Effective as of July 23, 2015, GrowBlox Sciences, Inc. announced that Cathryn Kennedy, Chief Financial Officer, has elected not to accept a newly offered position with the company, but has elected rather to resign and seek a new position in a different industry. The company is currently negotiating a separation agreement with Ms. Kennedy and anticipates that it will consummate a mutually acceptable agreement with Ms. Kennedy within the next two weeks. There can be no assurance that the company and Ms. Kennedy will enter into such agreement upon mutually acceptable terms. Effective July 27, 2015 the company's board of director hired John Poss as the company's new Chief Financial Officer.

For the past three years Mr. Poss served as Chief Executive Officer of Experiential Teaching Online Corp. The company is currently discussing with Mr. Poss an employment agreement under which he will serve on a full-time basis as the company's Chief Financial Officer and as a member of the board of directors of the company. There is no assurance that such agreement will be entered into on terms acceptable to the company, if at all.