Exhibits 81 PG SMEV

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 1 of 81
E xh ib it
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Septem ber2,2010
Docum entNo.:100902-01
UNANIM OUS CONSENT AND CERTIFICATION
IN LIEU OFA SPECIALM EETING OFDIREG ORS OF
SIM UG TED ENVIRONM ENT CONCEPTS,INC.

a Florida Corporation
The undersigned, being aII of the directors of SIM ULATED ENVIRONM ENT CONCEPTS, INC., a
corporationoftheState ofFlorida,(the ''Corporation'

'),do herebyauthorize and approve the actions
setforth inthe follow ing resolutionswithoutform ally convening a m eeting,and do hereby consentto
the following actions ofthis Corporation,w hich actions are hereby deem ed affective as of the date
hereof:
RESOLVED:thatthe officers ofthis Corporation are authorized and directed to enterinto an escrow
agreementwiththeTripod Group,LLCandtodeposit6,000,000(sixmillion)sharesintoescrow selfadm inistered by Tripod Group,LLC to be used forsubsequent conversions by the Tripod Group,LLC
to recoveram ounts due under the convertible note originally issued to the Tripod Group,LLC on
M arch 20,2008.
FURTHER RESOLVED,thateach ofthe officersofthe Corporation be,and they hereby are authorized
and em powered to execute and deliver such docum ents, instrum ents and papers and to take any
and aIIotheraction as they or any of them m ay deem necessary or appropriate ofthe purpose of
carrying outthe intentofthe foregoing resolutions and the transactions contem plated thereby;and
that the authority of such officers to execute and deliver any such docum ents, instrum ents and
papers and to take any such other action shallbe conclusively evidenced by their execution and
delivery thereofortheirtaking thereof.
CERTIFICATION FOR TRANSFER AGENT: the Board of Directors duly adopted this Resolution
authorizing issuance ofthe above stated shares.
'
Accordingly,please issue certificatesrepresenting the sharesand deliverthem to:
The Tripod Group,LLC,250 E.W isconsinAve,Suite 1800,M ilwaukee,W I53202
The undersigned,by affixing theirsignatureshereto,do hereby consentto,authorize and approve the
foregoing actions in their capacity as a majority of the direction ofSIM ULATED ENVIROM ENTAL
CONCEPTS,INC.
Executed the day firststated above:
By:
Ella Frenkel,DIRECTOR,Presidentand CEO
By:
Ilyaa ; -k, IR-TOR, ecretary
EXHIBIT ''0 ''Page 1 of114

A ugust l1,20ll
Docum entN o::l10811-01
CERTIFICATION RE:BOARD RESOLUTION OF
SIM ULATED ENVIRONM ENT CONCEPTS ISM EVI

On July l8,2011,the board ofdirectorsadopted a valid resolution authorizing issuance ofthefollowing shares:
N am e & address
Tripod Group,LLC
250 E.W isconsin A venue
Suite 1800
M ilw aukee,W l53202
Tax ID N o.
26-1108998
N o.ofshares
6,200,000
Costbasis
$3,100.00
ThesecertificatesaretobeissuedwithoutIegendbecausethesesharesareissuedsubjectto
prom issory N ote thatw asentered into on January 7,2010.
Accordingly,please issue certificatesrepresenting the above shares and deliverthem to:
Tripod Group,LLC;
attn.:M r.Ken Tucker;D avid Leiner
c/o Legend Securities
45 Broadw ay,32ndFloor
N Y C,N Y 10006
(888)864-8899
pleasesendvlA:K Iredsx --pleasebillAccw :223437605

Residence: S-R YEs or M No
Signature: I-R YES or Z NO
Signed on date firstm entioned above:
A ttest:
B y:
By:
1la Frenkel,D IRECTOR,Presidentand CEO
plv ,D l ECTOR,Secretary
EXHIBIT ''0 ''Page 2 of 114
July l8,20l1
CERTIFICATION RE:BOA RD RESOLU TION O F
SIM ULATED ENVIRONM ENT CONCEPTS ISM EVJ

On July 18,2011,the board ofdirectorsadopted a valid resolution authorizing issuance ofthe follow ing shares:
N am e & address
Tripod Group,LLC
250 E.W isconsin Avenue
Suite 1800
M ilwaukee,W I53202
Tax ID No.
26-1108998
N o.ofshares
4,200,000
Costbasis
$2,100.00
Nx ThesecertincatesaretobeissuedwithoutIegendbecausethesesharesareissuedsubjectto
prom issory N ote thatw asentered into on zanuary 7,2010.
Accordingly,please issue certificatesrepresenting the above sharesand deliverthem to:
Tripod G roup,LLC;
attn.:M r.Ken Tucker;David Leiner
c/o Legend Securities
45 Broadw ay, 32ndjrjoor
N Y C,N Y 10006
(888)864-8899
pleasesendvIA:nx IredEx --pleasebillAccw :223437605
Residence: n vus or Dx xo
signature: n vns or R xo
Signed on date firstm entioned above:

Attest:
j;y:
By:
11llaFrenkel,DIRECTOR,Presidentand CEO
p1v .D I EC-I'f)R,Secretary
EXHIBIT '.0 .'Page 3 of 114
June23,2011 lre:Preferdconversioninto30,000,000forshareholderDevelopmentGroup,LLC lDocumentNo.:110623-03

RESOLUTION and CERTIFICATION OF BOARD OF DIREG ORS
SIM ULATED ENVIRONM ENT CONCEPTS,INC.

A Florida Corporation
W e,beingalIofthedulyelected membersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT CONCEPTS,
INC.,acorporationorganizedundertheIawsoftheStateofFlorida(the'Compan/'),doherebycertifythata
meetingofthe Board ofDirectorsheld onthe datestated above,atwhichsaid meeting aquorum waspresent,
eitherin person orthroughelectroniccommunication,andvoting throughout,the following resolution,upon
motionsmade,seconded andcarried,wasdulyadopted,entered into the recordsofthe Com pany and is now in
fullforce and effectasofthe datesetforth above:
IT ISRESOLVED THAT theattached requestforconversionofpreferred sharesinto freetrading common stockis

approved and thatthe Companyapprovesthe issuance ofthe forging certificationandthattheCompany,by and
through i
tsofficersand directors,are hereby instructed to take suchfurtheractionsasare necessaryto
im plementand affectthisResolution.
CERTIFICATION:the Board ofDirectorsduly adopted avalid Resolutionauthorizingissuance ofsharesas
indicated onattached document.
Thesharesare to befree-trading commonstock.
TheTransferAgentisinstructed to seek,i
fnecessary,anopinion Ietterissued byan attorneycompetentto issue
suchopinions.
W e requestthatstock be issued and disbursedasfollows;
3,000(threethousand)preferredsharesfrom Authorized BlankCheckPreferredStockCertificateNo.

0223beconvertedto30,000,000(thirtymillion)offree-tradingCommonStock.
Accordingly,please issue the certificatesand deliverthem to the addressspecified ontbe conversion.
Executed onthe datefirstmentioned above by:
E a Frenke ,President
1
llya
'
, ec tary
Shareholder D evelopm entG roup,LLC

1504 Macy Drive
Roswell.Georgla 30076
770-518-3449
www.shareholderdg.com
June 15?2011
ShareholderDevelopm entGroup
Attn:Tony Golden ,CEO
1504 M acy Drive
Roswell,Georgia 30076
Sim ulated Environm entConcepts,lnc.
Attn:Ella Frankel,President
20229 NE 15TH Ct.
M iam i,FL33179
M s.Frankel
1,am writing to inform you thatShareholder DevelopmentGroup willbe presenting to Sim ulated
EnvironmentConcepts,Incx's (''SM EV'

')transferagent,American Registrar& TransferCo.,requests
to haveThreeThousand (3000)PreferredSharesconverted into atotalofThirtyM illion (30,000,000)
com m on shares ofSM EV,free ofrestrictive Iegend.
The relevantfactsareasfollows:
SM EV and Ajene W atson LLC entered into a M anagementand Business Consulting Agreementon
August2,2009 underwhich 13,200 Preferred Shares were to be paid to Ajene W atson LLC as a
'
retainerpaym ent.
Ajene Watson,personally presented (via Mail/email)to SMEV an invoice for13,200 shares Of

preferred stock on August 3, 2009 with a Dem and Notice for stock Paym ent and disbursem ent
scheduIe.
On April22,2011, Ajene Watson, LLC requested that4,500 preferred shares ofthe original
certificate #0101 representing 13,200 preferred sharesbe split,w ith the rem aining8,700 preferred
shares to rem ain as 8,700 preferred shares,free ofany restrictive covenants. This resulted in the
issueofcertificate#0221(representing8,700 preferredshares).
The shares were full
y paid forasofAugust3,2009.
O n M ay 1, 201.1 SM E'V ancl Shareholder Developm ent Group, ttC'entered nto a Csnsulting
Agreem entunderw hich 3000 Preferred Shares,which converted in to com m on sharesata ratio of
2of2
EX HIBIT ''0 ''Page 5 of 114
Ten Thousand (10,000)common Stock t()every One (1)preferred stock,were to be gaid tc

Shareholder Developm ent Group, LLC as paym ent forservices. Shareholder Developm ent Group,
LLC has agreed to w ait untilJune 15tl
), 2011 to exercise the right to m ake this conversion from
preferred sharesinto col
-nm on stock.
On M ay 9(lh, 2011,AJENE W ATSON,LLC,spl
itand transferred Three Thousand (3000)Preferred
Shares into the nam e ofShareholder Developm ent Group,LLC,and along w ith thattransfer,no
rpstrictive covcnants (other than the arrangem erlt to which Shareholder DevelopmentGrtlup has
agreed to waituntilJune 15t2, 2011 t()exercisi
?the ri
ghtto rtlake its conversion ofthese preferred
sharesintocomrnonstock),and,aIIofthesamerightsinherenttoAjeneW atson,LLC
A copy of the AJENE W ATSON, LLC M anagem ent and Business Consulting Agreem ent, Invoice,
Dem and Notice and disbursem ent requesthas been previously provided by AJENE W ATSON,LLC on
August18,2010 (to both SM EV and ARTCO). Additionally,attached herewith is the Consulting

Agreem entbetween SM EV and SharehoiderDevelopm entGroup,LLC.
Forthe convenience OfaIlparties involved lkindly ask thatyou confirm to Am erican Registrar&
TransferCo.,the accuracy andgenuinenessofthe factsand docum ents.
Today I am presenting Certificate #0223 representing 3000 Preserred Shares (derivad from
certificate//0221). lrequestthatthese preferred sharesbe converted into 30,000,002common
shares(freeoflegend),
Respectfully,
/
Ton Golden ,CEO
Cc:Am erican Registrar& Transfer

342 gast900 South
SaltLake City,UT 84111
Sim ulated Environm ent Concepts,lnc.
Attn:Allen l.icht,COO
20229 NE 15TH Ct.
M iam i,FL33179
Shareholder Developm entG roup,LLC

1504 Macy Drive
Rosweli,Get'lrgia30076
773..518-3449
www.sflarehofderdg.com
June 15,2011.
ShareholderDevelopm entGrotlp,LLC
Attn:Tony Golden ,CEO
1504 M acy Drive
qoswell,Georgia 30076
Am erican Registrar& Transfer

Attn:Patrick Day
342 South 9O0
SaltLake City,UT 84111
M r.Day
1,TonpGolden, ChiefEyecutive OfficerofShareholderDevelopmentGroup,LLC,herebyrequest
thattheThreeThousand (3000)preferredsharesofSimulatedEnvironmentConcepts,lnc.
('SMEV/'),represented bycertificate//0223,be convertedinto a totalofThirty M i1lion(3O,0OO,OO0)
com m on shares ofSM EV,free ofrestricti
vo legond.
PleasfbeadvisedthatshareholderDevelcpmentGroup,LI-CisnotanaffiliateofSME'
V (astheterm
''affiliate''isdefinedbyparagraph(a)(1)ofRule144).PertheManagementandBusinessConsulting
Agreem entexecuted betweenAJENEW ATSON,LLC and SM E
'
JV on August2,2009,an lnvoice,
Demand Notice and DistributionSchedule whichwere presented to SM EV onAugust7,2009(copios

Ofwhichhave previouslybeen providedtoyouonAugust18tb,2010)the sharesin questionwere
dtleto beissued (and werefuffypaid for)to AJE'NUW ATSON,LLC on August3,2009. A portfonof
these sam e shares,represented by certificate //0223 has been transferred to Shareholder
Developm entGroupdLLC.
Accordingly,ShareholderDevelopmentGroupisentitledtoavailitselfofRule144(1understandthat
SM EV hasadvised you thatithasneverbeena''shell''corporation).Kindlyissuea new certificate
for30,000,000 common sharesofSMEW withoutIegenj.
Please m ailthe new ly issued certificateviaovernightm ailto ourofficesattheabok'eaddress:
Thank gou.
Respectfully,
Tonv olden
ChiefExecutiveOfficer
EX H IB IT ''0 ''Page 7 of 114
SHAREHOLDER DEVELOPMENT GROUR LLC

P$1ttilIg t11$5?f):-(.
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CONSUL'1-lN G SERVlCES AG REEM ENI'
7-lle Ibll
owing Collstlltillg Services Agrcenlcllt(tlle''Agreelllent'')isentcred this l'' day ofN'
lay,20I1by and
bctvveen Sinltllatud Environaellt Concepts (''
Clicnt''
, KKSSIE-V''), alld Sl:areholder Developmellt Gloup, LLC
t''
col
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lltallt',iiSDG''),vvitl)referencetotllefollovving;
READ ING S/REC ITA LS
A.1-I1e CIientdesiresto bc asstlred of'tlle association and servicesoftl

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lcConsu1tantiI
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Iorderto avaiIitself-oftlle
ConstlItalltexperience.skills.at
lilitics,kllovvledge,al
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kgroLlnd to facilitate Iotlg l'
ange strategic lnvestorRelations
planlling,ancltoadvisetheCIientin btlsillcssand/orfinancia.
lIllattcrsand istleret
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agree asf'
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ny elgages Col:stlltal
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yalcial Consultant to tlte CIiellt and to relpder such advicca constlltation,
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brllatiol).alldserviccsto tlle Directorsand/orOfficersoftl:eCliel
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2. D UE I3ILIGENCE REQ U 1RELIENTS. T1le Client si1alI stlpply and clclivel' to the Collstlltarlt all
i1fbrllatiot
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'elatilpg to tlle C1ientCollppal
ay'sbusfless asmay'bt
treasonably reqtlested by theConstlltantto enable tle
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EXHIBIT ''0'.Page 8 of 114
SHA REHO LD ER DEVELOPM ENT G RO UP,LLC

Iiutting Ille'
$1/1.
11'4
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)11tlleStl'eet
Cliel:t sl
7alI de1ivel
-to SDG 3
.000 ctllvertible l
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lref
krred slares. Eacll ctlllvertible preferred shall be
col
lvertihle il
to l0y000 conll
uon slaresot'SNIF-V inlnzediately Llpon isstlalceofa collversioa Iloti
cel)y
SDG to tl3econppany. I-I'
lcsharessllal1bcisstlcd to Slldl.
ellolderDeveloplllelltGl'
oup allddeliveredtoour
off-icesatl.
504 M acy Drive,Roswell,Gcorgia3(
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5.REPRESENTA'I'IONS,W A RRAN-IS ANI
))COVE-NAN'I-S.'1-I
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lantsto
tlleConsultantasfollows:
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EXH IB IT ''0 ''Page 10 of 114
June 23,2011 lre;Preferdconversioninto28,000,000forAjeneWatson,LLC
DocumentN0.;110623-02
RESOLUTION and CERTIFICATION OF BOARD OFDIREG ORS

W e,being aIIofthe duly elected membersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT CONCEPTS,
INC-,acorporationorganizedundertheIawsoftheStateofFlorida(the''Companyv),doherebycertifythata
meeting ofthe Board ofDirectorsheld onthe datestated above,atwhichsaid meeting aquorum waspresent,
eitherin person orthrough electroniccomm unication,and votingthroughout,thefollowing resolution,upon
motionsmade,seconded and carried,wasdulyadopted,entered into the recordsoftheCompanyand isnow in
fullforce and effectasofthedate setforthabove:
IT IS RESOLVED THAT the attached requestforconversionofpreferred sharesinto freetrading common stockis
approvedandthatthe Com pany approvestheissuance oftheforging certification andthattheCompany,by and
through itsofficersand directors,are hereby instructedto take suchfurtheractionsasare necessaryto
implementand affectthisResolution.
CERTIFICATION;the Board ofDirectorsduly adopted avalid Resolution authorizing issuance ofsharesas
indicated on attached document.
The sharesareto be free-trading com mon stock.
TheTransferAgentisinstructedtoseek ifnecessary,anopinionIetterissued byanattorneycompetenttoissue

such opinions.
W e requestthatstockbe issued and disbursed asfollows:
2,800(twothousandeghthundred)preferredsharesfrom Authorized BlankCheckPreferredStock

Certificate Nos.0104,0112,0122,0132,0142,0152,0162,0172,0182,0192,0202 be convertedto
28,000,000(twenty-eightmillion)offree-tradingCommonStock,to bedelivered by10(ten)separate

certificatesof2,800,000(twomillioneighthundredthousand)each
Accordingly,pleaseissue the certificatesand deliverthem to the addressspeci
fiedon the conversion notice via
FederalExpress,overnightdelivery.
Executed onthedatefirstm entioned above by:
*
Ilya
' , ec tary
EXHIBIT .'01'Page 12 of114

June 23,2010
Ajene W atson
48 W allstreet lltbFI
New York,NY 10005
American Registrar& Transfer

Attn:PatrickDay
342 South900
SaltLake City,UT84111
M r.Day
1,AjeneW atson,herebyrequestthatatotalofTwoThousand EightHundred(2,800)Preferred

SharesofSimulated EnvironmentConcepts,lnc.(''SMEV''),represented bycertificateNo.'s0104,
0112,0122,0132,0142,0152,0162,0172,0182,0192,and,0202,be converted into atotalof
Twenty-EightMillion(28,000,000)commonsharesofSMEV,freeofrestridiveIegend.
Please beadvisedthatAjeneWatsonisnotanaffiliateofSMEV (astheterm ''affiliate''isdefined by

paragraph(a)(I)ofRule144).PertheManagementand BusinessConsultingAgreementexecuted
between AJENEW ATSON,LLC and SM EV on August2,2009,an Invoice,Demand Notice and
Distribution Schedulewhichwere presented each monthto SM EV betweentheperiodsofAugust
3,2009andMay31,2010(copiesofwhichhavepreviouslybeenprovidedtoyou),thesharesin
questionwereduetobeissued (andwerefullypaidfor)asofeachrespectivedateofthepresented
invoice,dem and notice and disbursementschedule covering the periodsofAugust3,2009 thru M ay
31,2010 to AJENEW ATSON,LLC. Furthermore,Ihavefully paidforthe sharesfrom AJENE
WATSON,LLC.
Accordingly,Iam entitledtoavaiimyseffofRule 144(1understandthatSM EV hasadvisedyouthatit

hasneverbeena''shell''corporation). Kindlyissue10new certificates,eachfreeofrestrictive
Iegend,and each reflectinga com mon share am ountof2,800,000 shares.
Please m ailthe newly i
ssued certificate via overnightmailto:
AIENFW ATSO N LLC
48W allStreet
11tb FI
New York,NY 10005
Thankyou.
Respectfully,
e
d'
MW
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e W atson
Cc:Simulated EnvironmentConcepts,Inc.
EXHIBIT ''0 '.Page 13 of 114
June 17,2011 lre;Preferdconversioninto9,200,000forAjeneWatson,LLC
DocumentNo.:110617-01
RESOLUTION and CERTIFICATION OF BOARD OFDIREG ORS

W e,beingaIIofthe dulyelected mem bersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT CONCEPTS,
INC.,acorporationorganizedundertheIawsoftheStateofFlorida(the''Companyv),do herebycertifythata
meetingofthe Board ofDirectorsheld onthedate stated above,atwhich said meetinga quorum waspresent,
eitherin person orthrough electroniccom munication,and votingthroughout,thefollowing resolution,upon
motionsmade,secondedand carried,wasdul
y adopted,entered into the recordsoftheCompanyand isnow in
fullforce and effectasofthe datesetforth above:
IT IS RESOLVED THAT theattached requestforconversion ofpreferred sharesintofreetrading common stockis

approved andthatthe Com pany approvestheissuanceofthe forging certificationandthattheCompany,by and
through itsofficersand directors,are herebyinstructed totakesuch furtheractionsasare necessaryto
im plementand affectthisResolution.
CERTIFICATION:theBoard ofDirectorsduly adopted avalid Resolution authorizing i
ssuance ofsharesas
indicated onattached document.
The sharesareto be free-trading com monstock.
The TransferAgentisinstructedto seek,ifnecessary,an opinion letterissued byanattorney competentto issue
such opinions.
W e requestthatstockbe issuedand disbursed asfollows:
920(ninehundredhundredandtwenty)preferredsharesfrom Authorized BlankCheckPreferredStock

Certificate Nos.0109,0119,0129,0139,014% 0169,0189,0199,0209,0211 be converted to 9,200,000
(ninemilliontwohundredthousand)offree-tradingCommonStock
Accordingly,please issue the certi
ficatesand deliverthem to the addressspeci
fiedon theconversion notice via
FederalExpress,overnightdelivery.
Executed onthe date firstmentionedabove by:
$
llya
' ,Sec tary

June 17,2011
AjeneW atson LLC

48 W allSt
11thFL
New York NY 10005

Sim ulated Environm entConcepts,Inc.
Attn:EllaFrankel,President
20229 NE 15THct.
M iam i,FL33179
M s.Frankel
Iam writing to inform you thattheAjene W atson LLC willbe presenting to Simulated Environment
Concepts,Inc.'s(''SMEV'')transferagent,AmericanRegistrar& TransferCo.,requeststohaveatotal
ofNine HundredTwenty(920)PreferredSharesconvertedintoatotalofNineMillionTwo Hundred
Thousand(9,200,000)sharesofSMEV,freeofrestrictivelegend.
Therelevantfactsareasfollow s:
SM EV and Ajene W atson LLC entered into a Managementand BusinessConsulting Agreementon

August 2,2009 underwhich Preferred Shareswere to be paid to Ajene W atson LLC asa monthly
paym ent.
.
Ajene Watson,personally presented (via Mail/email)to SMEV a monthly invoice covering the
issuance,in thi
s specific instance,ofvarying am ountsofpreferred stock from August 31,2009 thru
M ay31,2010,w ithcorresponding Dem and NoticesforStockPaym entand disbursem entschedules.
The shareswere full

y paid forasofeach respective date ofthe presented invoice,demand notice
and disbursementschedulecoveringtheperiodsofAugust31,2009thruM ay31,2010.
A copy of the M anagem ent and Business Consulting Agreem ent,lnvoices,Demand Notices and
disbursementrequest have been previously provided by Y ENE'W ATSON,LLC (to both SMEV and
ARTCO). Forthe convenience ofaIlpartiesinvolved Ikindly ask thatyou confirm to American
Registrar& TransferCo.,theaccuracyand genuinenessofthefadsand documents.
Today lam presentlng Certi
ficate #'s:0109,0119,0129,0139,0149,0169,0189,0199,0209,and.
0211 representing atotalof920 Preferred Shares. IrequestthataIIofthese 920 preferred shares
beconvertedinto9,200,000commonshares(freeoflegend).
Thank you,
Respectfully,
'
ne W atson
'''
Managing Member
Cc:Am erican Registrar& Transfer
342 East900 South
SaltLakeCity,UT84111
EXH IBIT ''0 ''Page 15 of114

A F LO R ID A C O R P O R A T IO N
CORPORATE RESOLUTION
1, Ella Frenkeldo hereby certify that at a m eeting of the Board of Directors of Sim ulated
Environm entConcepts,lnc.a corporation organized underthe State LawsofFlorida held on the
M ay 2,2011,at w hich said m eeting no less than two officers or directors were present and
voting throughout,the follow ing resolution, upon m otions m ade,seconded and carried, was
duly adopted and isnow infullforce and effect:
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany-1% 0 ofsuch officers
hereby certify thatthe certificate specified is validly issued as indicated on itsface;atthis tim e
there are no adverse claim s pertaining to this certificate and the sharesare free trading and at
thistim e there are no know n events orconditions that m ay cause shares to be retracted ata
Iaterdate.
Certificate HolderofRecord:AsherEnterprises,Inc.
NumberofShares:4,500,000 (fourmillionfivehundredthousand)
Certificate CUSIP num ber:82920N 10 4
Certificate Num ber10302
Ifurthercertifythatthe following isa true and correctIistofofficersofthisCorporation asof

the presentdate.
Ella Frenkel,President
Ilya Spivak,VP & Secretary
ln witnessw hereof,on thisdate firststated above:

President:
%olceo #
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Secretary:
EXHIBIT 1'0'.Page 16 of 114
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A F L O R ID A C O R P O R A T IO N
1, Ella Frenkel do hereby certify that at a meeting of the Board of Directors of Sim ulated
Environm entConcepts,Inc.a corporation organized underthe State Law sofFlorida held on the
M ay 2,2011,at which said meeting no Iess than two officers or directors were present and
voting throughout,the follow ing resolution,upon m otions m ade, seconded and carried, was
duly adopted and isnow in fullforce and effect:
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany 1-W 0 ofsuch officers
there are no adverse claims pertaining to thiscertificate and the sharesare free trading and at
this tim e there are no known events orconditions that m ay cause shares to be retracted ata
laterdate.
Num berofShares:4,500,000 (fourmillionfive hundredthousand)

Ifurthercertify thatthe follow ing is a true and correctIistofofficersofthisCorporation asof

the presentdate.
llya Spivak,VP & Secretary
In w itnessw hereof,on this date firststated above:
President:
Golceo
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:
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Q=joe v
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secretary.
EXHIB IT ''0 ''Page 17 of114
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A rL O R ID A C O R P O R A T IO N
1, Ella Frenkel do hereby certify that at a m eeting of the Board of Directors of Sim ulated
M ay 2, 2011,at w hich said m eeting no less than two officers or directors were present and
voting throughout,the following resolution, upon m otions m ade, seconded and carried,was
duly adopted and is now in fullforce and effect:
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany 7W 0 ofsuch officers
hereby certify thatthe certificate specified isvalidly issued as indicated on itsface;atthis tim e
there are no adverse claim s pertaining to this certificate and the shares are free trading and at
this tim e there are no known events orconditions that m ay cause sharesto be retracted ata
Iaterdate.
Certificate HolderofRecord:AsherEnterprises,lnc.
NumberofShares:4,500,000 (fourmillionfive hundredthousand)

Ifurthercertify thatthe follow ing isa true and correctIistofofficersofthisCorporation asof
the presentdate.
In witnesswhereof,on thisdate firststated above:
President:
%olceo *
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Q=,,:oe w.
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Secretary:
o* o o z p g
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EXHIBIT .'0 ''Page 18 of 114

A F LO R lD A C O R P O R A T lO N
Environm entConcepts,Inc.a corporation organized underthe State LawsofFlorida held on the
M ay 2,2011,at w hich said meeting no Iess than two officers or directors were present and
voting throughout,the follow ing resolution, upon m otions m ade, seconded and carried,was
hereby certify thatthe certificate specified isvalidly issued as indicated on its face;atthistim e
there are no adverse claims pertaining to this certificate and the shares are free trading and at
this tim e there are no know n events orconditions that m ay cause shares to be retracted at a
Iaterdate.
NumberofShares:4,500,000 (fourmillionfive hundred thousand)

Ifurthercertify thatthe following is atrue and correctlistofofficersofthisCorporation asof
the presentdate.
In w itnessw hereof,on thisdate firststated above:
ident:
pres
Secretary:
%ogcepp
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A F LO R ID A C O R P O R A T 1O N
Environm entConcepts,Inc.a corporation organized underthe State Law sofFlorida held on the
M ay 2,2011,at w hich said m eeting no less than two officers or directors were present and
voting throughout,the follow ing resolution,upon m otions m ade,seconded and carried,w as
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany 7W 0 ofsuch officers
there are no adverse claim s pertaining to thiscertificate and the sharesare free trading and at
thistim e there are no know n events orconditions that m ay cause shares to be retracted ata
Iaterdate.
NumberofShares:4,500,000(fourmillionfive hundred thousand)


the presentdate.
ln w itnessw hereof,on thisdate firststated above:

President..
%olceo
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Secretary:
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A F LO R ID A C O R P O R A T IO N
Environm entConcepts,lnc.a corporation organized underthe state LawsofFlorida held on the
M ay 2,2011,at w hich said m eeting no Iess than two officers or directors w ere present and
voting throughout,the fojlow ing resolution, upon m otions m ade,seconded and carried, was
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany 7% 0 ofsuch officers
hereby certify tbatthe certificate specified is validly issued as indicated on itsface;atthis tim e
this time there are no know n events orconditions that m ay cause shares to be retracted ata
Iaterdate.
NumberofShares:4,500,000 (fourm illionfivehundred thousand)


the presentdate.
ln witnessw hereof,on thisdate firststated above:

President..
*&
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Dopczpy
.z
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Q=,,:oe wv
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secretary.
.
EXHIBIT 1'0 '1Page 21 of114
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A FL O R ID A C O R P O R A T lO N
M ay 2,2011,at w hich said m eeting no Iess than two officers or directors w ere present and
voting throughout,the follow ing resolution, upon m otions m ade,seconded and carried,was
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany -1% 0 ofsuch officers
hereby certify thatthe certificate specified is validly issued as indicated on its face;atthis tim e
thistime there are no know n events orconditions that m ay cause shares to be retracted ata
Iaterdate.
NumberofShares:4,500,000(fourmillionfivehundredthousand)

the presentdate.
ln w itnessw hereof,on this date firststated above:
Gopcvpy
President.
Secretary
.
EXHIBIT '10 .'Page 22 of 114
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A F LO R ID A C O R P O R A T lO N
1, Ella Frenkel do hereby certify that at a meeting of the Board of Directors of Sim ulated
Environm entConcepts,lnc.a corporation organized underthe State Law sofFlorida held on the
M ay 2,2011,at which said m eeting no Iess than two officers or directors were present and
voting throughout,the following resolution,upon m otions m ade, seconded and carried,w as
hereby certify thatthe certificate specified is validly issued as indicated on itsface;atthistim e
there are no adverse claim s pertaining to thiscertificate and the sharesare free trading and at
this tim e there are no know n events orconditions that may cause shares to be retracted at a
laterdate.
NumberofShares:4,500,000(fourmillionfivehundredthousand)
Ifurthercertify thatthe follow ing isa true and correctIistofofficersofthisCorporation asof

the presentdate.
In w itness whereof,on thisdate firststated above:
President:
%olceo
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secretary.
EXHIBIT 1'0 ''Page 23 of114
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A F LO R lD A C O R P O R A T lO N
M ay 2, 2011,at w hich said m eeting no less than two officers or directors were present and
voting throughout,the following resolution, upon m otions m ade, seconded and carried,was
RESOLVED,Thattbe President,Vice-president Treasurer,Director,orany 7W 0 ofsuch officers

hereby certify thatthe certificate specified isvalidly issued asindicated on itsface;atthistim e
there are no adverse claim spertaining to thiscertificate and the shares are free trading and at
this tim e there are no known events orconditions that m ay cause shares to be retracted at a
Iaterdate.
NumberofShares:4,500,000 (fourmillionfive hundred thousand)

1furthercertify thatthe following isatrue and correctIistofofficers ofthisCorporation asof
the presentdate.

President..
&
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Secretary:
EXHIBIT .'0 ''Page 24 of114
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A F L O R ID A C O R P O R A T IO N
M ay 2,2011,at w hich said meeting no less than two officers or directors were present and
voting throughout the following resolution, upon m otions m ade, seconded and carried,w as
RESOLVED,Thatthe President,Vice-president,Treasurer,Director,orany 7% 0 ofsuch officers

hereby certify thatthe certificate specified isvalidly issued as indicated on i
tsface;atthis tim e
there are no adverse claim spertaining to tbiscertificate and the shares are free trading and at
thistim e there are no know n events orconditions that m ay cause shares to be retracted at a
Iaterdate.
NumberofShares:4,500,000 (fourmillionfive hundredthousand)


the presentdate.

President..
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secretary
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EXHIBIT ''0 ':Page 25 of114
Qazvqp

April29,2011
UNANIMOUSCONSENT IN LIEU OFA SPECIALM EETING OFDIREW ORSOF

The undersigned, being all of the directors of SIM ULATED ENVIRONM ENT CONCEPTS, INC-, a
corporation ofthe State ofFlorida,(the ''Corporationv),do hereby authorize and approve the actions
set forth in the follow ing resolutions without the form ally of convening a m eeting, and do hereby
consent to the follow ing actions ofthis Corporation,w hich actions are hereby deem ed affective as of
the date hereof:
RESOLVED:thatthe officersofthisCorporationare authorizedand directedto issue 38,461,538 (thirtyeightm illion fourhundred and sixty one thousand five hundred and thirty eight)sharesofCommon
Stock to the Tripod Group,LLC forconversion ofnotesdated January21,2010.
FURTHER RESOLVED,that each ofthe officersofthe Corporation be,and they hereby are authorized
and em powered to execute and deliversuch docum ents,instrum entsand papers and to take any and
aIIotheraction as they orany ofthem m ay deem necessary orappropriate ofthe purpose ofcarrying
out the intent of the foregoing resolutions and the transactions contem plated thereby;and that the
authority ofsuch officers to execute and deliverany such docum ents,instruments and papers and to
take any such otheraction shallbe conclusively evidenced by theirexecution and delivery thereof or
theirtaking thereof.
The undersigned,by affixing theirsi

gnatureshereto,do hereby consentto,authorize and approve the
foregoing actions in their capacity as a majority of the direction of SIM ULATED ENVIRONM ENT
CONCEPTS,INC.
Executed on the date firstm entioned above by:
1
Ilya
' a ,Se etary
EXHIBIT ''0 1'Page 26 of 114

M arch 29,2011 re:StockStreetCapital,LLC.-20M -
RESOLUTION and CERTIFICATION OFBOARD OF DIREG ORS

W e,being allofthe duly elected m em bersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT
CONCEPTS,INC-,acorporation organized underthe lawsoftheStateofFlorida(the ''Compan//),do

hereby certify thata m eetingofthe Board ofDirectorsheld on the date stated above,atwhich said
m eeting a quorum waspresent,eitherin person orthrough electroniccom m unication,and voting
throughout,the following resolution,upon m otions made,seconded and carried,wasduly adopted,
entered into the recordsofthe Com pany and isnow in fullforce and effectasofthe date setforth
above:
IT IS RESOLVED THAT the Com pany approvesthe issuance ofthe forging certification and thatthe
Com pany,by and through itsofficersand directors,are hereby instructed to take such furtheractions
asare necessaryto im plem entand affectthisResolution.
CERTIFICATION: the Board ofDirectorsduly adopted avalid Resolution authorizing issuance ofshares
asindicated on attached docum ent. The sharesare to be free-trading com mon stock.These shares
are being issued in accordance with a conversion note attached hereto.
TheTransferAgentisinstructed to seek,ifnecessary,an opinion Ietterissued by an attorney

com petentto issue such opinions.
Afteradequate representationsofthe corporate counseland in com pliance w ith Florida Statute
9607.0621(3)thatstates:
''Before the corporation issuesshares,the board ofdirectors m ustdeterminethatthe consideration
received orto berecei
vedforsharesto bei
ssuedisadequate.Thatdeterm inationbytheboardof
directorsisconclusive insofaras the adequacyofconsiderati
on forthe issuance ofsharesrelatesto
whetherthe sharesare validlyissued,fullypaid,and nonassessable.W hen itcannotbe determ ined that
outstanding sharesarefully paid and nonassessable,there shallbe a conclusi
ve presum ption thatsuch
sharesare fully paid and nonassessable ifthe board ofdirectorsm akesa good faith determinationthat
there isno substantialevidence thatthe fullconsiderationforsuch shareshasnotbeen paid.''
we requestthatstock be issued and disbursed in the am ountsand the nam esindicated on the
attached NoticesofConversion.
Il
ya
' , ec tary
EXHIBIT .'0 ''Page 27 of114
Case
Document 26-3 Entered on FLSD Docket
01/31/2013 Pagep.
29
Mar
30 110:12-cv-62197-WJZ
09:
02a
5614883045
2 of 81
NOTE ASSIGNM ENT AGREEM ENT
ThisNcteAssignmenlAgreement(GAgreemenf')isentered into this12th dayofMarch,2011.byand

betweenStockStreetCapital,LLC rTurchaser')andAjeneWatson,LLC(''SeI!
e/').
WFIEREAS.selleristhehol
derofa$25400promissorynoteissuedbySimulatedEqvironmentConcepts,
lnc.onJan7,2010(the'Note'');and
W HEREAS.Purchaserdesiresto purchasea portionoftbe Notewith afacevalue of$12,000from Sell
er;
and
W HEREAS.Sellerdesiresto sellaporti
on ofthe Ncte withafacevalueof$12,000to Purchaser;
NOW THEREFORE,THEPARTIESAGREEA5FOLLOW S:
1. Sale ofPod ionofNote.TheSellerherebyassignsandSells,and the Purchaserhereby recelves,
a portion of the Note equalto $12,000.

* (the eFractionalPortionr'hfor a purchase price of
2,X 0.00.
SellerRepresentatio
-ns-and W arranties. ln consideration ofthe sale cfthe FractionalPortion,
sellerherebyrepresentsandw arrantsto Purchaserasfollows:
.
a. 5e;lerhasnotsoldthe FractianalPortiontoanyotherpartyand hasthefulllegalrightto

assign the Frad ionalPorti
on to the Seller.
b. selleris not an Q ffillate''of sim ulated Environm ent Concepts, Inc. as that term is
defned undertheSecuriti
esActof1933,asamended and hasnotbeen an f
'affiliate''for
the previous90 days.
llerCovenants. Sellerwillexecuteanyadditionaldocum entsnecessaryforthe conveyance of

3. Se
-
the FractionalPorton to the Purchaser and/orforthe Purcham rto be able lo convertthe

FractionatPortioa into sharesofSim ulated Environm entConceptsaInc.Com m on Stock.
J'
Stock Streel
BY:
AjeneW tsoneLLC
1.L
/'
BY:
'
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EX HIBIT .'0 ''Page 28 of114
Case
0:12-cv-62197-WJZ
Document 26-3 Entered on FLSD Docket
01/31/2013 Pagep30
Mar
30 11
09:01a
5614883045
,1 of 81
EXHIBIT A
N OTICE OF COW ERSION
(TobeExecutedbytheRegisterH Holderin ordertoConverttheNote)
Thetmdersignedherebyirrevocablyelectstoconvert$ -'00 3 oftheaboveNote

intosA&.
X20 30 SharesofCommonStockofSimulatH Environment oncepts,lnc.(;%hares'')ata
conveMion priceequivalentto a50% discountfrom 1helow estt'adedrecordedBid Price,asoftbedatc
writlen below .
If Shares az'
e to be issued in the nsrne ofa person othcr th% the undersignedxthe
undersigned willpay a11transferand othertaxesand chargespayablew itb x spectthereto.
tlateot-convenion:
A pplicable Conversion P
w
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Signature:
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PRINT:
A ddm ssz
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PlintNnmeofHoldera?
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Sharesare to beregistered in tlw following nam e:

Name:
q'..-
Address: 0
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, r.-
Tel.& zry'tv<.1-637+
Fax:
c. -
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ssN orE1N: eat.

- .298 7/90
'
S/re
,a. /- LJ-G
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Sharesare to lx sentordelivex d to tln.

e following accotmt:
AccountName:
Address:
EXHIB IT ''0 ''Page 29 of 114

M arch 29,2011 re:Skyline CapitalInvestm ents,Inc.-20M -
RESOLUTION and CERTIFICATION OF BOARD OF DIREG ORS

W e,being allofthe duly elected m embersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT
CONCEPTS,INL,acorporationorganized underthelawsoftheState ofFlorida(the''Com pany''),do

hereby certify thata m eeting ofthe Board ofDirectors held on the date stated above,atwhich said
m eeting a quorum w as present,eitherin person orthrough electronic com m unication,and voting
throughout,the follow ing resolution,upon motionsm ade,seconded and carried,wasduly adopted,
above:
IT 15 RESOLVED THAT the Com panyapprovesthe issuance ofthe forging certification and thatthe
asare necessary to im plem entand affectthis Resolution.
CERTIFICATION: the Board ofDirectorsduly adopted a valid Resolution authorizing issuance ofshares
as indicated on attached docum ent. The sharesare to be free-trading com m on stock.These shares
are being issued in accordance w itb a conversion note attached hereto.
The TransferAgentis instructed to seek,ifnecessary,an opinion Ietterissued by an attorney

Afteradequate representationsofthe corporate counseland in com pliance w ith Florida Statute
9607.062143)thatstates:
'Beforethe corporation issuesshares,the board ofdirectorsm ustdetermine thattheconsderation
recei
ved orto be received forsharesto be issued is adequate.Thatdeterm ination by the board of
directorsisconclusive insofarasthe adequacy ofconsideration fortheissuance ofshares relatesto
whetherthesharesarevalidlyissued,fullypaid,and nonassessable.W henitcannotbedeterm inedthat
outstanding sharesare full
y paid and nonassessable,there shallbe a conclusive presumption thatsuch
sharesarefully paid and nonassessable i
fthe board ofdirectorsmakesagoodfaith determ ination that
there isno substantialevidence thatthefullconsideration forsuch shareshas notbeen paid.''
w e requesttbatstock be issued and disbursed in the am ountsand the nam esindicated on the
attached NoticesofConversion.
$.
llya
' ,Sec tar'y
NOTEASSIGNM ENTAGREEM ENT
ThisNoteAssignmentAgreement('/Agreement'')isenteredinto this17tbdayofMarch,1011,byand
betweenSkylineCapitallnvestment,Inc.(''purchaser'')andAjeneWatson,ttC(''SeIler'').
W HEREAS,Selleristheholderofa$25,000 promissorynoteissued bySimulated EnvironmentConcepts,
lnc.onJan7,2010 (tbe'Note'');and
W HEREAS,PurchaserdesirestopurchaseaportionoftbeNotewi
thafacevalueof$12,000from Seller;
and
WHEREM ,SellerdesirestosellaportionoftheNotewithafacevalueof$12,000toPurchaser;
NOW THEREFORE,THE PARTIESAGREEASFOLLOW S:
1. Sale ofPodion ofNote.The Sellerhereby assignsand Sells.and the Purchaserhereby reteives,
a portion ofthe Note equalto $12,000.00 (the ''FractionalPortion/')fora purchase price of

$2,000.00.
2. SellerRepresentations
-and W arranties. In consideration ofthe sale ofthe FractionalPortion,
Sellerhereby representsand warrantsto Purchaserasfollows:
Sellerhasnotsold the FractionalPortion to any otherpartyand hasthe fulllegalrightto

assignthe FractionafPortion to the Seller.
b. Seller is not an ''affiliate''of Sim ulated Environment Coocepts, Inc. as that term is
defined underthesecuritiesActof1933,asam ended and hasnotbeenan ''affiliate''for

the previous90 days.
3. A llerCovenants. Sellerwillexecute anyadditionaldocumentsnecessaryforthe conveyance of
the FractioqafPortion to the Purchaserand/orforthe Purchaserto be able to convertthe

FractionalPortion into sharesofSim ulated Environm entConcepts,lnc.Com m onStock.
Skyline Capitallnvestment.lnc
.
Al
ene W atson,tLC
BY:
BY:
Title: .f?c- o//
L.-,
I /:/zz
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f,-tss ,y
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TitIe:
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sz
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- zma zo,f/k.e
EXH IBIT A
N OTIC E O F CONV ERSION
(4*0 bcExectlted by the Rcgistered I'lolderin ordertoConverttheNote)
Theundersigned hereby irrevocably electsto convert$
) oftheaboveNote
into Do tk7tk/ltll hazesof-commonStockofSimulatedEnviromnentC ncepts,Inc.(ttshares-')ata

converslon p ice equivalentto a50% discountfrom the lowesttraded rccorded Bid Price.asofthe date
written bclow .
lf Shares are to be issued in the name of a person other than the undersigned,the
ttndersigned w illpay al1transferand othertaxesand clargespayable with respectthereto.
Dateofconversion:
3 z.
-.
j- t/
ApplicableconversionPrice:
4*0 .-/--.
7t-74//
-
Signature:
PIUNT:
Address:
:7 !
.
..p * .
7
//-'#.
gprintNameofHold andTitleofSigncr)
'
ssN or
918
.,k' - ;
.3:.
1..
,
%L - /t''
)7 5 //z2
Sharesareto beregistered in thefollowing nam e: k .j

Name: C ./'.
yS
/>.
.
n
<
nuze..i/z.
zn(ya/: rjt..
y; ..k r m
Address.. :7 /Azzt/ / 7 .
6*
/- e' /-- .e za.,
Tel: (A ,
./)-T-$:7 - J.
-%
--.nJ - -
'o p .., . h'

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ae
yax; (#.6*yJ qkz -:.

/,,:l/
SSN orE IN :
Shares are to be sntordelivered to the following account;

AccountN am e:
Address:

M arch 28,2011
RESOLUTION and CERTIFICATION OFBOARD OFDIREG ORS

W e,being alIofthe duly elected m em bersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT
CONCEPTS,INC-,acorporation organized undertheIawsoftheStateofFlorida(the ''Company''),do

hereby certify thata m eeting ofthe Board ofDirectorsheld on the date stated above,atwhich said
throughout,the following resolution,upon m otions m ade,seconded and carried,wasduly adopted,
above:
IT IS RESOLVED THAT subjecttothe previouslyapprovedassignmentfrom AjeneW atson,LLC toTripod

Group,LLC.the Com pany approvesthe issuance ofthe forging certification and thatthe Com pany,by
and through itsofficersand directors,are hereby instructed to take such furtheractionsasare
necessary to im plem entand affectthis Resolution.
CERTIFICATION: the Board ofDirectorsduly adopted avalid Resolution authorizing issuance ofshares
asindicated on attached docum ent.
The sharesare to be free-trading com mon stock.These sharesare being issued in accordance w ith a
conversion note attached hereto.
The TransferAgentisinstructed to seek,ifnecessary,an opinion letterissued by an attorney
W e requestthatstock be issued and disbursed in the am ountsand the nam esindicated on the
attached NoticesofConversion.Further,afteradequate representationsofthe corporate counseland
research,the board feelsthatthe conversion isreasonable and custom ary in the industry and is an
acceptable processofassignm entand conversion.And,the com pensation isadequate reim bursem ent
and consideration forconversion.
Accordingly,please issue certificatesrepresenting the sharesand deliverthem to addressspecified on
the conversion notice.
flya
' ,Sec tary
(TA)
EXH IBIT I
C ON V ER SIO N N O TICE
(TobeExecuted bytheRegistered HolderinordertoConverttheConvertibleRedeemableNote)
Ten Thousand FourH undred and 00/100 D ollarConversion
Theundersigned hereby electsto convert$ 10.400.00
ofthe above
NoteintoSharesofCommon Stock ofSimulated EnvironmentalConcepts,Inc.(SM EV)(Company)

accordingtothe conditionssetforth in such note,asofthedatewritten below.
lf Shares are to be issued in thename ofaperson otherthan the undersigned,the
undersigned willpay alltransferand othertaxesand chargespayablewith respectthereto.
DateofConversion
M arch 28.20l1
Applicableconversionprice $0.0008= 13.000.000 Shares

Signature
SamuelEisenberg
h
Officer
(Print ameofHolderandTtleofSignerl
Address:Tripod Grouo.LLC 250 E.W isconsin Ave Suite 1800 M ilwaukee.W l53202
SSN orElN :
Sharesare toberegistered inthefollowing name:
Name
Tripod G roup.LLC
Address:
Tel;
SSN orElN :
Sharesaretobesentordelivered to thefollowing account:
AccountName:Tripod GroupsLLC
A dd
C/o LeMend Securities 45 Broadway32ndFloor NYC l0006
ress:
Tel:888-864-8899
Fax:
Atln:M r.Ken Tucker,David Leiner
EXHIBIT ''0''Page 34 of 114

M arch 22,2011
UNANIMOUSCONSENTIN LIEU OFA SPECIALM EETING OFDIREW ORS OF

The undersigned, being alI of the directors of SIM ULATED ENVIRONM ENT CONCEPTS, INC-, a
corporation ofthe State ofFlorida,(the ''Corporationv),do hereby authorize and approve the actions
set forth in the follow ing resolutions without the form ally of convening a m eeting, and do hereby
consent to the follow ing actions ofthis Corporation,w hich actions are hereby deem ed affective as of
the date hereof:
RESOLVED:thatthe officersofthisCorporationare authorizedand directedto issue32,000,000 (thirtytwo million)sharesofCom mon Stockto the Tripod Group,LLC forconversion ofnotesdated January
21,2010.
FURTHER RESOLVED,that each ofthe officers ofthe Corporation be,and they hereby are authorized
alIotheraction as they orany ofthem m ay deem necessary orappropriate ofthe purpose of carrying
authority ofsuch officers to execute and deliverany such docum ents,instrum ents and papers and to
take any such otheraction shallbe conclusively evidenced by their execution and delivery thereofor
theirtaking thereof.
The undersigned,by affixing theirsignatures hereto,do hereby consentto,authorize and approve the
CONCEPTS,INC.
:
Ilya ' a ,Se etary
EXHIBIT ''0 '1Page 35 of114
(TA)
EX H IBIT I
C O N VER SION N O TIC E
(TobeExecutedbytheRegistered HolderinordertoConverttheDebenture)
Sixteen Thousand and 00/100 D ollar Conversion
Theundersignedherebyelectstoconvert$ 16.000.00
ofthe above
DebentureNoA-3 intoSharesofCommon StockofSimulated EnvironmentalConcepts,Inc.(SM EVI

(Company)accordingtotheconditionssetforthinsuehDebenture,asofthedatewrittenbelow.
If Shares are to be issued in thename ofaperson otherthan the undersigned,the
undersigned willpay alltransferand othertaxesand chargespayablewith respectthereto.
DateofConversion
M arch 22.201l

Signature
SamuelEisenberz
h
Oft
icer
Eprint ameofHolderandTitleofSignerl
A ddress:Tripod G roup.LLC 250 E.W isconsin Ave Suite l800 M ilwaukeesW l53202
SSN orElN :
Sharesareto beregistered inthefollowing name:
N am e
Tripod G roup.LLC
Address:
Tel:
SSN OrElN :
Sharesareto be sentordelivered tothefollowing account:
AccountName:Tripod Group.LLC
Address:Clo Bishop Rosen& Company 100Broadway # 16 New York,NY 10005

-
Te1:212-602-0654
Attn:M r.Dannv Freedman
D EBEN TURE
TH E SECU RITIES OFFERED H EREBY H AV E N OT

BEEN A ND W ILL NO T BE REG ISTERED W ITH
TH E UN ITED STATES SECUR ITIES A ND
EX CH AN G E CO M M ISSIO N OR TH E SECURITIES
CO M M ISSIO N O F ANY STATE PUR SUA NT TO AN
EXEM PTIO N FRO M REG ISTM TIO N PRO VIDED
BY SECTION 3(b)OF THE SECURITIES ACT OF

1933y A S A M END ED U A ND TH E RU LES AN D
REG ULA TIO NS PR O M ULGA TED TH EREUND ER
(THE 9'1933 ACT'')u AND R ULE 504 O F
REG ULATION D PR O M U LGA TED TH EREUND ER
.
AND SECTION 551.202(13(am)OF THE W ISCONSIN

UN IFO R M SECURITIES LA W .
TH E SECURITIES O FFERED H EREBY AR E
OFFERED PU RSU ANT TO AN EXEM PTIO N FO R
O FFER IN GS TO A CCREDITED IN VESTO R S O NLY
UND ER TH E RU LES OF TH E W ISCO N SIN
DEP
ARTMENT OF FINANCIAL
INSTITUTIONY
SEC URITIES DIV ISIO N.
TH E W ISCO NSIN
D EPA RTM EN T O F FIN AN CIA L INSTITUTIO N Y
SECUR ITIES
DIV ISIO N,
HAS
N EITH ER
REVIEW ED NO R APPR OV ED ITS FO RM OR
C ON TENT.
TH E SECURITIES DESCRIBED
H EREIN M AY ON LY BE PUR CH A SED BY
''ACCR ED ITED IN VESTO RS'' A S DEFIN ED BY
R ULE 504 OF SEC REGU LA TIO N D AND TH E
R ULES OF THE W ISC ON SIN D EPAR TM ENT OF
FINA NCIAL
INSTITU TIO N S,
SECU RITIE S
DIVISION .
-
SeriesA-3
US $20,000.00
SIM ULATED EN V IRONM EN TA L CON CEPTS,INC ..
8% CONV ERTIBLE REDEEM A BLE D EBEN TURE

DUE JAN UA RY 2l,2012
THIS DEBENTURE ofSimulated EnvironmentalConcepts,Inc.(''Companv''),

designated as its 8% Convertible RedeemableD ebenture DueJanuary 21,2012.
FOR VALU E RECEIVED ,the Company prom ises to pay to the order of The
Tripod Group,LLC anditsauthorized successorsand permitted assigns(''Ho1der''),theaggregate

principalfaceamountoftwentythousanddollars(U.S.$20,000)onJanuary2l,2012(''Mattlritv
Date'')and topay intereston theprincipalamountoutstanding hereunderattherateof8% per
annum com m encing day of funding. Interest willbe paid to the H older in whose nam e this
Debenture isregistered on the recordsoftheCom pany regarding registration and transfersofthis
Debenture('DebentureRegister''). Theprincipalof,and intereston,thisDebenturearepayable

at250 E.W isconsin A venue,M ilwaukee,W 153202 initially,and ifchanged,lastappearing on the
D ebenture Register ofthe Com pany as designated in writing by the H older hcreoffrom tim e to
tim e. The Com pany w illpay each interestpaym entand the outstanding principaldue upon this
D ebenture before or on the M aturity D ate,less any am ounts required by law to be deducted or
w ithheld,to the HolderofthisD ebentureby check orw iretransferaddressed to such H olderatthe
lastaddressappearing on the Debenture Register. The fonvarding ofsuch check orw ire transfer
shallconstim te a paym entofoutstanding principalhereunder and shallsatisfy and discharge the
liability forprincipalon thisD ebentureto the extentofthe sum represented by such check orw ire
transfer. lnterestshallbepayablein CommonStock (asdefinedbelow)pursuanttoparagraph

4(b)herein.
ThisDebentureissubjecttothefollowingadditionalprovisions'
.
1.
This D ebenture is issuable or assignable to a Holder in denom inations of
onethousanddollars(USS1,000)andintegralmultiplesthereof. ThisDebentureisexchangeable
for an equalaggregate principalam ountofD ebentures ofdifferentauthorized denom inations,as
requested by the Holders surrendering the sam e. No service charge w ill be m ade for such
registration or transfer or exchange,exceptthatH older shallpay any tax or other governm ental
chargespayable in connection therew ith.
2.
The Com pany shallbe entitled to withhold from al1paym entsany am ounts
required to be withheld underapplicable law s.
3.
This Debenture m ay be transferred orexchanged only in com pliance with
theSecuritiesActof1933,asamended(''Act'')andapplicablestatesecuritieslawsandonlytoan
accredited investorw ho residesin W iseonsin. Any attempted transferto a non-qualifying party
shallbe treated by the Com pany asvoid. Priorto duepresentm entfortransferofthisDebenture,
the Com pany and any agentofthe Company m ay treattheperson in whosenam ethisD ebentureis
duly registered on the Com pany'sD ebenture Registeras the ownerhereoffora1lotherpurposes,
whetherornotthis D ebenture be overdue,and neitherthe Company norany such agentshallbe
affected orbound by noticeto thecontrary. A ny HolderofthisD ebenture electingto exercisethe
rightofconversion setforth in Section 4(a)hereof,in addition to the requirements setforth in

Section 4(a),and any prospective transferee ofthis Debenture,are also required to give the
CompanywrittenconfirmationthatthisDebentureisbeingconverted(''NoticeofConversion'')in
theform annexedheretoasExhibitA.Thedateofreceipt(includingreceiptbyfacsimileorother
meansofelectronicdelivery)ofsuchNoticeofConversionshallbetheConversionDate.
4.
(a)
TheHolderofthisDebentureisentitled,atitsoption,atanytime,to
convertall or any am ountofthe principalface am ountof this D ebenture then outstanding into
sharesoftheCompany'scommonstock (the''Common Stock'')withoutrestrictivelegendofany

nattzre,ataconversion price(''conversionPrice''
)foreach shareofCommon Stockequalto 60%
of the low estclosing bid price ofthe Com m on Stock as reported by Pink O TC M arkets,lnc.on
w hich the Com pany'sCom m on Stock is quoted orany exchangeupon w hich the Comm on Stock
maybetradedinthefuture(''Exchaneef')for(i)anyofthethreetradingdayspriortothedayupon
which aN otice ofConversion isreceived by the Company,provided suchN oticeofConversion is
delivered by fax to the Com pany betw een the hours of 4 P.M .Eastern Standard or Daylight
SavingsTimeand8P.M .Eastern StandardorDaylightSavingsTimc,or(ii)thetradingdayon
which a N otice ofConversion isreceived by theCom pany provided such N otice ofConversion is
delivered by fax to the Com pany betw een the hours of 4 P.M .Eastern Standard or D aylight
Savings Tim e and 8 P.M .Eastern Standard orD aylightSavingsTim e. Such conversion shallbe
effectuated by the Com pany deliveling the shares of Com m on Stock to the Holder within 3
business days of receipt by the Com pany of the N otice of Conversion. Once the Holder has
received such shares of Com m on Stock, the Holder shall surrender this Debenture to the
Com pany,executed by theH olderevidencing such Holder'sintention to convertthisD ebentureor
a specified portion hereof,and accom panied by properassignm enthereofin blank. Accnled but
unpaidinterestshallbesubjecttoconversion. Nofractionalsharesorscriprepresentingfractions
ofsharesw illbe issued on conversion,butthenum berofshares issuable shallbe rounded to the
nearestwhole share.
(b) lntereston anyunpaidprincipalbalanceofthisDebenturcshallbcpaidat

therateof8% perannum. lnterestshallbepaidby theCompany in CommonStock (''lnterest
Shares''). The Holdermay,atany time,send in aNotice ofConversion to the Company for
Interest Shares based on the fonnula provided in Section 4(a) above. The dollaramount
converted into Interest Shares shallbe allor a portion ofthe accrued interestcalculated on the
unpaid principalbalance ofthis D ebenture to the date ofsuch notice. Any shares ofCom m on
Stock issued upon conversion shallbe issued underthe exem ption from registration provided by
Rule 504 of Regulation D and the W isconsin Unifonu Securities Law and the rules and
regulationsthereunder.
(c)
AtanytimetheCompanyshallhavetheoption toredeem thisDebenture
and pay to the Holder 150% of the unpaid principal am ount of this D ebenture, in full.The
Com pany shallgive theH older5 dayswritten noticeand the Holderduring such 5 daysshallhave
the option to convertthis D ebenture or any partthereof into shares of Com m on Stock at the
ConversionPricesetforth in paragraph 4(a)ofthisDebenture.
(d) Upon(i)atransferofallorsubstantiallyallofthe assetsofthe Com pany to

anyperson in asingletransaction orseriesofrelatedtransactions,(ii)areclassification,capital
reorganizationorotherchangeorexchangeofoutstandingsharesoftheCommon Stock,or(iii)
any consolidation or m erger ofthe Com pany w ith or into anotherperson or entity in which the
Company isnotthesurvivingentity (otherthanamergerwhich iseffected solelytochangethe

jurisdiction ofincorporation ofthe Company and results in a reclassification,conversion or
exchangeofoutstandingsharesofCommon Stock solelyintosharesofCommonStock)(eachof
items(i),(ii)and(iii)beingreferredtoasa''SaleEvent''
),then,in each case,theCompanyshall,
upon requestofthe H older,redeem thisDebenture in cash for 150% ofthe principalam ount,plus
accrued butunpaid interestthrough the date ofredemption,oratthe election ofthe Holder,such
EXH IBIT ''0''Page 39 of 114
Holdermay converttheunpaid principalamountofthisDebenmre(togetherwith theamountof

accrued butunpaidinterest)into sharesofCommon Stock immediatelypriortosuch SaleEventat
the Conversion Price,
(e)
ln caseofany SaleEventinconnectionwithwhichthisD ebenturc is not
redeem ed orconverted,the Com pany shallcauseeffective provision to be m adeso thattheHolder

ofthis Debenture shallhave the right thereafter,by converting this Debenture,to purchase or
convertthisD ebenture into the kind and numberofshares ofstock orothersecuritiesorproperty
(including cash)receivableupon such reclassification,capitalreorganization orotherchange,

consolidation or m ergerby a holderofthe number ofshares of Com m on Stock thatcould have
been purchased upon exercise ofthe Debenturesand atthe sam e Conversion Price,asdefined in
this Debenture,im m ediately prior to such Sale Event.The foregoing provisions shallsim ilarly
apply to successive Sale Events.lfthe consideration received by the holdersofComm on Stock is
otherthan cash,the value shallbe as determ ined by the Board of Directors of the Company or
successorperson orentity acting in good faith.
5.
N o provision ofthis D ebenture shallalter or im pair the obligation ofthe
Com pany,w hich is absolute and unconditional, to pay the principal of, and interest on,this
Debent-ure atthe tim e,place,and rate,and in the fonn,herein prescribed.
6.
The Com pany hereby expressly w aives dem and and presentm ent for
paym ent, notice of non-paym ent, protest, notice of protest, notice of dishonor, notice of
acceleration orintentto accelerate,and diligence in taking any action to collectam ountscalled for
hereunderand shallbe directly and prim arily liable for the paym entofallsum s ow ing and to be
owing hereto.
7.
TheCompanyandtheofficersoftheCompany,jointlyandseverally,agree
to pay allcosts and expenses,including reasonable attorneys'fees and expenscs,which m ay be

incurred by theH olderin collecting any am ountdue underthisD ebenture.
lfone orm ore ofthe follow ing described ''EventsofD efault''shalloccur:
(a)
The Company shalldefaultin thepaymentofprincipalorintereston this
D ebenture or any otherdebenture issued pursuantto the Sale A greem entbetw een Holderand the
Com pany'
,or
(b)
AnyoftherepresentationsorwarrantiesmadebytheCompany herein,in
the Sale A greem ent,or in any certificate or financialor other w ritten statem ents heretofore or
hereafterfum ished by oron behalfoftheCom pany in connection w ith the execution and delivery
ofthisD ebentureorthe Sale Agreem entshallbe falseorm isleading in any respect;or
(c)
TheCompanyshallfailtoperfonuorobserve,inanyrespect,anycovenant,
term ,provision,condition,agreem entor obligation ofthe Com pany underthisD ebenture orthe
Sale Agreem ent,including w ithoutlim itation,Section 8 ofsaid A greem ent'
,or
(d) TheCompanyshall(l)becomeinsolvent;(2)admitinwritingitsinability
topayitsdebtsgenerallyasthey mattzre;(3)makeanassignmentforthebenefitofcreditorsor
commenceproceedingsforitsdissolution'
,(4)applyfororconsenttotheappointmentofatrustee,
liquidatororreceiverforitsorforasubstantialpartofitspropertyorbusiness;(5)fileapetitionfor
banknzptcy relief,consentto the filing of such petition or have filed against itan involuntary
petition forbankruptcy relief,al1underfederalorstate laws asapplicable'
,or
(e)
A trustee,liquidatororreceivershallbeappointedfortheCompanyorfora
substantialpal4 ofitsproperty orbusinessw ithoutitsconsentand shallnotbe discharged w ithin
thirty(30)daysaftersuchappointment'
,or
(9
Any governmentalagency orany courtofcompetentjurisdiction atthe
instance of any governm ental agcncy shall assum e custody or control of the whole or any
substantialportion ofthe propertiesorassetsoftheCom pany'
,or
(g) Oneormoremoneyjudgments,writsorwarrantsofattachment,orsimilar
process,in excessoften thousand dollars($10,000)in theaggregate,shallbe entered orfiled
againstthe Company or any ofitsproperties orother assets and shallrem ain unpaid,unvacated,
unbondedorunstayedforaperiodoffifteen(15)daysorinanyeventlaterthanfive(5)daysprior
to the date ofany proposed sale thereundcr;or
(h)
Bankruptcy,reorganization,insolvencyorliquidationproceedings,orother
proceedings for relief under any banknlptcy law or any law for the relief of debtors shallbe
instituted voluntarily by orinvoluntarily againstthe Com pany;or
(i)
TheCompanyshallhaveitsCommonStock delistedfrom anExchangeor,
(j)
IfamajorityofthemembersoftheBoardofDirectorsoftheCompanyon
if the Com m on Stock trades on an Exchange, then trading in the Com m on Stock shall be
suspended form ore than 10 consecutivedays;
the date hereofareno longerserving asm em bersoftheBoard;or
()
TheCompany shallnotdelivertotheHoldertheCommonStockpursuant
to paragraph 4 herein withoutrestrictivelegend w ithin 2 businessdaysofitsreceiptofaN otice of

Conversion.
Then,oratany tim ethereafter,unlesscuredsand in each and every such case,unlesssuch Eventof
D efaultshallhave been w aived inwritingbytheHolder(whichwaivershallnotbedeemedtobea
waiverofany subsequentdefault)attheoption oftheHolderand in the Holder'ssolediscretion,

the Holder m ay consider this Debenture im m ediately due and payable,w ithout presentm ent,
demand,protestor(further)noticeofanykind(otherthannoticeofacceleration),a1lofwhichare
hereby expressly w aived,anything herein or in any note or other instrum ents contained to the
contrary notwithstanding,andtheHoldermay imm ediately,andwithoutexpiration ofany period
ofgrace,enforce any and al1oftheHolder'srightsand rem ediesprovided herein orany otherrights
or rem edies afforded by law . Upon an Eventof D efault,interest shallbe accrue at a default
EXH IBIT ''0 ''Page 41 of 114
interestrateof24% perannum or,ifsuch rate isusuriousornotperm itted by currentlaw ,then at

the highestrate ofinterestperm itted by law .
lftheH oldershallcom m ence an action orproceeding to enforceany provisionsofthisD ebenture,

including w ithout lim itation engaging an attom ey,then the Holder shallbe reim bursed by the
Com pany for its attorneys' fees and other costs and expenses incurred in the investigation,
preparation and prosecution of such action orproceeding.The principalexecutive officersofthe
Com pany shallbe personally responsible forallsuch feesand expenses.
9.
ln case any provision ofthis Debenttlre is held by a courtof com petent
jurisdictiontobeexcessiveinscopeorotherwiseinvalidorunenforceablc,suchprovisionshallbe
adjustedratherthanvoided,ifpossible,sothatitisenforceabletothemaximum extentpossible,
and the validity and enforceability ofthe rem aining provisions ofthis D ebenttzre w illnotin any
w ay be affected orim paired thereby.
10. N either this D ebenttzre nor any term hereof m ay be am ended, w aived,
discharged or tenuinated other than by a w ritten instrum ent signed by the Com pany and the
Holder.
ll. ThisD ebenture shallbe govem ed by and construed in accordance w ith the
law s ofW isconsin applicable to contracts m ade and wholly to be perform ed w ithin the State of
W isconsin and shallbebinding upon the successorsand assignsofeach party hereto. The Holder
and theCompanyherebymutually waivetrialbyjuryand consenttoexclusivejurisdiction and

venue in the courtsofthe State ofW isconsin. ThisA greem entm ay be executed in counterparts,
and the facsim ile transm ission ofan executed counterpartto thisA greem entshallbe effective as
an original.
l2.
A 1l notice and other comm unications under this Debenture shallbe in
writingandshallbedeemedgivenwhen(a)deliveredbyhand,(b)transmittedbyfacsimile(and
confirmedbyreturnfacsimile),or(c)delivered,ifsentbyExpressMail,FederalExpressorother
nationally recognized overnight delivery service or registered or certified m ail, return reccipt
requested,totheaddresseeattheaddressesorfacsimilenumberssetforthhereinbelow (ortosuch
other addresses,or facsim ile num ber as a party m ay specify by notice given to the other party
pursuanttothisprovision). Rejectionorotherrefusaltoacceptortheinabilitytodeliverbecause
of changed address of w hich no notice was given shallbe deem ed to be receipt of the notice,
demandorrequcstsent. Bygivingatleastten(10)days'writtennoticehereof,anypartyhereto
shallhavetherightfrom tim eto change itsrespectiveaddress,and shallhavetherightto specify as
its address any otheraddressw ithin the United StatesofA m erica. The additionaladdressesfor
delivery ofnoticesto the respectivepartiesisasfollow s:
lfto theCom pany,to:
Sim ulated Environm entalConcepts,lnc.

c/o A llen Licht,M anaging D irector
20229 NE 15tllCt
M iam i,FL 33179
Phone:305-651-9200
Fax:305-651-6505
allell.lielxtq/sspacapsul.cqnA
lfto the H older,to:

Tripod G roup,LLC
250 E W isconsin Ave Suite 1800
M ilwaukee,W l53202
A ttn:Sam uelEisenberg
14. This Debenttzre shallbe governed by and conshred in accordance

w ith the law s of W isconsin applicable to contracts made and wholly to be
perfonued within the State ofW isconsin and shallbe binding upon the successors
and assigns ofeach party hereto. The H older and the Com pany hereby m utually
waivetrialbyjuryandconsenttoexclusivejurisdictionandvenueinthecourtsof
the State of W isconsin. Atthe Holder's election,any dispute betw een the parties
m ay bearbitrated ratherthan litigated in thecourts,beforetheA m erican A rbitration
A ssociation in M ilwaukee,W isconsin and pursuant to its nlles. Upon dem and
m ade by the Holder to the Company, the Company agrees to subm it to and
participate in such arbitration. ThisA greem entm ay be executed in counterparts,
and the facsimiletransm ission ofan executed countem artto thisA greem entshallbe
effective asan original.
(REMAINDER OFPAGE INTENTIONALLYLEFTBLANK)
IN W ITNESS W H EREOF,the Com pany has caused this D ebenture to be duly

executed by an officerthereunto duly authorized.
D
ated: January 21, 2010
SIM U LATED EN VIRONM EN TAL CONCEPTS,W C..
By: '
J..
m
Nam e: E la Frenkel
Title: president
EXH IBIT A
N OTICE OF CONV ERSION
(TobeExecutedbytheRegisteredHolderinordertoConverttheDebenture)
Theundersignedherebyirrevocablyelectstoconvert$
ofthe
above Debenture N o.A - 3 into Shares of Com m on Stock of Sim ulated Environm ental
Concepts,Inc,(SMEV)(tshares'')accordingtotheconditionssetforthinsuchDebenture,
asofthe datew ritten below .
lf Shares are to be issued in the nam e of a person other than the
undersigned,the undersigned w illpay al1transferand othcrtaxesand chargespayablew ith
respectthereto.
Date ofConversion:
Applicable Conversion Price:
Signature:
gprintNameofHolderand TitleofSignerj
A ddress:
SSN orEm :
Sharesareto be registered in the follow ing nam e:
Address:
Tel:
Fax:
SSN orE1N :
Sharesare to be sentordelivered to the follow ing account:

AccountN am e:
Address'
.
EX HIBIT ''0 ''Page 45 of114

February 8,2011 re;Asher- 10,000,000
Docum ent No.:110208-01
RESOLUTION and CERTIFI

CATION 0FBOARD OF DIREG ORS

W e,being aIIofthe duly elected m em bersofthe Board ofDirectors ofSIM ULATED ENVIRONM ENT
CONCEPTS,INC.,acorporationorganized underthe IawsoftheStateofFlorida (the''Com panyv),do

hereby certify thata m eeting ofthe Board ofDirectorsheld on the date stated above,atwhich said
throughout,the following resolution,upon m otions m ade,seconded and carried,wasduly adopted,
above:
CERTIFICATIO N: the Board ofDirectorsduly adopted avalid Resolution authorizing issuance ofshares
asindicated on attached docum ent.
The shares are to be free-trading com m on stock. These sharesare being issued in accordance with a
The TransferAgentis instructed to seek,ifnecessary,an opinion letterissued by an attorney

W e requestthatstock be issued as paym entasindicated on individualdocumentand disbursed in the
am ountsand the nam esindicated on the attached NoticesofConversion.
Accordingly,please issue certificates representing the sharesand deliverthem to addressspecified on
the conversion notice.
Executed on the date firstmentioned above by:
Ilya
' , ec tary
EXH IBIT A
NO TICE OF CO N VERSIO N
(To beExecuted by theRegistered Holder

inordcrto ConverttheNotes)
The tmdersigned hereby irrevocably electsto convert$ IVt'-7?'

) principal
.
amountoftlw Note (defined below)into sharesofcommon stock,parv ue $.001 pershare
('lcommon stock''),of Simulated Environment Concepts,lnc.,a Florida corporation (the
tBorrower'')according to the conditionsofthe convertible Notesofthe Borrowerdated as of
February 20th, 2008(the .Notes''),asofthedate written below. Ifsecuritiesareto be issued in
the nam e of a person other th% the undersigned, the undersigned w ill pay a11 transfer taxes
payable w ith respectthereto and is delivering herewith such certificates. N o fee willbe charged
to the Holder for any conversion, except for transfer taxes,if any. A copy of each Note is
attachedhereto(orevidenceofloss,theftordestructionthereog.
The undersigned hereby requests that the Borrower issue a certificate or
certiticatesforthenumberofsharesofCommon Stock setforth below (which numbersarebased

ontheHolder'scalculation attached hereto)in thenamets)specifed immediately below or,if
additionalspace isnecessary,on an attachmenthereto:
Nam e:
Address.
f.'
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The tm dersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable to the tmdersigned upon conversion ofthe N otes shallbe
madepursuantto registration ofthesecuritiesundertheSecmitiesActof1933,asnmended (the
W ct''),orpursuanttoanexemptionfrom regislrationtmdertheAct.
'
D
ateofConversion: r/ y/tQ ,
/
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A pplicable Conversion Price: f'
flf;
NumberofSharesofCommonStocktobefssuedPursllnntto
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The Borrower shallissue and delivtr shares ofConunon Stock to an ovem ightcouriernotlater
thanthreebusinessdaysfollowingreceiptoftheoriginalNotets)tobeconverted,andshallmake
oavmentspursuantto the Notes forthe numberofbusinessdayssuch issuange and delivery is
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February 3, 2011
Docum entNo.;110203-01
UNANIM OUSCONSENT IN LIEU OFA SPECIALM EETING OFDIREG ORS OF

The undersigned, being aII of the directors of SIM ULATED ENVIRONM ENT CO NCEPTS, lNC., a
corporation ofthe State ofFlorida,(the ''Corporationv),do hereby authorizeand approve the actions
set forth in the following resolutions without the form ally of convening a m eeting,and do hereby
consentto the follow ing actions ofthis Corporation,w hich actions are hereby deem ed affective as of
the date hereof:
RESOLVED: that the officers of this Corporation are authorized and directed to issue 20,000,000
(twenty million)sharesofCommon Stock to tbe Tripod Group,LLC forconversion ofnotesdated

August3,2009.
FURTHER RESOLVED,that each ofthe officers ofthe Corporation be,and they hereby are authorized
aIIotheraction asthey orany ofthem m ay deem necessary orappropriate ofthe purpose ofcarrying
authority ofsuch officers to execute and deliverany such docum ents,instrum ents and papers and to
take any such otheraction shallbe conclusively evidenced by theirexecution and delivery thereofor
theirtakingthereof.
foregoing actions in their capacity as a majority of the direction of SIMULATED ENVIRONM ENT
CONCEPTS,INC.
Executed on the date firstmentioned above by:
llya
' a ,Se etary
(TA)
EX H IBIT I
C O NV ER SIO N N O TIC E
(To beExecuted bytheRegistered HolderinordertoConverttheDebenture)
Eleven Thousand and 00/100 D ollarC onversion

Theundersigned hereby electsto convert$ 10.000.00
ofthe above
DebentureNoA-2into SharesofCommon StockofSimulated EnvironmentalConcepts,Inc.(SMEVI

(Company)accordingtotheconditionssetforthinsuchDebenture,asofthedatewrittenbelow.
If Shares are to be issued in thename ofa person otherthanthe undersigned,the
undersigned willpay alltransferand othertaxesand chargespayable with respectthereto.
DateofConversion
February 03.2010
Applicableconversion price
$0.0005 = 20.000.000 Shares
Signature
SamuelEisenberz
N
Officer
(Print ameofHolderandTitleofSigner)
Address:Tripod Group.LLC 250 E.W isconsin Ave Suite l800 M ilwaukee.W l53202
SSN orElN :
Sharesareto beregistered in thefollowing name:
Name
Tripod G roup.LLC
Address:
Tel:
SSN orEIN :
Sharesareto be sentordeliveredto thefollowing account:
Address:C/o Bishop Rosen & Company l00 Broadway # 16 New York.NY 10005
Tel:212-602-0654
Fax:
Attn:M r.Danny Freedm an
DEBENTURE
TH E SECU RITIES OFFERED HER EBY H AV E NO T

BEEN AND W ILL N O T BE REG ISTER ED W ITH
TH E UN ITED
STATES SEC URITIES AND
EXCH AN G E CO M M ISSION OR TH E SEC URITIES
CO M M ISSIO N O F ANY STA TE PUR SUA NT TO AN
EXEM PTIO N FRO M REG ISTM TION PR OVIDED
BY SECTION 3(b) OF THE SECURITIES ACT OF

1933: AS A M EN DED , AND TH E RU LES A ND
REGU LA TIO NS PR OM ULGA TED TH EREUNDER
(THE ,'1933 ACT'')y AND RU LE 504 OF
REGU LA TIO N D PR OM U LGATED TH EREUNDER
.
AND SECTION 551.23(8)(g) OF THE W ISCONSIN

UN IFO M SECU RITIES LAW .
TH E SECUR ITIES O FFERED H EREBY ARE
O FFERED PU RSUA NT TO AN EX EM PTION FO R
OFFERIN G S TO ACC RED ITED IN VESTOR S ONLY
UND ER TH E RULES O F TH E W ISCO N SIN
D EPARTM EN T O F FIN AN CIA L IN STITU TIO NS,
SECUR ITIES D IVISIO N.
TH E W ISCO NSIN
DEPAR TM ENT OF FINAN CIA L IN STITUTION S,
SECUR ITIES
DIV ISIO Ng
HA S
NEITHER
REVIEW ED N OR APPR OV ED lTS FO R M O R
C ON TENT.
TH E SE CURITIES DESCR IBED
H EREIN M AY O NLY BE PU RCH A SED BY
''ACCR ED ITED INVESTO RS'' A S D EFINED BY
R ULE 504 O F SEC REG ULATIO N D AND TH E
RULES O F THE W ISCO N SIN DEPAR TM ENT O F
FINANC IAL
IN STITUTIO N S,
SECU RITIES
DIV ISIO N .
Series A-2
US $10,000
SIM U LA TED EN VIRO NM ENTAL CO NC EPTS,INC .
8% COW ERTIBLE REDEEM ABLE D EBEN TURE

DUE August03,2011
THIS DEBENTURE of Sim ulated Environm ental Concepts, lnc.
(''Company''),designated as its Series A 8% Convertible Redeemable Debenture Due

A ugust03,2011,
FOR VA LUE RECEIVED,the Com pany prom ises to pay to The Tripod
Group, LLC and its authorized successors and permitted assigns (''Ho1der''), the
aggregateprincipalfaceamountofTen thousand dollars(U.S.$10,000)on August03,
2011(''
M aturityDate'')andtopayinterestontheprincipalamountoutstandinghereunder
atthe rate of8% peralmum com m encing on August03,2009. lnterestwillbe paid to the
H older in whose nam e this Debenture is registered on the records of the Company
regarding registration and transfersofthisDebenture(''DebentureRegister''l;provided,

however,that the Com pany's obligation to a transferee of this Debenture arises only if
such transfer, sale or other disposition is m ade in accordance w ith the term s and
conditions ofthe Securities Sale Agreem ent dated as ofFebruary 20,2008 betw een the
Company and theHolder(''Sale Agreement'd). Theprincipalotland intereston,this

Debenture are payable at 250 E. W isconsin Ave., Suite l800, M ilwaukee, W l 53202
initially,and if changed, last appearing on the D ebenture Register of the Company as
designated in writing by the Holderhereoffrom tim e to tim e. The Company w illpay the
outstanding principaldue upon this D ebenture before or on the M aturity Date,less any
am ountsrequired by law to be deducted or withheld,to the HolderofthisD ebenttlre by
check ifpaid m ore than 10 dayspriorto the M aturity Date or,ifpaid 10 days or lcssprior
to the M aturity D ate,by wire transfer and addressed to such H older at the lastaddress
appearing on the Debenture Register. The forwarding ofsuch check orw ire transfershall
constitute a paym entof outstanding principalhereunder and shallsatisfy and discharge
the liability forprincipalon this Debenture to the extentofthe sum represented by such
check Orwiretransfer. Interestshallbepayable in Common Stock (asdefined below)

pursuanttoparagraph4(b)herein.
ThisDebentureissubjecttothefollowingadditionalprovisions:
l.
This Debenture is issuable or assignable to a Holder in
denominationsofFiveThousandDollars(US$5,000)and integralmultiplesthereof This

Debenture is exchangeable for an equal aggregate principal am ount of D ebentures of
different authorized denom inaticm s,as requested by the H olders surrendering the sam e,
butnotlessthan U.S.$5,000. No service charge willbe made forsuch registration or

transferor exchange,exceptthatHoldershallpay any tax orothergovernm entalcharges
payable in connection therew ith.
2.
The Com pany shallbe entitled to withhold from a11paymentsany
amountsrequired to be w ithheld underapplicable laws.
3.
This Debenture m ay be transferred or exchanged only in
compliance with the Securities Actof 1933,asamended (''Act'')and applicable state
securities law s and only to an Accredited Investor who resides in W isconsin. Any
attempted transfer to a non-qualifying party shallbe treated by the Com pany as void.
Priorto duepresentm entfortransferofthis Debenture,the Company and any agentofthe
EX H IB IT '.0 ''Page 51 of 114
Company m ay treat the person in whose nam e this D ebenture is duly registered on the
Company's Debenture Register asthe ownerhereofforallotherpurposes,whether ornot
thisD ebenturebe overdue,and neither the Com pany norany such agentshallbe affected
orbound by notice to the contraly A ny H olderofthisD ebenture electing to exercisethe
rightofconversion setforth in Section 4(a)hereo: in addition to therequirementsset

fol'
th in Section4(a),and anyprospectivetransfereeofthisDebenture,arealsorequired
to give the Company written conflrm ation that This Debenture is being converted
('W otice ofConversion'')in the form almexed hereto asExhibit1.Thedateofreceipt

(including receiptby telecopy)ofsuch NoticeofConversion shallbethe Conversion
Date.
4.
(a)
The HolderofthisDebenture isentitled,atitsoption,at
any time following delivery ofthisDebenture,to converta11orany amountover$500 of

the principal face am ount of this Debenture then outstanding into shares of the
Company's common stock (the ''Common Stock'')withoutrestrictive legend of any

nature,ataconversionprice(''conversionPrice'')foreachshareofCommonStockequal
to 60% ofthe lowestclosing bid price ofthe Com m on Stock as reported on the N ational
Quotations Bureau Pink Sheets on which the Company's shares are traded or any
exchange upon which the Common Stock may be traded in the future (''Exchangef') for
(i)anyofthethreetradingdayspriortotheday upon which aNoticeofConversion is
received by the Com pany,provided such N otice ofConversion is delivered by fax to the
Com pany betw een the hours of4 P.M .Eastern Standard orDaylight SavingsTim e and 7
P.M .Eastern Standard orDaylightSavings Time,or(ii)the trading day on which a

N otice ofConversion isreceived by the Com pany provided such N otice ofConversion is
delivered by fax to the Company betw een the hours of 4 P.M . Eastern Standard or
DaylightSavings Tim e and 8 P.M .Eastern Standard or Daylight Savings Tim e. lfthe
num ber of resultant shares of Com mon Stock w ould as a m atter of1aw Or Pursuant to
regulatory authority require the Company to seek shareholder approvalofsuch issuance,
the Com pany shall,assoon aspracticable,take the necessary steps to seek such approval.
Such conversion shallbe effectuated by the Company delivering the shares ofComm on
Stock to the Holder within 3 business days ofreceiptby the Com pany ofthe N otice of
Conversion. Once the Holder has received such shares ofCom mon Stock,the Holder
shallsurrenderthisDebentures to the Company,executed by the H older evidencing such
H older's intention to convert this Debenture or a specified portion hereof, and
accom panied by proper assignm enthereofin blank. Accnled butunpaid interestshallbe
subjecttoconversion. No gactionalsharesorscrip representing gactionsofshareswill

beissued on conversion,butthe num berofsharesissuable shallbe rounded to the nearest
whole share.
(b)
lnterestonanyunpaidprincipalbalanceofthisDebentureshallbe
paid at the rate of 8% per annum . lnterestshallbe paid by the Company in Com m on
Stock('dlnterestShares'').TheHoldermay,atanytime,send inaNoticeofConversion
totheCompany forlnterestSharesbased onthefonzmlaprovidedinSection4(a)above.
The dollar am ountconverted into lnterestShares shallbe allor a portion ofthe accrued
interest calculated on the unpaid principalbalance ofthis Debenture to the date ofsuch
notice. lnterestShares shallbe issued underthe exem ption 9om registration provided by
Rule 504 ofRegulation D .
(c)
Atany time the Company shallhave the option to redeem this
Debenture and pay to the Holder l50% ofthe unpaid principalam ountofthis Debenture,
in 1 11.The Com pany shallgive the Holder 5 days written notice and the H older duzing
such 5 days shallhavethe option to convertthisD ebenture orany pal'tthereofinto shares
ofCommonStockattheConversionPricesetforthinparagraph4(a)ofthisDebenture.
(d)
orss
ubs
erie
ta
snof
tialr
ly
elaal
teldof
tra
theas
nsacti
sons
ets,of
(iit
)he
a
tyon (i)a transferofallor
Com pany to any person in a single transaction

reclassification,capitalreorganization or other change or exchange ofoutstanding shares
oftheCommon Stock,or(iii)any consolidationormergeroftheCompanywithorinto

anotherperson orentity inwhichtheCompany isnotthe surviving entity (otherthan a
merger which is effected solely to change the jurisdiction of incorporation ofthe
Company and results in a reclassification,conversion or exchangc ofoutstanding shares
ofCommon Stock solely into sharesofCommon Stock)(eachofitems(i),(ii)and (iii)

being referredtoasa''SaleEvent''),then,ineach case,theCompanyshall,uponrequest
of the Holder,redeem this D ebenture in cash for 150% of the principal am ount,plus
accrued but unpaid interest through the date of redem ption, or at the election of the
Holder,such Holdermayconverttheunpaid principalamountofthisDebenture(together

with the amount of accrued but unpaid interest) into shares of Common Stock
im m ediately priorto such Sale Eventatthe Conversion Price.
ln case ofany Sale Eventin connection w ith which thisDebenture
isnotredeemed orconvertcd,the Com pany shallcause effectiveprovision to be m ade so
that the H older of this D ebenture shall have the right thereaer,by converting this
Debenture,to purchase or convertthis Debenture into the kind and num ber ofshares of
(e)
stock or other securities or property (including cash) receivable upon such

reclassification, capital reorganization or other change, consolidation or m erger by a
holder ofthe number ofshares ofComm on Stock that could have been purchased upon
exercise of the D ebentures and at the sam e Conversion Price, as defined in this
Debenture, im m ediately prior to such Sale Event. The foregoing provisions shall
sim ilarly apply to successive Sale Events.lfthe consideration received by the holders of
Comm on Stock is other than cash, the value shall be as determined by the Board of
D irectorsofthe Company or successorperson orentity acting in good faith.
N o provision ofthisD ebenture shallalter orim pairthe obligation
oftheCompany,which isabsoluteandunconditional,to paytheprincipalotland interest

on,thisD ebenture atthetim e,place,and rate,and in the form ,herein prescribed.
6.
The Company hercby expressly w aives dem and and presentm ent
for paym cnt,notice ofnon-paym ent,protest,notice ofprotest,notice ofdishonor,notice
of acceleration or intent to accelerate, and diligence in taking any action to collect
am ountscalled forhereunderand shallbe directly and prim arily liable forthe paym entof
allsum sow ing and to be ow ing hereto.
7.
The Company agrees to pay all costs and expenses, including
reasonable attorneys'feesswhich m ay be incurred by the H older in collecting any am ount
due underthisD ebenture.
8.
lfone orm ore ofthe follow ing described ''Events ofDefault''shall
occurand continue for30 days,unlessa differenttim e gam e isnoted below :
(a)
TheCompany shalldefaultin thepaymentofprincipalorinterest
on thisDebenture orany otherdebenture issued pursuantto the SaleA greement'

,or
(b)
Any ofthe representationsorwarrantiesmadeby the Company
herein,in the Sale Agreem ent,orin any certitk ate orfm ancialorotherwritten statements
heretofore orhereahcr furnished by or on behalfofthe Com pany in connection w ith the
execution and delivery of this Debenture or the Sale Agreem ent shall be false or
m isleading in any m aterialrespect at the time m ade or the Com pany shall violate any
covenantsintheSaleAgreementincludingbutnotlimitedtoSection5(b)or10,
.or
(c)
The Company shallfailto perform or observe,in any material
respect,any other covenant,tenu,provision,condition,agreem ent or obligation ofthe

Com pany under this D ebenture or the Sale A greem ent and such failure shallcontinue
uncuredforaperiodofthkty(30)daysafternoticefrom theHolderofsuchfailure;or
(d) TheCompany shall(1)becomeinsolvent'
,(2)admitin writing its
inabilitytopayitsdebtsgenerallyastheymature;(3)makeanassignmentforthebenefit
ofcreditorsorcommenceproceedingsforitsdissolution'
,(4)apply fororconsenttothe
appointment of a trustee, liquidator or receiver for its or for a substantialpal'
t of its
propertyorbusiness;(5)fileapetitionfor bankruptcyrelietlconsenttothefilingofsuch
petition or have filed against it an involuntary petition for bankruptcy relief,a1lunder
federalorstate law sasapplicable;or
(e)
A trustee, liquidator or receiver shall be appointed for the
Company orfora substantialpartofitsproperty orbusiness withoutits consentand shall
notbedischargedwithinthirty(30)daysaftersuchappointment;or
(9
Anygovernmentalagencyoranycourtofcompetentjurisdictionat
the instance ofany governm entalagency shallassume custody orcontrolofthe w hole or

any substantialportion ofthe propertiesorassetsofthe Com pany'
,or
(g) Oneormoremoneyjudgments,writsorwarrantsofattachment,or
similarprocess,inexcessofOneHundredThousandDollars($100,000)intheaggregate,
shallbe entered orfiled againstthe Company orany ofits properties or other assets and
shallremainunpaid,unvacated,unbondedortmstayedforaperiodoffifteen(15)daysor
inanyeventlaterthanfive(5)dayspriortothedateofanyproposedsalethereunder'
,or
EXH IBIT ''0'1Page 54 of 114
(h)
Bankruptcy,reorganization,insolvency orliquidation proceedings,
or other proceedings for relief under any banknzptcy law or any law for the relief of
debtorsshallbe instituted voluntarily by orinvoluntarily againstthe Com pany;or
(i)
Iflisted,theCompany shallhaveitsCommon Stockdelisted from
U)
TheCompany shallnotdelivertotheHoldertheCommon Stock
an Exchange or, if the Comm on Stock trades on an Exchange, then trading in the
Comm on Stock shallbe suspended form orethan 10 consecutive days;or
pursuantto paragraph 4 herein w ithout restrictive legend w ithin 5 business days of its
receiptofa Notice ofConversion.
Then,oratany tim ethereaer,unlesscured,and in each and CVCrF suchcase,tm lesssuch

tingbytheHolder(whichwaivershallnot
EventofD efaultshallhave been w aived in wri
bedeemed tobeawaiverofany subsequentdefault)attheoptionoftheHolderand in

the H older's sole discretion,the H olderm ay considerthisDebenture im mediately due and
payable,withoutpresentment,demand,protestor(ftzrther)noticeofanykind(otherthan
noticeofacceleration),allofwhich arehereby expresslywaived,anythingherein orin
any note or other instrum ents contained to the contrary notw ithstanding,and the Holder
mayimmediately,andwithoutexpiration ofany period ofgrace,enforceanyand al1of

the Holder'srights and rem ediesprovided herein orany otherrightsorrem edlesafforded
by law . Upon an Event of Default,interestshallbe accrue at a default interestrate of
24% per annum or,if such rate isusurious or notpermitted by current law,then atthe
highestrateofinterestperm itted by law .
9.
ThisDebenture represents aprioritized obligation ofthe Com pany.
However,no recourse shallbe had forthepaymentoftheprincipalollortheintereston,

thisDebenture,orforany claim based hereon,orothelw isein respecthereotlagainstany
incorporator, shareholder, officer or director,as such,past, present or future, of the
Com pany orany successorcorporation,whetherby virtue ofany constitution,statute or
rule of law ,or by the enforcem entof any assessm entor penalty or othenvise,a1l such
liability being,by the acceptance hereofand aspartofthe consideration for the issuance
hereollexpresslywaivedand released.
l0.
In case any provision of this Debenture is held by a court of
competentjurisdiction to be excessive in scope orothenvise invalid orunenforceable,

suchprovision shallbeadjustedratherthanvoided,ifpossible,sothatitisenforceableto
the m axim um extent possible, and the validity and enforceability of the rem aining
provisionsofthisD ebenture w illnotin any way be affected orim paired thereby.
11. This D ebenture and the agreem ents referred to in this Debenture
constitute the fulland entire understanding and agreem entbetween the Com pany and the
Holderwith respectto thesubjectmatterhereof NeitherthisDebenturenorany term
hereof m ay be am ended, waived, discharged or term inated other than by a written

instrum entsigned by the Company and the Holder.
EXH IBIT .'0 ''Page 55 of 114
12. This D ebenture shallbe governed by and construed in accordance

w ith the law s of W isconsin applicable to contracts m ade and wholly to be performed
w ithin the State of W isconsin and shallbe binding upon the successors and assigns of
eachpartyhereto.TheHolderand theCompanyherebymutuallywaivetrialbyjuryand
consenttoexclusivejurisdiction andvenueinthecourtsoftheStateofW isconsin.This
Agreem ent may be executed in counterparts, and the facsim ile transm ission of an
executed counterpartto thisA greem entshallbe effective asan original.
(REm INDER OF PAGE INTENTIONALLYLEFTBIJNK)
IN W ITN ESS W HEREOF,the Company has caused this Debenture to be

duly executed by an ofticerthereunto duly authorized.
Dated:August03
2009
SIM ULATED EN VIRON M ENTAL CON CEPTS,

IN C.
By:
N ame:EllaFrenkel
Title:President
EXH IBIT '.0''Page 57 of 114
EXH IBIT A
N OTICE OF CONV ERSION
(TobeExecutedbytheRegisteredHolderinordertoConverttheDebenture)
The undersigned hereby krevocably elects to convert$
of
the above D ebenttzre N o. A into Shares of Com m on Stock of Simulated
EnvironmcntalConcepts,Inc.(tshares'')according to the conditions setforth in such

D ebenture,asofthe date w ritten below .

undersigned,the undersigned willpay a1ltransfer and other taxes and charges payable
w ith respectthereto.
D ate ofConversion:
Applicable Conversion Price:
Signature:
(PrintNameofHolderand TitleofSignerl
SSN orElN :
Sharesare to beregistered in the follow ing nam e:
Nam e:
Address:
Tel:
Fax:
SSN orEIN :
Sharesare to be sentordelivered to the follow ing account'

.
AccountN am e:
Address:

January 26,2011
UNANIMOUSCONSENT IN LIEU OFA SPECIALM EETING OFDIREW ORSOF

The undersigned, being aII of the directors of SIM ULATED ENVIRONM ENT CONCEPTS, INC-, a
corporationoftheStateofFlorida,(the''Corporationv),do herebyauthorizeand approvethe actions

set forth in the following resolutions w ithout the form ally of convening a m eeting, and do hereby
consentto the follow ing actions ofthis Corporation,which actions are hereby deem ed affective as of
the date hereof:
RESOLVED:thatthe officersofthisCorporation are authorized and directed to issue 10,000,000 (ten

million)shares ofCom mon Stockto the Tripod Group,LLC forconversion ofnotesdated August 20,
2008.
FURTHER RESOLVED,thateach ofthe officers ofthe Corporation be,and they hereby are authorized
and em pow ered to execute and deliversuch docum ents,instruments and papersand to take any and
allotheraction as they orany ofthem m ay deem necessary orappropriate ofthe purpose ofcarrying
outthe intent ofthe foregoing resolutions and the transactions contem plated thereby;and that the
authority ofsuch officersto execute and deliver any such docum ents,instrum ents and papers and to
take any such other action shallbe conclusively evidenced by their execution and delivery thereof or
theirtakingthereof.
CONCEPTS,INC.
Ella Frenket,President
1
Ilya
'a ,Se etary
(TA)
EXH IBIT 1
C O N VER SIO N N O TIC E
(To beExecutedbytheRegistered HolderinordertoConverttheDebenture)
Ten Thousand and 00/100 D ollarConversion
The undersigned hereby electsto convert$ 10.000.00
oftheabove
DebentureNoA-1into SharesofCommon StockofSimulated EnvironmentalConcepts,Inc.(SM EV)

(Company)accordingtotheconditionssetforthinsuchDebenture,asofthedatewrittenbelow.
lf Shares are to be issued in thename ofaperson otherthan the undersigned,the
undersignedwillpayalltransferand othertaxesand chargespayablewith respectthereto.
DateofConversion
January24s20l1

Signature
Sam uelEisenberc
h
Ofticer
(Print ameofHolderandTitleofSignerl
Address:Tripod Group.LLC 250 E.W isconsin Ave Suite l#00 M ilw aukee.W l53202
SSN orElN:
Sharesare toberegistered in thefollowing name:
Name
Tripod Group.LLC
Address:
Tel:
SSN orEIN :
Sharesareto besentordelivered tothefollowing account:
Address:C/o Bishop Rosen & Company 100Broadway # 16 New York.NY 10005
Tel:212-602-0654
Fax:
Attn:M r.Danny Freedman
EX HIBIT '.0 ''Page 60 of 114
N EW
V EN T U K E
ATTO K N EYS
Roseville.CA Office
5SierraGatePlaza,#330
Roseville,CA 95678
,,
OtherO ffices
Reno,NV
SanFrancisco CA
(916)782-1424
(916)782-1474(fax)
www.newventureattornevs.com
January25,20l1
American Registrar& TransferCo.

342 East900 South
SaltLakeCity,UT,84l11
Re:
Rule 144-3(a)(9)ShareissuanceforSimulatedEnvironmentalConceots.Inc.
LadiesandG entlem en:
Theundersigned hasbeen requested to renderthisopinion with respectto the issuance of10,000,000
shares without the restricted securities legend (the $$144 Shares'') of common stock of Simulated
EnvironmentalConcepts,Inc.(theltcompan/')bytheTripodGroup,LLC (1Seller'')pursuanttoRule144of
theSecuritiesActof1933,asamended(the:Act'').
ln connection withthisopinion,theundersigned hasreviewed documentationrelating tothe proposed
issuanceofthel44Shares,includingthefollowingdocuments(i)copiesoftheoriginalpromissorynoteissued
to theTripodGroup,LLC on February 20,2008 ,(ii)a conversionnoticedatedJanuary24,2011and (iii)
boardresolutionsapprovingthisissuance.ln addition,theundersigned hasmadesuch examinationofthefacts
as the undersigned hasdeemed appropriate in the circumstances. The undersigned hasmade no attemptto
independently verify anyinformationprovided byth SellerortheCompany,andreliesonthe Seller'sand the
Company'srepresentationsto pennityoutoremovetherestrictive legend from the l44 Shares.
Theanalysissupporting the removalofthe Iegend isasfoll

ows: Section3(a)(9)oftheSecuritiesAct
of1933,asamended,permitstheexchangeofdebtsecuritiesforthoseofequity securitiesissued by thesame
issuer,providedthatthefourrequirementsofSection3(a)(9)aremet.Thoserequirementsare(i)samel
suerthe securities being exchanged mustbe the same as the issuerofthe new securities,(ii)no additional
consideration from the securitv holder,(iii) offeronlv to securitv holders and (iv) no remuneration for
solicitation. ln the presentcase,allfourcriteria are met. The issuerSimulated EnviromnentalConcepts,lnc.

isthesameissuerforboththedebtsecuritybeingsurrenderedandthecornmon stockbeing issued inexchange.
TheTripodG roup,LLC,theholder,isnotbeing askedto party w ith anything ofvaluebesidestheoutsGnding
securities. Thisexchange offerisa private exchangeofferlimitto certain existing security holdersand there
w asnocomm ission orrem uneration paid inconnection withthis.
Rule 144(d)(iii)allowsthetacking ofsecuritiesreceived in conversionsprovidedthat(i)theidentity

ofthe issueristhe same(tksame issuerrequiremenf')(ii)the securitieshavebeen acquired from the issuer
solelyin exchangeforothersecuritiesofthesameissuer(idcleanexchangerequiremenf'). Underthecurrent
view ofthe Securitiesand Exchange Comm ission,tacking ispermitted as long as the securitiessurrendered
involveinvestm entrisk. lnthiscase,al1theserequirem entsarem et. Thetlsam eissuerrequirement''ism et,as
described above,the clean exchange requirementis metas described above,and the note was assigned in
consideration ofafullrecoursepromissory note,whichmeetstheEinvestmentrisk''requirement.
ln summary,theSellerhmsrepresented to usthatthe l44 Sharesareto be issued on January25,2011

to be held inescrow upon conversion ofindebtednessowedto the Sellerfordebtthatarose on in excessof12
monthsagoforgoodandvalidconsideration,(ii)theCompanyisnotashellcompany''asthatterm isdefined
undertheActand (iii)theSellerhasapresentintentto disposeoftheShares msrequired underRule 144.
Based upon theforegoing andassuming such 144 Sharesaresold in compliancewiththeapplicableprovisions
ofRule 144,the undersigned isofthe opinion thatthattheremovaloftherestrictive legendon the 144 Shares
XE
V EN T U K E
AT TO R-N EYS
,r,
Ro
seville.cAoffice
5sierra Gateplaza,//330
Roseville,c,
x95678
(916'
)782'1
4
142
74
4(fax)
otherofsces
sanfrancisco,c.
Reno xv
www.newventureattornevs.com
in connection with the subsequentsale ofthe 144 Shares by the Seller would be exemptfrom registration
undertheActpursuantto Rule 144 andthelegendmay beremoved.
Please issuethe shareswithoutrestrictive legend and processin accordance with instruction from the
Company.TheCompanywillpay al1costs% sociated withtheissuanceand mailingofthiscertificate.
Thisopinionletter(i)hasbeenfurnishedtoyouatyourrequest,andlconsiderittobeacontidential
communication which may notbe furnished,reproduced,distributed,disclosed to anyone,orquoted from or

referred to withoutmy priorwritten consent,exceptto the registered holder,the registered holder'sbroker,
auditors,counsel,appropriateregulatory and governmentalauthorities,and to satisfy any and al1courtorders,
(ii)isrenderedsolelyforyourinformation andassistanceandmaynotberelied uponbyanyotherperson or

foranyotherpurposenotstipulatedabovewithoutm ypriorconsent.
vo trulyours,
icwt&xracXmvvq5tf.6
stwvtntureAttomks,F.C.
D EBENTURE
TH E SEC URITIES O FFERED H EREBY H AVE N OT

BEEN AND W ILL N O T BE REG ISTER ED W ITH
TH E U NITED
STA TES SECURITIES AN D
EX CH AN G E CO M M ISSIO N OR THE SECURITIES
CO M M ISSIO N O F A NY STA TE PUR SUA NT TO AN
EXEM PTIO N FR O M REG ISTR ATIO N PRO VIDED
BY SECTION 3(b)OF THE SECURITIES ACT OF

1933g AS AM ENDE D , AN D TH E RULES AN D
REG ULATIO NS PR O M ULG ATED TH ER EU NDER
(THE
''1933 ACTf'), AND
RULE
504 OF
REG ULATION D PRO M ULGA TED THEREUN DER
AND SECTION 551.23(8)(g) OF TH E W ISCONSIN

U NIFOM SEC URITIES LAW .
TH E SEC URITIES O FFER ED H ER EBY AR E
O FFERED PU RSUA NT TO A N EX EM PTIO N FO R
O FFERING S TO ACC REDITED INV ESTO RS O NLY
UN DER TH E R ULES O F TH E W ISCO NSIN
DEPAR TM ENT O F FINAN CIAL INSTITU TIO NS,
SECURITIES DIV ISIO N.
TH E W ISCO NSIN
DEPAR TM EN T O F FIN ANC IAL INSTITU TION S,
SEC URITIES
DIVISIO N,
H AS
N EITH ER
R EV IEW ED NO R A PPRO VED 1TS FO RM O R
C ON TEN T.
TH E SECUR ITIES DESCRIBED
H EREIN M AY O NLY BE PU RCH A SED BY
''ACC REDITED INVESTO R S'' A S D EFINED BY
R ULE 504 OF SEC REG ULATIO N D AND TH E
RU LES O F TH E W ISCO N SIN DEPAR TM ENT O F
FINA NCIAL
INSTITUTION S,
SECU RITIES
D IV ISIO N.
SeriesA -1
US $50,000
SIM ULA TED ENVIRO NM ENTAL CO NCEPTS,INC.
8% CON VERTIBLE REDEEM A BLE DEBENTURE
DUE FEBRUA RY 20,2010
THIS D EBEN TURE of Sim ulated Environm ent Concepts, lnc.
(''Company''),designated as its Series A 8% Convertible Redeemable Debenture Due

February 20,2010.
FO R V ALUE RECEIVED,the Company prom ises to pay to The Tripod
Group, LLC and its authorized successors and permitted assigns (''Holder''), the
aggregate principalface amountoffifty thousanddollars(U.S.$50,000)on February 20,
20l0 (''
M aturitv Date'')andtopay interestonthe principalamountoutstanding hereunder
atthe rate of8% perannum com mencing on M arch 20,2008. lnterestw illbe paid to the
Holder in whose name this Debenture is registered on the recordsofthe Comgany
regarding registration and transfers ofthisDebenture (''DebentureRegister'r);provlded,

how ever,thatthe Com pany's obligation to a transferee of this D ebenture arises only if
such transfer, sale or other disposition is m ade in accordance with the term s and
conditions ofthe Securities Sale Agreem ent dated as of February 20,2008 betw een the
Company andtheHolder(''SaleAgreement''). Thejrincipalof,andintereston,this

Debenture are payable at 250 E. W isconsin Ave., Sulte l800, M ilw aukee,W l 53202
initially, and if changed, last appearing on the Debenture Register of the Com pany as
designated in writing by the Holderhereoffrom tim e to tim e. The Company w illpay the
outstanding principaldueupon thisDebenture beforeoron theMaturityDate,lessany
amounts required by law to be deducted orwithheld,to the Holder of thls Debenture by

check ifpaid m ore than l0 dayspriorto the M aturity Date or,ifpaid 10 daysorlessprior
to the M aturity Date,by wire transfer and addressed to such Holder at the last address
appearing on the Debenture Register. The forwarding ofsuch check orwire transfershall
constitute a paym ent of outstanding principalhereunder and shall satisfy and discharge
the liability forprincipalon this D ebenture to the extentofthe sum represented by such
check orwiretransfer. lnterestshallbepayablein Common Stock (asdefinedbelow)

pursuantto paragraph 4(b)herein.
ThisDebentureissubjecttothefollowingadditionalprovisions'
.
l.
This Debenture is issuable or assignable to a Holder in
denominationsofFiveThousandDollars(US$5,000)and integralmultiplesthereof.This
Debenture is exchangeable for an equal aggregate principal am ount of Debentures of
differentauthorized denominations,asrequested by the Holderssurrenderiny the same,
butnotlessthan U.S.$5,000. No service charge willbe made forsuch reglstration or
transferorexchanje,exceptthatHoldershallpayanytaxorothergovernmentalcharges
payable in connectlon therewith.
2.
The Company shallbe entitled to w ithhold from allpaym ents any
am ountsrequired to be w ithheld underapplicable laws.
3.
This Debenture m ay be transferred or exchanged only in
compliancewith the Securities Actof 1933,asamended (''Act'')and applicable state

securities law s and only to an Accredited lnvestor who resides in W isconsin. Any
attem pted transfer to a non-qualifying pal'
ty shallbe treated by the Company as void.
Priorto due presentm entfortransferofthisDebenture,the Com pany and any agentofthe
Company m ay treat the person in whose nam e this D ebenture is duly registered on the
Com pany'sD ebenture Registerasthe ownerhereofforaIlother purposes,w hetherornot
thisD ebenture be overdue,and neitherthe Com pany norany such agentshallbe affected
orbound by notice to the contrary. A ny H olderofthis Debenture electing to exercisethe
rightofconversion setforth in Section 4(a)hereof,in addition to the requirementsset

fol'th in Section 4(a)sand any prospective transferee ofthis Debenture,arealso required
to give the Com pany w ritten confirm ation that This D ebenture is being converted
('W otice of Conversion'')in the form annexed hereto as Exhibit 1.The date ofreceipt
(including receiptby telecopy)ofsuch Notice ofConversion shallbe the Conversion
Date.
4.
(a)
The Holder of this D ebenture is entitled, at its option,at
any time following delivery ofthisDebenture,to converta1lorany amountover$500 of

the principal face am ount of this D ebenture then outstanding into shares of the
Company's common stock (the ''Common Stock'') without restrictive legend of any
nature,ata conversion price (''conversion Price'')foreach shareofCommon Stock equal
to 60% ofthe low estclosing bid price ofthe Com mon Stock as reported on the N ational
Quotations Bureau Pink Sheets on which the Company's shares are traded or any
exchangeupon which the Common Stock may betraded in the future (''Exchanee'')for
(i)any ofthe three trading days priorto the day upon which aNotice ofConversion is
received by the Com pany,provided such N otice ofConversion isdelivered by fax to the
Com pany betw een the hoursof4 P.M .Eastern Standard orD aylightSavingsTim e and 7
P.M .Eastern Standard or Daylight Savings Time,or (ii) the trading day on which a
N otice ofConversion isreceived by the Com pany provided such N otice ofConversion is
delivered by fax to the Company betw een the hours of 4 P.M . Eastern Standard or
Daylight Savings Tim e and 7 P.M .Eastern Standard orD aylight Savings Tim e. lfthe
num ber of resultant shares of Com m on Stock would as a m atter of law or pursuantto
regulatory authority require the Company to seek shareholderapprovalof such issuance,
the Com pany shall,assoon aspracticable,take thenecessary stepsto seek such approval.
Such conversion shallbe effectuated by the Com pany delivering the shares ofComm on
Stock to the Holderw ithin 3 business days of receiptby the Com pany ofthe N otice of
Conversion. Once the Holder has received such shares of Com m on Stock,the H older
shallsurrenderthis Debenturesto the Com pany,executed by the H olderevidencing such
Holder's intention to convert this Debenture or a specitied portion hereof, and
accom panied by properassignm enthereofin blank. Accrued butunpaid interestshallbe
subjectto conversion.No fractionalsharesorscrip representingfractionsofshareswill

be issued on conversion,butthe num berofsharesissuable shallberounded to the nearest
whole share.
(b)
lntereston any unpaid principalbalanceofthisDebenture shallbe
paid at the rate of 8% per annum . lnterest shallbe paid by the Com pany in Com m on
Stock (''lnterestShares''). The Holdermay,atany time,send in a Notice ofConversion

totheCompanyforlnterestSharesbasedontheformulaprovidedinSection4(a)above.
The dollar am ountconverted into lnterestShares shallbe allora portion ofthe accrued
interestcalculated on the unpaid principalbalance ofthis Debenture to the date of such
notice. lnterestSharesshallbe issued underthe exem ption from registration provided by

Rule 504 ofRegulation D .
(c)
Atany time the Company shallhave the option to redeem this
Debenture and pay to the Holder l50% ofthe unpaid principalam ountofthisD ebenture,
in full.The Com pany shallgive the H older 5 days written notice and the H older during
such 5 daysshallhave the option to convertthisDebenture orany partthereof into shares
ofComm on StockattheConversionPricesetforth inparagraph4(a)ofthisDebenture.
(d) Upon (i)atransferofallorsubstantially a1lofthe assetsofthe

Company to any person in a single transaction or series of related transactions,(ii) a
reclassification,capitalreorganization or otherchange orexchange ofoutstanding shares
ofthe Common Stock,or(iii)any consolidation ormergeroftheCompany with orinto

anotherperson orentity in which the Company isnotthe surviving entity (otherthan a
merger which is effected solely to change the jurisdiction of incorporation of the
Company and results in a reclassification,conversion orexchange ofoutstanding shares
ofCommon Stock solely into sharesofCommon Stock)(each ofitems (i),(ii)and (iii)

beingreferred to asa ''SaleEvent''),then,in each case,theCompany shall,upon request
of the Holder, redeem this Debenture in cash for 150% of the principal am ount,plus
accrued but unpaid interest through the date of redem ption, or at the election of the
Holder,such Holdermay converttheunpaid principalamountofthisDebenture(together

with the amount of accrued but unpaid interest) into shares of Comm on Stock
im m ediately priorto such Sale Eventatthe Conversion Price.
(e)
ln caseofany SaleEventin connection with which thisDebenture
isnotredeem ed orconverted,the Com pany shallcause effective provision to be m ade so

that the Holder of this D ebenture shall have the right thereafter, by converting this
Debenture,to purchase or convertthis Debenture into the kind and num berof shares of
stock or other securities or property (including cash) receivable upon such

reclassification, capital reorganization or other change, consolidation or m erger by a
holder ofthe num ber of shares of Com m on Stock thatcould have been purchased upon
exercise of the Debentures and at the sam e Conversion Price, as defined in this
Debenture, im m ediately prior to such Sale Event. The foregoing provisions shall
sim ilarly apply to successive Sale Events.Ifthe consideration received by the holders of
Com m on Stock is other than cash,the value shall be as determ ined by the Board of
Directorsofthe Com pany orsuccessorperson orentity acting in good faith.
5.
No provision ofthis Debenture shallalter orim pairthe obligation
ofthe Com pany,which isabsolute and unconditional,to pay the principalof,and interest
on,this Debenture atthetim e,place,and rate,and in theform ,herein prescribed.
6.
The Company hereby expressly waives demand and presentm ent
forpaym ent,notice of non-payment,protest,notice ofprotest,notice ofdishonor,notice
of acceleration or intent to accelerate, and diligence in taking any action to collect
am ounts called forhereunderand shallbe directly and prim arily liable forthe paym entof
a11sum s ow ing and to be ow ing hereto.
7.
The Company agrees to pay all costs and expenses, including
reasonable attorneys'fees,w hich m ay be incurred by the Holder in collecting any am ount
due underthisDebenture.
8.
lfone orm ore ofthe follow ing described ''EventsofDefault''shall
occurand continue for30 days,unless a differenttim e fram e is noted below :
(a)
TheCompany shalldefaultinthepaymentofprincipalorinterest
on this Debenture orany otherdebenture issued pursuantto the Sale Agreem ent;or
(b)
Any ofthe representations or warranties made by the Company
herein,in the Sale Agreem ent,orin any certificate orfinancialorotherwritten statem ents
heretofore orhereafterfurnished by oron behalfofthe Com pany in connection w ith the
execution and delivel'
y of this Debenture or the Sale A greement shall be false or
m isleading in any m aterial respect atthe time m ade or the Com pany shallviolate any
covenantsinthe SaleAgreementincludingbutnotlimited to Section5(b)orl0;or
(c)
The Company shallfailto perform or observe,in any material
respect,any other covenant,term ,provision,condition,agreem ent or obligatlon of the

Com pany under this Debenture or the Sale A greem ent and such failure shallcontinue
uncured foraperiod ofthirty (30)daysafternoticefrom theHolderofsuch failure;or
(d)
TheCompany shall(1)becomeinsolvent;(2)admitinwriting its
inabilitytopay itsdebtsgenerallyastheymature;(3)makeanassignmentforthebenefit
ofcredltorsorcommenceproceedingsforitsdissolution;(4)applyfororconsenttothe
appointm ent of a trustee, liquidator or receiver for its or for a substantial part of its
propertyorbusiness;(5)t5leagetitionfor bankruptcyrelief,consenttothefilingofsuch
petition or have filed against lt an involuntary petition for bankruptcy relief,a1l under
federalorstate lawsasapplicable;or
(e)
A trustee, liquidator or receiver shall be appointed for the
Com pany orfora substantialpartofitsproperty orbusiness withoutitsconsentand shall
notbedischarged withinthirty (30)daysaftersuch appointment;or
(9
Anygovernmentalagencyoranycourtofcompetentjurisdictionat
the instance ofany governm entalagency shallassum e custody orcontrolofthe whole or

any substantialportion ofthe propertiesorassetsofthe Company;or
(g) Oneormoremoneyjudgments,writsorwarrantsofattachment,or
similarprocess,inexcessofOneHundredThousandDollars($100,000)intheaggregate,
shallbe entered or filed againstthe Company or any ofits properties orotherassets and
shallremainunpaid,unvacated,unbondedorunstayedforaperiodoffifteen(15)daysor
inanyeventlaterthanfive(5)dayspriortothedateofanyproposedsalethereunder;or
(h)
Bankruptcy,reorganization,insolvency orliquidation proceedings,
orotherproceedingsforreliefunderany bankruptcy law orany law forthe reliefof

debtors shallbe instituted voluntarily by orinvoluntarlly againstthe Com pany;or
(i)
lflisted,theCompany shallhave itsCommon Stock delisted from
an Exchange or, if the Com m on Stock trades on an Exchange, then trading in the
Com m on Stock shallbe suspended formore than 10 consecutive days;or
()
TheCompany shallnotdelivertotheHoldertheCommon Stock
pursuant to paragraph 4 herein w ithout restrictive legend w ithin 5 business days of its
receiptofaN otice ofConversion.
Then,oratany tim ethereafter,unlesscured,and in each and every such case,unlesssuch
EventofDefaultshallhavebeenwaived inwriting by the Holder(whichwaivershallnot

be deemed to be a waiverofany subsequentdefault)atthe option ofthe Holderand in
the Holder'ssole discretion,the Holdermay considerthis Debenture im m ediately due and
payable,withoutpresentment,demand,protestor(further)notice ofany kind (otherthan

notice ofacceleration),aIlofwhich are hereby expressly waived,anything herein orin
any note or other instrum ents contained to the contrary notw ithstanding,and the H older
m ay im m ediately,and w ithout expiration ofany period of grace,enforce any and al1of
the Holder's rightsand rem edies provided herein orany otherrights orrem edies afforded
by law . U pon an Eventof Default, interest shallbe accrue at a default interest rate of
24% per annum or,if such rate is usurious ornotperm itted by currentlaw ,then at the
highestrate ofinterestperm itted by law .
9.
ThisDebenture represents a prioritized obligation ofthe Company.
H ow ever,no recourse shallbe had forthe paym entofthe principalof,orthe intereston,
thisD ebenture,orforany claim based hereon,orotherw ise in respecthereof,againstany
incorporator, shareholder, officer or director, as such, past, present or future, of the
Com pany orany successor corporation,whether by virtue ofany constitution,statute or
rule of law,or by the enforcem ent of any assessm ent or penalty or otherwise,all such
liability being,by the acceptance hereofand as pal'tofthe consideration forthe issuance
hereof,expressly waived and released.
l0.
In case any provision of this Debenture is held by a court of
competentjurisdiction to beexcessive in scope orotherwise invalid orunenforceable,

suchprovisionshallbeadjustedratherthanvoided,ifpossible,sothatitisenforceableto
the m axim um extent possible, and the validity and enforceability of the rem aining
provisionsofthisDebenture w illnotin any w ay be affected orim paired thereby.
l1. This Debenture and the agreem ents referred to in this Debenture
constitute the fulland entire understanding and agreem entbetw een the Company and the
Holderwith respectto the subjectmatterhereof. NeitherthisDebenture norany term
hereof m ay be am ended, w aived, discharged or term inated other than by a written

instrum entsigned by the Company and the H older.
l2. This Debenture shallbe governed by and construed in accordance

w ith the law s of W isconsin applicable to contracts m ade and wholly to be perform ed
w ithin the State of W isconsin and shallbe binding upon the successors and assigns of
eachpartyhereto.TheHolderandtheCompanyherebymutually waivetrialbyjul'
yand
consenttoexclusivejurisdictionandvenueinthecourtsoftheStateofW isconsin.This
Agreem ent m ay be executed in counterparts, and the facsim ile transm ission of an
executed counterpartto thisA greem entshallbe effective as an original.
(REMAINDER OF PAGE INTENTIONALLFfEFTBLANK)
IN W ITN ESS W H EREOF,the Com pany has caused this Debenture to be

duly executed by an offscerthereunto duly authorized.
D ated:February 20,2008
SIM ULA TED EN VIRON M EN T CON CEPTS,

IN C.
By:
N am e: Ella renkel
Title: President
EXHIB IT ''0 ''Page 70 of114
EXH IBIT A
NO TICE OF CON VERSION
(To beExecuted by theRegistered Holderin orderto ConverttheDebenture)

The undersigned hereby irrevocably elects to convert$
of
the above D ebenture N o. A into Shares of Com m on Stock of Sim ulated

Environm ental Concepts, Inc. (ts
shares'')according to the conditionssetforth in such
D ebenture,as ofthe date written below .
undersigned,the undersigned willpay all transfer and other taxes and charges payable
w ith respectthereto.
D ate ofConversion:
Applicable Conversion Pricb:
Signature:
Address:
gprintNameofHolderandTitleofSignerl
SSN orElN :
Shares are to be registered in the following nam e:
Name:
Address:
TeI:
Fax:
SSN orElN :
Sharesare to be sentordelivered to thefollow ing account:

A ccountN am e:
A ddress'
.

January 13,2011
RESOLUTION and CERTIFICATION 0FBOARD OF DIREG ORS

W e,being aIIofthe duly elected m em bersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT
CONCEPTS,INC-,a corporationorganizedunderthe Iawsofthe State ofFlorida(the ''Compan/'),do

hereby certify thata m eeting ofthe Board ofDirectors held on the date stated above, atw hich said
m eeting a quorum waspresent,eitherin person orthrough electroniccom m unication, and voting
throughout,the following resolution, upon motionsm ade,seconded and carried,wasduly adopted,
above:
CERTIFICATION:the Board ofDirectorsduly adopted a valid Resolution authorizing issuance ofthe
following sharesas indicated on attached docum ent.
The sharesare to be free-trading com mon stock. These sharesare being issued in accordance w ith a
The TransferAgentisinstructed to seek, ifnecessary,an opinion Ietterissued by an attorney
W e requestthatstock be issued as paym entasindicated on individualdocum entand disbursed in the
Accordingly,piease issue certificatesrepresentingthe sharesand deliverthem to:

AsherEnterprises,Inc.
1 Linden Place
Suite 207
GreatNeck,NY 11021
1
Ilya
' lSec tary
EXH IBIT A
N OTIC E O F CO W ERSION
(TobeExecutedbytheRegistered Holder
in orderto ConverttheNotes)
'1Xe undersigned hereby irrevocably electsto convert$ Q T?J
principal
amountofthe Note (detined below)into sharesofcommon stock.parvaue $.001pershare

Cscommon Stotk''),of Simulated Environment Concepts,lnc.,a Florida comoration ttlw
GBorrower'')accoringtotheconditionsoftheconvcrtibleNotesoftheBolw werdatedmsof
February 20tH, 2008 (the t#

Notes''),asofthe date written below. lfsecuritiesare to be issued in
the name of a person other tban the undcrsigned,the undersigned willpay alltm nsfer taxes
payable with respectthereto and is delivering herew ith such certificates. N o tke w illbe charged
to the Holder for any conversion. except for tranqfer taxes, if any. A copy of each Note is
attachedhereto(orevidenceofIoss,theiordestmctionthereof).
The undesigned hereby requests that the Borrow er issue a certificatc or
certificatesforthenumberofsharesofCommon Stock setforth below (which numbersarebased
on the Holder*scalculation attached hereto)in the namels)specitsed tmmediately below or,if

additionalspace is necessary,on an atlachm enthereto:
Nam e'
Address'
.
//ol
The undersigned represents and w arrants that a1l offers and sales by the
undersigned ofthe securities issuable to the undersigned upon conversion ofthe Notes shallbe
made pursuantto registrationofthe securitiesunderthe Secur esActof1933,asamended (the
i%Act'') orpursuantto an exemption from registration underthe Act.
DateofConversion: / /3 l
A PPlicble Conxersion Price: ,#0 .DJJIT;
N um berofshares ofConm m n Stock to be lssued Pursuantto
Conversionofthe otes:
Signature:
xame:
Address; z'
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The Borrower shallissue and deliver shares of Com m on Stock to an ovem igbt couriernotlater
thanthreebusinessdaysfollowinyreceiptoftheoriginalNotets)tobeconverted,andshallmake
payments pursuantto the Notes for the num berofbusintss dayssuch issllance and delivery is
late.
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EXHIBIT ''0'1Page 73 of 114
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#WARENESS670ttm 0N
Christopher M .D ay,V ice President

A m erican Registrar & Transfer Co.
D earChristopher,
Pleasebeadvised,thaton M ay 281h,2010,Simulated EnvironmentConcepts,Inc.(''SM EW ),

and AJENE W ATSON,LLC (''AW LLC'')enteredintoan agreement,AM ENDMENT TO
TRANSACTION DOCUMENTS(''Am endmentv).ThisAmendm entwastofacilitate
lim itations as to how m any shares A W LLC can convertatany given tim e w ithoutadvance
w ritlen notice.
Asitpertainstothisspecificinstance,SM EV electstowaivetheselimitations(both the4.99%

Blockerand 61daynotice),affordingAW LLC theabilitytom akethespecificconversion noted
by DocumentNo.:110113-01(Resolution and Certification ofBoard ofDirectors).
lfyou have any further quesdonsorrequire any addidonalinform ation,please feelfree to
contactus.
incerel ,
Ella Frenkel
President
EF/mb
STO C K PURC H ASE A G R EEM E NT
Stock Purehasc Agreem ent(thv ''Agreement'') dated January 13,291I by and

between,AjeneW atson LLC tthe''Skl1eP'),andAsherEnterprists,Inc.(the''Purchmsern).
SVH EREAS.Seller is the ownerof20,000,000 tmrestricted,free trading shares
(the ''Scller Stok'') of comm on stock of Sim ulated Environm ent Coneepts, lav. (the
fk
jk
'
Aompany$
1),
.anjj
W H EREAS,Pttrchaser wishes to buy the Seller Steck from Seller and Seller
wishcstoconvey theSellcrStockto Purchaserpa1Iupon tlle termsand subjcctto tlzeconditions

herein settbrth.
NOW ,THEREFORE,in orderto inp lementthc foregoingand in tonsideration

ofthe mutualagrccmentscontaincd herein.thepartieshereto agreeas tbllows:
1.
1.1
Purvhpsv and Salv pf$la Sv.

ller Stqck
.
Azreement to Purehase and Sell. Subjectto the terms and on the
conditiosu bereinaftersetforth,Purchaserhertby agrtesto purchase the ScllerStock tkom Seller
forthe aggregate considcratitm ofSixty 'l-housand Dollars($60,000.00) tthe ''Pum ha-se Price''),
to bepaid attheClosinglhertinafterdelsned).
l.2
Closinz ofthePurtllase.''
l'he closingofthepurcha.
seand saleofthe
SellerStock(the''Closing')shallbc*deemedtotakeplaceattheofliccsofPurchaser,onJanuary
13.201lorattheearliestdateoflhecompletion oftheeventsassetfortb inthefollowing
sentence.Attlw Closing:(i)Stllerwilltause SelltrStockto bedelivered to Purchaserin
certificatc form inthenameofPurchaserdirectly to:II-indcn Place.Suite207,GreatNeck,N 5'
l102l.orasotherwisedirected bytbe Purchaser;m1d(ii)upon receiptoftlw SellcrStock,

PurchmsershalldelivertoScllcrthePurchkucPricc(subjccttoadjustmentassctlbrthinSection
1.1abovc),byccrtit
sed chcckpoft
lcialbankcheckorw'
iretranslkr.asrcasonably dirccted by
Sellerfsdcsignec.
Rtprestrltatiols aad W arnm ties ofSeller.
Sellerhereby representsand warluntsthat:

2.l I)ue A uthorio tioe. Stller has all requisite legal capaeity to exeeute,
delivcrand perfbrm this Agreem entand tbe transactions hereby contem platcxd- Tlais Agreem ent
constitutesa valid arjd binding agreem enton tbe partofSellerand is entbrceabltzagainss Seller
in accordance w ith its terms.
--
2.2
--
No Consents. No Contravention.
Thc exccution. delivery and
pcrfbrmance by Seller of*this Agrecment(i) tequire no authorizationsrcgistratiom consent.
approvaloraction byt'rin respect01

-,orlllingswith.any governmentalbody,agency orolllcial
orotberperson(intluding butnotIimited to theSecuritiesand ExchangeCommission).and (ii)

.
do notcontravene.conllictwith.resultin a brcach oforconstitute a defaultundcrany material
provision ofapplicable law orregulation-or01.any m aterialagreem entto w hich Seller isa part
orbywhich heortheScllerStock isboundaoranyjtldgmcnt-order.decreeorotherinstrument

binding tlpon Sellerorthe SellerStock2.3 O w nership.
. No Entum branee. A tthc Closing,Seller is the sole legalrecord and bcneticialownerof the Sellcr Stock- Seller has good and marketable title to the
Seller Sttlck'and th< SellerSttlck'is and atClosing shall be fkee and'elcar of a1Iliens,pledg<s,
mortgages,charges,security intcrestsorencumbrftnccsol-anykind otnuture.ThcSellerStock is
t'
blly paids f'
ree trading antlm ay bttsoltlby Ptlrchmqtv atany tim e in a m arkd trtm saction. -l-Iw
Sklller Stllck was nm acquired pursuantto lhe cxcm ption setforth in Itule 504 ofthe Seeurities
A ctof 1933.as am ended. l-here are no outstanding options,warrants.or rights to ptlrchast the
SellerStockothcrthlm throug11thisAgrecmenl.'l-hisrepresentationshallsurvive lht,Closing.
ickrrq
2.4
N on- A ffiliate Status- Seller reprcsents that Scller is not an otldirector.insideroralliliatc of-t-om pany:mld thatPurchaserw-illnotbe lm :11151iate tbllow ing the
consunymation oftlw ttanxactionscontcmplatcd by thisagtecnlent.
.
--
2.5
Litieation. There are no invcstigations. actions. suits or proccedillgs.
adlninistralive orotherw ise.threatened orpcnding thataflkcts Sellcr's rights to the SellcrStock.
thesaleoflhe SelltrSlock itselfortheColnpany.
2-6 Insolvtncv- S<I1<r is not insolvenl, is not in reccivership, nor is any
application lbrreceivcrship pending.no proceedingsare pcnding by oragainstitin bankruptcy
orreorganization in any stateortkderalctyurt;norhasitcommitted any actot-bankruptcy2.7 Broke'
r Ftte. Stller antlPurcbaserhereby representand warran!thatthcrc
llasbecn no actoromission by Sellerorthe Purchaserwhich would give risc to any valid claim
againstany ofthc partieshcrcto fbra brokcragcconlmission-findcr*s fe< orotherlike payment
in connectiollwith thetransactit'
m contemplated llcrcby.
111.
Representations and B 'arrantiesofPurchaser
Purchaserhcrcbyreprcscntsand warrantsthat:
3.1 DueAuthorization. PurchaserhasallTcquisile legalcapacity to cxecute.
tleliverand perform this A greenw nlanklthe trtm sactions hereby eontem plated. This A greement
tonstitutes a valid antlbinding agrtementon the partol'Purchaser and is enforceable against
Ptlrchascrin accordance w ith itsterms.
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pertbrnmnce by Purchaserofthis Agrecmcnt(i)rcquire no aulhorizatioll.consent.approvalor

aclion by orin respttctf1l,('
)r tilings with.any govenlnlentalbody-agency ()rtllNcialf)rtlther
person and (ii)do nolcontravecc,contlictwith.rtsultin a breacb 01-orconstitutc11detaullunder
any mat<rialprovision ofapplicable law orregulalion.oroI-any matcrialagrecmcnlto which
Purchaserisapartyorby which I1eisbound,oranyjudgmentxordcr.decreeorotherinstrument

binding upon Sc1ler.
IV .
Scller*s Condition: to C losina-
4.1 Acturacv ofReprtsentations. L-ach ofthe representationsantlw arranties

ofPurchascrcontained in A rtiele lIIshallbe true.cem plete and cortectin a1lrespects.
N0 A ction to Restrain.No statute.nlle.rcgulationajudglnent-injuncti
4.2
on.
orderordccrcc shallhave becn cnaeted.enttred.prom ulgated.entbrced ordeem cd appliable b)'
- -
anycourtefconTpetentjurisdiction.arbitratoragovemmentorgovemmvntalatlthorityoragency.
whicl!statutc-rule-regulation.judgment,injunction.orderor decrec shallbe in el-fectalld
restrain.enjoin.prohibilorotherwisentakeillegaltheconsununation(Afthesaleandpurehaseof
the SelIerSttytkcontemplated by thisAgrecment.
Purchaser'sC onditions to C ltuinE.
5.1 Accuracv ofReprtscntxtions. Each oftht rtpresentatilm sand w arranties

tlfsellcrcontailled in Article 11shallbe true.com plete and corrtctin aIIrcspccts,
5.2
No Attion to Rtstrain-No statute.nlle,regulatiom judgmenteinjunetion.
orderor decree shalIhavc bcen enacted,promulgated,enlbrced ordeemed applicable b),

'any
courtofcompctcntjtlrisdiction.arbitrator.governmcntorgovtrnmentalauthority oragency.
whieh statute-rule-regulation.judgmcnt.injunctionmorderor decree shallbe in effectantl
restrain.eqioin.probibisorotberwisemake illegalthc consummation ofthcsaleand purchase 01,

the SellerStock vontcmplated by this Agreem ent.
Vl.
(i.1
M iscellaneous.
Indem nistatitm . Seller shall indemnify. delknd and hold harmless
Purchaser from and against any lossp liability, claim or d'amagc (including incidental antt
collsequentialdamageslecxpcnses(including costs tz1-invtstigation and dcfense and rcasonable
attlpmey'sfkes).whethctornotinvolvinga third-party claim,arising oulot-orinconncction with
thc purchaseofthc ScllerStock.
6.2
Bindint Eftkct. A ssierlm tnt. lt

'xeept as prtw ided to the contrary
lwreinabove.tllis Agreelnentshallapply to and shallbe binding upon tlw partics htreto-their

respective successors and assigns and a1Ipersocs clailning by.through or under any of thc
aforesaidpersons6.3
Enfiee Azretm ent. 'l-his Agreclncnt cotlstitutcs thc entire agreernent
betweenthepartiesheretowithrcspccttothesubjectmatterhercofandsupcrsedesaI1othcrprior
agrecmtmts and undcrstantlings.bolh writlcn and ontl,between the parties with respcctto the
subjectmatterhcfeof.
6.4
A m endm cnt. 'I'his Agrccm ent may not be am ended or m oditscd,except
by a w ritten instrum entsigned by thc partieshereto.
6.5 Applicable Law . This agrcem ent and all transactions contcm plated in
this A greem ent shall be goverfd by.construed and cnfbrced in accordance w ith the laws of
New York,Theparlieshereinwaivelzialbyjuryandagreetosubmitto thepcrsonaljutis'diction

andvenueofacourtofsubjectmatterjurisdictionlocated inNassauCounty,StatcofNew York.
ln the evenl that litigation results l'
rom or arises out of this Agreem ent or the pcrfbnnance
thereof, the parties agrec to reim bursc tbe prevailing partyfs reasonable atlorney's tk.cs. court
costsand alIotherexpenses,wbetherornottaxable bythe courtascosts,i9addition to any other
reliefto which the prrvailing patty may be entitltd.
6.6 Severabilitv- In the evcnt that any onc or m ore of the provisions
containcd in this Agrecment,orthc application thcreof in any circttmstanccs, is hcld invalid.
illegalorunenforccable in any respectforany reason,the validity,Iegality and tntbrctability of

any such provision in cvery other respect and of the rem aining provisitm s contained in this
Agreenwnt shall not be in any w'ay impaired, it being intendcd that 1111 rights, powers and
privilegesofthe partieshereto shallbcentbrccable to the fullcstextcntpermitted by law'.
6.7 Notices. AlInotices and other com m unications provided tbr herein shall
be in writing and shallbe deem ed to have lxcn duly givcn when receivetl.
6.8 Counterparts. ThisAgreementmay be cxecuted in countemarts,eachof

which shallbedeemed to bean originaland a1lofwhich togethershallbedtemed to beoneand
thc sam e instnlm ent.
IN W I-I*N ESS W H EREO F.Sellerand Purchaserhave executed this A grcem ent

asoftlledatcsetlbrth above,
S'I;
-l1-l&
1lt:
AjeneW atsonLLf'
.'
X'- 'x
1
(3'17
r-.
.
..;.
-,.,, -,-,,..
Nalne:A @ e W' atgon
,
.. -
ze'f
..
**-'
Pt.lRC llA.SE.lt:
Ashtr Enterprises,Iac.
1:
1Y N Jllnc'
z
.Cur
, tKram cr
.j-l
.tje.
. pjvsjqu ry(
'I'
-ax Jd-94-1437255
lhereby verify tllatSim ulated EnvironmenlC onccpts,lnc.is cognizuntofthe transaction as set

lbrth in tllisagreenlent,and AsherEntem rises.lnc-,upon the closing ofthe transactions
contelnplated thereby.wilIlw theourlwr01-20,000,000 sharesoffully-paid,non-assessable.unrestricted com m on stock o1-Silnulated Environm entConcepts.lnc.lfurthcrconflnn thc
reprcscnlations nlade herein by Sellerin Sections 2.3 and 2.4 hereoz
Sim lated E vironm
tC
epts.lnc.
By
EIla FrenkktI-f'
.E(.
)
Date:January l3.2t)1l
EXHIB IT ''0 '.Page 79 of 114

January 4,2011
RESOLUTION and CERTIFICATION OFBOARD OF DIREG ORS

W e,being aIIofthe duly elected m em bersofthe Board ofDirectorsofSIM ULATED ENVIRONM ENT
CONCEPTS,INC.,acorporation organized undertheIawsoftheStateofFlorida (the''Com pany/'),do

hereby certify thata meeting ofthe Board ofDirectors held on the date stated above,atwhich said
m eeting a quorum waspresent,eitherin person orthrough electronic com m unication,and voting
throughout,the follow ing resolution,upon m otionsm ade,seconded and carried,wasduly adopted,
entered into the recordsofthe Com pany and is now in fullforce and effectasofthe date setforth
above:
Com pany,byand through itsofficersand directors,are hereby instructed to take such furtheractions
asare necessary to im plem entand affectthis Resolution.
CERTIFICATION:the Board ofDirectors duly adopted a valid Resolution authorizing issuance ofthe
following sharesasindicated on attached docum ent.
The sharesare to be free-trading com m on stock.These shares are being issued in accordance with a
The TransferAgentisinstructed to seek,ifnecessary,an opinion Ietterissued by an attorney
W e requestthatstockbe issued aspaym entasindicated on individualdocum entand disbursed in the
Accordingly,please issue certificatesrepresenting the sharesand deliverthem to:
AsherEnterprises,Inc.
1 Linden Place
Suite 207
GreatNeck,NY 11021
*
Ilya - # ec tary
EXH IBIT ''0 ''Page 80 of114

Exhibits 81 PG SMEV

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Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 1 of 81

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 2 of 81

SIM UG TED ENVIRONM ENT CONCEPTS,INC.

corporationoftheState ofFlorida,(the ''Corporation'

Executed the day firststated above:

EXHIBIT ''0 ''Page 1 of114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 3 of 81

Docum entN o::l10811-01

CERTIFICATION RE:BOARD RESOLUTION OF

SIM ULATED ENVIRONM ENT CONCEPTS ISM EVI

pleasesendvlA:K Iredsx --pleasebillAccw :223437605

1la Frenkel,D IRECTOR,Presidentand CEO

EXHIBIT ''0 ''Page 2 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 4 of 81

SIM ULATED ENVIRONM ENT CONCEPTS ISM EVJ

pleasesendvIA:nx IredEx --pleasebillAccw :223437605

Signed on date firstm entioned above:

EXHIBIT '.0 .'Page 3 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 5 of 81

June23,2011 lre:Preferdconversioninto30,000,000forshareholderDevelopmentGroup,LLC lDocumentNo.:110623-03

SIM ULATED ENVIRONM ENT CONCEPTS,INC.

IT ISRESOLVED THAT theattached requestforconversionofpreferred sharesinto freetrading common stockis

3,000(threethousand)preferredsharesfrom Authorized BlankCheckPreferredStockCertificateNo.

EXHIBIT ''0 ''Page 4 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 6 of 81

Shareholder D evelopm entG roup,LLC

EnvironmentConcepts,Incx's (''SM EV'

Ajene Watson,personally presented (via Mail/email)to SMEV an invoice for13,200 shares Of

EX HIBIT ''0 ''Page 5 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 7 of 81

Ten Thousand (10,000)common Stock t()every One (1)preferred stock,were to be gaid tc

August18,2010 (to both SM EV and ARTCO). Additionally,attached herewith is the Consulting

Cc:Am erican Registrar& Transfer

EX HIBIT ''0 ''Page 6 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 8 of 81

Shareholder Developm entG roup,LLC

Am erican Registrar& Transfer

1,TonpGolden, ChiefEyecutive OfficerofShareholderDevelopmentGroup,LLC,herebyrequest

Demand Notice and DistributionSchedule whichwere presented to SM EV onAugust7,2009(copios

EX H IB IT ''0 ''Page 7 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 9 of 81

SHAREHOLDER DEVELOPMENT GROUR LLC

CONSUL'1-lN G SERVlCES AG REEM ENI'

A.1-I1e CIientdesiresto bc asstlred of'tlle association and servicesoftl

Nofvvfthstandillg anytllfng colltafllcd lel'

4.(.0M PENSA.TION A'

EXHIBIT ''0'.Page 8 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 10 of 81

SHA REHO LD ER DEVELOPM ENT G RO UP,LLC

EX H IB IT ''0 ''Page 9 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 11 of 81

SHA REHO LDER DEVELOPM ENT GRO UP,LLC

l2. PRTVII-EDGE/CONFlDEN-l-lA I-Iel

t-()l))pa,)y ('tlle cliellt'')alld Sllareholdel

EXH IB IT ''0 ''Page 10 of 114

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 12 of 81

Case 0:12-cv-62197-WJZ Document 26-3 Entered on FLSD Docket 01/31/2013 Page 13 of 81

June 23,2011 lre;Preferdconversioninto28,000,000forAjeneWatson,LLC

RESOLUTION and CERTIFICATION OF BOARD OFDIREG ORS

SIM ULATED ENVIRONM ENT CONCEPTS,INC.

TheTransferAgentisinstructedtoseek ifnecessary,anopinionIetterissued byanattorneycompetenttoissue

W e requestthatstockbe issued and disbursed asfollows:

2,800(twothousandeghthundred)preferredsharesfrom Authorized BlankCheckPreferredStock