Epcylon Technologies, Inc.

Effective on October 15, 2015, our Board of Directors authorized and approved the execution of that certain memorandum of understanding (the "MOU") between the Company and Bitumen pursuant to which the parties set forth their initial understanding regarding a proposed amalgamation, merger or other form of commercial arrangement between the Company and Bitumen. In accordance with the terms and provisions of the MOU: (i) we would enter into an asset purchase agreement with Bitumen, which on behalf of Bitumen will constitute a qualifying transaction as per Policy 2.4 of the TSX Venture Exchange; (ii) Bitumen will issue to us approximately 182,202,994 shares of its common stock in exchange for all of our assets; (iii) prior to closing of the Transaction, Bitumen will complete a reverse stock split of its common shares in the ratio of one share for 0.538 share resulting in an aggregate number of 7,000,000 issued and outstanding shares of common stock of Bitumen; and (iv) we intend to complete a private placement offering on or before January 31, 2016 for aggregate proceeds of $1,000,000 consisting of secured convertible debentures with a three year term and yielding at 8% at a purchase price of $0.20 per secured convertible debenture and one-half share purchase warrant with each whole share purchase warrant entitling its holder to purchase one share of common stock of Bitumen at a price of $0.30 per common share within 24 months from the date of the issuance of the share purchase warrant (the "Private Placement").

Effective on December 1, 2015, our Board of Directors authorized and approved the execution of that certain supplier and reseller agreement (the “Agreement”) with Jitney Trade Inc. (“Jitney”). In accordance with the terms and provisions of the Agreement, the Company will offer Jitney’s retail and professional traders the following products: (i) the Stealth Trading Platform, which is designed for professional traders; (ii) the Stealth Console, which uses four signals to condense and visualize complex trends in the market giving the user a clear trading advantage and can be embedded into any trading platform with additional Stealth technical indicators modules; (iii) the Stealth Mobile application, which will be available the first fiscal quarter of 2016; and (iv) the Stealth Analytics platform. In further accordance with the terms and provisions of the Agreement, the Company has agreed to adopt a revenue sharing model with Jitney consisting of 30% of all revenues from software sales on a monthly basis credited to Jitney and 70% credited to the Company. Lastly, the Company has agreed to provide custom training for Jitney’s clients in addition to the existing training videos that can be found on the internet and the Company’s website http://www.epcylon.com. Jitney’s trade financial technology provider, Finlogik, Inc., will develop the FIX gateway integration to Jitney’s trade web-based platform.

Moreover, CQG does not make any representations, warranties or guarantees, express or implied, with respect to the ORS or any software used in connection with the ORS or its content. Lastly, the Company understands that technical problems or other conditions may delay or prevent persons from entering or cancelling an order or receiving information through the ORS and, therefore, CQG shall not be liable for and the Company shall not hold CQG or its affiliates liable for any loss, cost or damage (including trading losses or data losses), whether in contract or tort, suffered or incurred by the Company or any third party. CQG grant of the right to use the ORS is granted “as is” with all faults.

The Company completed and is currently commercializing version 1 of its sentiment trading proprietary technology for desktops and is set to launch its new Mobile application version in addition to a new version 2 of the Stealth Trader (the “Stealth Trading Proprietary Technology”). The Company’s business mandate is to seek international and local partners, joint ventures and licenses within the top fifty capital markets worldwide to supply retail and profession traders with the Stealth Trading Proprietary Technology. The Company wishes to license its Stealth Trading Proprietary Technology to broker dealers, retail trading houses specializing in equities, commodities, currencies and other securities around the world as a value added and innovative research tool.