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10/24/12

SpacapsuleMail-MovingForward
r

se/xv uxssuj
us
M oving Forw ard
ajene@ ajenewalM n.com <ajene@ ajenewatson.com>
To:''Licht,Allen''qallen@ spacapsule.com>
Cc:monica@ ajenewatson.com
M r.Licht,

R e Team and lare atthe beginnings ofmaking serious considerations

regarding Sim ulated EnkronmentConcepts. Iwillneed cedain items from
you forthwith i
fwe are to mo through the initialhalfofourbasic
corporate rekew expeditiously.
Attached you will9nd a ConfdentialDue Diligence Requestform and a
M utuaiNDA. Please com plete the due diligence form along with prooding
aIIofthe information requested. Also,please execute the mutualNDA.

Bothdocuments canbe faxed backto MonicaChui-mruat(646)219-2876.

lfthere should be any information thatcannotbe faxed,please forward to
ourNY omces at48 W allStreet,11th Floor,Manhattan,NY 10005.

W e are scheduling a meeting with Aryeh concerning yourcompany;butmore

im portantly,willbe rekewing yoursituati
on with otherin stors and
consul
tants within ourgroup. W e'd like to determine fairly quickly what
ifanything we're able to do;engage and mo* forwarded immediatel
y ifwe
fnd thatwe can indeed bring realvalue to Sim ulated Enoronment
Concepts.
Iwish this em ailfnds youwelland in good health. Please contactus
with any questions,
Respectfully,

AjeneW atson
(646)688-4139

:1 AWL
80K LC ConfidentialDue Diligence Request-2009.pdf
.

AW LLC M utualNDA -2009.pdf

45K

I IT '' ''-- Pae 1 of1

https:
//mail.google.com/mail
/u/o/?ui
cz&i
k=ldcga3b3bc&vI
ewcp as aszajeneoo4 ajenewatson.coM ...

W ed,Jun3,2009at8:59AM

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SPAV'CAPSLJLE
Update
ajene@ ajenewaiM n.com <ajene@ajenewatson.coml
To:''Licht,Allen'
'<allen@ spacapsule.comr
Cc:eric@ enksioncapital.bi
z
Mr.Licht,
Iwish to reportthatwe're on whatIbelie is the IastIeg ofcraling
whatwe hope is the mostreasonable operation-capitaldealgoing into SEC.
Itis importantthatwe know we can m ake an adequate amountofm oney
ac ilable to the SEC e#od in orderto accom plish whatthe com pany will
require.
R e introducing party forone seems to be fairl
y confdentthatwe will
succeed. R ey' offered a possible arrangement,butwe ha to explore
its ultimate feasibility as i
trel
ates to the bestinterestofour
prospecti
client...you. Additionally,ourconsulting team and managing
sta;are aIIbecom ing quickl
y acclimated with SEC'S product.

ltseems as though allpadies are intently interested in the SEC

oppodunity and as you may ormay notha* noticed,are beginning to
position themsele s accordingly. As a team ,we belie strongly thatwe
can assistyou in capturing whatyou originally came to the publi
c markets
to get...and then some.
Iknow you'
re pressed fortim e due to the ''French'
'connection. W e
absolutely intend to assistyou in making thathappen butoughtnotwork

in hast. W eare pursuingthisopportunity ESEC)diligently andsuspect

we'
llbe on track soon enough.
Thank you foryourconsideration.
Respectfully,

Ajene W atson

EXH IBIT ''B''Page 1 of 1

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.s
,..
.

GPAV CWPSOCC
M oving Forw ard
ajne@ ajenewatx n.com <ajene@ajenewatson.com>
To:allen@ spacapsule.com
Cc:eric@ enksioncapital.biz,monica@ ajenewatson.com
M r.Licht,
First,Ietm e tellyou thatwe ha* receie d m uch greaterresponse from
oursumm ary than expected. Ourentire team appears to be ry excited
aboutthe prospectofworking wi
th you and cannotwaitto offciall
y get
started.
W ith thatsaid,Eric has informed me ofSEC'S currentsituation. Iknow
yourpositi
on is tough;especially when you're fully confdentaboutthe
com pany'
s future possibilities, Itcan absolutely dri you mad when it
seems no one is Iistening. M r.Licht,we'
re listening.
I'
m comm issioning Eric to take up the task ofgetting ourdealinto place

wi
thSEC. HewillIikely bejoined byourchi
efadsorMr.Bornstein.
W hatIwillbe seeking from you is a Ietterofcom mitmentonce we agree on
the basic term s ofourrelationship. Should this be accom plished next

week,you'llha the $10k you require nextweek. Ouragreementwillthen

be draoedwithinthree businessdays. Let'sIook toha it(agreementl

executed within 48 hours.

W ebre seeking to bring mem bers ofourteam down to FL the week ofAugust

3,2009 (Mon,TuesorW ed)to meetwithyou,yoursta;and partners. l'

d
hope to ha ouragreem entconsummated by then,or,ready to sign thatday
ofourgroup meeting.
W e are cedainly Iooking forward to working with you and SEC and expectto
be successfulb0th in the shortand Iong term .

R ank you foryourtime and consideration. I

thas been a pleasure.
Respectfully,

AjeneW atson

EXHIBIT ''C''Page 1 of 1

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SFWV CAPsuus
Re:Revised Engagem entA greem ent
ajene@ ajenewatx n.com <ajene@ajenewatson.coml
To:Allen Licht<allen.licht@ spacapsule.netl
Cc:eric@enksioncapital.biz,amarcus@ gerstensavage.com

Sun,Aug2,2009at9:04 PM

M r.Licht,

As perourdiscussion regarding the EngagementAgreem entthe necessary changes ha be made.

Additi
onally,aAerhearing yourconcerns,inthe spiritofforminga mutually respectfulrelationship,I'
adjusted
halfofthe monthl
y com pensati
on package to refectwhatyouwere initially requesting.

To thatend,we'?e modifed the Ianguage to refecta qoating rate on the greaterpad ofthe com pensati
on.

Howee r,tohelpin managingforeseeable derivati

accounting i
ssues,we'? subjected oursel sto afoorof
$0.006.
Please appreciate thatthe undesired e#ectofderivati accounting isn'?tsomething mostconsultants care m uch
aboutbecause itreally isn'?ttheirproblem . Howe r,underourbusiness model,itdoes become ourproblem .
On the otherside ofthat,while we could suggesta fooratthe currentmarketprice orbelow it,ourattemptis to

furtherproodeyouwiththe comfod ofknowing thatourobjectisare Iong term. I

fyoudo notseevaluewithin
thenextyear?wedo notsee value. I
t'?sjustthatsimple.
Again,Ihope this gesture sets the tone fora trusting and mutually respectfulrelationship. Ourbusiness m odel
relies heaoly on it.
R ank you again foryourconsideration.
Respectfully,

AjeneW atson

AWLLCandSpacapsuleEngagementAgreement-8-2*9.pdf
,,.

91K

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Spacapsule Mail-Jamestocontad you

SRAjFCAPSULS
Jam es to contactyou
ajene@ ajenewatx n.com <ajene@ ajenewatson.com>

Tue,Aug 11,2009at8:38 AM

To:allen@ spacapsule.com
Cc:james@ajenewatson.com
M r.Licht,

Please be aware thatMr.Jam es Gibbs,from ouroffice,willIikely contactyou today regarding the TransferAgent
issue.

Mr.Gibbs is oursecurities Iogistics manager. He willbe responsible formanaging the nancialand business
rel
ationship between you and the TA,ensuring they'
re paid appropriately and willbecome your''go to''person

regarding yournewlydee lopting)relati

onshipwith theTA. Hewillrequiresomeinformati
onfrom you.
Aswithouroe rallobjecti ,JameswillIook toha* yourTA issuessquared away by month'
s end.
R ank You.
Respectfully,

Ajene W atson

EXHIBIT ''E''Pa e 1 of 1

https:
//mai
l.
googl
e.com/mail
/u/o/?ui=z&i
kcldcga3b3bc&view=pt&as-has=ajeneTgoajenewatson. &..

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 11 of 60

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gt'

SFWV CAPSOL6
Spa-capsule Proposed PR
ajene@ ajenewalm n.com <ajene@ ajenewatson.com>
To:ronni
e@ sykesglobalcommunications.com

Wed,Oct7,2009at11238 PM

Ronnie,

Asdiscussed,herearetheinitialproposed topics ofPR (see bel

ow). Now thatwe'
e begunto 1ay the

groundwork forresponsible shareholderbase building,I'

d Iike to begin releasing substantie news. R e jrstbitof
news should be the com pany's engagem entofAJENE W ATSON,LLC.

As you know we executed this agreementtwo m onths past,so the release willha* to be nice and tight. This is
one ofthe reasons Iproposewe release this news aAerits ree aled we're expanding anotherclient'
s creditfacility

from $500*to $2m m . lbeliee this willassistus in allowing SM EV to gain traction with traders. Notto mention
thatDan wants us to puta sim ilarfacility in place with SMEV. Ibelie* the correlation would becom e obkous.
W hatdo you think?

Ajene

jl
, 34K
SpacapsulePR.doc

EXHIBIT ''F''Page 1 of1

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:t.
k''

srpm' cmpsot-e
C onference Call
ajene@ ajenewalM n.com <ajene@ ajenewatson.com>
Mon,Dec7,2009at11:06AM
To:ella@ spacapsule.com
Cc:allan@ spacapsule.com,ilya@ spacapsul
e.com,monica@ajenewatson.com,james@ ajenewatson.com,
Qncent@ ajenewatson.com,eric@ enksi
oncapital.biz,dbensimon@ austin.rr.com
M rs.Frenkel

W eWillIiketoha* a conferencecallwithyouand managementtomorrow morning (Tuesday,December8,2009)

at10:00 a.m.ET.
Ourteam con ned late Iastni
ghtforan hourorso to discuss the bestways to mo forward with yourcom pany

underthe currentsetofcircumstances. W e ha restrategi

zed ouroriginalplanandcontinue tofeeljustas
conidentin ourability to prokde you with the Ie lofse/ ce you require. Howe r,in orderto prokde our
servces m ostesectie l
y,we willneed to take more extreme acti
ons to ensure thatSM EV indeed becom es
attractie to ine stors,selfemcient,proitable,an in stm entwodhy stock and a safe place forourlenders to sit
capital.

Priorto this call,Iwould appreciate i

tifyouwere to fulfllM rs.M onica Chui-x ru'
?s requestand prokde herwith aIl
ofthe receipts,ine ices,check copies,etc.,rececting the intended use ofthe funds currently drawn down from

yourcreditfacility.Additionally,regardingthenotice(deli
rydatelyou?reexpectedto gi totheFrenchgroup,
please do notrendersuch untilaqerourdiscussion tomorrow. W e need to be precise on the timing and there
may be one oftwo items ofsubstance notthoughtthrough as ofyet.

ItrustalIis well. W e Iook forward to hearing from you regarding yourakalibil

ty fortomom rrow'
s conference,and
again,we are on yourside? ifyou allow us to be.
Respectfully,

Ajene W atosn

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.
v

SFWV .CWPSsjos
Pink Sheet& DTC clean up
ajene@ ajenewafM n.com <ajene@ajenewatson.com>
To:ella@ spacapsule.com,allen@ spacapsule.com,ilya@spacapsule.com
Cc:eric@enksioncapi
tal.biz,dbensimon@ austin.rccom

Mon,Dec 14,2009at3:14 PM

W e willbegin working on cleaning up the pink sheetand DTC issues. ln orderto do this wewillneed to appoint
a shod term Corporate Secretary. l'd like to use one ofourattorneys Mr.Dakd Pri
ce to jIIthis role. He has the
expedise and experi
ence withinthis area ofpink sheetre-org. He'
s already taken a quick iook atthe issue and
is prepared to geton itim mediately.
I
fneeded,please discuss the impodance ofthis o rwith Eric No shen. Once you're com fodabl
e,we willput
him into place. He willthen ha* to work closely with Mr.Bensimon and M s.W iison to getthe fnancialaspect

ofthis matterputtobed;withthethreeofyou (EIla,Allen& Ilya)and myself,he'llassistin creating the summary

doc.

Ifyou should ha any questions,please reach outforme.

Respectfully,

Ajene W atson

EXHIBIT ''H''Page 1 of 1

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SFWV CAPSLJYS
Updates/o uestions
ajene@ ajenewadM n.com <ajeneQ ajenewatson.com>
Tue,Dec 15,2009 at10:15AM
To:ella@spacapsule.com,allen@ spacapsule.com,ilya@ spacapsule.com
Cc:james@ ajenewatson.com,monica@ ajenewatson.com,kncent@ajenewatson.com,israelbornstein@ gmail.com,
eric@ enksioncapital.biz,dbensimon@ austin.rccom
Ladies & Gents,

R e following is an update (in no padi

cul
arorderlasto alIcurrente ntsalongwithafew questions. Ifthere is
anything missing orincorrect,please contribute.

1)W e'
e commissioned Shane(counsel)to dra: the Ioanagreementregardingthe capitalneededto fundthe
initialeightcapsul
es ofthe French order.
l
sraelinitiated this and willcontinue to take point.
lsraelplease prokde an ETA as itis impodantto llya'
s being able to prokde a timeline to the French distributors
thatwe can stick to.

2)Company is inthe processofchanging its transferagency.AlIdocs ha beensubmitted,the new TA has

been formally appointed by the company. AlIthatremains is two docs from the formerTA.
Jam es initiated this and willcontinue to take point.

3)W e ha designateda bookkeepertoassistthe company getinto fnancialshape. Eric Noe shenwilfensure

thatthe company gets into a position where Dan Bensimon and M onica can betterassistwith organizing and
managing the com pany'?s resources.

4)W e are bringing onDakd Price(special

tyattorney)to actasthe Corporate Secretary. Hisfrstorderof

business is to clean up any outstanding Pink Sheetand DTC status issues. R is engagem entshould be fnalby
month's end.

5)Corporatewebsite andinteractie IR pagesare currently underde lopment.Vincentisatpoint.

Vince,is there a new ETA?

6)Trey and Iare strategizing on how besttospeaktothecurrentshareholderbase. lnthe meantime,the

com pany's com munication platform is underdee lopmentand shoul
d be completed by the 28th ofDecem ber.

7)Israeland Iarefairly closeto completinga capitalplanto ensure thefnancingofdomestic purchases by those

persons notreadily inanceable by typicallenders. R e completed plan willbe presentable in January of2010.

EXHIBIT '.1''Page 1 of 2

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8)SEC counsel(Gersten& SaOge)has beenengaged.

9)W hatis going Onwith Elyse Seigal?

Ifpossible,we should ha* a conference callFriday morning,Decemberl8th'
,say,10:00 a.m .EST. Is there
anyone notable to make this call?
ItrustalIis wellwith e ryone, Ifthere are any questions,please contactme and please ha a wonderfulday.
Respectfully,

AjeneW atson

EXHIBIT ''1.'Page 2 of2

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SI
M V ,I
ZZ
AI
DStJL/
M orning's Release (12/29/09)
ajene@ ajenewalM n-com <ajene@ ajenewatson.com>

Tue,Dec29,2009 at12:23AM

Attached youwillfnd this morning'

s(Tuesday,12/29/09)release forSMEV. ltis setto crossthewireat8:30
a.m.(ET)onthe Nationalcircuit.
12-29* 9 SMEV EngagesAW LLC Relea* Version.docx
20K

EXHIBIT ''J''Page 1 of4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 22 of 60

Sim ulated Environm entConcepts Looltsto Lead Business C onsultancy

Firm ,A JEN E W A T SO N ,LL C.

lnanEfforttoStrengthenitsPositl
bn,Makersofspacapsule* WorkClosel
y with
FinancialBusinessDevelopmentStrategisttoPreparefor2010
M iami,Flw--tM arketwire-12/29/09)-SimulatedEnvironmentConcepts,Inc.

(SM EV.PK),makersofthehighjressurizeddrywatermassageandrelaxationstation

Spacapsule,expectthattheirretalning ofthe AJEN E W ATSON ,LLC ,N ew York private

lending and Gnancialbusinessdevelopm entand m anagementfirm ,w illassistthe
com pany in repositioning itselfw ithin the m arketplace in anticipation ofa prosperous
2010.
ltisourexpectation thatunderthe guidance ofthe AJENE W ATSON ,LLC,our
com pany w illachievethe successim agined w hen w e firstbegan nearly 10 years ago,''
stated Dr.EllaFrenkel,Chairwom an and CEO orSim ulated Environm entConcepts,lnc.,
m akers ofSpacapsule.

The com pany w asfounded to design and m anufacture health,fitness,and beauty

equipm entaswellasholistic cosm etic productsto supply the growing dem ands ofa 200

billiondollarindustry.From year-to-yearthecompanyenjoyedjrowthinsalesandthe

breadth ofits distribution channelswith little to no guidance withln the public m arkets.
However,w ith the collapse ofcreditand financialm arkets,likem any com paniesreliant
on thatsystem ,the com pany quickly realized the need to putforth greatercfforttow ards
grow th and successw ithin the public arena asa m eansto continueforwarding operations.
bM y partnersand linitially funded this venture with m illionsofdollarsofourown
capital,''stated Dr.Ilya Spivak,M anaging Partner. $W e firm ly believe in physical,
em otionaland m entalwellness.Thisis partially whatled usto create ourtlagship
product-Spacapsulel . W e w ere challenged by the effectsofgoing public. However,
we were strengthened by the public acceptance ofourproductand businessm odelw ith a
grow ing beliefthatourcompany would stillbecome a valued investm entam ong
shareholders.''
People closeto Simulated EnvironmentConcepts indicated thatthecom pany soughtout
the servicesofA JEN E W ATSON,LLC atthe urging ofitsinvestors. lm pressed by the

listofreferrals,furtherevidencedbythefirm'ssuccesswithmeetingobjectivesforboth
private and publicly traded com panies,m anagem entengaged AJEN E W A TSON ,LLC as
the com pany'slead Consultantin Augustof2009.

t;W ebecam e aware ofSim ulated EnvironmentConceptsback in M arch of '09,''stated

AjeneW atson,ExecutiveM anagingMemberofAJENE W ATSON,LLC.Afterseveral

m eetingsand m onths ofdue diligence and evaluation,we cam eto the conclusion thatof
the m any com panies which courted usthisyear,Sim ulated Environm entConceptswas
indeed one ofthe more prom ising ventures.''

EX HIBIT ''J''Page 2 of4

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Know n forassisting start-up,sm alland/ortledgling com paniesw ith restructuring,

organizing,developing and deploying long term businessplans,the financialbusiness
developm entand managementdivision ofA JEN E W ATSON ,LLC w assigned to a l5-

month,$1.2 million consulting agreementin August.Thefirm receivescompensation in

the form ofcash,restricted stock and preferred shares- w ith restricted and preferred
stock constituting roughly 97% ofpaym ent.
Edf'orthe pastseveralyears,Sim ulated Environm entConceptsconsistently generated a
couple m illion dollarsyearly,''said W atson. Even w ith the collapse ofthe financial
m arkets,the com pany m anaged to m aintain the interestofcustom ersw illing to spend up

to$30kfora Spacapsule. W ith afabulously broad domesticand internationalmarket,

these futuristic and stylish capsule-shaped relaxation stations,in m y hum ble opinion,
scream ed opportunity;an opportunity to be pal'
tofan effortpromoting health and
wellnessthroughoutthe world,in various m arketplaces. W ith com paniessuch as
Google,offering lunchtim e meditation sessionsto itsem ployees,Istrongly believe that
relaxation products like Spacapsule willcom e to be widely used and accepted.''

W atson concluded,i-l-here isnothing worse than a good company that'snotgiven fair

investm ent-m arketrecognition. Simulated Environm entConceptsisone ofthose penny
stock com paniesthatdoesnotdeserve negative connotation,especially given the
experience ofm anagementand quality ofthe product. lfirm ly believe thatw ith our
expertise,the globalappealofthe Spacapsule,m anagem ent'sexperience,m arket
transparency and extrem e corporate discipline,people w illreactpositively - resulting in
unquestionable value forthe com pany.''
D r.Frenkelconcluded,fW hatwe've com eto Iearn aboutthisfirm isthatthey are unlike
any othergroup in the financialservicesindustry w e've encountered. A side from the
experience and acum en the team brings,they are a very patientand dedicated group.
Sincere aboutseeing you succeedsthey seem to give farmore than whatthey take. W e
have m any greatopportunitiesavailable thatwe believe w illm ake 2010 a huge success,
and w ith the assistance ofthe AJEN E W ATSON ,LLC,successseem sem inent.''

Sourcesclose to the com pany indicate thatsince the engagem entofAJEN E W ATSON ,
LLC,Sim ulated Environm entConceptshasalready began to improve internally. N ow
able to take advantage ofseveralopportunitiesw hich can secure revenues forthe next
three to fouryears,Sim ulated Environm entConceptsappears stableand on-track.

AboutSim ulated Environm entConcepts

Sim ulated Environm ent Concepts is the developer of a variety of relaxation products.
For m ore inform ation on Sim ulated Environm ent Concepts and its tlagship product,
Spacapsulel ,you can visitthe com pany's productwebsite atw ww .spacapstlle.com the

EXHIBIT ''J''Page 3 of4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 24 of 60

tem porary corporate IR m anagem ent website at Nsru/w.seccorpol'

ation.coln, or request

moreinformationviaemailatirt
Wrslnacapstlle.com,orcalltoljfreeat(888)757-0797.

Safe Harbor
Statem ents in thisnews release thatare nothistoricalfacts,including statem ents about
plansand expectationsregarding productsand opportunities,dem and and acceptanceof
new orexisting products,capitalresourcesand future financialresultsare forwardlooking.Forward-looking statem ents involve risks and uncertaintieswhich m ay cause the
Com pany's actualresultsin futureperiodsto differmaterially from those expressed.
These uncertaintiesand risksinclude changing consum erpreferences,lack ofsuccessof
new products,lossoftheCom pany'scustom ers,com petition and otherfactorsdiscussed
from tim e to tim e in theCom pany's filingswith the Securitiesand Exchange
Com m ission.
Spacapsule isregistered tradem ark ofSim ulated Environm entConcepts,Inc.
Forfurtherinform ation,contact:
A tThe Com pany:
Sim ulated Environm entConcepts
lnvestorRelationsDepartm ent

(888)757-0797

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A SSIf;N SIENT ()F PR()54ISS()ltY N()-I'1,

-

$10,O00 .0O
1-01-the paylllent ()1-' tlnd otllergood and valtlable eonsitleratikln.tl)e
receiplttlld stlj-t'
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kntlvvledged. 'l-he 'l-ripod ('
.)rotlp.. I.I.
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SN
.'iseollsi1) lil'
nited liabilit) colnpally (--z
Nssignor--)- hereby irrevocabl)' antl
tlncthndilitlnal1).se1ls- transfbrs- assigns- eolps'eys. grants. delivers. vests al'
1kl conl-irn'
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1 I.I-(.
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'Iorida linlited Iiability colnpany (--z
,
Xssijznee--). $1('
).(.
1()()
ttntt.
)'N)
'ene N'
Vatso1.
pri11k:ipaIaluotlnto1-the rigllt.tit1e and ilteresto1-zXssignor in and to the 8f?,
z
i
)Ct
'o13N'
el-1ible
lttldeenlable llebenttlre due l'
-ebl
-tlary 20-2()10 b)'Sinzulated lclns.
'irlllll'
nctlltJ1l ('oncepts.
ll1c.. a l-Iorida corporation (--layee--). to zNssignor iI'
I the original principal anaount o1$5().()f'
)('
)(the --(
ht
'ote-').
,

Assignklr has been the reeord and legal osvncr 01-lhe N

'Iote since its isstlallce on
lt
-ebrtlarl'2()-2008-and no otllerparty has any 1-1
-gllts or114teresttherein.
Assignor hereby coN'enants and agrees that- at ttny tinle and l'roln tilne to tinle
llerettfter upon thc requestol-the Assignce.the Assignor vvilldo.exectlte.acknou ledge
alld dell
-N'el-.or catlse to bttdtpne-cxectlted.acknovvledged and klel1verekl.allstleh lurtller
ttets. deeds. instrtlnlents.translkrs and asstlranees as Illa).
, be reasonabll' requestekl b)'
?
4tisi1

4
;nee 11)orderto eflkcttlate tllis zNssignnaent.
'1-1,
11s z'
Xssignnlentsllallbind and illure tt)the benelitofz
'Nssignorand zxssiS
znee and
theirrespcctiq-e successorsand assiuns.

,1'hiszNssignnlen!shallbe go/ernetlb.y the lasvso1-tl'

)c S.tale o1-N
:'eB.
'h'
'()rk.

lN
' Sy.
'I-1-N 1'SS W'l11:
'R 1:
'(.
)I'. the A ssignor has caused tllis z'
Nssignlplel'
lt t() be
exectlted as ()1-this tIa)'o1-5,
111),
'.2()10.
-1-1
-11'
:
.
-1'
-RI1:(.
)1)('
iI'
t(.
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'.I-1..(.-

1)j.
-:
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N al
-ne:S:1l
ntle1l.
t
'isenberg
-1
-1tle:N'
iIeluber
.

Silnulatekl l-nvironlmental froncepts. lnc. hereby acknovvledges th:ht tlpon

exectltiolA of this A ssignlnent by -l-l4e -l-ripod (Jroup. 1-1.
-(7. it shall recognize a
Alene

'
sl.
'atskll'
1-I-1.(.
-astl'
)eh()1der()1-$10.000o1-theNote.
SIN1
' 1. -A-1-E1) r
N N,
7I11(-N N1l7- 7*-zNI(-()1 l.:
'P'1-..' IN (.
.'
.
.

13),
': Nam e: Ella Frenkel
'l'itlc: President

EXH IBIT ''K''Page 1 of 1

Ma.Y 18 ,2010

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 27 of 60

E xh ib it

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Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 28 of 60

LAW OFFICESOF
DISTRICT OFFICE
1915EYE ST NW
W ASHINGTON.DC 2e 6

D A V ID E.PRIC E
1352:ORIENTAL ST
ROCKVILLE.M D 20853

TEL(202)536-5191

LO NDON O FHCE
O NE GREAT CUM BERLANDPLACE
M ARBLE ARCH.LONDON.W IH7AL

Tonl-ierstrateeies-com
Skype:ToprrierEsq

MONACO OFFICE
SUITE#l,17BLVD DESUISSE
M ONACO 98e

ISM ELOFFICE

FLOOR
DIAM OND TOW ER,.28TH
.

3AJABOTINSKIRD.,RAMAT-GAN 52520

June3rd,2010

Am erican Registrar& Transfer

342 East900 South

SaltLake City,UT 84111

Re:

Sim ulated EnvironmentConcepts.lnc (f ompanv'')

9,900,000commonshares-AjeneW atson,LLC
To W hom thism ay concern,

Thisletteristo aftirm thatlhavebeenretained asindependentCounselto AjeneW atson

LLC in connection with an AssignmentAgreement dated M ay l8th> 20105 by and between Tripod
Group LLC and Ajene Watson LLC. ThisAssi
gnmentassignedaportionofaFebruary20th,atlt)g
,

ConvertibleRedeemable Debenture (tNote'')betweentheCompany and TripodGroup,LLC.

Tripod G roup, LLC & the Company had signed a Convertible Redeem able Debenture
Agreementexecuted on February 20th, 2008. On M ay 18th, 2010, they in turn sold a portion ofthose

rightstoAjeneWatsonLLC,whichnow standsasHolderofsaidnotewithalloriginalrightsinuring

to their benefk and hereby capitalizes thereon.Specitic to this request,there was a new N otice of
C Onversion dated June 2nd, 2010.
Capitalized term s used herein and not othenvise defined herein shallhave the respective
meaningsassigned to such term sin the Agreement. The Agreement,theN otes,and the lrrevocable
Transfer Agent Instructions are hereinaer referred to collectively as the Ifrfransaction
A greem ents.''

In so acting,lhave examined:(i)theabove-referenced underlying Transaction Agreements'

,
(ii) the Company's Articles of Incorporation;as in effecton the date hereof (the tArticles of
Incorporation''),and (iii)theCompany'sBylaws,asineffecton thedatehereof(thet1Bylaws''),as
wellassuch public filingsand docum entsand mattersof1aw as lhavedeemed appropriate asa basis
form y opinionssetforth below .

Based upon the foregoing and subjectto the assumptions,limitations,qualitk ations and
exceptionsstated herein,Iam ofthe opinion thatasofthe date hereof:
l. The Com pany is duly organized,validly existing and in good standing under the laws
ofFlorida,hasal1requisite corporate powerand authority to conductitsbusinessas described in the
Company'smostrecent10K filed October2nd, 2009, and isduly qualified asa foreign corporation to

do businessineachjurisdiction inwhichthenatureofthebusinessconductedby them makessuch

qualifscation necessary and in w hich thefailureto so qualify would have a M aterialAdverse Effect.

EXHIBIT ''L''Page 1 of4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 29 of 60

2. (i)The Company,Tripod Group,LLC and Ajene W atson LLC allhave the requisite
corporate powerand authority to enter into and perform the Transaction Agreements,and to issue the
N otes,Assignments & conversion shares in accordance with thetermsthereof.
3.

The Conversion Shares are duly authorized and,upon issuance in accordance w ith the

termsand conditionsofthe Notesand Assignment(asapplicable)willbe validly issued,fully paid

and non-assessable,and free from aIItaxes,liensand chargesw ith respectto the issuethereof.

4. As of the date hereotl the authorized capital stock of the Company consists of
l1,000,000,000 sharesofCommon Stock,parvalue $.001pershare,ofwhich 85,715,127sharesare
issued and outstanding. A llofsuch outstanding shares have been validly issued and are fully paid

and nonassessable.No sharesofCommon Stock orpreferred stock are subjecttopreemptiverights

or any other sim ilar rights of the shareholders of the Company pursuant to the Articles of
lncorporation or the Bylaw s orby statute orpursuantto any agreementby w hich the Company is

boundofwhichweareaware,andtoourknowledgearenotsubjecttoany liensorencumbrances.
To my knowledge, except as disclosed in Schedule 3(c) to the Agreement, (i) there are no
outstanding options,w arrants,scrip,rights to subscribe to,calls or com mitments of any character
whatsoever relating to,or securities or rights convertible into, any shares of capital stock of the
Company or any of its Subsidiaries, or an-angements by which the Company or any of its
Subsidiaries is or may bccome bound to issue additionalshares ofcapitalstock ofthe Company or

anyofitsSubsidiaries,and (ii)thereareno agreementsorarrangementsunderwhichtheCompany or

any ofits subsidiaries is obligated to registerthe sale ofany ofits ortheirsecurities underthe I933

Act (except the Registration Rights Agreement) and (iii) there are no anti-dilution or price
adjustment provisions contained in any security issued by the Company (or in any agreement
providing rightsto securityholders)thatwillbetriggered bytheissuanceoftheNotes,the W arrants,
the Conversion SharesortheW arrantShares.
5. lhave made such investigation into the law and factasldeem necessary to renderthis
legalopinion,which isthatthese sharesmay be issued withoutrestrictive legend underthe 1933 Act.
6. Otherthan necessary approvalsthathave been obtained,no authorization approvalor
consent of any couft governmentalbody,regulator.y agency,self-regulatory organization or stock
exchange or market,or the shareholders of the Company or,to ourknowledge,any third party is
required to be obtained by the Company forthe issuance and sale ofthe Securities as contem plated
by the Transaction Agreementsortheconsum mation oftheothertransactionscontemplated thereby.
7. To my knowledge,there is no action,suit,proceeding,inquif.
y orinvestigation before
orby any court,public board orbody or any governm entalagency or self-regulatory organization
pending or threatened against or aflbcting the Company or any of its subsidiaries,w herein an
unfavorable decision, ruling or finding w ould have a M aterial Adverse Effect or which would
adversely affectthe validity orenforceability ofortheauthority orability ofthe Company to perform
itsobligationsunderthe TransactionA greementsortheN otes.
8. The Com pany isnotin violation ofany tenn oftheArticlesoflncom oration orBylaws.
N either the Articles of lncorporation nor the Bylaw s of the Com pany are in violation of aware
Business Corporation Law. The execution,delivery and performanue of and com pliance with the

tenus of the Transaction Agreements and the issuance ofthe Notes and the W arrants (and the
Common Stock issuable upon conversion ofthe Notesand upon exercise ofthe W arrants),do not
violate any provision of the Articles of lncorporation or the Bylaws or,to our know ledge, any
provision ofany applicable federalorstate law,rule orregulation. To my know ledge,the execution,
delivery and performance ofand compliance with the Transaction Agreements and the issuance of

EXHIBIT ''L''Page 2 of 4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 30 of 60

theNotesandtheW arrants(andtheCommon Stock issuableuponconversionoftheNotes,andupon

exercise ofthe W arrants)have notresulted and willnotresultin any violation otlorconstitute a
defaultunder (oran eventwhich with the passage oftime orthe giving ofnotice or both would
constitute adefaultunder),orresultin the creation ofany lien,security interestorencumbrance on
theassetsorpropertiesoftheCompanypursuanttoany contract,agreement,instrument,judgmentor

decree binding upon the Company w hich, individually or in the aggregate,would have a M aterial
Adverse Effect.
These opinions are lim ited to the matters expressly stated herein and are rendered solely for
your benefit and may not be quoted or relied upon for any other purpose or by an other person,

exceptthattheopinionsexpressed in paragraphs(3)and (6)above may berelied upon by American

RegistrarasTransferAgent.

The opinions expressed herein are subject to the following assulnptions, limitations,
qualiticationsand exceptions:
l have assumed the genuineness of all signatures, the authenticity of a11 Transaction
Agreementssubmitted to us asoriginals,the conformity with originals ofallTransaction Agreem ents
subm itted to usascopies,the authenticity ofcertificatesofpublic oftk ialsand the due authorization,

execution and delivery ofallTransaction Agreements(exceptthe due authorization,execution and

delivery bytheCompany oftheTransactionAgreements).
A.

lhave assumed thateach ofthe parties to the Transaction Agreem ents otherthan the

AjeneW atson LLC (the otherParties'')hasthe legalright,capacity and powerto enterinto,

enforce and perform a11of its obligations underthe Transaction Agreements. Furthermore,lhave
assum ed the due authorization by each of the Other Parties of a11 requisite action and the due
execution and delivery ofthe Transaction Agreem ents by each of the Other Parties,and thatthe
Transaction A greements are valid and binding upon each of the Other Parties and are enforceable
againsteach OtherParty in accordance with theirterm s.
B.

ln theprocessofmy review ofthe Form l0K and any ofthe otherreportsfiled by the

Company pursuantto Sections 13 or 15(d)ofthe Securities Exchange Actof 1934,as amended,

since the date of the filing of the Form l0K, although l have not engaged in any independent
investigation, and do not assume any responsibility for the accuracy or completeness of the
information contained therein,nothing has come to my attention thatwould lead me to believe that
any of such reports contains any untrue statement of a materialfact or omitled or om its to state a
m aterialfactnecessary in order to make the statements therein,in the lightof circum stances under
which they were made,notm isleading,asofitsGling date.
l am adm itted to practice law in the State of M aryland and a1l Federal Courts of
W ashington,DC including the U S Supreme Court,and lexpressno opinion asto the laws ofany

jurisdiction exceptforthoseofMaryland,Washington,DC,and the Federalsecuritieslawsas

adm inistered by the SEC referred to herein. Forthe purposes of rendering this opinion,lhave

assumedthatifaCourtappliesthelawsofajurisdiction otherthanthelawsofMarylandorthe
DistrictofColumbia,thelawsofsuchotherjurisdiction areidenticalin al1materialrespectsto
the com parable laws ofthe State ofM aryland and the District.The opinions setforth herein are
expressed asofthe datehereofand rem ainsvalid so long asthe docum ents,instrum ents,records
and certificates I have exam ined and relied upon as noted above, are unchanged and the
assum ptions1have m ade,asnoted above,arevalid.

EX HIBIT ''L''Page 3 of 4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 31 of 60

ln sum ,and qualified by the above,Iam ofthe legalopinion thatthe foregoing certificate

may be issucd freeofrcstrictive legend.Thiscertificatemay bepostedto:Ajene WatsonLLC,

48 W allStreet,N ew Y ork,N Y 10005

Sinccrely yours,
*
*

David E.Price,Esq.
DEP/mc
Encl.

EX HIBIT ''L''Page 4 of4

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 32 of 60

E xh ib it

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Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 33 of 60

LAW OFFICESOF

DISTRICTOFFICE
1915EYESTNW
W ASHINGTON,DC 2e 6

DA V D E.PR IC E
13520ORIENTALST
ROCKVILLE,M D20853

TEL (202)536-5191

LONDON OFFICE
ONE GREAT CUM BERLAND PLACE
M ARBLE ARCH,LONDON,W IH7AL

-rtlll-l'
iel-strateuies-cflm
Skype:TopTierEsq

M ONACO OFFICE
SUITE #1,17BLVD DE SUISSE
M ONACO 98e
ISM EL OFFICE
DIAM OND TOW ER,28TH FLOOR
3.:JABOTINSKIRB..RAMAT-GAN 52520

July l4,2010
Pink OTC M arkets,Inc
304 Hudson Street
2nd Floor
New York,N Y 10013
Re:

SIM ULA TED ENVIRO NM ENT CO N CEPTS.INC.- Sufficiencv of

A dequate CurrentInform ation

DearPink O TC M arkets,lnc.
l have been retained as corporate Counsel by Sim ulated Environm ent Concepts, lnc.

(SM EV)a Floridacorporation (the lssuer''),forthe purpose ofrendering thisletterto you with
respectto the inform ation publicly disclosed by the Issuerto you and published in the Pink OTC
Disclosure and N ew s Service. Pink OTC M arkets lnc. is entitled to rely on this letter in
determ ining whether the lssuer has m ade adequate current inform ation publicly available

regardingtheIssuerandthecommonstockofthelssuer(thellsecurities'')withinthemeaningof
Rule 144(c)(2)prom ulgated undertheSecuritiesActof1933,asamended (the securitiesAct'').
l hereby consent to having this letter posted by the lssuer, and to have it published,
accompanying theirdisclosure in the Pink OTC M arketsN ew s Service.lhereby representthatI
am a U .S.resident and that l am licensed to practice 1aw in the United States in the state of
M aryland as w ellasthe federalCourts of the District of Colum bia.1 am perm itted to practice

before the Securitiesand Exchange Commission (the commission'') and lhave not been
prohibited from practice before the Com m ission.ln addition, lhereby representthatneither 1,
nor m y firm ,iscurrently under investigation by any federalorstate regulatory authority forany
violation offederalorstate securitieslaw s.
ln preparing this letter,Ihave exam ined such corporate recordsand otherdocum ents and
such questions of1aw as Iconsidered necessary orappropriate forthe purposesofrendering this

letter;including the Articles of lncorporation and Bylaws as wellas:a) lssuer lnform ation
th
Disclosure, filed Jul
y 13 ,2010,b)Interim Financialreport,Year Ended,Decem ber31St,2009,
filed on July 13th, 2010;c)Interim Financials lStquarterM arch 31St,20l0,filed July 13th,20lO.
.

A sto m atters of fact in this letter,lhave relied upon inform ation from public officials,officers
of the Issuerand other sources,w hich sources Ibelieved to be reliable.ln such exam ination,l
have assum ed the genuinenessofalIsignatures setforth on each docum ent,the authenticity ofal1
originaldocum ents and the conform ity to originaldocum ents ofa1lcopies of such docum entsas
m ay have been supplied to usduring the course ofm y exam ination.

EX H IB IT ''M ''Page 1 of 2

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 34 of 60

ln issuing this Ietter,Irepresentasfollows:

1. That the lssuer Disclosure posted on the OTC Disclosure & N ews Service and publicly

available with regard to the Issuer (i) constitutes dadequate current public inform ation''
concerningthe Securitiesand the Issuerand disavailable''within the meaning ofRule l44(c)(2)
under the Securities Act,(ii) includes a1lof the information that a broker-dealer would be
required to obtain from the Issuer to publish a quotation forthe Securities under Rule 15c2-1l

underthe SecuritiesExchangeActof1934 (the lExchange Act''),(iii)compliesasto form with

the Pink OTC M arkets Guidelines for Providing A dequate Current lnfonnation, w hich are
located on the Internetatw ww.ol-cM arkets.com .
2.Thatthe financialstatem ents ofthe lssuercontained in the lssuerDisclosure w ere notaudited
and are prepared by the com pany w ith M r.Dan Bensim on's supervision.M r.Bensim on is a
Certified Public Accountant.
3.Thatthe Issuer's TransferAgent is Am erican Registrar& Transfer Co-,342 East 900 South,

Salt Lake City,UT 84111,(801) 485-5555.A1l quotes of the company's securities in this
production w ere made by the undersigned from verbalcom m unication w ith the Transfer Agent
during the processofproduction,ensuring the m ostaccurate and tim ely inform ation.

4. That I have (i) personally met with management of the Issuer,(ii) reviewed the lssuer
Disclosure,as amended,published by the Issueron the Pink SheetsNews Service and (iii)
discussed the lssuerD isclosure w ith m anagem ent.

5.Thatto the bestofm y know ledge,after inquiry ofm anagem entand the Board ofDirectorsof
the lssuer,thatneitherthe lssuer,norany ofitsofficers and/ordirectors,or any 5% shareholder
is currently under investigation by any federalor state regulatory authority for any violation of
federalorstate securities law s.
The opinionssetforth herein are expressed asofthe date hereofand rem ain valid so long
asthe docum ents,instrum ents,recordsand certificates lhave exam ined and relied upon asnoted
above,are unchanged and the assum ptions I have m ade,as noted above,are valid.W hile this
letter is intended exclusively foruse by Pink OTC M arkets,lnc.,the sam e ishereby granted full
and com plete rights and perm ission w ithoutany future request to publish this letter as partof
EEo-l-cM arkets.com''forview ing by the public and regulatory agencies.
Sincerely yours,
*
*

David E.Price,Esq.
DEP/m c
cc:Ella Frenkel,Dir.

EX H IB IT ''M ''Page 2 of 2

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 35 of 60

E xh ib it

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Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 36 of 60

AJEN E W ATSO N,LLC

DATE:
August3,2009

48 W allStreet
11th Floor
Manhattan,NY 10005

INVOICE # 1
Monthly

Phcne(646)6814139 email:ajenewatson@ ajenewatson-com

BillTo:
Sim ulated EnvironmentConcepts

For:

AugustRetainerof15 month Consuqing Agreemegt

DESCRIPTION

AMOUNT

AugustRetainer

$15,000

SUBTOTAL $
DISCOUNT

TOTAL $
Make allchecks payableto AJENE W ATSON,LLC

THANK YOU FOR YOUR BUSINESSI

EXHIB IT ''N''Page 1 of77

15.000.00
-

15,000.00

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 37 of 60

AJENE W ATSON,LLC

i!'
7o
P
ja=s2
u
jy
.+
jg.;j
.:j
f
k
.
*
aon '
:=.
.

OATI
11thF*
ux-u-u.- Nx j.

M e(646)*

1Y ema#:afer- e n@ajen&wat<m.
com

BIllTo:

j
o oj
Mo
#cE@#

Fo
rz
AugY Retainerof15m* Consultiag Ag>

Smplate Fze nmentCtm ept

s

DFM DIPTIDN

Numberofsha-

AugA Re nec RESTRICTED STX K

A- RG Y EM'K- Sthafewafe c- asW arrants

l(>
,t
m c
132,= ,%

M TOTAL S
()134/tf71l/dlr
TOTAL $

240.(:/.4:2.
240.1:*.(:1.*

Make11ruwr- esteAJENEW ATK N. LLC

THANKYQUFDRYOURM INESS!

EXHIBIT ''N''Page 2 of77

AD UNT

Nl 10

$1 .%

m 10

$1:$2,%

240.=

240.c .*

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 38 of 60

DEM AND NO TICE FOR STO CK PA YM ENT

(T0BE EXECUTEDBYAR NE W ATSON LLC IN ORDER To
RECEIVEFREETRADING COMMONSTOCK COMPENSATION)
Augllst3,2009

n e undersir ed hereby irrevocably elects to rv ive the sha s of the Company's

CommonStock in lieu ofthepastduemonthlycashpaymentof$15,000,dated AUGUST 3,:0(19,

owed to AJENE W ATSON , LLC CAW LLCD by S< V Corpomtion (Sm bol: S< V),a

Floridacorporation CS< W '). n epaymentofsharesby S< V to AWLLC shallbe*CFI'

O

Trading'' Common Stock of SM EV , pursuant to th. M anagement Business Development

Consulting Agreementbetween A W LLC and S< V dated August2, 2009,shallbe immediately

payAbleshould S< V notsatisfy thepastdue$15,090wilin60days.

FOR VALUE RECEIVED and pursuant to this Demand Notice for Stock Payment
S< V shall issue to AW LLC and its assigns, cert15ca% for the num ber of shares of Freea

TradingCommonStock setforthG low inthenamets)specifedimmediately G low:

5,357,143AJENE W ATSON,LLC

Icertify thatthisrequesthas b n executed by a duly authonled om cerofAJENE W ATSON

LLC .
,
SiN atux:

Name and TitleofSigneln

Address:

AjeneWatson,ExecutiveMana/ngMember
48 W allS- t
11* Floor
M anhattan,NY 10005

SM EV shallissueand delivershxreqofF= Tmding Common Stock via anovernightcourier

whenand wheresuch deliveq isno- ptableorby US PostalServicew1t11eithermethod being
implemented no laterthan 1= businessdaysfollowing v eiptoftltis Demand NoticeforStock
Pam ent.

EXH IBIT ''N''Page 3 of 77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 39 of 60

DEM AND NOTICE FOR STOCK PAYG NT

(ToBEEu ctl'
rEpBY A.
1ENE W ATSON,LLC m ORDERTO
RECEIVEPREFERRED8IIARESAND/ORCASHLD SW ARRANTSCOMPENSATION)
n e undersia ed hereby irrevocably electsto receive 0% H UN DRED TITIRTY -

> 0 THOUSAND ($132,000.00)DOLLARS ofmoney owed to ATENE W ATSON,

LLC CAW ATSON'') by Simulated Environment Concepl (Sm bo1: SMEV), a
Delawarecorm radon CSW V''IviaShn-qofPrefee StockK d/orCasMessW nrrants
ofS< V according to the condiionssetfoA in an EngagAmentageementbetween
AJENE W ATSON,LLC and Sc V dated Sunday,August2'
.u,2009. Accordingly, the
aforemenioned dollaramotmtshallreGecta totalshare am ounteqtlivalentto thatofthe

lowerclosing Bid pricediscounted by 60% orapersbn- price of$0.001,msofM onday,

A ugust3 .

Puauantto thisDemandNotice forStock Paym en: SM EV shallissue to AJENE

W ATSON,LLC,acertilcateorcertifcatesforthenumberofsharesofPreferred Shares

and/orCashlessW srrantssetforthbelow inthennmets)speciiedimmediatelybelow or,

ifaddifonalspace isnecesso ,on an attachm enthereto.
N am e:

AJENE W ATSON,LLC

EW # orSS #:

26-2375463

Address:

P.O .Box 781047

32878-1047

IfSharesareto be issued in thenameof=y personts)otherth% theundersigned,the

undersiR ed willpay a1le nsferand othertaxesand chargespayablew1t11respectthereto.
Demand/lnvoiceDate:

M onday,August3,2009

D em nndfnvoice #:

1 -Retniner

Date ofPricing:

M onday,August3 ,

ApplicablePrice:

$0.001

Num berofPreferred
Sharesand/orCa hless
W srrsntsto be Issued:

132,000,000

Signature:
N am e and Title ofSir er:

Address:

S< V shallissueand deliverPreferred Sbn-qand/orCashlessW nrrnntsviaan ovem ight

courierwhen and where such delivery is acceptable orby U S PostalSew ice w1111eii er
method beingimplemented no laterthan threebusinessdaysfollowing v eiptofthis
DemandNoticeforStock Pam ent.

EXHIBIT ''N''Page 4 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 40 of 60

DEM A ND NOH CE FOR STOCK PAY< NT

(T0 BEEXECUTED BYA.
TENE W ATSON LLC INoltpO To
RECEIVE RF.SIXIUrD co> oN STOCK COMPENSATIONI
n e undersia ed hereby irrevocably elects to receive 0%

HUN DRED EIG HT

THOUSAND ($108,000.00)DOLLARS ofmoney owed to A.

IENE WATSON,LLC
CAWATSON'') by Simulated Ene onmentConcepts (Sm bo1:S< V),a Delaware
coporaion CSW V 'Ivia SharesofResicted Common Stock ofSM EV according to

the condiuons setfo% in an EngagementagreementH tween M ENE W ATSON , LLC

and SM EV dated Sunday,August2'd,2009. Accordingly,the aforem enuoned dollar
amountshallreGectatotalshare amountequivalentto th* ofthelowerclosing Bid price
discotm ted by 60% ora persbare priceof$0.G01,asofM onday, August3d, divided by
theoufKtmndingbalance (- le..JJ##,* # /Jp.* JJ2($*.*28x4:%2=96,428,571x .
Pursth'mtto tllisDemand Nouce forStock PaymentyS* V shallissue to AJENE
W ATSON, LLC,a cerv cate or cee cates for the num ber of shares of Resz cted

Common Stock set forth below in the nsmets) specised immediately below or,if
addiuonals-

isnecessary,onan attachmenthereto.

N am e:

A JENE W ATSON ,LLC

Em # orSS #:

26-2375463

Address:

P.O.Box 781047
32878-1047

IfSharesaretobe issued in the name ofany personts)othertbnn theundeDigned,the

tmdersir edwillpay alle nAferandothertaxesandchargespayablew11 respectthereto.
D em and/lnvoice D ate:

M onday,August3,2009

DemsnM nvoice#:

1-Re niner

Date ofPricing:

M onday# August3rd; 2c09

ApplicablePrice:

$0.001

NumberofSharesof
F= Tmding Com m on
Stock to be Issued:
Sir ature:

108,000,000

Name andTitleofSia er:

Address:

S< V shallissueO d deliversha sofResi cted Common Stock viaan ovem ight
courierwhen and where such delivery isacceptableorby US PostalServicewitheither
methodM ingimplementedno laterthsnlltre- businessdaysfollowing v eiptofthis
Demo d NodceforStock Pam ent.

EXHIBIT ''N''Page 5 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 41 of 60

A ugust3,2009
AJENE W ATSO N,LLC
P.O.Box781047
Orlando,Fl32871 1047
Sim ulated Environm entC oneepts
Attn:Ella Frenkel

(300 651-9200
ToM D .Frenkel:

Madame,

0nthebehalfoftheAJENE WATSON,LLC,aFlorida Comoration,1,Ajene Watsonvamemberand

o cer.am making arequestthatthe DEM AND NOTICES FOR STOCK PAYMENT representative of

Invoice#1(Retainer)bepaidtooursrm.AJENE WATSON,LLC,anddisperseddirectly9om theissuing

company(SimulatedEnvironmentConcepts)asfollows:

Totalof 108.000.000 Shares ofR estrieted Stock

AJEN E W ATSON .LLC:Tax 1> 26-2375463
36,5* ,* 0Shares

SCB & Associates,LLC;Tax117/

/26-1088043
15,000,:00Shares

Envision Capital:Tax ID #20-3640359

AjeneWalon:S.S.#055-58-6967

1G000,* 0Sharo

24.0* ,000Shares

JamesC.Gibbs:S.S.# 125-58-5233
5,000,1)80Shares

MonicaChui-Thu!S.S.#087-70-5531
5,000,:80Shares

VincentRaym ondHess:S.S.# 569-73-6382

2,500,:0 Sharu

UniqueS% tegiesGroup,Inc:Tax117//74-2883009
10,0* ,000Sharu

Totalof132.000.:88 Share:ofPreferred Stock and/or CaslessW arrants

AJEN E W ATSON,LLC:Tax 1D#26-2375463
132.000,000 Shares

NOTE: n e* vereylem thef//alsum l/JeG uerell- e-fag 0NE NtW D#eW EIGHT FNOFX%G D
($108,* )#@fL4#J'andONE HUNDRED THIRH -TWO Flf@t7&1e ($132+ 0)DOZM M '
,
RESPECTIVEL1$fl- anyA#r/,toeplldIn tlq
t Dollm wlthlnJ#days)lv- etxleofthe/ae eadeaf
DEM AND NOTICES F0Rsm f'
f PA Flffr ro#edlyeshare@N tne#?2

Ple% ehaveallsharesforwardedto AJENE W ATSON ,LLC,P.O.Box781047,Orlando,Fl32878-1047.

n ank you.

Respectfully,

AjeneWatson

M anaainaM ember

EXHIBIT ''N''Page 6 of 77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 42 of 60

AJENE W A TSO N,LLC

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DATE:
August31,2009

48 W allStreet
11th Floor
Manhattan,NY 10005

INVO ICE # 2
Monthly

Phone(646)688-4139 email:ajenewatson@ajenewalon.com
For:

BillTo:
SimulatedEnvironm entConcepts

Month ofAugust

DESGRIPTION

AM OUNT

MonthlyPayment
PastDue-AugustCash Rdainer

$3,350
$15,QQQ

SUBTOTAL $

18,350.00

DISCOUNT
TOTAL $

18,350.00

Makea11checkspayabletoM ENE W ATSON.LtC

THM K YOU FOR YOUR BUSINESSI

EXHIB IT ''N''Page 7 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 43 of 60

X
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.ng
.'n

AJENE W ATSO N,LLC

DATFJ
Aug* 31.m

V WK IIm F>
Mnnhxe nvNY $*

M e(O )*

139 ema#aK<- o Qa#ce

BIIlTo:

INVOICE # 2

.
=

Me :

Forz

Simute EnvironmentfMrvwric

Montbd Atlgtst

DEK RIM ON

MlmthsPaymelofR-ldre aA
Month: Paymentd Pf
efe Sl- ae orCashlessWarrants
PastDgeAugu< Retainer:RESTRICTED STX K
PeqtM AUgU< Retalner:1*G $+ &lares andlor shlessW arrants

A BTOTAL $

Nume pfsha-

Pr%

6.7* .=
3,3* .*

K .
* .* 70

t(18.A ,
c
132,A .%

. 10
K . 10

26f1.:1K).c .*

(:113112-:t-11llhI1r

TOTAL $
Makeal&.-

AMour
$4:.2*
$23,4*

$$* .%
5132.%

= .68lm

= .6* .*

2r*.11:1.(m .

'% toAJENEWATK N,LLC

T- KYOUY RYOURBU/NBO I

EXHIBIT ''N''Page 8 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 44 of 60

DEM A ND N O H CE FO R C A SH /STO C K PA M

NT

(To BEm clnlp BY AJEM W ATSON LLC IN ORDERTO

RECEIVEFREETRADING COMMON STOCK COMPENSATION)
AUGUST31,:009

n e undelsir ed hem by irrevruobly elects to v eive the shn- q of the Company's

Common Stx kinlieuoflepastduemonthlycashpaymentof$3,350,datedAUGUST31,2009,

owedtoAJENEWATSON,LLC CAWLLCD bySimulatedEnvkonmentConceptsCorporation

(Sm bol; SMEV),a Florida co oration CSMEW I. n e N m ent of shn- by SMEV to

AW LLC shall be Common Stock of SX V, pursuant to the M anagement Business

DevelopmentConsulting Age mentG tween AW LLC and S< V dated August 2,2009,shall

beimmediatelypayableshouldS< V notsatisfylepastdue$3750within60days.
FOR VA LIJE RECEIVED and pursuant to 1 is Demand Notice for Stock Pam ent
SM EV shallissue to A W LLC and itsassigns,certificatesforthe num berofshares of Com mon

Stocksetfo% below inthenamets)s- ised immediately below;

1,456,522 Sharesto M ENE W ATSON,LLC
Icertify that1 isrequesthas bR n exx uted by a duly authonw .d om cerofAJENE W ATSON,
LLC.
Signatua :

Nameand ThleofSi& ec

AjeneWntqnn,Execv veManagingMember

Add- q:

48 W allSa et
11* Flx r
hlanhaan,F;Y 10005

SMEV shallissueanddeliversharesofCommonStkviaanovemiltcourierwhenandwhere
such delivery isax eptableorby US PostalService w1t11eitherm el od being implemente no
laterth% thv busin- daysfollowing receiptofthisDemandN oticeforStock Pam ent.

EXHIBIT ''N''Page 9 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 45 of 60

DEM AND NOTICE FOR STOCK PAY M ENT

(T0 BEEXECUTEDBY A.1ENEW ATSON LLC m ORPER TO
RECEIVERESTRIG EDCOMMONSTOCK COMPENSATION)
n e undelsi> ed hereby H evocably el tsto v eive FORW THO U SAN D TW 0

HUNDRED ($40.200.00) DOLLARS of money owed to A.lF:W W ATSON, LLC

('SAW ATSON'') by Simulated Environment Concepts (Symbol: S< V),a Florida
corporaion CSX V''Ivia Shn-sofRe> icted Common Stock ofS< V accordingto

the conditionssetforth in an Engagementag= mentbetween AJENE W ATSON,LLC

and S< V dated Stmday, A ugust 2nd,2009. Accordingly,the aforemendoned dollar
am ountshallDflectatotalshare amountequivalentto the closing Bid price discotmted

by20% butcalculatlng nolesstbnn$0.006pershare,asofthelaqtfwdingdaypriorto

the 6m-t fmding date of the new month divided by the o'eennding balance (e= m#e:
N#J#: /$ne8fJlpJx z:%?=5,25*,*00,v?.
Pnmlmntto tllisDemand NoticeforStock Pam ent S< V shallissueto AJENE
W ATSON ,LLC,a certifcate or cerv cates for the n= ber of shnres of Restricted

Common Stock set forth below in the namets) spised immediately below or,if
additionalspaceisnecessary,on an aa chmenthereto.

Name:

AJENE W ATSON,LLC

Em # orSS #:

26-2375463

AdH s:

P.O.Box 781047
32878-1047

IfShn--qareto beissued in thennmeofMy personts)otherth= ie undersigned,the

undersiD edwillpay a11tnmKferand othertaxesandchargespayablewith res- tthemto.

Demnnd/lnvoiceDate:

August31,2009

Dem and/hwoice#:

2
M onday,August31,2009

DateofPricing:
ApplicablePrice:

$0.006

NumberofSharesof
RestrictedCommon
Stock to beIssued:
Signature:

6,700,000
-

Na eand TitleofSignerz
A ddress;

SM EV shallissueand deliversharesofResi cted Common Stock viaan overnight

courierwben and wheresuch delivery isacceptableorby US PostalServicewitheither
m ethod being implem ented no laterfbnn threebusinessdaysfollowing receiptofthis

DemsndNouceforStock Pam ent.

EXHIBIT ''N''Page 10 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 46 of 60

D EM A ND N O TICE FO R STO CK PA Y G N T
G o BEExEclrrEp BVAJENE W ATSON LLC m ORDERTO
RECEIVEPREFERREDSIIARESAND/OR CASHLKV WARRAm COY ENSATION)
n e undersi> ed hereby irrevocably elects to o ive TW ENT Y-TFIREE

THOUSAND FOUR HUNDRED FIFTY ($23,450.00)DOLLARS ofmoney owed to

AJENE W ATSON,LLC CAW ATSOND bySimulatedEnvironmentConcepts(Sm bo1:
S< V),aFloridacorporaion (tCSA V''Ivia SharesofPxferred Stockand/orCashless
WnrrnntsofS* V according to thecone onssetforth in an Engagementar ement
between M ENE W ATSON, LLC and SM EV dated Sunday, August 21 2009
.

Accordingly, the aforemenioned dollar amount shall reiect a total share am ount

equivalentto aSXGIconversion price$0.007pershare.

P= uantto thisDemandNouceforStock Pam ent S< V shallissue to AJENE
W ATSON ,LLC,acee cateorcertifY esforthenumberofshnmesofPreferred Shares

and/orCashlessW n- ntssetforthbelow inthensmets)speced immediatelybelow or,

ifade onalspaceisnecesse ,on an attachmenthereto.
N am e:

AJENE W ATSON,LLC

EW # orSS #:

26-2375463

A ddress:

P.O .Box 781047

32878-1047

IfSharesareto be issued in thennmeofanypersonts)otherthnn theundersir edsthe

undersigned* 1paya11tmnnferandothertaxesand ce gespayablew1t11respectthereto.

Dem andfnvoice Date:

August31,2009

D em anM nvoice #:

DateofM cing:

M onday,August31,2009

ApplicablePrice:

$0.007

N um berofPreferred
Sbsresand/orCashless
W nrrantsto be Issue :

3,350,000

SiR ature:

Nam eand Title of SiR er:

Address:

S< V shallissueO ddeliverPrefermd Shn-saniorCashlessW n- ntsviaanovernight

courierwhen and where such deliveryisner-pe leorby US PostalSeM cewith either
m ethod being im plem ented no latertbnn tbree businessdaysfollow ing v eiptofthis
Dem and N otice forStock Pam ent.

EX HIBIT ''N''Page 11 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 47 of 60

August31,2009

AJENE W ATSO N,LLC

48W allStreet
11lh Floor
sfanhauan,NY 10005

Simulated EnvironmentConeepl
Attn:EllaFrenkel

(30* 651-92*
ToM rs.Frenkel:
M adame,

OntheYhalfofthe AJENE WATSON,LLC,aFlorida Comoration,1,Ajene Watson,amemberand

o cer,am mnking a requestthatthe DEM AN D NOTICES FO R STOCK PAYM ENT representative of

Invoice#2(monthlypam ent)bepaidtoourflrm,AJENE WATSON,LLC,anddisNmeddirectly from

theissuingcompany(SimulatedEnvironmentConcepl)asfollows:

Totalof 6.700.000 Shares ofR estricted Stock

AJENE W ATSON,LLC:Tax 1D#26-2375463
700,000Shares

SCB & Associates,LLC:TaxlD#26-1088M 3

Envision Capital:Tax ID#20-3640359

666,667Shara

AjeneWatson:S.S.#055-58-6967

JamesC.Gibbs:S.S.# 125-58-5233
25:,* : Share

M onicaChui-Tiru:S.S.#087-70-5531
250,000Sharu

VincentRam ond Hess: S.S.#569-73-6382

250,* 0 Shsres

UniqueS% tegiesGroup,lnc:Tax ID#74-28:3009

1.333,3333511ar0

1433,333Shares

1133133 Shares

RichKeys:Tax ID#753-251-018
666,* 7 Sbares

Shara ofPreferred Stock and/or CashlessW arrants(TotalConversion

of3.350.000 Com mon Shares)
AJENE W ATSON,LLC:Tax1D#26-2375463
921,429Common Sharu -or92PreferredShares

SCB & Associates,LLC:Tax ID#26-1088043

285,714Preferre Sharu -or29 Preferred Sharu

EnvisionCapital:Tax 1> 20-3640359

285,714 Com monSharu -or29Preferred Sharu

AjeneWatson:S.S.#055-58-6967
1,0001000Sharo -or100PreferredShares

n r x e * R #n a'n Y FrNr r n n & Y n rNfA T*A %.#% e D TY eD % # r %n

n '.K .-..--...-..A rl.K.. ....

EXHIB IT ''N''Page 12 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 48 of 60

SharesofPreferred Stock and/or Cashless W arrants (TotaIC onversionof33 50.000 C om m on Shares)(Cont'd)

MonicaChui-Thu:S.S.#087-70-5531

JamesC.Gibbs:S.S.# 125-58-5233
142,857Com mon Sharu -oe14Preferred Share

14 Preferred Sharu

VincentRaymondHess: S.S.# 569-73-6382

142,857Common Sbare -or14Preferred Shares

UniqueS% tegiesGroup,Inc:TM ID#74-2883009

285.714 Share -or29Preferred Sbares

142#57Share -or-

RichKeys:TaxID## 753-251-018
142,857Common Share -or14PreferredSharu

NOTE: n eabovere#eca thef-* sum on areduezepre-eallagFORTYTHOUSAND FO HUNDRED

4>#,7*)DOLLAM e d TWENH -THREE F#@l7.
%4#p FOUR SFM M D FIFI'
Y4#2J,#J* DOLM M '
,
RESPECTIVELY;4l- ezde#cltstoepeldln&.,
K D@lJ= wlthnJ#days)frropedlveoftheIndependent
DfM p NOTICES FO#STC K PAFAFU y pectlveshare@#etoe-
Pll
u- haveallsharesforwardedtoAJENE WATSON,LLC,48W allStreetyM anhatlnn,NY 10005.
n ankyou.

Respectfully,

AjeneWatson

Managing Member

n r % @ * >en >#n Y Fr*D r n n DY n rgv R * %#%#r WTPD Z& *er %FY

n '-W ---e---* -- * *%-c -Z'-ex*

EX HIBIT ''N''Page 13 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 49 of 60

AJEN E W ATSO N,LLC

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- r..- ,

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DATE:
Septem ber30, 2009

48 W allStreet
11th R oor
Manhattan,NY 10005

INVOICE # 3
Monthly

Phone(646)688-4139 email:ajen-aatson@ ajenewatson.com

BillTo:
SimulatedEnvironmentConcepts

For:
MonthofSeptem ber

DESCRIPTION

AM OUNT

MonthlyPaym ent

$3,350

PastDueAugustCash Retainer

$15,000

PastDue-AugustInvoice

$3,350

SUBTOTAL $
DISCOUNT
TOTAL $
MakealIcheckspayabletoAJENE W ATSON,LLC

THANK YO U FO R YOUR BUSINESSI

EX HIBIT ''N''Page 14 of77

21.700.00
21,700.00

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 50 of 60

AJENE W ATSON,LLC

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Me paymotd g''u 'Rkl m r- - e a .tEfFkorRke

M@nmN Pa- ntdfNefene SN> and/lrca*po walranl

67
# .%
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pex

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= 3AK

P*KDX AKY RMaKR RESTRG EDM

PaQDU*A/UKReKY Pr- rle andltvc.y*qeo walnl

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lc tm c

D.*10
* . 10

$1* .%

PastGo gukpaymentofR '''' 'e

PmkDuoAugukpRymentdR&hql- gndlerr-qAl- Warmnl

67* =
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SO M
$23.-

SUBTGFAL $
rx.
m 1<
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M .f.tm
M .1.A .Y

* a!1& ''- zYKIENEWATO M U.C

TIIM KYOU O RYDUR Bun Em%l

EXHIBIT ''N''Page 15 of77

0 l
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W .= .

0.* 23

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 51 of 60

DEM AND NO TICE FO R CASH /STOCK PAYM ENT

(To BEEXECUTEB BY A.W,NE W ATSON,LLC IN ORDERTO
RECEIVEFREETRADINGCOMMON STX KCOMPENSATION)
SEN EMBERR 201)9
n e undersigned hereby inw ocably elects to receive the shaxs of the Company's
Common Stock in lieu ofthe pastdue monthly cash pam entof$3,350, zln-.d SEFIEe ER 30,

2009,owed to AJENE W ATSON,LLC CAW LLCD by Simulated Envimnment Concepts

Corporation (Sm bol:SMEV),a Florida corpomtion CSM EV'3. n e pam entof shnee.
q by

S< V to A W LLC shall& Comm on Stock of SX V , p= uantto the M anagementBusiness

DevelopmentConsulting Agv mentbetween AW LLC and S< V O eIIAugust 2, 2009,shall

beimmediatelypayableshouldSM EV notsatisfylepastdue$3750within60days.

FOR VALUE RECEIVED and pursuant to this Demand Notia for Stock Pam entv
S< V shallissue to A W LLC and itsassigns,certiscates forthe numberofshaxxsof Common

Stxksetfo% below inthenamets)specifedimmediatolybelow:

446,667 Sharesto AJEN E W ATSON,LLC
Icertify thatthisM ues'thas b n executed by a duly authongw lom cerofAJENE W ATSON,
LLC.
Sir ature:

Nameand TitleofSir er:

Address:

AjeneWatson,ExxutiveManagingMem%r
48W allS- t
11* Floor
M anhaflxn,NY 10005

SM EV shallissue and delivershn-qof Common Stock viaan overnightcourierwhen and where

such delivery isnzw ptableorby US PostalServicewith eithermethodbeing implemented no
laterth= threebusinessdaysfollowing receiptofthisDemandNoticeforStock Pam ent.

EXHIBIT ''N''Page 16 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 52 of 60

DEM AND NO TICE FOR STO CK PAYM ENT

(T0 BEEXECUTEDBYAJENE W ATSONALLC INORDERTO
RECENEPREFERRED SHARESAND/ORCASIILESSWARRANTSCOMPENSATION)
n e undersigned hereby irrevocably el ts to lrceive TW ENTY
THOUSAND FOUR H UND
THREE
-

RED FIFI'Y ($23,450.00)DOLLARS ofmoney owed to

AJENEWATSON,LLC CAWATSON'')bySimulatedElwironmentConcep? (Symbol:

S< V),aFloridacorporaGon CSX V'IviaSbn- ofPxferred Stockand/orCuhless
WsrmntsofS< V according to thecone onssetforth in an EngagementY eement

be
A tween AJEN E W ATSON , LLC and S< V dated Sunday, August 2m', 2009.
ccordingly, the aforemenfoned dollar amotmt shall renect a total share amount
equivalentto aflxed conversionprice$0.007persbsre.

Pursuantto thisDemandN oiceforStock Pam ent S< V shallissue to AJENE

W ATSON,LLC,acero cateorcee catesforthenumberofsharesofPreferred Shares

and/orCashlessW nrrantssetforthbelow inthennmets)speciKed immediatelybelow or

ifadditionalspaceisneces-

on an attachmenthereto.

N am e:

AJENE N/ATSON,LLC

Em # orSS#:

2&2375463

AdA ss:

P.O.Box781047
32878-1047

IfSbnmsareto be issued in thenameofany personts)otherfhnn theundersir ed,the

undersir ed willpay a11M nKferand ol ertaxesandchargespayablew1t11zespectthereto.
Dem u d/lnvoiceDate:
D ate ofPricing:

September30,2009
3
w adnesday septem ber30* 2009

ApplicableM ce:

$0.007

NumberofPreferred
Shn-qand/orCashless
W n= ntsto beIssued:
Sir ature:

3,350,000

Dem andfnvoice#:

N= e and Title of Sir er:

Address:

SW V shallissueand deliverPxfee ShnmsO d/orCn/hlessW n- ntsviaan ovem ight

courierwhenR d wheresuchdelivery isacceptableorby US PostalServicew11 either
method G ing implemented no laterAsn tbr businessdaysfollowingreceiptofthis
Dem and Notice forStock Pam ent.

EX HIBIT ''N''Page 17 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 53 of 60

DEM AND NO TICE FOR STOCK PAY M ENT

(T0 BE EXECW EPBY A.1ENE W ATSON LIX INORPERTO
RKCEIVERESTRIG EDCoe oN STX KCOMPENSATION)
n e undersi> ed hereby irrevocably electsto receive FORT Y TH OUSA N D TW O

HUNDRED ($40,200.00) DOLLARS of money owed to AJENE W ATSON, LLC

CAW ATSON'') by Simulated Envkonment Concepts (Sm bo1: S< V), a Florida
cop oe on (%CSW V''Ivia SharesofResGcted Common Stock ofS< V nramrding to

the condiuons setforth in an Engagementagreementbetween AJENE W ATSON ,LLC

and S< V dated Sunday,August 2Rd,2009. Accordingly,the aforemenGoned dollar
amountshallrellecta totalslmre amountequivalentto the closing Bid price discounted

by20% butcalculatingnolessthan$0.006yershsre,asofthe1- tradingdaypriorto

the 6m*f fmdlng date of the new month diw ded by the outstanding balance (eu mple:
:4#,2* /$*.* 84##.W X ##%)=J,7J#,###slm).
Pursuantto tlkisDem andNotice forStock Pam ent S< V shallissueto AJENE
W ATSON ,LLC,a certifcate or cee cates for the number of shares of ResG cted

Common Stock set forth below in the namets) specifed immediately below or, if
addiuonalspaceisnecesse ,onanattachmentherdo.
N am e:

AJENE W ATSON,LLC

Em # orSS #:

26-2375463

Add- q:

P.O.Box 781047
32878-1047

IfShnwtqareto beissued in thename ofany pex nts)oierth0 theundersir edythe

undeoignedwillpay a1ltmnKferand othertaxesandchargespayablew11 respectthereto.

DemsndsnvoiceDate:

September30,2009

Dem nndfnvoi #:

D ate ofPricing:

W M nesday,Septem ber30,2009

ApplicablePrice:

$0.006

NumberofSharesof
Resd ctedCommon
Stock to beIssued:

6,700,000

Sir ature:

NameO d TitleofSiN er:

A ddress:

S< V shallissueand deliversharesofRee cted Common Stock viaan ovem ight

courierwhenand where such deliveryisacceptableorby US PostalServicewith either

methodbein!implemente nolaterth% threebusinessdaysfolloe gv eiptofthis

DemandNohceforStock Pam ent.

EXHIBIT ''N''Page 18 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 54 of 60

Septem ber38,2009

AJENE W ATSON,LLC
48W an Street
lltbFloor
M anhattan,NY 1* 05
Sim ulated EnvironmentConcepl
Attn:Ella Frenkel

(305)651-9200
To M zs.Frenkel:
M adnm e,

Onthebehalfofthe M ENE W ATSON,LLC,aFlorida Corporation,1,AjeneWatson,amemberand

o cer,am mnbing arequestthatthe DEM AND NOTICES FOR STOCK PAYM ENT representative of

Invoice#3(montblypayment)bepaidtoourGrmzAJENE WATSON,LLC,anddisperseddirectlyfrom
theissuingcompany(SimulatedEnvironmentConcepts)asfollows:

Totalof6.700.000 Shares ofR estricted Stock

AJENE W ATSON,LLC:Tax 1D#26-2375463
700,800Shares

SCB & Associates,LLC:Tax ID#26-1088043

EnvisionCapital:Tax 117#20-3640359
666,667 Shara

AjeneWatson:S.S.#055-58-6967

JamesC.Gibbs:S.S.# 125-58-5233
250,000Shara

M onicaChui-Tiru:S.S.#087-70-5531
25:,000Shares

VincentRaymond Hess:S.S.#569-73-6382

Unique S% tegiesGroup,lnc:TM 11)#74-2883009

1,333.33335h1r-

250,000 Shares

1/33,333 Shares
1133433 Shares

RichKeys:Tax 1> 753-251-018

666,667 Shares

SharesofPreferred Stock and/orCashlessW arrants(TotalConversion

of3350.000 Com m on Shares)
AJENE W ATSON,LLC:Tax1> 26-2375463
921.429Com m on Sbaru -or92 PreferredShare

SCB & Associates.LLC:Tax 1> 26-1088043

285,714 Preferred Shares -or29Preferred Shares

EnvisionCapital:TaxID#20-3640359
2:5,714Com mon Shares -or29 Preferred Sharo

AjeneWatson:S.S.#055-58-6967
1,000,0* Shares -or100Preferred Shares

n r x e * >Fn a'n er lrNr r o n KNY AKA NWA n * %'x er x Ter eo x lF;l r:

n '-K.-...-....-- A 11-K.-z'--'-

EX HIBIT ''N''Page 19 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 55 of 60

SharesofPreferred Stock and/orC ashless W arrants (TotalConversion

of33 50.000 Com m on Shares)fc ont'd)
JamesC.Gibbs:S.S.# 125-58-5233
142,857Com m on Shara -or14 Preferred Shara

M onicaChui-Tiru:S.S.# 087-70-5531
142,857Sllare -or14 Preferred Shares

VincentRaymond Hess:S.S.#569-73-6382
142.857 Common Shares -or-

UniqueS% tegiesGroup,Inc:Tax1.
> 74-2883009
285,714Shares -or29 Preferred Shara

14 Preferred Shares

RichKeys:Tax ID# #753-251-018

142,857Comm on Shara -or14 Preferred Share

NOTE: n eA #er@ edsthef//i sum ln e G A zrepraentngF/AFF THOUSAND FO HUNDRED

4> #,7*)DOLIAM > #TWENTY-THREE F#@t7> #D FOUR StW DAD FlFFY('JJ,4JW DOLLAM ,
#TJPFW JFFZK fle-u anyA#el/:toepi:In &t& Dollm wl/fa30* # Irw # vem lelndepenent
DSY ND NOTICESFOR JFX S PA Fe fr rupedlvexe e@#etoe#alz

Pleasehaveallsharesfolwarded to AJENE W ATSON,LLC,48 WallStreetsManhattan,NY 10005.

n ankyou.
Respectfully,

AjeneWatson

M anaging M ember

n o a e A %Tn M n Y lrgr r n n rlY n rqT' n * %'* #r x.#Y #E%M *D A n

n '-K...-.- -....- A & .W -A--'.

EXH IBIT ''N''Page 20 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 56 of 60

DATE:
October30,2009

48 W allStreet
11th Floor
Manhattan,NY 100Q5

INVOICE # 4
Monthly

Phcne(646)6814139 email:ajen- tson@ ajen- /on-O m

For:
M onth ofOdober

BillTo:
Simulated Environm entConcepts

DESCRIPTION

AMOUNT

$3,350

MonthlyPaym ent

PastDue-Augustcash Retainer

$15,000
$3,350
$3.350

PastDue -Augustlnvoice
pastDue-septemberInvoice

SUBTOTAL $

25.050.00

DISCOUNT
TOTAL $

25,050.00

Make aIIchecks payable to AJENE W ATSON,LLC

THANK YOU FOR YOUR BUSINESSI

EXH IBIT ''N''Page 21 of 77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 57 of 60

f!R
d
.I!Y.
-F,J
qk
a,
's
.jf
t
.
'
a.
p=
'
s
cu
.

AJENE VfATSO N,LLC

DATK
M - DM

4:* 1111* R-

lNVOlCE#4

ManN> NYl
F- (R*> 1D A *ale- -

MOn*N

alen- > .e

eIIlT@:

For:

DEV RIFNG

Numbeeofse

l>

AMouNT

Mon*#Ply= tdq ''''M m r- f.

-e ,*.M Fe fRkf
* Q# P*ymentd Ple rre Sereea* lfC* 0 W-r
.u11

n.IW,
3.
a.
*

D.

*.
*7:

:40.%
$D.<%

P- @Y
PU DAY

1 .(m e
1zm .
R

* . 10
K.
10

:1*,=
$$&.%

Pe lle

R- - RESTRO sIK K
RG Y Pfefe m - gntporrM l
- warra

6T X

*&

Pu DumAugA PelRentd P* e n re areorce e warrgnl

3,a .%

*.D

$23.

Patll*
PaxDuo>

6.M %
A3*,e

*.
*
* .*70

>@&
= ,*K

O a;CA

ukl
>aymentd R ''''St*
* PaFMMdR'''''M *M
- Pemeud Rp*se &oe ez* cakdeo Wa> nK

SUFTOTAL $

2D.150.1* .*

430.- .*

nlm IA
TOTAL S

.
WQ.1K.A

w
41*.9*.*

M KM ENEWATG KC

THANK YotlFORYQUR QU/NF.S:I

EXHIBIT ''N''Page 22 of 77

0.*7

0.= 3

e.X D

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 58 of 60

DEM AR

NO TICE FOR CASH/STO CK PA YM NT

(1*0 BERXFAII'IVD BYAJENE W ATSON LLC INORDERTo

RECEW EFREETRADm G COMMONSTOCK COMPENSATION)
OW OBER 30,2009

n e undersi> ed hereby irrevocably elects to receive ie sha s of the Company's

Common Stock in lieu oftlle pastdue monthly cash pam entof$3,350,dated OG OBER 30.

2009.owed to AJENE WATSON,LLC CAWLLC'')by Simulate EnvimmnentConcepts

Corpomtion (Symbol:SMEV),a Florida copomtion (GSMEV'). n e pam entofshares by
S< V to AR LC shallie Common Stock of SX V,pursuantto the M anagementBusiness
DevelopmentConsulting Agrx mentY tween AW LLC and S< V dnted August 2,2009,shall

beimmediatelypayableshouldS< V notsatisfythepastdue$3,350within 60days.

FOR VALUE RECEIVED and pursuant to this Demand N otice for Stock Paymenta
SM EV shallissue to AW LLC and itsassir s,certiscatesforthenum berofshax sof Common

Stocksetforthbelow inthenamds)specised immediatelybelow;

478,570 Sharesto AJENE W ATSON ,LLC
lcertify thatthis requesthas be n executed by a duly authoria d om cerof AJE'NE W ATSON,
LLC.
Signatum :
N ame and TitleofSir er:
Address:

AjeneWatqon,ExecutiveManagingMember
48 W allStreet
11*Floor
M anhattan,N Y 10005

SM EV shallissue u d deliversha= of Common Stock viaan overnightcourierwhen and where

suchdelivel isacceptableorbyUS PostalServicewitheithermethodbeingimplementedno
latertIIaIItluvebusinessdaysfollowing receiptofthisDem andNoticeforStock Payment.

EXHIB IT ''N''Page 23 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 59 of 60

DEM AO

N O TIC E FO R STO C K PA YM

NT

(TO BEEM ruu pBY A.

1ANE W ATSON LLC IN ORDERTo
RECEIVEPM R RFFnSM M SAG /ORCASHLV SWARRAG SCOMPENSATION)
n e undersi> ed hereby irrevocably elects to receive

-TIIREE

THOUSAND FOUR HUNDRED FIFTY ($23,450.00)DOLLARS ofmoney owed to

AJENE WATSON,LLC CAW ATSON'')bySimulatedEnvironmentConcepts(Sm bol:
S< V),aFloridacomomtion CSG W 'IviaSharesofPreferred Stock and/orC%hless
W s- tsofS< V according to the condiuonssetfo% in an Engagementv eement
betw n AJENE W ATSON, LLC and S< V dated Sunday, August 2.
1t
', 2009.
Accordingly, the aforemenoned dollar amount shall reflect a total share am ount

eqtlivalenttoafixedconvemionprice$0.007pershare.
Pursuantto tlzisDem= d NouceforStock PaymentyS< V shallissueto AJENE

W ATSON,LLC,acero cateorcee catesforthenumberofsharesofrefe= d Shares

and/orCashlessWnrrnntssetforth below inthennmets)specifedimmediatelybelow or,
ifaddidonalspaceisnecessary,on an attachmenthereto.
Name:

AJENE W ATSON,LLC

EW # orSS #:

26-2375463

Ad&ess:

P.O.Box 781047
32878-1047

lfSharesareto beissued in thennme ofanypersonts)otherthsntheundersir edathe

undersir edwillpay a1ltmnnferand othertaxesand chr gespayablew1t11resw ctthereto.
October30,2009

DemanM nvoiceDate:
Demu dfnvoice#:
DateofPricing:

4
Fridas october30* 2c09

ApplicablePrice:

$0.007

N umberofPreferred
Shn-sand/orCa hless
W xrrantsto beIssued;

3,350,000

Sir ature:
NameandTitleofSir er;
Address:

--

S< V shallissueand deliverPreferred Sba-sand/orCashlessW srrantsviaan ovem ight

oourierwhen and wherex chdelivery isacceptableorby US PostalService* t11either
methodbeing implemented no latertbnn threebusinessdaysfolloe greceiptofthis
Dem and NoticeforStock Payment.

EXHIBIT ''N''Page 24 of77

Case 0:12-cv-62197-WJZ Document 26-1 Entered on FLSD Docket 01/31/2013 Page 60 of 60

DEM A ND NO TICE FOR STO CK PA YG

NT

(To BEEu cln'EpBYAR NE W ATSON LLC INORDERTO

RECEIVERESTRIW EDCOMMON STOCK COMPENSATION)
n eundersi> ed hereby irrevocably electstoreceiveFORW THOUSAND TW O

HUNDRED ($40,200.00) DOLLARS of money owed to AJENE W ATSON, LLC

CAWATSON'') by Simulated Environment Concepts (Sm bol: S* V), a Florida
corporadon CSX V'I via SharesofRestricted Common Stock ofS< V according to

the condiions setforth in an Engagementag= mentbetween AJENE W ATSON,LLC

Accordingly,the aforem enuoned dollar
and SM EV dated Sunday,August2nd, 2009.
amotmtshallreqecta totalshare amountequivalentto the closing Bid price discounted

by 20% ,butcalculaEng no less th% $0.006 persha ,a:ofthe lastM ding day priorto
the flrst e ding date of the new month vided by the oulRtnnding balance (@vn-ple:
N :PJY /;a* #($*.e1x 8e%)=5,15%*o0sln).

Pllmnnntto thisDemand Noice forStock PaymentaSM EV shallissue to AJE'NE

W ATSON,LLC,a certK cate or certilcates for the number of shares of Resz cted

Common Stock set forth below in the namets) specised immediately below or, if
addiuonalspaceisnecesso ,on an attachmenthereto.
Name:
Em # orSS #:

AJENE W ATSON ,LLC

Address:

P.O.Box 781047
32878-1047

26-2375463

IfShnwtqaretobe issued in thenameofanypersonts)olerth% the tmdezsir ed,the

undersir ed willpay alltmnKferandothertaxesandchrgespayablewith mspectthereto.

Demand/lnvoiceDate;

Octoa r30,2009

Demnnd/lnvoice#:

DateofPricing:
ApplicablePrice:
NumberofShnre.
qof
ReM cted Common
StocktobeIssued:

Friday,October30,2009

$0.006
6,700,000

Si> nf- e:
Na eand TitleofSiN er:
Address:

- - --

S< V shalliss'ueand deliversh- sofReqtn'cted Common Stock viamlovem ight

courierwhen M dwheresuchdeliveryisacceptableorbyUS PostalSew icewith either
methodbeingimplementednolaterth0 thr businessdaysfolloe g receiptofthis
DemO d NooceforStock Pam ent.

EXHIBIT ''N''Page 25 of77