On July 3, 2013, Jim Dorst gave notice of resignation from his positions as Chief Financial Officer and Chief Operating Officer of Spectrascience Inc. Mr. Dorst will continue in his positions for a transition period ending July 15, 2013. The company expects that Michael P. Oliver, the company's President and Chief Executive Officer, will assume the duties of Chief Financial Officer and Chief Operating Officer on July 16, 2013 until a new Chief Financial Officer is hired, and Mr. Oliver will continue under his prior compensation arrangement without change.