On July 19, 2012, Net Talk.com, Inc. finalized extending the maturity date to December 31, 2013 for each of (i) certain 12% Senior Secured Debenture in the aggregate principal amount of $7,266,130 and (ii) certain 12% Senior Secured Debenture in the aggregate principal amount of $4,950,000. Such extension agreement is effective as of June 30, 2012. The company announced the Sixth Amendment to the Articles of Incorporation attached to as Exhibit A, which amends and modifies designations for the Series A Preferred Stock to (i) change the Maturity Date from July 1, 2013 to December 31, 2013 and (ii) to change the date that dividends are due and payable to the Maturity Date, as modified by this Modification.