Supportsave Solutions (OTC BB:SSVE)

On June 27, 2011, Mr. Joseph Duryea, our former President, filed a complaint (the “Complaint”) against us in the United States District Court for the District of Nevada (Case No. 2:11-cv-01054-GMN CWH) alleging breach of contract, breach of the covenant of good faith and fair dealing, tortious breach of contract, and fraud (the “Litigation”) in relation to an employment agreement (the “Employment Agreement”) we entered into with him on January 15, 2010.

On September 15, 2011, we entered into a settlement agreement (the “Settlement Agreement”) with Mr. Duryea to resolve the above Litigation. Under the terms of the Settlement Agreement, we agreed to pay Mr. Duryea a total of $85,000 (the “Settlement Funds”). Of this total amount, we agreed to pay $45,000 upon execution of the Settlement Agreement and the remaining $40,000 shall be paid in four equal installments, payable on or before October 15, 2011, November 15, 2011, December 15, 2011 and January 15, 2012.

On September 9, 2011 we entered in to an Amendment (the “Amendment”) to the Settlement Agreement (the “Agreement”) we entered into on February 28, 2011 with Joseph Charles Loomis (the “Debtor”). Under the Agreement, as detailed more fully in the Current Report on Form 8-K filed with the SEC on March 3, 2011, the Debtor was paid $200,000 and permitted 180 days to sell his shares of stock for a price of not less than $0.35 per share for a total payout of $500,000. Any shares not sold would then be purchased by us. At the end of the 180 days, however, the Debtor was unable to sell his shares and we were unable to pay him the remaining $300,000 for his shares.