R/C?]@L?^C:NM_P ?\/\
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M(%) SGO44[S)-O*%@>W]:ZZ;6K86T<3RJMNV"OEL 5^H';FJD-IHDZF14+1
MX,CRGGZ#M6:S!)7E!HZ99;-.R:9U'PS@,FE?:I$*R>9(@<D$MTX_#^M=;>2+
M'9%EY*,K=<9Z'^E<UX>>2QTDQ6*)#:$NP)&=K<;OTK3,;?:XV5UE"$ARX[8[
MCMWJ/:>T][N<<Z;A)Q?0U'"22).B.I8[MO\ ];UIL[H)E+*@ '3CGO3(]1CC
M>5Y#"J1[22W!7/')^O\ .LN\U:V_?&U:"9X02RA@PBP.,@9/.>W-4M7<S)[N
MX@>YCMA\D@/F 'DD=<^PQ2"&)X7:X)*<A9".<XKE;MM>TZWM7@B634M1D!8
M8,2A>"1T&.!@\>M:MN\MYI,:WGGI*[89)",ACP<A>GX535O>N"?1%KX;/YF@
MR-G/^E/S6S=_\CIIW_7A<?\ H<=87PN.?#D@P!B[D''M70R?\CQIW_7A<?\
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MDR^5*YRVTY&TGO@CCZUTMM-K4<9$L(D."06QG.!QP?7-%XNSL1)RIOE/()?
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M!NU_\%X_^+K:;AV^M)FF28W]GZ]_T&[7_P %X_\ BZ/[/U[_ *#=K_X+Q_\
M%ULYHS0!@_V/K?\ T&[;_P %X_\ BZ/['UK_ *#=O_X+Q_\ %UO9HS0!@_V/
MK7_0;M__  7C_P"+IZ:7KD>=NMVW/KIX_P#BZV\U%=7<5C:2W-R^R&%"[MZ
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M59FLEE&"SCZ-6->>#K*\E\QYKM7_ +R2D&ILUL5H]S9$\1_Y:)_WT*7SHO\
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M_,4A\4:6.MR@_P"!"G?\(UI/_0,M/^_(I?\ A&M(_P"@9:?]^11[W</=(O\
MA+-)_P"?N/\ [Z'^-'_"6:3_ ,_4?_?0_P :E_X1G2/^@99_]^5H_P"$:TC_
M *!EG_WY6CWNX>Z,'BG2R,BY0C_>%+_PE&F?\_"_]]"G?\(UI'_0,L_^_(H_
MX1K2/^@99_\ ?D4>]W#W1O\ PE&F?\_"_P#?0H_X2C3/^?A?^^A3O^$9TC_H
M&6?_ 'Y6E_X1G2/^@99_]^5H][N'ND?_  E&F_\ /=/^^A1_PE&F_P#/=?\
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MZ*** "BBB@ HHHH **** "BBB@ HHHH *2BB@ HHHH #2444 %%%% !1110
C4444 %%%% !0:** "BBB@ HHHH **** "BBB@ I:** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>image_013.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_013.gif
M1TE&.#=A< *1 7<  "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P
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MTGCW\$B0>PP8YQ$%#&P9XH@)24<E2>YI0&9",[)43CIG#I1-G<ZP:2E!$PA
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MB.--9DK "V=5*W2^T',59)*QVC>A5A[QH0"P$CKH5X!Z..!)IDK(3PEYD $
M#40#R-#JXB@T#!"  !9XJE1!-(65+20?^BL(.!)@C@S53B!?"&<3U4,_@?@2
MF/\33AVWU#CCY.\-]++JG@#6/CGALJ*IF<!=<ZHI(_JJ3DC*1_'>(:Q>_I(@
MCBC'%("F031%4#UZ4M+X3#1'6UY@KP+)D0# Q,[QS;">_KO *POBB%X.[88%
MN2P*:0<&)H7.F )!!_ 6D@!$_RZ$":I#K5VU:0'O%01DU<2I:%M[@0X J)0
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MYT__^MO__OC/O_[WS__^^___ !B :/%U H%O ^$(L-%P!"B #'@6?8=8"/&
M#3B!:R&!+D2!&,@5ZI2!'/@6"'(\C=(Y3.(S'5B"4D$QQO$.5  E39,#NM$=
M5# @%$ %TQ$=.1 U&VB".E@4$\8XBF(F9H(!]" <[M1;HD4!2E<ZA)<MRN(_
M3BAI3QB%4#B%4EB%5'B%5IB%6+B%6MB%7/B%7AB&8#B&8EB&9'B&9IB&:+B&
M:MB&;/B&;AB'<#B'<EB'='B';>@K#Y$ <$!XXH)W]S V[,%A!( )BT*#PE$J
M!S%O=C8%+O_RB([(59%H#I-8B9!XB9*(B92HB9:8B9ZXB9_8B: XBJ)8BIQX
MBJ&(BJ2HBJ:8BJZXBJ_8BK XB[)8BZQXB[&(B[2HB[:8B[ZXB[_8B\ XC,)8
MC+QXC,&(C,2(C 10#Y&8>+D4<1S$'@V 7P#@ /V# 6!B#II )OBP@L+1&P<!
M#G8F. VP#@T !MZ0.^LX/.SXCNX8C^TXC_!(C_)8C_AXC_IHC_R8C_VXC_X8
MD  YD/]8D )ID 1YD J9D R)D ZYD _9D! YD1)9D1%YD12)D1:9D1RYD1ZI
MD04I/*>SC@W1-ZT3*AC@#:$B)(W#(W9'(1T .0!S =X@9 .!#\?_M(,Z^1,4
MD .:8 %NLPSIT$N:0 5VIBH:L((%1 4:,#Q4D -B)'OU (T[694Q<2'0-@74
M\7B^0S7ED   4@#F@"WYD&PY:95H.10Y^!!)195I^99+T99P.9=4(9=T>9=0
M00 [A)=\F11VV9> :13G,):!&9CG@ \%4 "(60#"<0Z.< Z,Z3\%<'DO,0!:
M69A]^0$<@ T<4 &<R9F;&9J@&0+-L( M@9-[B9ESB0T+$ "/X)JNB0 (\)JT
MZ9H+$ (S\9>J.9<5L  ($ # &9SP$)S!*9NX.1,$4%>[N9JR^0"_B0#P )W2
M&9W#^0@A0)DMH9O+B9;X@ V/,)P! )[$_SF>", !'&&:"E%6Y!AEVVF5V/";
MU F?OQF>$A"<UHF=%/%"#6>!"(&3;MF>&=B; 8  #P"<PRF>!AH 5E !(K&6
M)$A'_PF@%/B>\!"=Q1F>\TF=$7"=#C$ B6,<RV$]R.,LB1,KR^$GB8.>F!>A
M$LJ CL":T#F<T"F<PBF;YND0+4@F&$"##6 !5* ) \)\2;E(&* )39D .0".
M<L>B+2J WHFAX6F@\@F<#V"=904]F$ /V3  &G"#U2@.30,F+$(['< ;Z@$<
MOG5TJS)L;-JF;OJF<!JG<CJG=%JG=GJG>)JG>KJG?-JG?OJG@!JH@CJHA%JH
MAGJHB)JH?(H/DO_&F@,JHP@:I;^Y !S@H+Q'."Q87/IB-IT2,)B@#P# !,L@
M *P"+ @A5:B:JJJZJJS:JJ[ZJK :J[(ZJ[1:J[9ZJ[B:J[JZJ[S:J[[ZJ\ :
MK,(ZK,0*K!! I3-JH?$II=QPE@SA-G[B2T': ?UR#\9A =TX,CEP#\^GB&JJ
MJ. :KN(ZKN1:KN9ZKNB:KNJZKNE:#B'PG.()GO(ZH @0 E1)CAD2,@3 ($@D
M6OG@.4[5,9HB/<75.+WBGTWJGH\PHU"JK/#9#H]PHPU1#XB84U101DU#!:13
M  )PL7BC"?=6'T8Y.\Z:L#J(#>Y0H0P[GL19KQ 120O4<-EP'PL$LPK_4;(F
M6X+>.:4."Z6NR0'X21%,.BI#F[/\5P$QRK#S&J424)ZY60_/9[0G*YM1VK/*
MZIKV*A.6R9Y22X$ON@"0RK+D*;$P@0]3V;4FZ)W4*:4-.Z.W>:4LH9UH2X$<
M()_QFJ# ::,SD79%.[?V1Z$,.Z4#&I[P8)U]VQ%RZ[<,V)L$^JC$>:#%2;8O
M,9A<J[@!"+CRRK/S::5:B[.6"X!?&[91.I[#N: TD9R?.Z%@F[1MBZ'PL*%!
MJQ*)F[K]5P!(V[BDB[<2$+$3$99FY$D$P5/ ^Z#4DIJTFWX&"!%/:K6""YP<
M&A.S>[SHIZ(&\4*..KJ1.KJ4RA%P"Q'FL'O2_PN :BN=>=NZ6&NI3 (L["$.
M;T!(%$-U V$!P5, ZV!T>$-V1W>XX6M] ^ ,_?N__AO  #QL8>FHD(N]->JT
M#D$ ^T$]$;,I27DC7\ ?X\$ 1FD!^^0G]',.GKN_X^<(S9 !&1 "(US")$S"
M$)#"(XPD[TF^S$NEUEDUFL  XF"JOB0 YM0G ' W%T %+21;'; E&&!EU)([
MO)0[2)S$2KS$3-S$3OS$4!S%4CS%5%S%5GS%6)S%6KS%7-S%7OS%8!S&8CS&
M9"S&Y9 /#1 ""^ .$1  :]S&;XP [O ([@"VW)+&$7# +"N>MPF^W-$DPC1-
M-W(!A*0FXO"3 C%SX?]! <!$6E+55?40R9(\R91<R99\R9B<R9J\R9S<R9[\
MR: <RJ(\RJ1<RJ9\RJB<RJJ\RJS<RJZLRD]5#P0  1%0GX2;H0>JLO!  9$,
M =.IN3Z[ !!PML\* ,[P.F0R1(QI14$S@RW4-/ZP'4.\I!ZL?N]:H30ZHPS[
M"!G@)][9#@>\M!CZ"-C@$-*%'12P#M^A 5\ <LX#.4\B'^HA'X^F 2$D>QU<
MS>#WH@MKH*_)LO/Y -X,G$W;NA8:GK?IEM%Q)N-!)FDE)G@3- E 9Q5V0-&K
MS]]WS8_KN%)*H/<AH-F;S?!@NALQ;!:1SQC=?06PO+E[T-3IS53[PLD*NYW_
MJ[\IO7(%$ )Y&[89^J@(T,T"@;2B.Z_@.9N2JQPH?=/;)Z![W+ #^@#WT<)5
M"\P!4*4AT+VRF]1*C7T#$ +_K,VBF[<"'=1@+;;$N;TR@9/*N=7?M]+)BK=2
M6IU0+1 MC,T&O;G/"Q,7S=;7E]-??= K*Z-C#0 :/9T(?* D+1-:S=?4Y]8;
MC;WSZ=%T'=,UVK:OF]>5N=B,+7TYW<9@7=:"[2="S=%FO;M'W1*4N]G?A[0(
M;-:/,-< (-4'"LS#N:%8G1)[K=K2U]5_[;AE7=6BS;JM+9Z)#1-IM]:ZC7V.
M/;HT.KJO'=54ZYP^2[[A>9\UG=S;AP\<\ CMX-,\_UW4@UT!K]W4<,V[::V7
MV*U]*QT ]7FWI"O9L=V:M"VXF"T29469N9W>RH8/7CVZAOW9X6T%NLS<CXL
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M!9S>Z9[^Z9U^(?4  3/NV]_]TQ0 IOW]VQ(. 7?&'1> '(WE)H*84SR2 )A
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M!\K-E2+\!4KY'!W:9.VXH$_:"AP3!8"ZX"\;MN^P5YNWNK_2K>FS!8ZA /'
M&P  V! $@ ?O8 "$#!$N?!3B'$&*%2U>Q)A1X\4!! 9L!!E2Y$B2)4V>1)E2
MY4J6+5V^A!E3YDR:-5T.@/"H'4-X/!T&0) 0P8./^#@\ZLDS*-"D/1%D:$"P
MPB.&0ZLZ;1K 2@6;)_%Y[!I6[%BR9<V>19M6[=JN T(L5/A0;M)'#Z(67/BS
MH=( "P02-'C0Z5Z'"N%%D,BV8L>/BAT_AAQ9\F3*E=D6 .!V0=*?61]F< 8
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M,^$.>@0_K[]&X)$%VE.0P2@?S*LN 9>K3J_"()(U*"B_A(@#-4%*P)P$$J
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MH?W9HA5:HR7:HU7:I&5:I'7:I75:<0 #"LB1,>K& *  ;VB +V#+,7V**6@
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M*Q4Y7Q_D.(&J'2(U*$=8EZE\%SW<K512B 05B0&P@ E MO]W4#\+L !'4!@
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M8YYH$B/&Q.)5*4&WLB1G4$9%1_Y(BBX^.E57E^()//V035[J".Y1<,-K;D,
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MK-?ZK>?ZKO?ZKP?[L!?[L2?[LC?[L<\&%=@BQ[O!;OH 1QB S*3@LPF*#RB
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MRCD(H'H"U,/8]7@][&,O^]G3OO:VOSWN<Z_[W?.^][[_/?"#+_SA$[_XMR>
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M1A'4CSC7 AX1)**:H="1(/$$ G" 87P!G3".\N"',VS<OY08M]F&.0C 2@&
MFZB+7WC8(GXC-PG'DDCAM#Q$#IY2NM&8G)Q6:SF-^+V)>1'_FO7)R5P! *\4
M&@A9#P X@E\M"[9HA$'MCA-*19#549& H7/45LFLC_OX$8-1(& !Q9&,GGCL
M3@,B5:M92>2MR".$ !PJAM1]B3>"(TE&D3-D /U!W,LTA"26UB=28KAAXILH
M82?*R2:F%RG"6'-XT$NZF*+!DFZE7VKDEC'NU9*\T/+EVV^,1LC 34,IQS&)
M3%"=!ACB QX9%5:=&I*8"MQ ''ILV4>*2<[D0TF6);\P@3.LPSJ P5JV)5N^
M95LVUSFTCG]]RT,LP#F2EQB%4#KT8.( H17-$SJF(Q!&33U^T3OU))PLS#Y2
MS4%JC7YAVD#^%[2HR 0>9-@(B>'!_\M"!L"VD%H:^M<:U@VEN8ND<-1@;>1$
M=!:],)M9OB:^. =0/, <T:9MUN8<!0 V[$>TX=NK0=-#M"2+S>-ID=;R1 T[
MR0F\*68H[B &G>+(D AYX(F\]89Y_,11W@:&Q6+-K$ZC[$@T40E4"IP@S08A
MW4@!/!</*5Y^651UM:)V8,FLO-Q8P:9]RLHY9  [+$ @14 @_6< ^*?O+  $
MX,48T.5!9>$CY&4ZSHGX^66AO:.XZ67UB-LY*-KCY%5NP!H<P8BEI*%O=$=
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M%* # 61 0*$1D^B-.=0'@E;:7;\(>QC%J8HV/%A F?.LR\K$ID%  BCU5C2
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M0;+M6@Y< #I@1@YH0#ID@P D?GL0FS\H6QI_=H@Q_YUO.B5M_(X)DX=1-7<
M6,'11BO]]3.5I*ZT^AAG0NHP?VN</"F4>JNZK;XZ+J9,G8.X)O02ZI0U57E0
MP$,*Q1+!@0JA3-I &\=O&&B!Z5;J7TEF-IB/J3198O!NT'&"T4\QBO9T8D.R
M!D8V4, $Z <ZW)J)X4>R P Z7,"-Y /\L=:7_04XC##E>U<#Q+!B0<2.('W7
M%CUX#M++0L!^,"I P LPD&#!  \0+( P , 8"(\&PD,00")%BA,#($"@ @
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M/HZY2A$,82_E*9?FM*MX/!5L,9QAR#"A+'R!R(>#%&+7P2.FD@6:5AV)R.5
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MT,ZJJ&D  !PL+3'HZ-,ZP@*4K]5NPKL@2DSHX1W !4ZPQP& XP)N:"72 :.
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M5##@#/[1(UE.G%8YQD" =)"%*]*:E@X;\([_=#S.6E$A0#[4XHZC_7 Q>1G
M &[DE_J8)"$?$.&Y_E(ZQ2A-@0P$X&D\"*P$5E!2\$K;=-:1C4=!\(<F=$@(
M(<,<L$WF*"GT7G#PT8 $=  #C7L#]S0F%DQ0P&W+$$!0OM XVA2  !8@@"M?
M"<M8RG*6M*RE+6^)RUSJ<I>\Q&4%VN.KG7#))!:H!P7N 9T@/2<PT:% /2P
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M&")U$/4A5G<M':(B_E X'Q(4!3!]76<6G08 W.4T9K8="$ 8E&,Z(640/4)
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M*P'(BV3Z\36V#9(.FF6%<[T2*A9D9!4C4KW=?*]>\2%?M:'4_'5!Z1\T'"9
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MT6NI#1;*=7X,\UDRLTG VB#%U79(<!+(%JP$L@FS '2@#7,F,@<8%ZQU21V
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MI"8<ALOZM(U*FKM 5Z)& 8A^A1Y4H"8QA^0/34!+/@,80]&6!5.)7< !^&B
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M$L)=.8=\)BS!=_BC=%X)W9CT$<EQ]9=6V:4HEK)&@&:-J4CHD.1TOS*&#F
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M>JP1'##\6*!W"#1>@I8RI \&\[OZ@) 6"PO:VJ,+H()@] JL61R>"Q*T&(
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M8IG"]BF =- LVH0NLG*S>%R<CV2<(9&L!O^ H=_JHK)+00.S '08@*^,QZZ
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M&O41] FI+9D^R+.RVAH2K+& >R!0?UFE9V497DD O@02?>@J^:A5L"  ;V@
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MWI9RV.2"@,VO$$BQ4P@*H,L/HY[3L9@H':X$L,_VN9V_& .#4IV>Z1E^PSR
MN1>#$@>P)+^PRX;\/$L!&=Y]P3RBP0#A58PWT[1S4LE+TA@)G)G[:[N(C&>6
M_VYI&=YE7OXW"Q 'T1V0 5D:M2!,[2'(^:'@9Z$?EYW"KD$'D]D7HL9,"B _
M<]"':)8,,4D;6%9IVY$7K D>'RDIB_'+3RXHE#K+8[O==2BI<L" %\,A2G9I
MM$[K3?%C7K9GK^!%'D.+M)$,A!PM:)T9VO(1)P0#@^X+_]@=/$7(!O@"<9B
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L<1W?<1[O<1__<2 /<B$?<B(O<B,_<B1/<B5?<B9O<B=_<BB/<BEWE(   #L!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>image_013.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_013.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" ($ ?P# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MB7C[2$B92K-O$JE5"XW9.< C(JB#A@>#@@X-;-SXEDGMG@%K%'&ZR+@,<+O
M!P.P&.!0K#5NHVP\.7%SJ4=O<A88FD$;/O7G*[AL_O<<U'8:*M]INH7$<F)[
M5E$<>/\ 6#DL/J ,_G4\?B61)+=Y+2)S;,KQ9<C:P0)SZY !Q5&VU2:S@=(<
M*[3I.'[J5SCCN.:>@]"W<^'WM].L)O.03W09GC=@@C'&T9/<ALX]Q5;^P[X-
M&K6X6220QI&6 9F!P<#T!JS%XCG"MY\4<\C.\GFD[6#-MR01T^[CCM3I?$LL
MOGEX!^_E$K@2MA3G.5_NGW%&@_='6/A^*X@5KAI6D>[%MFWVNJ97.XGV_"J3
MZ-=A2R1K(O\ "$8%F7=M#!>NTGO[U=?Q5=DC9'&O[P2/R3YH";"K_P![(ZFH
ME\020LLEO;1Q3I&L*R;BV(P<A<'Z 9]*- ]T9!X>N7DD$CPQ*D<C[_,4KE.J
MY['UJG=:?-9^6+A8T9P"%W@D C()';.:OKKVP-'%9QK;OYIDCWGYC(,$YZC&
M.*K7FIM>6,%KY>U(3E69R[#C& 3T7VHT%[I/<>';J"^E@B:&38RIOWJH9F&0
MO^][5F,I1BK AE)!!Z@UK/X@\V8O-9QOF5)]OF''FJ,;OH0!D5ES2O//)-(<
MO(Q=CZDG)I,3L,HHHI""BBB@ HHH/'7BF 5<T?\ Y#%I_P!=15$R(#@NH_&K
MFCRQ_P!L6GSK_K1WH"QWM%)O7^\/SHW \@C\Z"1:***!A1110(**** "BBB@
M HHHH MFS LFG.Y64*V&(Y!.*462;0QD8#R5E) Z9;%5UDFE"PJ[,#A0F>#Z
M"G@W <6Z2,3NVA5;()SV_&F6K=BR=.B4,\DI6+("L"#NSGGCZ4+;P0K*&WR?
MZ-YA.!QR.E1B.^\QR';>"4/S\L1R0/7%1[;F)?-WL,* 2&Y /3([ TQW78L'
M3!EP&? 4LC''/R@XQU-!T^(;I/-/D*NX/D?-SC\*AV7@CW!GPV&*A_FYXSCK
MS3C'>B4-YC;@""XDX4#J">U&@:=BK*JI*RHQ90>&(QD4VGRI(DI$OWSR3G.<
M]\TRD0(14D;[N#U%,I.0<B@1,13:<K;ES^=(:!C",UUOAS5#=6_V:9LS1#@G
M^):Y,T^VN'L[F.>(_.AS]1W%.+LRJ<^1W/1!2U!9W,=Y;1SQ'*N,_3VJ>MST
M=PHHHH **** "BBB@ I,TM)0!%=7,5I:RW$[!8HE+.Q[ 5X3KFKRZ[K$]]+D
M!SB-3_"@Z"N[^)VNF*VBT>%OGF_>38/1>P_$_P J\U%9S?0YJT_LBXI0*!3A
M69S#9'\M,]^U5>3SW-.E?S']ATI!0!LZ=I-O=6=N\@F8W#2J95.%M]@R"1CG
M/O6E::'8I?P"6"8HK6YS(_RS>8,E1QVZURP=E1E#L%?A@&(!^OK5JXDO[Y/M
M4HF>.(!=X!V+@ #'8=J+E)KL;+6%K)I:SRPW")#',X@\WHPE5>N,\YZ?2I6T
M6VMQ?FU-PI@\Z @L"9,*K#MQG..*P);6_5E$T-T#*2%#AOF/I2"UOR7(ANOD
M;#\-P3Z^]%QW\C<.AV"&59HKJ.2VB0SQ*S/EV;&%XR=HZX[GVK.MM/@DDU%Q
M'<3):[3'$/D=@7QD]<8[TQ-/U>8RR".[\RW4;MS-N 8XXJ&6RN[>:X,2SLL!
M*R2JC+CUSGD4!\CJ-4TJWNM3>.4R@/-,(HQP@;*  D D=>O3-9\?AZU<11R^
M= SP"5KDN#&K>9L*],'\ZQC;:C$4)BNT,AVJ<,-Q//\ ]>ITM]2U.5+#9(6M
MH3B$Y&U5R>1Z\FB]PO?H7Y]*TV%+R017A^RQ,QC?*!B'"C!(]SG%22^'(-\\
M-J)99XY0-LC[/D.W&TXVL?FYYS6%)%>>0)I4N/*/R;VW;?IFHS-*5VF63&<X
MWG&?6@5T;UYHEE9V,MTR2MB%76,2G 8R%#DD9(XSTJ;4M&LXWN)9I+N:5Y)%
M#1INV%0,!L#'.>^.*YII)')+R.V>NYB<T"60!@)) &^\-Q^;Z^M%PYEV-75K
M9--C"V@S;7:XW29W_*>X(!4Y_ ]JR*<\CR',CLY]68DTVDQ,**KRWB1\+\S>
MW053DN))?O-@>@II#46R^]S%'U;)]!5=[\G.Q,>YJI13L6HHE:YE?JY'TXJ,
ML6ZDGZFDHH'8*NZ)_P ANS_ZZBJ57M$_Y#=G_P!=10#V/0J***DY10S#H2*>
ML[CJ<CWJ.B@"PMT/XABI5=7^Z15*CI0.Y?HJJEPR\'D5.DJR=#SZ4#'T45+#
M#YB.[.$1,98C/7H,4QK4BH/2KD.G/.BLD@PS 9*D 9S^?2D%A\@D\]1&0I#[
M3SDXZ?446'RLLQWL"2*V_" Q[$"\QX^]56WNUBGED<.SOPK@X*@GD_E4D6FL
M9"&.1&X5U .,;@#@_C0;$9F9&1XQN )R-I! _K3U*][0<9;<37%Q',!*S$1A
MP?E!ZMTZT-+%.TI$H5KA5CP0?DQC)/Y5 ]DZWBVP.78\$C _^N*$M%D&Y;A2
MF\(&*GECVHU"\BS'>PPW!N0VYBBH8P.A&,GZ8%-2X@CMIK82AA,6._!PO3'\
MJB.G,HPTJ"3;N*G/ W;>OUHDT]XV*EAQ(J<J1R<]/;BC4+R[$=W*DDB",Y6.
M-4W8ZX[U!5PZ?M4EYT7 W$;2>-VW^=#Z9)&I+R1J03@$_> .*+,7*V4Z*MOI
M[()R)0_DG:P53U_P]ZJ4K$M- K;&SVJ4_I4)J2-OX:! :0BGD4TT ;7AC4?(
MN3:2'Y)>4]F_^O769KS@,48,APP.0?0UW>EWHO[".<?>(PP]#WK2#Z'7AYW7
M*R[124M:'2%%%% !1110 5#<W$=I:RSS-MCB4NQ/H.:FKAOB=K'V31X].C;]
MY=ME_P#KF.OYG%)NR)E+E5SSC5M3DUC5KF^FSNF?(']U>P_*JM(*<*P.!N[N
M**9.^U,#J:D'3FJCMO<GMT% A *=2 5M6^DVC:8ES-)<;S;/<E4VXPK[=HSZ
MYZT#2N8U:UOK$4%I"&CE,T%O);JH(\MPY/S'W&>G?BK<OAI(GNU9IML*O)&Y
M*CS%4 D!>I.#C/3-2/X?CM))8Q+(WFV_F;FC7A2ZJ%.>CC/..GXT692BT/G\
M16UIJ5Y]F,MQ'<2[GD.#M'E[?DS]>_TJA)K4,L44,_VBXB2Y25BQ"%D5<;1M
MZ>U3SZ!9JLBQ37.\&X"[PN,P]<X]?TIUQHMO)>W"S22Q2-<K;P2 *J.YQGY0
M.  >3]/6GJ/WF0W6MVEQ926JPRQH8!$K*JCD2%QQGISCK4MQXD@GNQ<^3,'B
MDE>-,C:^]<?/]/;J*HWFGV<5];06UQ(XDF\J3<A!3Y@,Y(&?IVJXV@V:QW,W
MFW7E6QG5E(4,YCQR.V#G\*-0O(3_ (2-!<3R)Y\9D>%E8!6*A$*G@\'.>GI5
M6/4K6/6)KF.!H[:2)XBD>,KN3:2!T'/.*T;'0;3^U(HI#-((G@:4-C9().P/
MMD?7GI1+96<UI<WTD<SF2U:5%&T>41+LXP,=/:C4+2L4)=7B>TD54E\V2U2T
M*L1Y852#N'N<=.W-9-:.JZ:ED(GM6>:WD!Q-D$$C&>,97!.,&LZI9#N%%%07
M%R(>!R_IZ4)7$E<DEE2%<N<>W>J$UR\IQ]U?05$[M(VYB2:2FD:J-@HHJSIV
MFWFK70MM/MI;F8_PQC./J>@'UIE(K4 %F"J"6/0 9)KU#0?@Z[[9=>N]@_Y]
M[<\_BW^%>AZ1X7TC0HPNG6$,3#K)MRY^K'FK42U3;/"M,\#>(M6 :WTN9$/1
MYOW8_6NFL_@SJLH!O-0M8!Z(I<C^0KV3%%5RHT5-(\S@^"MF /M&KW+GOLC5
M1_6M"R^$6C6=U'<"ZO7>-MPRX S^5=Y13Y45R1['-MX)LS]VXG'X@U7D\#C_
M )97C9_VTKK**7*B'1@^APL_@[4(LF)H9AZ [3^M95SIUY9G_2+:1!ZE>/SK
MT_%(5##! (/8TG!$/#1Z'E%%>AWWAO3[[),(BD/\<?!KF-1\*7EGE[?_ $B(
M?W1AA^'>H<&CGG0E'S,.CITZT$$$@@@CJ#14&1/'<8X?\ZMQ3M$&V;2KCD,,
M@UFT^.4QGCD>E,$[&J-0N%QAE!&!G:.W2H_M4ODB+<-@  &.P.1^M0*X<96G
M479?,RT=1N"22ZDGOM&>N?YTPWL[9!90""" H .3DU!11=BYF3/<3>9'(3M9
M!\F!@ >P]*47LJDE?+ )W8"# /KCUJV9TDB3$D0D$ 5-P'RL#SG\*B#0&_E9
M'1$"Y7@89L<XSP.],JS[D(N+AL'ELJ8_NYR,YQ2C4)QC!3 QM7:,+CD$"M$7
M<$<JB*:)8EE?C Z%>"..F:K"6,F)?,B4I%EL*OS/GUQZ46*MYE5KN5P0S [E
MVGCJ"<_SITEW.Y(EVEMQ.6094]\>E6KB2!23:O"JB0LP(!+#C&*K7[B2^E<,
MK!CD%?2AW)=UU&_:Y=TC94/)G<VWGGK4%%%(FX4F2&!'6EI#2$3YR 13#21-
MU7UZ4\BF,816SX8O?(O6MG/R3=/9A_C6.:17:*19$.&0[@?<4T[,<)<LDST>
MEJO972WEG%.G1US]#WJQ6YZ2=PHHHH ***2@!:\/\9:J=8\374JMNAB/DQ>F
M%[_B<UZQXIU/^R/#M[=*<2"/;'_O'@?SKPL?7)[GWK.;Z'/7ET'"G"FT\5F<
MQ'.VV/ ZFJXI\S;I#Z#BFBD(6G^?*$V>:^P*4V[N-IY(^F:911<"P-1O "/M
M<^"<G]X>::+RY (%Q+@DL1O/)."3^@_*H:*+@2_:KC_GO+_%_$?XOO?GW]:>
MVH7CQ&)[J9HV.2I<D$U7HHN%R=KZY>XBFFF>9X2"AD8MC!S3KK4KN\GEFGN)
M"TFX$;CC!.2OTJM11<+DWVVZ"1I]IFVQ',8WG"'MBD2[N8\;+B5<*5&'/ )R
M1],U%11<">2^NI0PDN9G#+L(9R<KUQ]*@HJ&XG$*>K'H*+!N-N;CRAM7ES^E
M9Y)8DDY)[TI8L26.2>])5&J5@I*DBBDN)DAAC:261@J(@R6/H!7L7@;X:Q:2
M(]1UI%FOOO)">4A_Q;^54E<N,7(Y;PC\+[S652\U<O9V1Y6,<2R#_P!E'ZUZ
M]I.C6&B6@MM-M8X(QUVCEO<GJ35^BM$K'1&*B)BEHHIE!1110 4444 %%%%
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M!I7&IHJ45(\$B=4R/4<U'0.X445;AM4(W,P;V!XH!NQ7CB>4X4?CVJ62U\N
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M8R-JEPK1A;="A]JSJNVAS /8FH1A3W)Z***9L%%%% !1110 4444 %**2@4
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M(B\+_$_3;+29IMC%/-#'G#9R#ZC S6LZ<9S?O:B3:2/6\TM(*6N4L*0TM(:
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MZ&G5R/P\\0?VOH2VTS9NK,"-L]67^$_T_"NNKH3NCT(RYE<****8SPSXC_\
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M3B2(I@E(F1CR3@-G.>>_%5M/OX[:V:.8O_Q\)-L R' SD?R_*BPK*^Y1:24
MJSR -\Q4D\^^*8"5((ZBKU_=QSPQQK*\[+([F5UP<'&%_"J-)D/1DOVF4?Q?
MI2B[D_V3^%0T4@YF3/<F1"K(OUI+>;RGP?NGK45% 7>YJ456M9L_NVZC[IJS
M5&Z=T%%'2D)H&&:ECCQ\S=?2B./'+<GTIY- P)II-!.::30 $UJ^']%.JW6^
M4$6L9RQ_O'^Z*K:5I4NK7@BCRL:_ZQ_[H_QKT.TM8K*W2"!0L:# %7&-S>C3
MYGS/8D5 JA5 "@8 ':G4M%;'<%%%% !1110 4444 %%%% !1110 4444 %%%
M% "5S'BWPHNM0_:K4*M]&..PD'H??T-=124FKZ$RBI*S/"7C>&1HY59)$.UE
M88(- ->G>+/"4>LQFYM L=\@Z]I1Z'W]Z\REBDMYGAFC:.5#AE88(-82BT>?
M4I.#%!IP-1@T[-29LCDAQRG3TJ,'%6@:5+83-NZ8_6@EZ#8(\#>1R>E3TA!4
MX(Q1FD8-W8M%%% !1110 L<C12))&Q5T(96'8BMF>XTC57^T7;SV5TW^M$4>
M]'/J/0UBT4T[%1G96.IT#4;&UU:&UTR!Q]H)CDN9OOGCC ' &:SGUUI'9;_3
MK*Z=25+E-C'GN5JGHS%=;L2.OGI_.F:DH35+M1T$SC]357=C7VDN1-%Y=>2V
M^:PTRTM9.TN"[#Z9Z5E2RR3RM+*[.[G+,QR2:;14W,G-O<3H,UL-I"2-%F98
MVD*1HJ1G!8INR>:R*L?VA<@H?/;*,&7V(& ?RH5@BX]2Y-IMLL8=9I%V6J32
M IG<2<<<^M"Z)OEEB2X&^ @3Y7A05)R/7&#5%KZ=X?*:4F/;L(P/NYSC/UJ4
MW]\$BE\YPH;Y7P/F(&.?7 ]:>A5X-[%JYTZ%[.UGMWVJT<88E<%R[L,GGVIC
MZ,%O(K0W \^9CL&WY<9(R3GV)JN-4NP0PG(PH4#:,  Y&!C'!I#J5T0 9SPV
MX' R#G/!ZCFC0&X=ATEG"MU#$EW$R2G!DR,)SCG%6?[&"OMDF>/=,L*!H_O$
MC(/!QCW%5&EN9E^V,05B8)N"@ $Y.,?G6@LNIK$D(:(33,LB?.N\ KA0!VX]
M*%8:4>Q"FBEI?(\\"=51W7;P%9L<'N1D4J:.DCKY=SE6WA1LPS,IP0 3SUSU
MJF-0N418UG8!",=,\'(&>X![4ZWO+MI(XH9,NSG8" ?F8]>?>C05X=B<:1N/
ME^=B<1K*4*<!2<=?7G.*<^D1(CNUZB*)'B4R +N9>O?ITJ'S[\03?O&V0, Y
MXR#NX&>I&138KF\:&X9),H/WDN0#@GC(ST)SVHT'[O8L7.GPVNG7(+;[F*:-
M'.W 3*DD#UK,J>6^N)X?*EE+ID'&!R1P"3WJ"DR)-/8****1(4444"#.#G./
M>K\$PE3/\0ZBL\FI(-ZR!EZ=Z:*C*S-#DG ZU,D87D\FB/;L!3H>]*33.E"D
MTTFD)I":  FK.FZ=-JEV((!CNSGH@]:=IFF7&JW/E0#"K]^0CA?_ *]=_ING
M0:9:B&W3 _B8]6/J:N,;FU*ESN[V%T[3H=-M5@@& .I[L?4U:I:*V.Y*VP44
M44#"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH 2N?\3>%8->B\R/
M$-XH^27'WO9O:N@HI-7%**DK,\.OK&XTV[>VO(C'*G8]#[@]Q4(->RZUH-IK
MEKY-TGS#[DB_>0^QKRW7/#UYH-QMG7? QPDRCY6^OH:RE!HX*M%PU6Q00%V
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%** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>image_014.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_014.gif
M1TE&.#=A< )U 7<  "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P
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M!8%L1UP7>A]!?/0F[GAP(.:P)1YKQS$# N!#AA):BP 01. ! !WJJ$>]$JE
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M,!B#,CB#-%B#-GB#-1@I<1(1W7 ![0  !T W$R .T_* E3(!T0< TE W"6
M%^9CS&9]4E@5Z' !%%!,%@ [U ,[#P!]30 [<4,!-#( %\!D.!>%4YB&4>%N
MN?$K#P H; < :E9W!6$H:GB'>V&'>+B'=J&'?/B'<>&'@#B(;"&(A'B(9S$
MBX2(C%@6AO_8B)#H%8\8B928%9-8B9A(%5V4B9QX%9?8B:"X%)\8BJ1H%*-8
MBJ@8%)N8BI'H Y3@ ZX( E,@BR#PBK$XBY308SYQBJR(A^C  >  #A6  1R
M 14 #A_P 1(PC,P(#AP %+S8BVIX "#@C-98 1#P <<( A)0C17P >! "="(
MAM*HAE.@C=>8C,=8C-S( >H8 7]G$0E@-M/A>^Z1#[\G$&1()E+@@ UD?C@'
M0^7(AP/  1( C-A8 >MXC=E8 1+@ SL($1;@"$UP#M#W ,GG++$W<U6X9 ]
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MSH$=V,L.H! NV.6,S$!JJN/<Y=BNRMHN[YZ1 #ZPU=;;R+2>Y12]Q_C[Q0T
M ;W.TJ=ZTT&*JD$=TP8_&L9>[\QJ[T><[^F\U"C] 1Z4 .2*V >=J ._ZATO
M&J__/NI2;.#A_N?:3;VYCM$:O:7Q:N[BO.A^>NDQSQ@L7N^%:N&#NNQ%C;_
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MJ!R_B%_$Z7KH^7RD9 ^_9C_6_2P3<SW]:.$#6M#<#F"@^;_<^J__6B#N )&
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M0I7;)!BC3G7CKQ:*40$##TNJ*:]90FE!2*TP"@(HC0K+,($#  X!@ U%E <
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M] X5JF-D"L2WRD-:;<Y#I+H6_6/'<N7*A>58UM_G_3 4AMYZV%\5%H#\[5\
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M1K,!8H4M3C$0JXBR,Y^0*4N*05H&T3B[,47M2D5<H<+,M[;0#(E,UL(6!Q"
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M1.$5<04;HS)1Z]5XM;76CHF[:,YU11)<)P>$]Z/[NMB9F$DQ/P ;-:WA!5T
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MC]83$.JKU['>QHP6!4CK!H# &(;/BW,4<&%@0831#W;,GI'"Q '7C4-G@ER
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MS(J$(@$UBD.5C<)**2'C@ ^T(T064$$4+D"0"T!A*Q-0![D&0H 5\.0!&Z"
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M7@UMCC +W3CE4/CRA'C:O(@'/0N/7<WILM(IG'7,E!#(@3"##YBF0A)GV?*
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MG?)C 7[^ \06@?DDM@C $<8 O? )!#_ ' B MX;BF;%1QN]*K> M1R5;Q@F
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ME2@NBR2>!&.&@].4U*X5> 1@=.U]A0%E^^8XM6*#3=G VCIOO=;6B_\Y "H
MYX# ZI15>6FZ ^=MV>7- ?!#(0221^T?1S6[]T$4*)\\\NZ^_P[\;<%%U!B/
M'&FY+ZD+\'.J>Q[E7-VMT3KGZ,&BCYJ=Y9!%Y#  JYJ^%F#"B2FY!+YN9*M:
M MW(*\_$URQ0$P#,[-59&C4[A>Z.,-KYQM0',*T$C$0F;VO1AJ2Q+0*,X5QN
MD\FUR+6G<SEP0P)XT6PRA*T,U69FI0(6TUR6E\B5R5CN00BPNI2!@'W'?QT$
M#^B@A+T6EHI[6IH"[(@G%1""0W</D,#0".88X3C 8\%3U  (4,0D*M%WBVM9
M8"QW*4?HKA\D!!]V8&<6)#GB+$S:CG&.)K/_[_P'5^0Q#WIXUIRA40@^H@,'
M KH$&?OPPW+^T \ ^,-%XXW1:P:BSXX8YT6SE T #]HCQ-(TG 4@"4/>0@JZ
M4G(X 4P 'G@[%U+T5A,(^JTG;:,@3=KQ)Q8AKI$@2HGB^ <F*'9*A%2D7*L>
M%Z%,*4MLQ7L2  Y0%HE4+4U84I5#W)/&+D5F3&4ZD];"5DLQ+?%0O5NF,YTI
MN3)),YK4M$P$& 6>6W4M0'(:H?A\="]'90!ZRFM(LS(".J")"IOBL]=@:LBJ
M*G'%,1XAWZQ0B2S3_64@E7E 8B:V,;5A@%CT.]6C;H61G.VO99UB80#\!(\!
MPJTF;PL72;2UI04N_P5;GF3"B<S527$-924WH<P DD)2#9$T*.QK8K*B926'
M"$1RQ@(H8U"UJQ5V,(CH#-WHRIFV$W9O"LW*&&1T9$\I^-!65)E26CKV3#<U
M,ZI4]=TY*@ !<'P  EO]@%:YRM6OR@H V+-:>[YTKP7X0&8D7!F#G&J6G%$"
MFV5D*.ATER12.?4^VWMATJ #2-0II %LE ^$]O@H?MZQ/WSMHN4(U$>X(C8\
MK%*'[B@1T^)Q#B)^ZL8 \Y;!E-BM,MT*+21#5**^B8AN@7,@X4+Y2'%A<$4;
M5-FQOL0>A;!R.50KWH*&PZQ9GK5'?DW8$WL[P\CXLG:'+"&#V&BF>AH/D?]5
MR5U5>3/5ZVKW8PGPAP,RYX %A!>\XET >/TAA<BBKV <Z6;R_!7$'0W''YD"
M6[V*$ZT,^+2L&X&6-E-5F>]=27OY_8NL$B"!-YYJ2?A2K#]_E0'F;?,OPQ+=
M\()HJNV,DSKLA&D+S0O RGQ6@H)+"485F!11RG9='R6@2#/8% N>=&\$M"A)
M=E536$'8O"*<7'8:YS*'J#!'TNL7C])YR[+&%\-5&JJ.Q-FJCEBW"?\$)SC3
M"-7MYN:(6NZRHBZFSS*2!P-VM*V57/<7M4:JK9=2CY4VG%<JC1&NW ': 90$
M2RSVUY;B4%9CDTO8I\VG/!H^*T84BT?!MNRH9%;_KV.'VX!!/FC >]2PA;K!
M2-E:TB8(K.3?YM84%CE2M2NB\=]*^B<9 4[% M@5!XC3'L<-1[>4:65YFJ3A
MJ@Q9LKC=3G&5Q*/'U5)U 9::>U#W$'LB6&C.49;G#(Q7+V\FN]*N-LBJO->,
M)!NR +BP=N;Y%?<::V$_S@NSUEM">:J.3&3%)J<@HRQ5Q9/)/,6(LJ/6[( :
M3+'B^.<3ZU(ELV! ?@ 8=UHQ_$2%8M._ 6W+M  P@06RZ"<II> DN:51CL+M
M)^AB\?Q :F-OI43&-DEIM5**8_$569Y5Z7%-N2B@A.2(61^F9UV*JV3.5<D^
M3E;YI0(N<UDUP8=MEAZL_[)L[<Q0.^E,U\S0A5;+-G^ES/PK#Q8K]Q<?3)'-
M-9.U/Q3.(\>-#<D D :S2\@UGZ$'30ISW'&<-C_SH=V) ;I:9=K1JT6#23C<
M'EZ/_IZ6;F+V4NM1T!X[.V(243"2J]F2JC4]2G&1.G"QC>W<-L"N4(94@ALZ
MI>EJAUR%_ @ K?QAZ+?7 !6:!:[8Z6FH0* CQ]9,N<6./9'</E@V%L"80V//
MWC-@W:9;9NG"5V("*$&)*2!?^<E?OO,I8<<>*IC7<+5*92+@J^TQU#C=/(?!
M,VSS')'SH(?\]P)\"@)\FL[F60\PI:;7+WH>.,'^^KFIUH<>?Y-Q8C(?Z/S&
M7?\P( 1B]<5_Z ,K"Q P(X92,F$2TD!:&3<3%04O)]%B0O$3<U,3UT)RJC:!
MIE0L[L-P;;%/-)5]Y59"!+@Q9Q%??M4-,916.9000U6"'?1?4_9/^+4P>4%$
MQ3<;2,2#424.?Y$CF6,60VB$&9 .;0( 5*8]-.AF T)UMD=H0_(R,4-Z0G(O
M]?$0TF$V]=<ZC_-KX:4CT0$AQX$T _ 7MS.&OA)H;40?O2:%^;$?C+4F]N$>
M?4<<S19U57$/EY6'?#4TF/-0 (!I,Y$W;V-QE%%:I.1)%%@9FQ1)(@=)A7,2
M/J%B<M,4BN,5V"%V'"%"WK<D</AMYJ5"AO9D,55GHH/_9U*'7,9!;-XS7\*E
M'A"3 >"@+V=B)+-W5F(2;<)'?#\(/)2P>O!6?_"F3(NE;1[$.=;7;<JC1_*T
M$.*6??7V+.+'806X4S(7.NV6/5EX.=VC H$H6<=R;Z&(*T'6?[OR8/V2??(D
M$ 3U 1F@'O'57XJA1?;U4C>E& \7<3W1@0UT40F4<1VH$ATG>>4B(S=A$YDW
M8Q(D<M?"/M?4/#.4$3/E304C&!N!)*3C',<24+:T3F$&C6DE@\>R<PS%B\C(
M5"\87TA7?+\(C+G1#0DPDS5)DS=IDS-9&5$@C(_R6V0H='('1<RE88KU:EI(
MA=J!$5K22ITS:Y!VCPJ"(''4_U=(<PYB%(AU949_U7;'9F^%Q7NSATQTA#5Y
MMS2M"#E?8WB(]&U_(46$5#I>TB13^1&$*%$=E2XF1DD?8DF@!I T06J+5V.O
M]0"L=CB'Z8'=EH>XQC4YLEN;&%-.(G-#UH20@46^AC2XU"FRUFR*,52XAW;)
M!EVT\UL2H6=F$7PON2LQ^1L/  X2\)JQ"9NS*9L8  ) $P4$T"Q<,17'^&#9
MQ#([PXP?L'#Y:"\-((TFZ9%505_7B$+YU!$_4QG\]7X"F!?PM#TZES'*=H,8
M)E_]%WWZ9V7'66%7A8^Q5BD<<8\&]6^_Y \)B$'HPA(UT6DH9H$ F8'C4H$C
MU10A O^0&SA;*89CE0ED%>ER$1. I:)"=+$]G)(ZH8-+C/)^"\$\*_.9V<@C
M^&)=/61Z4U%_0P2,7,::K1D91TB$)^H1#L!&K)-928E4!X8!H8=4A0>%TSF5
M:#=[W51ZZ A%K2=IJ,1+0<8=NA,ES.9$7NA7Z2%[O?45A 5*AC66Q9&A&3
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M[;K!!'=SZE 0ZKS![K\A!2N@[K;Q -7N&P*D[./N4;_A ?>^&P7 !*W.&^9
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M"Z#0(*B"#GLH 2@NB,*\^BSJ#27D#H1B@P02^*\A"U:0!P #SL.JN HO9(B
M^ @$0+B'-J 0@ ,FN*>D 5:0B"7T%A( BK(FR,RA=KR9\0(1$PIPP*5V;$B#
MX@IZX"3[O&',@M4:0B=) &R+<#<LL]3O@;]J7&C!UE!\R#PFO53HG ) NJ@;
MW!)H@B\ ^M&/QBIQDP(="E38[8$ES5RH0CAUXQ-(W<YYX!XC+2J@ST(?:&U+
M0G,SE*7=+&124$IU\R_0.57R$Z$*WZKRTX,>T.""_W;J+.D< RRK$+=VEKP*
MG3;1B6I4W!XHH,PV$W"55"V#S9(PH:3:;8)W:-4MJ]MRLT# W0ZHYP(Q2R)
ML$H%N$!.W0(#2K<#+A# 0/V@4 =+"@1H8C<-S,42V2 9:@<*8W5[ELC<$/2
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MYC&'QU ?@&(>>\.<LO#8*X%(8Y3"-$Q#,T1& #C,@_"!^<I&#@ ! 'C&I:V
M?QW:951:2OB *:#7#-5(DJP P;I-#O"!*!#5;DC:"D!&J@4 QBR("-5,Q 2
M"JB[@GW;!-0 ;:D')LB.Q/O-/"P(V+F+D 3)/2R(_Y$"T-$(-H&'JU *^D"'
MA2R0)OC;!+@;CYA.I%H<=/"(7"4,>*!!0BP(=(#<R54(%X7$*82 )C1##&C#
MJ#N(;D 1*8"FIWU(>=M$SCV>0#P *3@ S<))IC(*IQR[UWL]C\P^N!W>"TR
MA^4)<P V^D'*5"% !JB)O^FK<[C4 J6$/:5>'SO(O88(QV8D7N_]7O#]D_ =
M7_(M7_,]7_1-7_5=7_9M7_=]7_B-7_F=7_JM7_N]7_S-7_W=7_[MWPD,"  [

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>image_014.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_014.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "# G(# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M<9&?2@!:*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MC*&"4YA@8A4/3<%SG\Z=A7.FANH+D$P31R ==C XK%?3(IO$"7ZZDGW@?+#
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MMI!IUVB121LOD3@<9!Z'TSTKM:35AIW"LS7XD?1[F0J-Z)E6Z$?C6G6?KO\
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M_P#&M'_A3Z_]!Q__  &'_P 51_PI]?\ H./_ . P_P#BJJ],FU0SO^%MZO\
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MO^%MZO\ ] VQ_-_\:/\ A;>K_P#0-L?S?_&M'_A3Z_\ 0<?_ ,!A_P#%4?\
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M?_&C_A;>K_\ 0-L?S?\ QK1_X4^O_0<?_P !A_\ %4?\*?7_ *#C_P#@,/\
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M'\W_ ,:/^%MZO_T#;'\W_P :K2>!M.36?[,&KWTC+*L,EQ'IQ:&*5@"$9PV
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MLG\#6!:^)M6M+RW,MU<W>F&YD"3W5HMM+<(MK)(RX95  =5PV%SR.V: )O\
MA%=<G&B/=R)(RRO'?"28R,MKYHEC0N0#(P,:J3WW&M;PQX?NM)U?5[BZ$?DM
M)Y5CM.2L&YI,'T^>1A]%%9-I\2);Y3%;:,LMX;F"!$2[_=L)5<JV\H.GEMG
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M '>N\H **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@"K?
M:?;:B(!<H6$$Z7$>&(PZG(/'\J@U70]/UM8DU"#SDBWA5W$##HT;9QURK$5H
MT4 <%IB>!(];6*WUI;K56GB.)M0>:5I(]ZH/F8GC>PQ6O?\ A/PZJHUT'A#L
M\2M]I=-S33>;C@]?-.Y?0]*=/;WX\5ZK<6L1#-I,<<$KCY#*'E(&>G&5)^M<
M1H>G:\\<)NWU:X;[58R7,5S:2(J3"8%V!>1MV #DH F,4 =O'X%T2-2-MV[F
M<W#2R7<C.[F/RF)8G)!3@CIQ4D?@O1(KV&Z6"8&'RV$7VA_*9T4*CLF=K.%
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M+;-(WEV_E$;-A3 R<G&3N8@=A0!W&FZWI6LB4Z9J-K>>2VV3R)0^T^^*S(=
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M_P"]CY$)'<CW(KK* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
' "BBB@#_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>image_015.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_015.gif
M1TE&.#=A< *1 7<  "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P
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MN;+ERY@S:][,N;/GSZ!#BQY-NK3ITZA3JU[]-$$#UK S)J! H&&#"[5)CJ#
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MTB@HN0AYY7_83"8*7*@"'2B3[![%F\X%9T1%XLT[WM:QZ&08T**%8*TG]F,
M2.!+Q[*U=]PHD#_I@P+(:\:$S]3KCVU53D)[!V_@]*42P=.*O.D 8@4B 3"*
MFP)Q*+=0'7(;H=5KW$.BE1F7Y2UNV_H<'5 M##'T8 #D+YALC<ZQ],'#M6'
MMFXZ!ZQ;#9H]+V3"^C":E4X&LM/F:W+Z";6B)[8!)5$;GN+_%1,8.S0F >2G
M/P9IQCW>$_(+Q&U/^[E K#+7M2(VY*8UDVB?6$KS#>1Z6C?MVCOJ:(YX-@3,
M%]#'PP#N@!!10 ?+&D=+]=,!FQMDPL-UDP[J5! TUZP]QO2?Q2DN&@(Z5R%=
MQJAR5M0H=6CW"0WP0 ($;31S6(%* UC1OY(*I 980?#;H9!KMIL <ZBT511J
M;T+$L")+RR<!]DC L8U+^+B-8T42B8;B[_MU<TA>.9'/+*P*H@70KQ17F9].
M,Q!/T72Q_?:XS[WNR[K[WOO^]\ /OO"'3_SB&__XR$^^\I?/_.8[__G0C[[T
MIT_]ZEO_^MC/OO:WS_WN>__[X ^___C'3_[RF__\Z$^_6@YY7O6[WRSMY^/[
MYQ^7]L>?_OC/O_ZG?+%(R<?_ +A_ C@5$O,:[W %WQ$/&W %N<$=5R @%' %
MTN$I5U!< WB!2B$Q#)(X"O)>$G =P8$>CG0!-],!OY1K8==_?!8<++B"+MB"
M,/B",AB#-#B#-EB#.'B#.IB#/+B#/MB#0/B#0AB$1#B$1EB$2'B$2IB$3+B$
M3MB$4/B$4AB%5.B$H_(05M "5Y JM=$ WH%%ZH$!86(.D5 F[""!P2$!%M@I
M$W)XC==X;NAW*R*'<#B'<7B'=IB'=;B'=-B'>,B'?^B'>BB(@#B(@7B(AIB(
MA;B(A-B(B/_(B(_HB(HHB9 XB9%XB9:8B96XB938B9C(B9_HB9HHBJ XBJ%X
MBJ:8BJ6XAQY@#JUH>=LA@J$2/\#E7F%H( E "5^&@,%! 047*15@-G_#.&*@
M.@U@C,@(/<EXC,K8C,SXC,L8C<XHC= XC=98C=A(C=IXC=N8C=SXC=X8CMTX
MCN!(CN)8CNAXCNIHCNR8CNVXCNX8C_ XC^]8C_)HC_1XC_J8C7\#/=#C8=OQ
M#PE@(QB  ;LC+$G%10"0:\0#-Q) )Q? #:(E(O80+AAXD3X1@5=0 0[()P1
M"5>0>3:W 91@)!AP!3J@'"@I*EEB#O>'D3 )$]S02LU >@ PDXS_E2\),&OF
MH%.BEQ!/L$LQ.91$ 54102HO291*J11@EI1+^91%@910.950H75/1I58F8%"
MF95<>11;V958R8+-4(/C\&NH-A-2"998"0(BH $:, UN"9=NJ0$B()?3( (@
M,!.?!W%J"973L  ($)B!B0B"B0 !0)@(L  +H $+]1)IV9=0:0$+$ "4.0'P
M$ #P8)F7"0^7B0"(( (T\960J933@ B9B9F4B9KP8)@(P)D+ )HR\9BCJ906
MD 6<F9JXJ9H!$)@:8)05X9L/02I7.9M$69J8:9C'N9K'B9GM\)G?]A#-\)Q;
M=233"37RX0%.29SSQP[&B9JM29F7F9N(_S -P)D1Y0D S\E2V:F=[S<-AJF<
MX4F9[XF<K_F<VV$XE*(<PM,J?6(XS), .F4X )DEHLF>&-@,W=F9J[F9X!D
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ME' E7L@ #'@=1B<0]Z #&C,K"\BG^<$GM9NWW'M\() !&0 !&2 " TS $$#
M!DS C"D0ARNU=8N<RTHU^7$ V 8 ]A =^\HEAG(!#VAA&Z"J)4:K34( 8J
M_HC"T*/"#<#"+IS",+S",=S",_S",GS#-(S#-IS#/+S#/ES#0*S#0=S#0_S#
M0GS$1(S$1IS$3+S$3ES$4*S$4=S$4_S$4GS%5(S%5IS%7+S%7ES%8*S%8"P"
MD^D.$7"N[G"L:8S&B,"U"1 -#2 "$;"@[XFF9IH%$# "C-L,6E ! O .<30
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M6"#1@\A]3HU[];#C>AU[7\>>7?MV[F0':$ D5S-K!!F*A_[94S/0ID^+'G^
M=+U.V,UF>^V>7_]^_OVOV[]I@;@(\ZD\+?P24#F&-NNKJ-$@4C BR!2KS3\+
M+\0P0PUALLNJUI!ZK:_0PFNMM.'<,ZHAUDQ;#0&LGKBOP@UGI+%&&R\,$"["
MU O@@;HT."JYO0IKT(*[5#PJ. 1$L&^K)BUZLJ G["'J1BNOQ#++L**,4J/O
MPC/-PY\04(&Y+(0C33UX/$/-P3#G"TH$&&EB)[&/:-,R3SWWY!.D.4W*,3D=
M"S0/ ';_C!QP2(B*/#-)09'+PH(N/VI&*W82^*J!*@%00 P #_@J&D\!^',B
M=O #8-(^5V6UU?Z:K+.D)@-<;RZ?ADK5J FJ0K.J]J!ZBRHTEXI SI$&P""!
M>C"@1  %"-"!$@(*:F #2MX!@-D-!FC@BBNPO0A/5\<EMUS]2"AC!W779;==
M$ K*,<+G!++TKP<4'3*I!J>)X+E''T)DNI ($, * AA0!P,,!""@ AVTZN""
M!/#!0)\$WE'XG7@VF!9*K^H!8 !VQJFGTI%+%IEDDU5.&>635W:9Y9=;AKEF
MFF^>.6>9=XZY9YMU]AEGGG\>6NB@@2;ZZ**1-CIIIYN&FFFI_Y>F6FFKGY[Z
MZJBKQIKKK;7.NNNKG]!*J]#602AMM=?.HM!Q<#+1)[F6RW4T-=_\];T =@5J
MO0>*E3&C!,SQX  *IJT6@X*2S=8C#RBA (!ZKNA *PHBMZBKPPG@O'///P<]
M=-%')[UTTT]'/7755V>]===?ASUVV6>GO7;;;\?]=0HR  R!=GP?\W>'[FWJ
M'GLHZ,8A1>?2ZP$*["' K:2"?+3'"Z"'(+WEA40  @)4K:@!?/3!1P ,$&=
M\6RMR%8! ,R)!',=]+$<\XJZ:F"  4;0O__]_>=?_P*HOP'^3X  1. !%4C
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MH SF( #OQ,D3(S\O>NZ$;G47<KWH3?+$(>U)!NQ1SW[:$5G/K, Y%/\/.PJ
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MB66?VTV   2 _\F3#<OSF K(G=\'_N 7_N$G_N(W_N-'_MJI 'U83J@6B&D
MO\T"*?+4ESB 'NGCB< XY.' ON29?B_4: U&'M$DJR!Q'NR)M!YS'L[)GIUF
M49@F  "]"'6HW0%0 &YH@#DBHX:UN,45 *X'B 84]&%XUV # 0 *FRD$,(!
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MPEG=*<8=5UHH1)A0W<'W'@(/2*/0-%HQN*!Y(N1VP $>Q -  X(IQ,V&W%3
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MX G4[/\5T@2 !9A#!:#5L+T# <P7S0F.!R3 I:!4IB";!*X5IHC3%;T9!B0
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M[J70NAL-P>I0S)O!YE#1-B[T'LM"B$%WJD/U7B\)8.]$26U!AA%?W$<6-"P
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MYH<MY>VUN+5@&B1 P,LBHAF  1D0!%"H$%Z A@P5(A QP&"&+/ 2(FBH<6$
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MY"CD1W9GG!#*HCCIAO N[':([)Z+V1 *3O_ !T_H1'OJYN).8D_L8=<>SM>
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MO )&U"UCON2F^H*?*,E3Z@\[!&G4BBSE5@O5LDMCH"V@3DDZ?"C</@(!T X
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M^#R  "I *(I(^'8" ZQS13R+1=!D&LS!'O)B]'HGY.*@-?-" 4LI+$R3 B"
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M"S)( P! Q )X". )=#AP( *!B!XT -!LVH*''"%*#- .D0B$#?\R-$3P8*+
M "<C(H+P!," #(@8PF/X<*+#FPL@#  PCJ9.E4-Q,O0)-,/&B$P]!DB)8 ="
M @*J5NU@-6M6# @]9/W709_6K/C>(;2B]9_5L!W45CWWCAV )QC&9@VKU0H
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MD\!>.R!F7E,YP4,"0C\JR-AM',)3& A%2?C>>?4 $ T$"PWTP)*W(9+!3P-
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MDK9DL/1@!IZA5^;L&6)N)F2K>S3[A<B= '"3TI#_U9LT0M)DX$Z<0>;48($
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M5C[)V925EJH$NRINL]M5_RP(@+=)L+ Z$L"+96+CHQ_+;WUIL$X#<,)XD@Y
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MGE:=Q1G:JH0#6K@!$H"VG@2*/E8I:+^"%BAH!SC@Y0&PK-DX>PG 0&I@&\#
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M(,__Q0VB?3)@8-&JI@?BXPJM2B"P_D&)G%W  0/0@O66]5BG4< !XVBLJRA
MB<5YP'B=1>;-=$ XB'JN 3K Q_\3$G .+2@ CZ\2P!5P]SR(RA,#M@4 !B0
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M'W0A"H@&S$B]!,N0ZM&BKS6'H(R,U#.' ^!;U7FEU%.':A5 !W @&** J:(
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9GW1*KW1+OW1,SW1-WW1.[W1/__0Z#@@ .P$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>image_015.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_015.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  P FD# 2(  A$! Q$!_\0
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M>N9\0WVI0ZMI%IIU]XA6.ZTK4)4A?>+AI5 ,65QG(+8&1G&,YKM?^%?^%O\
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@M].MQ!$S[V4,3EL 9Y)]!0!>HHHH **** "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>image_016.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_016.gif
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MYR4*1"^ CH*[DA(@9'Q2HL1LA @P%-@@$X)XY=.?8V!.,[O!$P4P")\?%<*
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M)[C @'@ &^JA8WW_RMZDCG>!<"%@=+0BR!7$PQH(^, 41PJ#/*!P)OC<!U\
M0$9Q5N:Z&JHD#%W;7PDV98#GL"8\%Z 4 KI1D)@58""G*\@3!H*P(R;$ ZQ2
M4Q@V(+6!E(L"2R1(N4HWD ^YKS@&NU5!)%"- N0#(O H0#6(B) KC*I"353(
MYMR&@ >4@#>#N\ %\B8O$$7$:7I,( "NF$4K%H"+@RR P)BXHQT19' E( BA
M2C2 ?L1-(/!9A@TWB9)8#>I*!,% ]P17)G<9Q'XM/&1""#@ A0#(&<J@P#)$
MIAPL#<0^&WQ?=/S3J5;_#:13D?RDH'X7S(>X0X )D) ,JB,0*"@G(1(HCJ/T
M)*4>#D 9#,G5 -RG-PD@P)N76M0 PD007"H, ;L4B /&8Z-R4<\9-H)/ \58
M(KH1I)>.XJ0^.P*!'))R "O[P06<H: Z+F<A=O2/$4\P,P#L;4<*:]H !AJZ
M <Q#D)W:0#Z+DS$ ;*Z!CRH.:S!ISQN-Z@$^R.=!GN A-MHI<?N#Z$$(&,EO
MVA0!6[/EX++&$/MQTQV/@UP!(D:C:-V30ALM0-Z>XR=0PH>&SBC!)2<IR085
M) Q=:N@^MXH1!QRIJIH$0'+REBMG1-0 4/! &\1#J<TI9QD60R+?(.BF13T@
M_PP(0,#F-M"YDA(D=P(1)3?M1T,>#(!U1AP N[1*$/C)K[%^0U('GD,A&)*4
M4?WH4C^Z5IP*!9"G"UG@(I5X F 9J3\#"U]5AXD[1PIDK.(ZW+2 M( 28* S
M S$9ZPS+6A]< 'I<#>Y&PO#;@@!O/^AH[*AX98!RC8VSH!6(.2@@RN> ] JF
MP)HMFZ9:L7:W<*<ZR($J)*G1*O !HR0I:P6"#%T])W,+B0XW3:K4QF:W.%<*
MG P?8$(?0,$'#O"!?\^TTX@:A *,4JE)#PH IX&-DKYL+9+6V4J/\A2HP9RL
M>6/H5_!&N)\/%JZ(+>+)>Y8 6/%[Y*PHU;AM0D TJ/\TR +(!<:#&,"P!;Q8
M@@<2S0L2)(D'F964YN''4[)5F K!GB@?@%N$W&>] NGA4&ULV,.F5AP,Z6$)
M1KH0(]+03F7RCYZ ^^,.!Q8=?+J"C@#P!&=LUW/:H:+\=&LEUMJ'S"/.<T1
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M,,.O@K"4<MK/%[P8 ))&P=L\]<@.MU5?]D5/!'#?YGU?YE77!M 0"2B!_NA
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M#A;&#$XJX/&5QJI^SLB0SLE^]-2I )(:<U'^%@DP[C0G;3%@(W?H[&%_YXY
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M!1D\R-]:A65V(889:K@AAQUZ^"&(;"WW''Q'%66>3 ZD=AM"QW$D1@:P-41
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M=-10&VTUTUA3??7375?M-==?BQTVV5F#;?;8:)?M--+^5/ N4UIE=QX&,A'
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MHRQE*,N@3CX]*I>(I4DT\L>30#4(Q61#2IKFAB&G7.QRN:@2,L5^T3=&#:_
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M[9P/5TF +(Z.RME895Y9F5B3^,E.(@)?C3"BE[59<S4C?*I9<!S=5D)$ QQ
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MISWK.<]Z0L$!/_ !D1Y5KQ%R2BGAH:,VY^:8W/T-BN#;FKKH1*G'>3"*E#-
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M=7GE?IC"E";1S^2ZS-C$Y'\[Y.6F-+%#3-V@XRI+_.M?\%TT5)NT%1_^&R[
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M!(@5AIL&U:?G&Y_:_Z*U/G4UMJ+\B]^KB@H]!&(%?YN+%2AW^:_B.>XRM<5
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M11G0<RC5[]O82H0-@'Q(BKQ+7C; #^/B'](LCUP5,$O[79&I$>59.4&   C
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M>5)*C80X8F$8>Z16WV5.4V-MXG,N-Y(:4[)%:0A@6P1-WE,V+V%UU\93@((
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M$<B1^G72@4I/$&E);, U1X)Q'?B+1+QMX*.39$Y]918-4]7"FG1:[;?="3X
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M3UT&H ,F3S4<Q*'B5.BHW !-M<RWLU!(<D1IXQW&W2K(+XP"J/U4,QS7I8B
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M$QBY^IT/G+S%6*?=2/^<\7L7(T& $U &"N!'?^Q'@/S'?_RV1GF^NP$]X_&
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M=(8 ,<!F &@ !V" ,<AE,7 # #8/CP: *P  /HY8#F!I #"#,>#CSGAIAB"
M#N)CE,[E#R"%A<;>!)@ W_A= %"'50: *#"#<W8#_&@ -UC:*V"H.182#8;+
M)Z#87*;J#<9JN@4 "P!B O#HE3;HWFWIHT[JY25=*RUA W@%-Y@H ' ?AF(
M!F@ XVV'"C#<"F@'=GD"D : *UU:"?A1I85+ @B'>&AH)=QI/&( SC+L#B(
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M !B R@;;L#P?G&""X8F>*4#HD!\$$0-*0\ )]#>_+$(RDI)LG0>X> 5GQ&\
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M/ \P]Q*S?G%8O;F!>>>? R+PC3E[H,JF6,#\%:@\B#L$L@$ +7@ ^1B/"D%
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KY%-,4F556N558F56:N56<F57>N57@F58BN58DF59FN59HF5:JF59!@0 .P$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
