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The Company also anticipates that
its reported results for the twelve months ended December 31, 2018 will show a material increase in the loss related to
the change in derivative liabilities and loss on debt extinguishment versus the prior year twelve-month period ended December
31, 2017. Accordingly, the Company’s net loss for the twelve months ending December 31, 2018 is anticipated to be
materially increased compared to the same period in 2017.
Cautionary Statement Regarding
Forward Looking Statements
Certain statements
contained in this Form 12b-25 include forward-looking statements within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties, including statements regarding the Company’s results of
operations and financial positions, and the Company’s business and financial strategies. Forward-looking statements
are neither historical facts nor assurances of future performance. Instead, they provide our current beliefs, expectations,
assumptions and forecasts about future events, and include statements regarding our future results of operations and financial
position, business strategy, budgets, projected costs, plans and objectives of management for future operations. The words
“anticipate,” “believe,” “plan,” “estimate,” “expect,” “future,”
“intend,” “strategy,” “likely,” “seek,” “may,” “will”
and similar expressions as they relate to us are intended to identify such forward-looking statements. Because forward-looking
statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are
difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking
statements.
Any forward-looking
statement made by us in this Form 12b-25 is based only on information currently available to us and speaks only as of
the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written
or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise,
except as required by applicable law.
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