MERGENT OTC UNLISTED NEWS REPORTS Tuesday, February 14, 2017 Volume 33 No. 2 NAME CHANGES (For details on individual listings, see the News Section of this issue) Accretive Health Inc (to R1 RCM Inc) Blue Water Bar & Grill Inc (to Tiger Reef Inc) Coastal Integrated Services Inc (to Simply Innovative Products Inc) Harmonic Energy Inc (to THC Therapeutics Inc) Retrospettiva Inc (to AMMO Inc) Todex Corp (to Global Smart Capital Corp) Wealthcraft Systems Inc (to Wealthcraft Capital Inc) 4LICENSING CORP Bankruptcy Proceedings On Feb. 7, 2017, Co. s Combined Chapter 11 Plan of Reorganization and Disclosure Statement became effective, and Co. emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on Jan. 20, 2017. BankruptcyData s detailed Plan Summary notes, "The Plan is premised on the Debtor issuing New Common Stock in exchange for Allowed Secured Claims and cash, and the Buyer (Mr. Frohlich) will purchase 38,327 shares of the New Common Stock for the total purchase price of $462,673 that represents 38.3% of the New Common Stock. Mr. Frohlich s purchase of New Common Stock for cash will be the source of payments to holders of Class 1, 2, 3 and 4 under the Plan. Mr. Frohlich is the founder of Prescott Group Capital Management, LLC, an investment company for high net worth investors, and has served as its managing partner since 1993." BankruptcyData s Plan Summary continues, "The Liquidation Analysis for Reorganized Co. estimates the Net Proceeds Available to Creditors to be between $17,143 and $525,000. The recovery rate to the Rudd Secured Debt is estimated to be between 17% and 100%. The recovery rate to the Prescott Secured Debt is estimated to be between 0% and 23%." This licensing and technology provider filed for Chapter 11 protection in Sept., listing $3,600,000 in pre-petition assets. AMMO INC New Name On Feb. 6, 2017, Co. changed its name from Retrospettiva Inc. to AMMO Inc. APPLIANCE RECYCLING CENTERS OF AMERICA Interest Sale Completed On Jan. 25, 2017, Co. sold Compton, California building, a 45,000 square foot facility which includes office, appliance processing and warehouse space, to Terreno Acacia, LLC for $7,100,000 in cash and leased the building back over an initial lease term of six months which can be terminated with a 30 day notice. ARC GROUP INC Acquisition Development On Feb. 6, 2017, Co. announced that it has entered into a non-binding letter of intent to acquire Yobe Frozen Yogurt ("Yobe"), a self-serve yogurt franchise with 34 locations spread throughout Florida, Georgia, Louisiana and New Jersey. Of the 34 locations, 15 consist of traditional retail sites and the remaining 19 consist of islands and end caps located in convenience stores. Co. is expected to acquire Yobe for $1,400,000 along with a $900,000 earn-out payment tied to Yobe s performance during the first two years post-closing. The acquisition is expected to close within the next 90 days and be funded through a combination of cash and debt. ARTS WAY MANUFACTURING CO INC Consolidated Income Statement, Years Ended Nov. 30 ($): Sales........................... 21,557,649 26,326,150 Cost of goods sold............... 16,237,766 19,414,382 Gross profit..................... 5,319,883 6,911,768 Engineering..................... 429,910 433,290 Selling.......................... 1,838,971 2,052,495......... 3,437,591 3,884,066 Impairment of assets............. 44,858 618,729 NOTICE Items in this issue will be listed online weekly and printed monthly. expenses.......... 5,751,330 6,988,580 Operating income (loss).......... (431,447) (76,812) Interest expense.................. 248,580 302,281 Other income (expense).......... 157,244 (131,407) & expense......................... (91,336) (433,688) operations before income tax.............................. (522,783) (510,500) Income tax provision (benefit)......................... (96,601) (200,851) continuing operations............. (426,182) (309,649) operations of discontinued segment............. (617,425) (354,562) Discontinued operations - income tax provision (benefit)......................... 222,273 106,369 discontinued operations........... (395,152) (248,193) Net income (consolidated)....... (821,334) (557,842) shares outstanding - basic............... 4,097,748 4,058,382 shares outstanding - diluted............. 4,097,748 4,058,382 outstanding...................... 4,109,052 4,061,052 Earnings (loss) per share from continuing operations - basic................ $(0.10) $(0.08) Earnings (loss) per share from discontinued operations - basic................ $(0.10) $(0.06) Earnings (loss) per share - basic.......................... $(0.20) $(0.14) Earnings (loss) per share from continuing operations - diluted............... $(0.10) $(0.08) Earnings (loss) per share from discontinued operations - diluted............... $(0.10) $(0.06) Earnings (loss) per share - diluted......................... $(0.20) $(0.14) Dividends per common share.............................. $0.05 employees....................... Number of part time employees....................... Total number of employees................... 2 123... 2 3... 2 126... 3 89... 1 Restated to reflect the discontinued operations of Art s Way Vessel segments; 2 Approximately; 3 As of January 30, 2017 Consolidated Balance Sheet, Years Ended Nov. 30 ($): Cash............................ 1,063,716 447,231 Accounts receivable, gross........................... 1,442,797 1,901,338 Less: allowance doubtful accounts........................ 22,746 18,810 Accounts receivable, net.......... 1,420,051 1,882,528 Raw materials................... 8,568,624 9,699,156 Work in process.................. 509,198 246,823 Finished goods.................. 7,054,736 8,169,267 Total inventory, gross............. 16,132,558 18,115,246 Less: reserves................... 2,603,206 2,930,810 Inventories...................... 13,529,352 15,184,436 Deferred taxes................... 1,066,740 1,146,242 Cost & profit in excess of billings....................... 108,349 206,672 Income taxes receivable.......... 265,924 345,912 Current assets of discontinued operations........... 9,700 694,556 Other current assets.............. 158,087 54,742 Total current assets............... 17,621,919 19,962,319 Land............................ 536,103 536,103 Buildings & improvements........ 7,859,477 7,832,061 Construction in progress.......... 10,353 10,353 Manufacturing machinery & equipment.................... 10,772,933 11,742,106 Trucks & automobiles............ 450,171 432,806 Furniture & fixtures.............. 113,956 114,252 Property, plant & equipment, gross................. 19,742,993 20,667,681 depreciation..................... 12,355,806 12,843,418 Property, plant & equipment, net................... 7,387,187 7,824,263 Assets held for sale............... 70,000 1,245,432 Goodwill........................ 375,000 375,000 Other assets of discontinued operations........... 1,745,528 1,870,649 Other assets..................... 42,956 53,945 Total assets...................... 27,242,590 31,331,608 Line of credit.................... 3,284,114 3,959,656 Current portion of long term debt........................ 1,807,937 1,195,839 Accounts payable................ 469,481 495,867 Customer deposits............... 289,195 162,797 Billings in excess of cost & profit..................... 4,297 86,858 Salaries, wages & commissions.................... 542,449 530,667 Accruals warranty expense........ 134,373 176,531 Other accrued expenses........... 342,234 484,166 Accrued expenses................ 1,019,056 1,191,364 Liabilities of discontinued operations........... 182,426 245,733 Total current liabilities............ 7,056,506 7,338,114 Deferred taxes................... 737,519 846,960 Long-term liabilities of discontinued operations........... 585,168 715,946 U.S. Bank loan payable........... 3,398,066 5,302,197 Iowa Finance Authority loan payable..................... 512,935 647,132 Total term debt.................. 3,911,001 5,949,329 Less: current portion of term debt........................ 1,807,937 1,195,839 Less: term debt of discontinued operations........... (715,946) (842,768) Long-term debt.................. 1,387,118 3,910,722 Total liabilities................... 9,766,311 12,811,742 Common stock.................. 41,091 40,611 capital.......................... 2,746,509 2,667,010................ 14,990,911 15,812,245 Accumulated other comprehensive income (loss)........................... (302,232)... equity........................... 17,476,279 18,519,866 1 Restated to reflect the discontinued operations of Art s Way

110 MERGENT OTC UNLISTED NEWS February 14, 2017 Vessel segments AZTEC OIL & GAS INC Bankruptcy Proceedings On Jan. 30, 2017, Co. filed with the U.S. Bankruptcy Court a monthly operating report for Dec.. For the month, Co. reported a net loss of $19,723 on zero revenue and paid $9,723 in general and expenses and $19,723 in total operating expenses. Cash at the beginning of the month was $61,630 and $41,906 at month s end, with negative net cash flow of $19,723 BIO-MATRIX SCIENTIFIC GROUP INC Consolidated Income Statement, Years Ended Sept. 30 ($): 2014 Revenues............ 100,000 192,000... Research & development expenses............ 671,093 282,295 23,867 expenses............ 1,793,296 1,430,553 599,234 Consulting & professional fees..... 701,774 587,470 246,214 Rent expenses....... 60,000 58,071... Total cost & expenses............ 3,226,163 2,358,389 869,315 Operating income (loss)............... (3,126,163) (2,166,389) (869,315) Interest income...... 1,197 1,148 233 Interest expense...... 59,352 56,063 35,136 Loss on settlement of debt through equity issuance below fair value...... 356,229 942,015... Loss on settlemet of debt through issuance of common share of Regen Biopharma, Inc below fair value...... 4,748,408 9,191,857... Income (loss) on settlement of debt through equity issuance................... (1,112,230) Interest expense attributable to amortization of discount............. 167,799 150,806 0 Available for sale securities............... (41,333,361)... Preferred shares of Regen Biopharma, Inc issued pursuant...... (3,475)... Expense related to issuance of convertible debt to Star City............... 247,500... Securities issued pursuant to contractual obligations................ 0 Other income.............. 490 Other expense............. 65,000 & expenses.......... (5,330,591) (51,923,929) (1,211,643).... (8,456,754) (54,090,319) (2,080,958) attributable to noncontrolling interest Regen Biopharma, Inc....... 6,772,347 8,977,733 226,234 attributable to common shareholders 2 (1,684,406) (45,112,586) (1,854,724) - basic.............. 5,333,516,841 2,855,088,489 2,865,048,153 - diluted............. 5,333,516,841 2,855,088,489 2,865,048,153 outstanding.......... 6,555,579,936 4,232,931,345 3,079,900,942 Net earnings (loss) per share - basic..... $(0.00) $(0.02) $(0.00) Net earnings (loss) per share - diluted.... $(0.00) $(0.02) $(0.00) employees........... 3 4... 2 4 5 456 4 3 4 5 459 1 Restated to reflect a correction of error on temporary impairment of common shares; 2 As reported by Company; 3 As of December 29, 2014; 4 As of December 24, 2014; 5 Approximately Consolidated Balance Sheet, Years Ended Sept. 30 ($): Cash............................ 27,712 76,355 Accounts receivable.............. 83,000... Prepaid expenses................. 84,905 25,000 Note receivable.................. 12,051 12,051 Interest receivable................ 2,578 1,381 Due from former subsidiary employee.............. 15,000... Total current assets............... 225,246 114,787 Deposits........................ 4,200 4,200 Available for sale securities........................ 112,933 159,720 Total assets...................... 2 342,380 278,707 Accounts payable................ 382,882 167,977 Notes payable................... 344,433 400,336 Bank overdraft...................... 0 Accrued payroll.................. 1,071,090 738,095 Accrued payroll taxes............ 81,541 44,485 Accrued interest................. 379,101 324,750 Accrued rent.................... 15,000 10,000 Accrued expenses................ 5,000 5,000 Convertible note payable net of unamortized discount......................... 129,882 231,507 Due to affiliate...................... 0 Due to subsidiary shareholder...................... 50,000... Current portion, note payable to affiliated party............................ 1,000 1,000 Total current liabilities............ 2,459,929 1,923,150 Convertible note payable net of unamortized discount......................... 107,057 0 Total long term liabilities........................ 107,057 0 Total liabilities...................... 1,923,150 Preferred stock.................. 207 207 Series AA preferred shares........................... 9 9 Series AAA preferred shares........................... 4 4 Series B preferred shares.......... 73 73 Common stock.................. 655,555 423,292 Additional paid in capital.......................... 36,330,081 29,004,809 Contributed capital............... 509,355 509,355 (accumulated deficit)............. (40,085,717) (31,628,963) Accumulated other comprehensive income (loss)........................... (82,066) (35,280) equity (deficit) Biomatrix Scientific Group, Inc....................... (2,672,499) (1,726,494) Noncontrolling interest in subsidiary..................... 447,893 82,050 equity (deficit)................... (2,224,606) (1,644,444) 1 Restated to reflect a correction of error on temporary impairment of common shares; 2 As reported by Company BIO-MATRIX SCIENTIFIC GROUP INC Auditors, AMC Auditing, as it appeared in Co. s 10-K: "In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Bio-Matrix Scientific Group, Inc. as of September 30, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 4 to the financial statements, the Company has negative working capital at September 30,, has incurred recurring losses and recurring negative cash flow from operating activities, and has an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management s plans concerning these matters are also described in Note 4. The financial statements do not include any adjustments that might result from the outcome of this uncertainty." BIOMERICA INC Earnings, 6 mos. to Nov 30(Consol. $): Net Sales......................... 2,842,317 2,452,073 Cost & expenses.................. 3,127,780 2,738,080 Operating income................. (285,463) (286,007) Interest expense................... 180 54 Net before taxes................... (258,600) (268,103) Income taxes................................. (129,000) Net income....................... (258,600) (139,103) Earnings common share Primary.......................... $(0.03) $(0.02) Fully Diluted..................... $(0.03) $(0.02) Common Shares: Full Diluted....................... 8,208,672 7,584,333 Year-end......................... 8,300,548 7,590,237 BROADWIND ENERGY, INC. Acquisition Completed On Feb. 1, 2017, Co. acquired all the outstanding equity interests in Red Wolf Company, LLC ("Red Wolf") from the members of Red Wolf (the "Sellers") for $16,500,000 in cash at closing, a portion of which was applied to pay off Red Wolf s outstanding indebtedness. The purchase price is subject to a customary net working capital adjustment and an earn-out structure under which the Sellers may become entitled to contingent consideration of up to $9,900,000, payable in cash and, at the election of Co., up to 50% in the form of shares of Co. s common stock. As the result, Red Wolf became a wholly-owned subsidiary of Co. CAL DIVE INTERNATIONAL INC Bankruptcy Proceedings On Feb. 7, 2017, Co. filed with the U.S. Bankruptcy Court a motion to convert its Chapter 11 reorganization proceeding to a liquidation under Chapter 7. The motion explains, "As oil prices dropped, so did the appetite for oil and gas companies to drill offshore. This precipitous decline in the industry, in turn, caused the Debtors utilization levels to further deteriorate postpetition, and also led to increased delay in the Debtors receiving payment for completed projects from their largest customer, Petroleos Mexicanos ( Pemex ). Due to these prevailing market conditions, the Debtors determined that a comprehensive plan of reorganization was no longer feasible. Instead, in the summer of 2015, the Debtors and their advisors focused their efforts on pursuing a robust sale process, which proceeded along two concurrent paths: First, the Debtors conducted an extensive marketing process to sell their core diving and construction businesses as one or more going concerns. Second, the Debtors marketed certain individual vessels and entertained bids for them on a standalone basis. The Court approved procedures for the sale of substantially all of the Debtors assets in accordance with this dual-path approach on July 25, 2015. Since the closing of the asset sales, the Debtors have focused on collecting millions of dollars in outstanding receivables from Pemex, distributing the proceeds of the asset sales in accordance with applicable maritime law, and winding down the Debtors estates and certain non-debtor foreign subsidiaries in a value-maximizing manner. At this time, the Debtors have no continuing material business purpose other than the administration of a handful of litigation claims and completing the final stages of the wind down." The Court scheduled a Feb. 27, 2017 hearing to consider the motion, with objections due by Feb. 21, 2017. CALMARE THERAPEUTICS INC Earnings, 9 mos. to Sep 30(Consol. $): Cost & expenses.................. 2,249,320 2,562,036 Operating income................. (1,463,922) (2,110,639) Other income (expense), net........ (17,414) (41,694) Gains or losses............................... (2,588) Net before taxes................... (2,638,133) (2,845,813) Net income....................... (2,638,133) (2,845,813) Earnings common share

February 14, 2017 MERGENT OTC UNLISTED NEWS 111 Primary.......................... $(0.09) $(0.10) Fully Diluted..................... $(0.09) $(0.10) Common Shares: Full Diluted.......................28,689,254 27,673,151 Year-end.........................28,787,831 28,395,888 CASSIDY VENTURES INC Consolidated Income Statement, Years Ended Jun. 30 ($): 1 2014 Consulting fee expense............. 180,000 180,000 180,000 Professional fees..... 9,286 24,195 13,981 expenses............ 1,095 18,206,323 3,337 expenses............ 190,381 18,410,518... operations........... (190,381) (18,410,518) (197,318).... (190,381) (18,410,518) (197,318) - basic.............. 148,000,000 142,265,753 135,000,000 - diluted............. 148,000,000 142,265,753 135,000,000 outstanding.......... 148,000,000 148,000,000 135,000,000 Net earnings (loss) per share - basic..... $0.00 $(0.13) $0.00 Net earnings (loss) per share - diluted.... $0.00 $(0.13) $0.00 Total number of employees........... 1 1... 2 33 2 33 31 1 Reclassified to conform with 2015 presentation; 2 Approximately Consolidated Balance Sheet, Years Ended Jun. 30 ($): Cash............................... 86 Total current assets.................. 86 Total assets......................... 86 Accounts payable................ 20,011 9,785 Accrued expenses - related party..................... 615,000 435,000 Shareholder advances............ 65,899 65,830 Total current liabilities............ 700,910 510,615 Total liabilities................... 700,910 510,615 Common stock.................. 148,000 148,000 capital.......................... 18,162,500 18,162,500 (accumulated deficit)............. (19,011,410) (18,821,029) equity (deficit)................... (700,910) (510,529) CASSIDY VENTURES INC Auditors, Michael Gillespie & Associates, PLLC, as it appeared in Co. s 10-K: "In our opinion the financial statements referred to above present fairly, in all material respects, the financial position of Cassidy Ventures, Inc. for the years ended June 30, and 2015 and the results of its operations and cash flows for the year the ended in conformity with generally accepted accounting principles in the United States of America. The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note #2 to the financial statements, although the Company has limited operations it has yet to attain profitability. This raises substantial doubt about its ability to continue as a going concern. Management s plan in regard to these matters is also described in Note #2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty." CASSIDY VENTURES INC New Accountant On Jan. 27, 2017, Co. dismissed LBB & Associates Ltd., LLP and engaged Michael Gillespie & Associates, PLLC as its new independent public accounting firm. CHESS SUPERSITE CORP New Accountant On Feb. 2, 2017, Co. dismissed Anton & Chia, LLP and engaged Fruci & Associates II as its new independent public accounting firm. CHINA SOAR INFORMATION TECHNOLOGY INC Consolidated Income Statement, Years Ended Jul. 31 ($): 2014 Organization & related expenses..... 2,131 1,308... Professional fees..... 62,680 18,050 3,300 Total general & expense............. (64,811) (19,358) (3,300).... (64,811) (19,358) (3,300) - basic.............. 75,000,000 27,383,562 20,000,000 - diluted............. 75,000,000 27,383,562 20,000,000 outstanding.......... 75,000,000 1 75,000,000 20,000,000 Net income earnings per share - basic..... $0.00 $0.00 $0.00 Net income earnings per share - diluted.... $0.00 $0.00 $0.00 2 3 41 2 41... 1 Share increased due to the effect of issuance of 55,000,000 shares for cash; 2 Approximately; 3 As of November 15, Consolidated Balance Sheet, Years Ended Jul. 31 ($): Cash............................ 159... Total current assets............... 159... Total assets...................... 159... Accrued expenses................ 9,421... Total current liabilities............ 9,421... Total liabilities................... 9,421... Common stock.................. 7,500 7,500 Additional paid in capital.......................... 74,951 19,402 (accumulated deficit)............. (91,713) (26,902) equity (deficit)................... (9,262)... CHINA SOAR INFORMATION TECHNOLOGY INC Auditors, MaloneBailey, LLP, as it appeared in Co. s 10-K report: "In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company, as of July 31, and 2015, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has suffered recurring losses from operations and negative operating cash flows which raise substantial doubt about its ability to continue as a going concern. Management s plans regarding those matters also are described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty." CIPHERLOC CORP Consolidated Income Statement, Years Ended Sept. 30 ($): 2 2014 Revenues............ 341,478...... Cost of revenue...... 90,900...... Gross profit......... 250,578...... expenses............ 3 1,167,466 4 12,842,678 2,810,606 Sales & marketing expense............. 5 218,722 43,524... Settlement expenses.. 763,469...... Research & development expense. 6 755,159 7 227,650... expenses............ 2,904,816 13,113,852 2,810,606 Operating income (loss)............... (2,654,238) (13,113,852) (2,810,606) Gain on extinguishment...... 59,612...... Interest expense...... 47,117 2,722 2,726 (expense)........... 12,495 (2,722) (2,726) continuing operations........... (2,641,743) (13,116,574) (2,813,332) discontinued operations.............. (641,526) (25,129).... (2,641,743) (13,758,100) (2,838,461) - basic.............. 4,744,815 3,105,738 - diluted............. 4,744,815 3,105,738 outstanding.......... 5,268,859 per share from continuing operations - basic.... $(0.56) $(4.22) 9 4,356,741 per share from discontinued operations - basic....... $(0.21) per share - basic..... $(0.56) $(4.43) per share from continuing operations - diluted.............. $(0.56) $(4.22) per share from discontinued operations - diluted................. $(0.21) 8 2,474,774 8 2,474,774 8 2,834,737 8 $(1.14) 8 $(0.01) 8 $(1.15) 8 $(1.14) 8 $(0.01) per share - diluted.... $(0.56) $(4.43) 8 $(1.15) employees........... 9 9 15 963 943 10 916 1 Reclassified to conform with presentation; 2 Restated to reflect adjustments to correct errors identified by management related to the Company s revenue recognition of a transaction that occured; 3 Includes stock-based expense - general and : $211,600; 4 Includes stock-based expense - general and : $11,733,265; 5 Includes stock-based expense - sales and marketing: $54,803; 6 Includes stock-based expense - research & development: $46,291; 7 Includes stock-based expense - research & development: $194,500; 8 Adjusted for 1-for-100 stock split, March 23, 2015; 9 Shares increased due to issuance of common stock for cash, subscription receivable, service, officers and software licensing; 10 Approximately Consolidated Balance Sheet, Years Ended Sept. 30 ($): Cash............................ 344,138 1,993,406 Assets attributable to discontinued operations.............. 3,232 Prepaid officer compensation.................... 44,786... Other prepaid expenses........... 2,500... Total current assets............... 2 391,426 1,996,638 Other assets..................... 12,218... Fixed assets..................... 13,897...

112 MERGENT OTC UNLISTED NEWS February 14, 2017 Total assets...................... 417,541 1,996,638 accrued liabilities................ 62,270 69,194 Accrued compensation........... 420,334 1,031,751 Deferred revenue - current.......................... 442,000 341,000 Liabilities attributable to discontinued operations.......................... 18 Total current liabilities............ 924,604 1,441,963 Deferred revenue, net of current portion................... 341,522 784,000 Total long-term liabilities........................ 341,522 784,000 Total liabilities................... 1,266,126 2,225,963 Series A convertible preferred stock................... 100,000 100,000 Common stock.................. 52,688 43,567 Additional paid in capital.......................... 44,779,296 42,815,934 Stock subscription receivable.......................... (50,000) (accumulated deficit)............. (45,780,569) (43,138,826) Total stockholders equity (deficit)......................... (848,585) (229,325) 1 Reclassified to conform with presentation; 2 As reported by the Company CIPHERLOC CORP Auditors, DBBMcKennon, CPA, as it appeared in Co. s 10-K report: "In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of September 30,, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As more fully explained in Note 2 to the financial statements, the Company has incurred losses and has a working capital deficit as of September 30,. These factors raise substantial doubt about the Company s ability to continue as a going concern. Management s plans with respect to these factors are also described on Note 2. The Company s financial statements do not include any adjustments that might result from the outcome of these uncertainties should the Company be unable to continue as a going concern." COFFEE HOLDING CO INC Consolidated Income Statement, Years Ended Oct. 31 ($): 2014 Net sales............ 78,948,228 118,153,541 108,863,097 Cost of sales......... 1 67,066,050 2 112,436,831 3 93,334,118 Gross profit (loss).... 11,882,178 5,716,710 15,528,979 Selling & expenses............ 7,363,710 7,000,744 6,868,052 Officers salaries..... 655,400 653,285 659,400 expenses............ 8,019,110 7,654,029 7,527,452 operations........... 3,863,068 (1,937,319) 8,001,527 Interest income...... 41,176 45,049 44,962 equity method investments.......... (972) (833) (774) Interest expense...... 187,310 200,074 80,493 (expense)........... (147,106) (155,858) (36,305) Income (loss) before provison for income taxes & noncontrolling interest in subsidiary........... 3,715,962 (2,093,177) 7,965,222 Current federal provision (benefit) for income taxes..... 219,562 (73,407) 1,607,952 Current state & local provision (benefit) for income taxes........ 155,083 36,610 332,199 Total current provision (benefit) for income taxes..... 374,645 (36,797) 1,940,151 Deferred federal provision (benefit) for income taxes..... 941,150 (657,500) 886,060 Deferred state & local provision (benefit) for income taxes........ 50,125 (69,350) 120,891 Total deferred provision (benefit) for income taxes..... 991,275 (726,850) 1,006,951 Provision (benefit) for income taxes..... 1,365,920 (763,647) 2,947,102 before noncontrolling interest in subsidiary.......... 2,350,042 (1,329,530) 5,018,120 Less: net income (loss) attributable to the noncontrolling interest in subsidiary........... (137,754) (83,698) (50,585) Net income attributable to Coffee Holding Co. Inc.................. 2,212,288 (1,413,228) 4,967,535 - basic.............. 6,082,777 6,212,929 6,333,212 - diluted............. 6,082,777 6,212,929 6,333,212 outstanding.......... 5,863,302 6,162,207 6,215,894 per share - basic..... $0.36 $(0.23) $0.78 per share - diluted.... $0.36 $(0.23) $0.78 Dividends declared per common share...... $0.00 $0.00 employees........... 70 69 57 4 174 5 195 6 340 1 Includes purchases from a related party - Cost of sales: $8,500,000; 2 Includes purchases from a related party - Cost of sales: $22,100,000; 3 Includes purchases from a related party - Cost of sales: $17,500,000; 4 As of January 20, 2017; 5 As of January 20, ; 6 As of January 23, 2015 Consolidated Balance Sheet, Years Ended Oct. 31 ($): Cash............................ 3,227,981 3,853,816 Accounts receivable, gross........................... 13,661,892 11,112,237 Less: allowances................. 144,000 144,000 Accounts receivable, net.......... 13,517,892 10,968,237 Packed coffee.................... 1,804,633 1,441,451 Green coffee..................... 11,434,024 11,730,006 Roasters & parts................. 210,007... Packaging supplies............... 827,626 691,361 Inventories...................... 14,276,290 13,862,818 Prepaid green coffee.............. 435,577 620,452 Prepaid expenses & other current assets.................... 535,456 256,202 Prepaid & refundable income taxes.................... 481,977 1,434,577 Due from broker................. 134,722... Deferred income tax asset......... 81,545 997,720 Total current assets............... 32,691,440 31,993,822 Improvements................... 202,285 199,035 Machinery & equipment.......... 6,004,156 5,274,277 Furniture & fixtures.............. 883,250 612,944 depreciation..................... 4,819,828 4,241,256 Machinery & equipment, net.............................. 2,269,863 1,845,000 Customer list & relationships, gross............... 270,000 150,000 amortization - customer list & relationships............... 50,250 41,250 Customer list & relationships, net................. 219,750 108,750 Trademarks...................... 180,000 180,000 Goodwill........................ 1,017,905 440,000 Equity method investments........ 95,598 96,571 Deposits & other assets........... 549,337 610,499 Total assets...................... 37,023,893 35,274,642 accrued expenses................ 4,062,573 4,021,389 Line of credit.................... 6,958,375 5,554,121 Due to broker....................... 483,835 Income taxes payable............. 1,050... Total current liabilities............ 11,021,998 10,059,345 Deferred income tax liabilities........................ 167,470 92,370 Deferred rent payable............ 231,216 222,055 Deferred compensation payable......................... 489,668 482,499 Total liabilities................... 11,910,352 10,856,269 Common stock subject to possible redemption.............. 200,004... Common stock.................. 6,456 6,456 capital.......................... 15,904,109 15,904,109 (accumulated deficit)............. 11,878,228 9,665,940 Less: treasury stock, at cost............................. 3,249,590 1,494,712 Total Coffee Holding Co., Inc. stockholders equity (deficit)......................... 24,539,203 24,081,793 Noncontrolling interest........... 374,334 336,580 Total equity..................... 24,913,537 24,418,373 CORPORATE RESOURCE SERVICES INC Bankruptcy Proceedings On Jan. 30, 2017, Co. filed with the U.S. Bankruptcy Court a monthly operating report for Nov.. For the month, the Debtors reported a net loss of $847,767 on $23 in total revenue (derived from interest) and paid $495,936 in professional fees and reported total disbursements of $1,300,000 on $709,005 in total receipts, with net cash flow of $573,246. CORPORATE RESOURCE SERVICES INC Bankruptcy Proceedings On Feb. 2, 2017, Co. s Chapter 11 trustee filed with the U.S. Bankruptcy Court a complaint against Tri-State Employment Service, Tri-State Employment Services, Broadway PEO, Carusso Staffing, STS Group, Tri-State SC, Odyssey Associates, Tri-State North Carolina, TSE-PEO, Robert Cassera, John Messina, Joseph Cassera and James Foley. The complaint alleges, "Co. s ability to offer highly competitive pricing and rapidly expand its business was dependent upon a contract with TSE, an affiliated professional employer organization ( PEO ) that was the employer of record for the hundreds of thousands of temporary workers supplied under Co. s contracts with its customers. But known only to a handful of Co. officers and directors who also held positions at Tri-State, Tri-State and TSE did not have the liquidity needed to make financial accommodations to Co. Instead, they financed their accommodations by failing to pay more than US$200,000,000 (exclusive of interest and penalties) in employment-related taxes, including almost US$100,000,000 in federal taxes related to TSE employees supplied to Co. customers. No reserve ever was booked for any TSE workers compensation losses. Even worse, TSE turned out to be an alter ego of Tri-State in every sense. TSE had no office space, employees or financial systems separate from Tri-State; virtually all of its business functions were performed and controlled by Tri-State Group employees. In sum, the dissipation or further transfer of the property sought to be recovered by this Complaint would diminish the recovery for the estates and creditors and impede the progress of the above-captioned bankruptcy cases. Consequently, an injunction is necessary to preserve and protect the Debtors estates. Moreover, as described above, the balance of hardships tips in favor of Plaintiff over the applicable Defendants." COSI INC Bankruptcy Proceedings On Jan. 27, 2017, the U.S. Bankruptcy Court issued an endorsed order regarding Co. s emergency motion to extend the exclusive period during which Co. can

February 14, 2017 MERGENT OTC UNLISTED NEWS 113 file a plan and solicit acceptances thereof. The order states, "The Court will hold a hearing on the motion on Jan. 31, 2017, at 10:15 am objections to the motion are due by Jan. 30, 2017, at 4:30 pm. The exclusivity period is hereby extended until the time of the hearing." COSI INC Bankruptcy Proceedings On Feb. 1, 2017, the U.S. Bankruptcy Court issued an endorsed order approving Co. s emergency motion to extend the exclusive period during which Co. can file a Chapter 11 plan and solicit acceptances thereof through and including Feb. 9, 2017 and Apr. 10, 2017, respectively. As previously reported, "The Debtors have made substantial progress in the negotiations with the pre-petition senior secured noteholders regarding the treatment of their claims under the plan. The Debtors believe that an agreement, if reached will minimize both risk and costs of the estates and will, therefore, maximize the ultimate distribution to the Debtor s general unsecured creditors. The requested extension of time herein will afford the parties the opportunity to continue negotiations and further, to seek the Committee s input prior to filing the plan. The Debtors will continue to keep the Committee informed regarding the status of the plan. No efforts have been made to pressure creditors and, ultimately, creditors who are impaired under the plan will have an opportunity to vote to accept or reject the plan." COSTAS INC Consolidated Income Statement, Years Ended Dec. 31 ($): 2015 1 2014 2013 Revenues............ 53,671 4,450 13,401 Cost of good sold.... 0 4,021 3,736 Gross profit (loss).... 53,671 429 9,665 Depreciation......... 162 47 206 expenses............ 104,238 494 13,438 expenses............ 104,400 541 13,644 Operating gain (loss) from operation.................. (3,979) Other income (expense)........... (301) 0... Interest expense...... 0 0 27 1 Reclassified to conform to 2015 presentation; 2 As reported by Company; 3 Shares increased due to issuance of additional shares for compensation & debt conversion Consolidated Balance Sheet, Years Ended Dec. 31 ($): 2015 2014 Cash & cash equivalents.......... 100 34 Trade receivables................ 1,171 1,171 Promissory note................. 200,000... Investments..................... 4,939 4,939 Total current assets............... 206,210 6,144 net.............................. 527 689 Intangible assets................. 319,375 319,375 Total assets...................... 526,112 326,208 Accounts payable................ 128,138 23,592 Short-term loans................. 60,954 60,954 Total current liabilities............ 189,092 84,546 Total liabilities................... 189,092 84,546 Common stock.................. 17,656 17,656 Additional paid in capital.......................... 682,567 682,567 (accumulated deficit)............. (363,203) (458,561) equity (deficit)................... 337,020 241,662 CREATIVE WASTE SOLUTIONS INC Consolidated Income Statement, Years Ended Sept. 30 ($): 1 2014 Sales............... 247,866...... Cost of goods sold... 158,939...... Gross profit......... 88,927...... expenses............ 289,296 344,232 178,865 Mine expense.............. 111,882 operations........... (200,369) (344,232) (290,747) Loss (gain) on derivative liability............. 2,644,887 (4,152,164)... Interest expense...... 32,494 175,151 23,611 Loss on settlement of accounts payable..... (3,585) (133) (expenses)........... 2,612,393 (4,330,900) (23,744) from continuing operations........... 2,412,024 (4,675,132) (314,491) from discontinued operations, net.......... (83,942)....... 2,412,024 (4,759,074) (314,491) (expense)........... (301) 2 (112) (27) continuing operations before income taxes........ (51,030) (112) (4,006) - basic.............. 4,025,189 3,189,604 Provision for income tax.......... 0 0....... (51,030) (112) (4,006) - diluted............. 4,980,726 3,189,604 - basic.............. 17,655,548 4,166,548 4,166,536 operations per - diluted............. 17,655,548 4,166,548 4,166,536 share - basic......... $0.60 $(1.47) outstanding.......... 17,655,548 3 17,655,548 4,166,548 Net Income (loss) per share - basic..... $0.00 $0.00 $0.00 Net Income (loss) per share - basic..... $0.60 $(1.49) per share - diluted.... $0.00 $0.00 $0.00 Total number of from continuing employees.............. 4... operations per 72 72 69 share - diluted....... $(0.02) $(1.47) Number of beneficial 72 72... 2 1,997,507 2 1,997,507 outstanding.......... 5,759,722 3,436,840 2 3 2,591,840 from continuing 2 $(0.16) from discontinued operations - basic....... $(0.03)... 2 $(0.16) 2 $(0.16) from discontinued operations - diluted................. $(0.03)... per share - diluted.... $(0.02) $(1.49) 2 $(0.16) Number of part time employees........... 6...... Total number of employees................. 0 4 5 167 4 6 98 4 7 98 1 Reclassified to conform with 2015 presentation; 2 Adjusted for 1-for-5 stock split, March 10, 2015; 3 Shares increased due to the effect of common stock issued for convertible debt and share issuance liability; 4 Approximately; 5 As of January 9, 2017; 6 As of February 17, ; 7 As of December 30, 2014 Consolidated Balance Sheet, Years Ended Sept. 30 ($): Cash............................ 5,124 209 Accounts receivable.............. 30,891... Total current assets............... 36,015 209 Deposit......................... 7,000... Equipment, gross................ 90,000... depreciation..................... 1,500... Equipment, net.................. 88,500... Intangibles, net.................. 460,417... Goodwill........................ 149,500... Total assets...................... 741,432 209 accrued expenses................ 163,645 114,521 Convertible debentures & notes payable, related parties.......................... 241,896 224,896 Convertible debentures.............. 18,912 Note payable.................... 488,489 141,989 Advances - related parties.......................... 76,546 55,746 Derivative liability............... 1,507,277 4,152,164 Total current liabilities............ 2,477,853 4,708,228 Total liabilities................... 2,477,853 4,708,228 Common stock.................. 5,760 3,437 capital.......................... 2,838,526 2,281,275 (accumulated deficit)............. (4,580,707) (6,992,731) equity (deficit)................... (1,736,421) (4,708,019) 1 Reclassified to conform with presentation CREATIVE WASTE SOLUTIONS INC Auditors, DeLeon & Company, P.A., as it appeared in Co. s 10-K: "In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Creative Waste Solutions, Inc. and Subsidiary as of September 30,, and the results of its operations and its cash for the year then ended in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company s ability to raise additional capital through debt and/or equity financing is unknown and the Company has incurred accumulated losses and negative cash flows from operations, which raises substantial doubt about its ability to continue as a going concern. Management s plan in regard to these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty." CURRENCY EXCHANGE INTERNATIONAL CORP Consolidated Income Statement, Years Ended Oct. 31 ($): 2014 Commissions from trading.............. 25,147,376 22,430,121 20,442,242 Fee income.......... 1,680,080 1,645,654 1,563,711 Total revenues....... 26,827,456 24,075,775 22,005,953 Salaries & benefits expense..... 10,787,911 9,247,602 7,363,075 Rent expenses....... 2,652,296 2,435,837 2,024,290 Legal, professional & director s fees..... 1,054,277 907,806 915,745 Postage & shipping expense............. 2,546,923 1,974,032 1,729,684 Stock based compensation........ 650,216 585,600 567,055 Other general & expenses............ 2,258,344 1,787,454 2,216,335 Net operating income (loss)........ 6,877,489 7,137,444 7,189,769 Other income

114 MERGENT OTC UNLISTED NEWS February 14, 2017 (expense)........... 16,859 19,191 90,225 Revaluation of contingent consideration........ (96,359) 68,777... Expenses related to asset acquisition........... 141,353 Expenses related to bank application..... 58,683 298,787 126,098 Expenses related to bought deal............. 58,720... Foreign exchange gain on the translation of currencies held in subsidiary.............. 1,497,717... (loss)............... (138,183) 1,228,178 (177,226) Earnings before interest, taxes, depreciation & amortization......... 6,739,306 8,365,622 7,012,543 Interest & accretion expense.... 95,758 34,984 66,482 Depreciation & amortization......... 1,311,526 1,354,565 924,225 Income (loss) before income taxes.. 5,332,022 6,976,073 6,021,836 Current tax expense.. 2,084,438 2,500,576 2,819,943 Deferred tax (benefit) expense..... (394,527) (190,488) (217,232) Income tax expense (benefit)............. 1,689,911 2,310,088 2,602,711.... 3,642,111 4,665,985 3,419,125 - basic.............. 6,121,985 5,806,235 5,391,053 - diluted............. 6,277,080 6,068,226 5,509,753 outstanding.......... 6,134,815 6,117,921 5,395,073 per share - basic..... $0.59 $0.80 $0.63 per share - diluted.... $0.58 $0.77 $0.62 1 Restated to reflect the correction of the presentation of gains on foreign exchange along with the corresponding income tax impact which was required to be presented under IFRS as other income. Consolidated Balance Sheet, Years Ended Oct. 31 ($): Cash............................ 48,435,544 43,690,996 Accounts receivable.............. 8,086,261 2,837,689 Restricted cash held in escrow.......................... 1,240,694 780,583 Forward contract assets........... 44,771 210,367 Prepaid rent..................... 186,463 175,128 Prepaid insurance................ 143,545 105,187 Due on debit & credit cards........................... 25,886 85,554 Other current assets.............. 296,870 141,881 Total current assets............... 58,460,034 48,027,385 Vehicles......................... 80,247 48,601 Computer equipment............. 253,411 226,055 Furniture & equipment........... 527,082 428,223 Leasehold improvements......... 1,502,864 1,278,617 gross........................... 2,363,604 1,981,496 amortization..................... 1,644,350 1,259,309 net.............................. 719,254 722,187 Intangible assets, net............. 2,171,501 2,922,390 Other assets..................... 91,106 81,045 Net deferred tax asset............. 754,113 359,586 Total assets...................... 62,196,008 52,112,593 Accounts payable................ 5,984,751 3,190,957 Line of credit.................... 3,181,805... Accrued expenses................ 1,509,411 973,067 Income taxes payable............. 767,690 547,060 Contingent consideration - current............................ 641,406 Total current liabilities............ 11,443,657 5,352,490 Total liabilities................... 11,443,657 5,352,490 Share capital.................... 6,134,815 6,117,921 Equity reserves.................. 24,881,443 24,548,200 (accumulated deficit)............. 19,736,093 16,093,982 Total equity..................... 50,752,351 46,760,103 1 Restated to reflect the correction of the presentation of gains on foreign exchange along with the corresponding income tax impact which was required to be presented under IFRS as other income. DAKOTA PLAINS HOLDINGS INC Bankruptcy Proceedings On Jan. 26, 2017, the U.S. Bankruptcy Court approved Co. s assumption of a plan support agreement (PSA). As previously reported, "The PSA is the product of extensive, arm s-length, good faith negotiations between the Debtors and World Fuel Services WFS. The following is a summary of the key terms of the PSA: The Debtors agree and stipulate that WFS shall be entitled to an allowed, general unsecured, nonpriority and liquidated claim in the amount of $15,000,000 against the Debtors collective estates, without offset, objection, defense or counterclaim, the Settled Claim. Specifically, the PSA resolves multiple claims between the Debtors and the WFS Entities which will eliminate significant costs of the Debtors estates. It also guarantees support of its sale process by one of the Debtors largest creditors. As a result, the Debtors efforts will be focused on a successful sale process and maximizing value for their creditors instead of costly litigation over competing claims with the WFS Entities. Finally, assumption of the PSA will not create any new claims against the estate. It will simply liquidate the claims of the WFS Entities at a significant discount from amounts alleged by the WFS Entities." DAKOTA PLAINS HOLDINGS INC Bankruptcy Proceedings On Jan. 27, 2017, the U.S. Bankruptcy Court scheduled a Jan. 27, 2017 sale hearing in Co. s case. DAKOTA PLAINS HOLDINGS INC Bankruptcy Proceedings On Jan. 27, 2017, the Court approved a "stalking horse" asset purchase agreement, dated Dec. 19, and amended Jan. 26, 2017 (the "Asset Purchase Agreement"), by and between the Debtors and BioUrja Trading, LLC (the "Purchaser"), pursuant to which, subject to the terms and conditions of the Asset Purchase Agreement, the Purchaser agreed to purchase substantially all of the assets of the Debtors for a purchase price equal to approximately $10,850,000, which would be satisfied in cash and the assumption of certain specified liabilities, including payment of pre-petition cure costs of up to $50,000 required to be paid pursuant to Section 365 of the Bankruptcy Code and the remainder to be paid from the purchase price. The consummation of the transactions contemplated by the Asset Purchase Agreement is subject to certain customary conditions as specified in the Asset Purchase Agreement. The Asset Purchase Agreement also provides for a termination fee payable to the Purchasers upon the occurrence of certain events. DAKOTA PLAINS HOLDINGS INC Bankruptcy Proceedings On Jan. 30, 2017, Co. filed with the SEC its monthly operating report for Dec.. For the month, the Debtors reported a $50,546 net loss on zero net operating revenue and paid $27,418 in selling, general and expenses and zero in total reorganization items. Cash at the beginning of December was $378,979 and $274,054 at month s end, with net cash flow of $104,925. Co. paid cash disbursements of $104,925 on zero cash receipts during the month. DAKOTA PLAINS HOLDINGS INC Bankruptcy Proceedings On Jan. 30, 2017, Co. filed with the U.S. Bankruptcy Court a first amendment to its asset purchase agreement (APA). The amendment notes, "On Jan. 23, 2017, the Sellers held the Auction pursuant to the Bidding Procedures Order, at which time, the Purchaser and Seller agreed that the Purchaser shall increase the Purchase Price. Now, Therefore, in consideration of the mutual covenants and agreements contained herein, and intending to be legally bound hereby, the Parties hereby agree as follows: Amendment to Section 1.1. Section 1.1 of the APA is hereby amended by adding a new subsection 1.1(t) to read as follows: (t) All of Seller s accounts receivables as of the date of Closing. Section 2.1(a) of the APA is hereby amended and restated in its entirety to read as follows: The aggregate consideration (collectively, the Purchase Price ) to be paid for the purchase of the Purchased Assets shall be: (i) the assumption of Assumed Liabilities, and (ii) cash in an amount equal to $10,850,000 minus the Cure Cost Reduction, if any, and minus the dollar amount of real or personal property Taxes allocated to Sellers pursuant to Section 11.1(b). " The Court subsequently approved Dakota Plains Holdings motion for an order approving the APA between the Debtors and purchaser and stalking horse bidder BioUrja Trading. DESTINY MEDIA TECHNOLOGIES INC Consolidated Income Statement, Years Ended Aug. 31 ($): 2014 Service revenue...... 3,337,813 3,323,537 3,572,376 expenses............ 802,433 1,119,468 1,351,991 Sales & marketing expenses............ 1,260,384 1,441,833 1,378,335 Research & development expenses............ 1,292,996 1,376,386 1,062,668 Depreciation & amortization......... 191,383 182,863 148,165 expenses............ 3,547,196 4,120,550 3,941,159 operations........... (209,383) (797,013) (368,783) Interest income...... 21,132 42,787 61,366 Other income (expenses).............. (420) 18 Income (loss) before income taxes - United States....... 86,193 (143,538) (37,979) Income (loss) before income taxes - Canada............ (274,444) (611,108) (269,420) Income (loss) before provision for income taxes..... (188,251) (754,646) (307,399) Income tax expense (recovery) - deferred................ 842,000 17,000.... (188,251) (1,596,646) (324,399) - basic.............. 54,737,918 52,993,874 52,486,401 - diluted............. 54,737,918 52,993,874 52,486,401 outstanding.......... 55,013,874 52,993,874 52,993,874 per share - basic..... $0.00 $(0.03) $(0.01) per share - diluted.... $0.00 $(0.03) $(0.01) employees........... 22 25 25 Number of part time employees........... 1 1 2 Total number of employees........... 23 26 27 1 60 2 60 3 58 Foreign currency translation adjustments............ (364,374)... 1 As of November 28, ; 2 As of November 24, 2015; 3 As of November 24, 2014 Consolidated Balance Sheet, Years Ended Aug. 31 ($): Cash & cash equivalents.......... 662,743 387,316 Accounts receivable, gross........................... 632,184 405,206 Less: allowance for doubtful accounts................ 4,049 6,058 Accounts receivable, net.......... 628,135 399,148 Other receivables................ 15,051 15,471 Current portion of long term receivable.................. 113,834 98,180 Prepaid expenses................. 61,525 36,042 Total current assets............... 1,481,288 936,157 Deposits........................ 22,978 32,222 Long term receivable............. 61,642 167,350 Furniture & fixtures, cost............................. 160,766 159,507