Item 1.01 Entry into a Material Definitive Agreement.
On May 29, 2012, the Company entered into a financing agreement with AtCorp,
Inc., for a credit line of up to $1,500,000. The financing is in the form of a
6% Senior Secured Promissory Note and has a one year term. The line of credit is
not convertible therefore has no dilution effect. The line of credit is subject
to the Intercreditor Agreement with the Company's first lien holder, Agile
Opportunity Fund, LLC. The funding will be utilized for marketing, inventory and
other working capital needs.
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