During the third quarter of Fiscal Year 2015, Mr. Folkson began accruing a consulting fee of $6,000 per month which the aggregate of $6,000 is reflected in professional fees for the three month period ended December 31, 2017 and reflected in the accrued expenses – related party with a balance of $192,000 and $180,000 at December 31, 2017 and June 30, 2017, respectively.  

On December 8, 2017, Mr. Folkson acquired Warrants to acquire up to 80,000 additional shares of NGTF stock at a strike price of $.20, and with a term of three (3) years from the date of this agreement. Mr. Folkson acquired these Warrants at a cost of $.15 per warrant, which will result in a reduction in the accrued consulting fees due him by $12,000. In addition, during the quarter ended December 31, 2017, Folkson had been paid $12,000 against his total accrued balance to date.