NOTE 19 - SUBSEQUENT EVENTS

In December 2014, the ATMI promissory note and accrued interest was purchased by two shareholders of the Company from ATMI.  In January 2015 the convertible promissory note and accrued interest totaling $257,400 was converted into 514,750 shares on common stock.

Subsequent to year end the Company and Black Stone executed a rescission agreement of the New Technologies Agreement noted in Footnote 10 that was effective December 31, 2014. The shares issued by the Company in accordance with the agreement will be returned and all acquired IP returns to Black Stone.

Subsequent to year end the Company and the Seller entered into a revised agreement of the Equity Purchase Agreement entered into in September 2014, whereby the 1,200,000 shares issued by the Company would be held by the Seller until the completion of an independent third party valuation. Based on the fair market value of the Purchased Units from the valuation obtained by the Company, an amount of Consideration Shares will be returned to the Company to the extent that the fair market value of the Consideration Shares issued (see below) are greater than the fair market value of the Purchased Units. In no event shall the Company be obligated to issue additional shares as consideration for the Purchased Units.  For purposes of this amendment, the fair market value of each Consideration Share will be $0.83333.  In the event the parties are unwilling to accept the fair market value of the Purchased Units, as determined by the independent valuation specialist, on or before the Closing Date this Agreement, the transaction covered by this Agreement (the “Contemplated Transaction”) may be rescinded by either Party in writing.