Amount Interest rate

Days in Default

(from 26th Feb

2015) Default Interest Due Total Monies Owed Comments Monies Paid Date

250000 40% 547 $149,863.01 $250,000.00 Capital $250k

25000 40% 547 $14,986.30 $25,000.00 Interest due 27 Feb 2015 2200 25-Mar-15

25000 40% 488 $13,369.86 $25,000.00 Interest due 27 April 2015 5000 31-Mar-15

25000 40% 427 $11,698.63 $25,000.00 Interest due 27 Jun 2015 5000 02-Apr-15

25000 40% 366 $10,027.40 $25,000.00 Interest due 27 Aug 2015 300 04-Apr-1525000 40% 305 $8,356.16 $25,000.00 Interest due 27 Oct 2015 12500 Total monies Paid in 2015

25000 40% 244 $6,684.93 $25,000.00 Interest due 27 Dec 2015

25000 40% 182 $4,986.30 $25,000.00 Interest due 27th Feb 2016

25000 40% 122 $3,342.47 $25,000.00 Interest due 27th Apr 2016

25000 40% 61 $1,671.23 $25,000.00 Interest due 27th Jun 2016

25000 40% 0 $0.00 $25,000.00 Interest due 27th Aug 2017

$219,972.60 Default Interest Due (changes depending on days in default)

$1,700.00 Tony Underhill Invoice

$770.00 Greenstone Legal Invoice

$330.00 Fosters Legal costs

$1,033.00 Fosters Legal costs

$20,000.00 Interest on private financed loan. Agreed by C Willis in email

$12,084.00 Accountants fees managing ATO debt

$25,000.00 Invoice from debt collection agency for vist 3-4 June

$657.00 Flight PER to MEL for meeting with Gatto Corporate Solutions 28-Jun-15

$18.00 Skybus to MEL city 28-Jun-15

$215.00 Accomodation at Double Tree 28-Jun-15

$18.00 Skybus to MEL Airport 29-Jun-15

$1,551.00 Fosters Legal costs _ 3 AUG 2015 03-Aug-15

$1,808.40 Fosters Legal costs _ 25 AUG 2015 25-Aug-15

$9,372.82

MDS Legal intitial fees (Not including costs up to the entire balance is

settled)

$460.70 Bankwest refinance - email sent 9 Sept

$161.56 FSA Gilmar search invoice sent by email 9 Sep (100USD)

$446.08 George Robert Fees Seychelles (300USD)

$2,750.00 Goldsmiths Lawyers

$14,243.78 $10000USD paid to Victoria Law Firm Seychelles

$10,000.00 Brennan & Co. Legal Fees

$822,591.94 Sub Total monies owed

$100,000.00

As per section 7.2 of the contract Remedy Default, this amount is due

to deliberate and conscious breach of loan agreement

$922,591.94 SUB TOTAL owed

$12,500.00 Monies paid by Stewart Cole as listed above

Total money owed $910,091.94 (Sub Total - Monies Paid)

As of the 27th August

2016 the default is 547

days

All day calculations are by

http://www.timeanddate.com/date/durationresult.html