Tranche Update on Bluedrop Performance Learning Inc.'s Equity Buyback Plan announced on March 26, 2018.

BPLI Holdings Inc., formerly Bluedrop Performance Learning Inc., is engaged in designing, developing and delivering workplace training for individuals and the public sector. The Company's segments include Bluedrop Learning Networks, Bluedrop Training and Simulation, and Corporate and Other. The Bluedrop Training and Simulation segment is a provider of training solutions for the defense sector. It provides a suite of products and services ranging from training needs analysis and design, courseware and technical documentation, training information management systems, training program delivery, virtual reality-based trainers and simulators and in service support for larger simulators and programs. The Bluedrop Learning Networks segment is engaged in the development and adoption of software-as-a-services (SaaS)-based training and delivery platform providing customers with the ability to engage, track training and monitor training of users groups spread out of multiple locations.