ESE- The Launch! (Day-1), page-27

For those who are lazy to read:

1) The Company’s first sales contract is with Allor Vaporizers, a company based in the United States.

2) The Company has already entered into a supply agreement with Allor Vaporizers, Upon expiry of the initial 12, the terms will automatically renew for additional 12 month periods unless and until either party sends the other party a notice of termination prior to the expiration of a 12 month term.

3) The Company has been provided with a purchase order from the Customer pursuant to which the Customer has ordered US$470,000 worth of the Company’s cannabis. Although the purchase order does not specify an ‘end date’ by which the order must be satisfied, its intention is to satisfy the order in April 2017.

4) Based on the Company’s existing purchase order from Allor Vaporizers, the Company may sell its product for approximately US$20,000 once it is commercially available. The Directors understand that this price is materially lower than the current production costs however this is the purchase price based on the Allor Vaporizers contract only, and there is no certainty that future contracts will be entered into on the same terms, or at all.

5) The funds raised from the Offer are intended to facilitate the Company satisfying its existing order with Allor Vaporizers, ramp up its inhouse production capabilities, and further market, its technology.

6) Company has engaged 3rd Party Lab - Herbal Remedies Laboratories to use their service to satisfy its initial purchase order until the company establishes its own commercial.