On April 28, 2015, Rokwader Inc. entered into Securities Purchase Agreement with Coco Partners, LLC, for the sale of up to 15,250,000 shares of the company's common stock and a warrant to purchase up to 5,900,000 shares of the company's common stock for the purchase price of $6,100,000. In accordance with the Agreement, upon the closing, Mr. Farar will resign as President and Chief Financial Officer and Mr. Saderup will resign as Secretary and as a director and Mr. Robert Wallace, President of Coco Partners, will be appointed a director and President, Chief Financial Officer and Secretary of the company. Messrs.

Farar and Dorff will remain directors of the company together with Mr. Wallace.