The Company has evaluated all events that occurred after the consolidated balance sheet date through the date when the consolidated financial statements were issued to determine if they must be reported. The Management of the Company determined that there were no significant reportable subsequent events to be disclosed except for the following.

On November 6, 2017, the Company entered into a non-exclusive corporate financial advisory agreement (the “Advisory Agreement”) with a financial advisory firm Veyo Partners LLC, a Delaware limited liability company (“Veyo”). Pursuant to the terms of the Advisory Agreement, the Company pays a monthly fee of $20,000, with at least $4,000 being paid in cash and the remainder being paid in unregistered and restricted securities (bearing an appropriate restrictive legend). The Advisory Agreement also has an acquisition fee equal to eight percent (8%) of the enterprise value of any acquisition that is introduced to the Company by Veyo.