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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Securities Exchange Act of 1934</B></P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of Earliest event Reported):
December 20, 2011</P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Novagen Solar Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 31%; border-bottom: black 1.5pt solid; line-height: 115%; font-weight: bold; text-align: center">Nevada</TD>
    <TD STYLE="width: 2%; line-height: 115%; font-weight: bold">&nbsp; &nbsp;</TD>
    <TD STYLE="width: 28%; border-bottom: black 1.5pt solid; line-height: 115%; font-weight: bold; text-align: center">333-149617</TD>
    <TD STYLE="width: 4%; line-height: 115%; font-weight: bold">&nbsp; &nbsp;</TD>
    <TD STYLE="width: 35%; border-bottom: black 1.5pt solid; line-height: 115%; font-weight: bold; text-align: center">98-0471927</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 115%; text-align: center">(State or other jurisdiction of incorporation or organization)</TD>
    <TD STYLE="line-height: 115%; text-align: center">&nbsp; &nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Commission</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">File Number)</P></TD>
    <TD STYLE="line-height: 115%; text-align: center">&nbsp; &nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(IRS Employer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Identification No.)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">3044 Bloor Street W, Suite 1440</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Toronto, Ontario M8X 2Y8</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices and
Zip Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(647) 456-9521</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Registrant's telephone number, including area
code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT>&#9;Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT>&#9;Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a -12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT>&#9;Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d - 2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT>&#9;Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">This report contains forward-looking statements. The forward-looking
statements are contained principally in the sections entitled &ldquo;Description of Business,&rdquo; &ldquo;Risk Factors,&rdquo;
and &ldquo;Management&rsquo;s Discussion and Analysis of Financial Condition and Results of Operations.&rdquo; These statements
involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements
to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements are identified by terms such as &ldquo;anticipates,&rdquo; &ldquo;believes,&rdquo; &ldquo;could,&rdquo;
&ldquo;estimates,&rdquo; &ldquo;expects,&rdquo; &ldquo;intends,&rdquo; &ldquo;may,&rdquo; &ldquo;plans,&rdquo; &ldquo;potential,&rdquo;
&ldquo;predicts,&rdquo; &ldquo;projects,&rdquo; &ldquo;should,&rdquo; &ldquo;would&rdquo; and similar expressions intended to identify
forward-looking statements. Forward-looking statements reflect our current views with respect to future events, are based on assumptions
and are subject to risks and uncertainties. Given these uncertainties, undue reliance should not be placed on these forward-looking
statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Forward-looking statements represent our estimates and assumptions
only as of the date of this report. This report and the documents that we reference and filed as exhibits to this report should
be read completely and with the understanding that our actual future results may be materially different from what we expect. Except
as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual
results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available
in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Except where the context otherwise requires and for the purposes
of this report only, &ldquo;Novagen,&rdquo; the &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;us,&rdquo; and &ldquo;our&rdquo;
refer to the Registrant; &ldquo;Exchange Act&rdquo; refers to the Securities Exchange Act of 1934, as amended; &ldquo;Board&rdquo;
refers to the board of directors of the Company; &ldquo;NRS&rdquo; refers to the Nevada Revised Statutes; &ldquo;SEC&rdquo; refers
to the United States Securities and Exchange Commission; and &ldquo;Securities Act&rdquo; refers to the Securities Act of 1933,
as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>ITEM 5.01&#9;CHANGES IN CONTROL OF REGISTRANT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">On December 20, 2011, Twenty Second Trust, a trust organized under
the laws of the State of Queensland, Australia to conduct any lawful business (including but not limited to investing in the Company),
acquired 29,297,600 shares of the Company&rsquo;s common stock from shareholders of the Company for aggregate cash consideration
of $226,484.16 paid from the cash assets of the trust through several private transactions exempt from registration under section
4(1) of the Securities Act of 1933, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">As a result of the above-referenced acquisitions of the Company&rsquo;s
common stock, as of December 20, 2011, Twenty Second Trust directly owns 67.0% of the Company&rsquo;s common stock and thereby
controls the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Micheal P. Nugent, who is a director, President and Chief Executive
officer of Novagen, is the sole trustee of Twenty Second Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 10 DISCLOSURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Since the acquisitions by Twenty Second Trust has resulted in a
change of control of the Company, we are providing the following information that would be required if the Company were filing
a general form for registration of securities on Form 10 under the Exchange Act reflecting the Company&rsquo;s common stock upon
consummation of the change in control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Except as provided below, to the extent required by Item 5.01 of
Form 8-K, the information contained in our Registration Statement on Form S-1, declared effective February 4, 2011 (Commission
File Number 333-169103), is hereby incorporated by reference into this Item 5.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">To the extent required by Item 5.01 of Form 8-K, the financial statements
and Management&rsquo;s Discussion and Analysis of Financial Condition and Results of Operations for the years ended December 31,
2010 and 2009 contained in our Annual Report on Form 10K, filed March 30, 2011, and for the interim period ended September 30,
2011 contained in our Quarterly Report on Form 10Q filed November 14, 2011, are hereby incorporated by reference into this Item
5.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table sets forth, as of December 20, 2011, information
concerning ownership of the Company&rsquo;s securities by (i) each Director, (ii) each executive officer, (iii) all directors and
executive officers as a group; and (iv) each person known to the Company to be the beneficial owner of more than five percent of
each class. The number and percentage of shares beneficially owned includes any shares as to which the named person has sole or
shared voting power or investment power and any shares that the named person has the right to acquire within 60 days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="border-top: windowtext 1pt solid; border-right: windowtext 1pt solid; border-left: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: windowtext 1pt solid; border-right: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: center">Beneficial Ownership</TD></TR>
<TR STYLE="text-align: right; vertical-align: middle">
    <TD STYLE="width: 45%; border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; padding: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Name of Beneficial Owner</P></TD>
    <TD STYLE="width: 23%; border-top: windowtext 1pt solid; border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Title of Class</P></TD>
    <TD STYLE="width: 19%; border-top: windowtext 1pt solid; border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Number of Shares Beneficially Owned</P></TD>
    <TD STYLE="width: 13%; border-top: windowtext 1pt solid; border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 0.05in; padding-left: 0.05in">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Percentage</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">of</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Class</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%">Micheal Peter Nugent (1)</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: center">Common Stock</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">29,297,600</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">67.0%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%">Michael Norton Smith</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: center">Common Stock</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">Nil</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">Nil</TD></TR>
<TR>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%">All directors and executive officers, as a group</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: center">Common Stock</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">29,297,600</TD>
    <TD STYLE="border-right: windowtext 1pt solid; vertical-align: top; border-bottom: windowtext 1pt solid; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">67.0%</TD></TR>
<TR>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%">Twenty Second Trust (1)</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: center">Common Stock</TD>
    <TD STYLE="border-right: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-top: 0.05in; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">29,297,600</TD>
    <TD STYLE="border-right: windowtext 1pt solid; vertical-align: top; border-bottom: windowtext 1pt solid; padding-right: 0.05in; padding-left: 0.05in; line-height: 115%; text-align: right">67.0%</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>&nbsp;</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><SUP>(1)&#9;</SUP>By operation
of Rule 16a-8 of the Exchange Act of 1934, as amended, the holding of 29,297,600 shares of the Company&rsquo;s common stock by
Twenty Second Trust is attributable to Micheal Peter Nugent as the sole trustee of Twenty Second Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The mailing address for all directors, executives officers and beneficial
owners of more than 5% of our common stock is 3044 Bloor Street West, Suite 1440, Toronto, ON M8X 2Y8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Unless otherwise noted, we believe that all persons named in the
table have sole voting and investment power with respect to all shares of common stock beneficially owned by them. For purposes
hereof, a person is considered to be the beneficial owner of securities that can be acquired by such person within 60 days from
the date hereof, upon the exercise of warrants or options or the conversion of convertible securities. Each beneficial owner's
percentage ownership is determined by assuming that any such warrants, options or convertible securities that are held by such
person (but not those held by any other person) and which can be exercised within 60 days from the date hereof, have been exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>DIRECTORS AND EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0">Directors and Executive Officers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following sets forth our directors, executive
officers, promoters and control persons, their ages, and all offices and positions held. Directors are elected for a period of
one year and thereafter serve until the stockholders duly elect their successor. Officers and other employees serve at the will
of the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Name</B></P></TD>
    <TD STYLE="width: 38%; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Position</B></P></TD>
    <TD STYLE="width: 8%; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Age</B></P></TD>
    <TD STYLE="width: 25%; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><B>Period Served as</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><B>Director/Officer</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Micheal P. Nugent</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">CEO, President and a director</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">48</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">2011 to present</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Michael Norton-Smith</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">CFO, Secretary and a director</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">65</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2011 to present</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Micheal Nugent</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Micheal P. Nugent has served as the President, Chief Executive Officer
and as a director of the Company since December 2011. Mr. Nugent has held senior executive positions and directorships with public
and private companies in the United States and Australia since 1995. He is a certified diesel fitter in Australia. Mr. Nugent&rsquo;s
technical and corporate experience is expected to assist the Company with its efforts to implement profitable operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">During the past five years, Mr. Nugent has held the following positions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 16%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-weight: bold; border-bottom: Black 1pt solid">Position(s) Held</TD>
    <TD NOWRAP STYLE="width: 6%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-weight: bold; border-bottom: Black 1pt solid">From</TD>
    <TD NOWRAP STYLE="width: 9%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-weight: bold; border-bottom: Black 1pt solid">To</TD>
    <TD NOWRAP STYLE="width: 37%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-weight: bold; border-bottom: Black 1pt solid">Employer</TD>
    <TD NOWRAP STYLE="width: 32%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-weight: bold; border-bottom: Black 1pt solid">Business Operations</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2011</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Loadstone Motor Corporation Pty Ltd.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">engine development and manufacture</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">director, CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2009</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Roadships Holdings, Inc.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">transport logistics</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">director, CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2008</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Nugent Aerospace, Inc.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">director, CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2008</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Fire From Ice, Inc.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2006</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Adbax Truckside Management Pty Ltd.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">transport industry service provider</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">CEO</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2003</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Cycclone Magnetic Engines, Inc.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">engine development</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">director</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">2001</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">Roadships Australia Pty Ltd.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%">transportation logistics</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid">director</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid">2001</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid">Present</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid">Bronzelink Pty Ltd.</TD>
    <TD NOWRAP STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid">holding company</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Michael Norton-Smith</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Michael Norton-Smith has served as a director of the Company as
well as its Treasurer and Secretary since December 2011. As Treasurer of the Company, Mr. Norton-Smith acts as the Company&rsquo;s
Chief Financial Officer and Principal Accounting Officer. Mr. Norton-Smith, is a certified public accountant in Australia with
35 years of financial and corporate experience. His engagement is expected to assist the Company with its efforts to implement
profitable operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">During the past five years, Mr. Norton-Smith has held the following
positions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-size: 9pt; font-weight: bold; border-bottom: Black 1pt solid">Position(s) Held</TD>
    <TD STYLE="width: 6%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-size: 9pt; font-weight: bold; border-bottom: Black 1pt solid">From</TD>
    <TD STYLE="width: 8%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-size: 9pt; font-weight: bold; border-bottom: Black 1pt solid">To</TD>
    <TD STYLE="width: 38%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-size: 9pt; font-weight: bold; border-bottom: Black 1pt solid">Employer</TD>
    <TD STYLE="width: 29%; padding-right: 0.7pt; padding-left: 0.7pt; border-top: Black 1pt solid; font-size: 9pt; font-weight: bold; border-bottom: Black 1pt solid">Business Operations</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2009</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">ACN 108 217 947 Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">accounting &amp; taxation services</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Chief Financial Officer</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2011</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Loadstone Motor Corporation Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">engine development and manufacture</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2003</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Patanga Investments Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">consulting services</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary, CFO</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Remote Contractors Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">earthmoving contractor</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2006</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Classic Livestock Management Services Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">livestock assessment</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Coldgold Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">abalone farming</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2007</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">MNSRA Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">plantation investment</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Platinum River Developments Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">property development</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Queensland Venture Capital Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Southdav Australia Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director, Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Southdav Pacific Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Director/Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">2010</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">JJM Property Investments Pty Ltd</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; line-height: 115%; font-size: 9pt">non-operating</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid; font-size: 9pt">Director/Secretary</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid; font-size: 9pt">2009</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid; font-size: 9pt">Present</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid; font-size: 9pt">Carbonleaf Limited</TD>
    <TD STYLE="padding-right: 0.7pt; padding-left: 0.7pt; border-bottom: Black 1pt solid; font-size: 9pt">non-operating</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Family Relationships:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is no family relationship among any of
our officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Involvement in Certain Legal Proceedings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Except as noted herein or below, during the
last ten years none of our directors or officers have:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">(1)</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">had any bankruptcy petition filed by or against any business of which such person was a general
partner or executive officer either at the time of the bankruptcy or within two years prior to that time;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">(2)</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">been convicted in a criminal proceeding or subject to a pending criminal proceeding;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">(3)</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated,
of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement
in any type of business, securities or banking activities; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">(4)</FONT><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">been found by a court of competent jurisdiction in a civil action, the Commission or the Commodity
Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed,
suspended, or vacated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in"><B>NOVAGEN SOLAR INC.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in"><U>/s/ Micheal P. Nugent</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">Micheal P. Nugent, President &amp; CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in">Date: December 20, 2011</P>


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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest event Reported):
December 20, 2011
Novagen Solar Inc.
(Exact name of registrant as specified in its
charter)
Nevada
333-149617
98-0471927
(State or other jurisdiction of incorporation or organization)
(Commission
File Number)
(IRS Employer
Identification No.)
3044 Bloor Street W, Suite 1440
Toronto, Ontario M8X 2Y8
(Address of principal executive offices and
Zip Code)
(647) 456-9521
(Registrant's telephone number, including area
code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
£
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
£
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a -12)
£
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d - 2(b))
£
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This report contains forward-looking statements. The forward-looking
statements are contained principally in the sections entitled "Description of Business," "Risk Factors,"
and "Management's Discussion and Analysis of Financial Condition and Results of Operations." These statements
involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements
to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements are identified by terms such as "anticipates," "believes," "could,"
"estimates," "expects," "intends," "may," "plans," "potential,"
"predicts," "projects," "should," "would" and similar expressions intended to identify
forward-looking statements. Forward-looking statements reflect our current views with respect to future events, are based on assumptions
and are subject to risks and uncertainties. Given these uncertainties, undue reliance should not be placed on these forward-looking
statements.
Forward-looking statements represent our estimates and assumptions
only as of the date of this report. This report and the documents that we reference and filed as exhibits to this report should
be read completely and with the understanding that our actual future results may be materially different from what we expect. Except
as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual
results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available
in the future.
Except where the context otherwise requires and for the purposes
of this report only, "Novagen," the "Company," "we," "us," and "our"
refer to the Registrant; "Exchange Act" refers to the Securities Exchange Act of 1934, as amended; "Board"
refers to the board of directors of the Company; "NRS" refers to the Nevada Revised Statutes; "SEC" refers
to the United States Securities and Exchange Commission; and "Securities Act" refers to the Securities Act of 1933,
as amended.
ITEM 5.01	CHANGES IN CONTROL OF REGISTRANT
On December 20, 2011, Twenty Second Trust, a trust organized under
the laws of the State of Queensland, Australia to conduct any lawful business (including but not limited to investing in the Company),
acquired 29,297,600 shares of the Company's common stock from shareholders of the Company for aggregate cash consideration
of $226,484.16 paid from the cash assets of the trust through several private transactions exempt from registration under section
4(1) of the Securities Act of 1933, as amended.
As a result of the above-referenced acquisitions of the Company's
common stock, as of December 20, 2011, Twenty Second Trust directly owns 67.0% of the Company's common stock and thereby
controls the Company.
Micheal P. Nugent, who is a director, President and Chief Executive
officer of Novagen, is the sole trustee of Twenty Second Trust.
FORM 10 DISCLOSURE
Since the acquisitions by Twenty Second Trust has resulted in a
change of control of the Company, we are providing the following information that would be required if the Company were filing
a general form for registration of securities on Form 10 under the Exchange Act reflecting the Company's common stock upon
consummation of the change in control.
Except as provided below, to the extent required by Item 5.01 of
Form 8-K, the information contained in our Registration Statement on Form S-1, declared effective February 4, 2011 (Commission
File Number 333-169103), is hereby incorporated by reference into this Item 5.01.
To the extent required by Item 5.01 of Form 8-K, the financial statements
and Management's Discussion and Analysis of Financial Condition and Results of Operations for the years ended December 31,
2010 and 2009 contained in our Annual Report on Form 10K, filed March 30, 2011, and for the interim period ended September 30,
2011 contained in our Quarterly Report on Form 10Q filed November 14, 2011, are hereby incorporated by reference into this Item
5.01.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT
The following table sets forth, as of December 20, 2011, information
concerning ownership of the Company's securities by (i) each Director, (ii) each executive officer, (iii) all directors and
executive officers as a group; and (iv) each person known to the Company to be the beneficial owner of more than five percent of
each class. The number and percentage of shares beneficially owned includes any shares as to which the named person has sole or
shared voting power or investment power and any shares that the named person has the right to acquire within 60 days.
Beneficial Ownership
Name of Beneficial Owner
Title of Class
Number of Shares Beneficially Owned
Percentage
of
Class
Micheal Peter Nugent (1)
Common Stock
29,297,600
67.0%
Michael Norton Smith
Common Stock
Nil
Nil
All directors and executive officers, as a group
Common Stock
29,297,600
67.0%
Twenty Second Trust (1)
Common Stock
29,297,600
67.0%
(1)
By operation
of Rule 16a-8 of the Exchange Act of 1934, as amended, the holding of 29,297,600 shares of the Company's common stock by
Twenty Second Trust is attributable to Micheal Peter Nugent as the sole trustee of Twenty Second Trust.
The mailing address for all directors, executives officers and beneficial
owners of more than 5% of our common stock is 3044 Bloor Street West, Suite 1440, Toronto, ON M8X 2Y8.
Unless otherwise noted, we believe that all persons named in the
table have sole voting and investment power with respect to all shares of common stock beneficially owned by them. For purposes
hereof, a person is considered to be the beneficial owner of securities that can be acquired by such person within 60 days from
the date hereof, upon the exercise of warrants or options or the conversion of convertible securities. Each beneficial owner's
percentage ownership is determined by assuming that any such warrants, options or convertible securities that are held by such
person (but not those held by any other person) and which can be exercised within 60 days from the date hereof, have been exercised.
DIRECTORS AND EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
Directors and Executive Officers
The following sets forth our directors, executive
officers, promoters and control persons, their ages, and all offices and positions held. Directors are elected for a period of
one year and thereafter serve until the stockholders duly elect their successor. Officers and other employees serve at the will
of the Board.
Name
Position
Age
Period Served as
Director/Officer
Micheal P. Nugent
CEO, President and a director
48
2011 to present
Michael Norton-Smith
CFO, Secretary and a director
65
2011 to present
Micheal Nugent
Micheal P. Nugent has served as the President, Chief Executive Officer
and as a director of the Company since December 2011. Mr. Nugent has held senior executive positions and directorships with public
and private companies in the United States and Australia since 1995. He is a certified diesel fitter in Australia. Mr. Nugent's
technical and corporate experience is expected to assist the Company with its efforts to implement profitable operations.
During the past five years, Mr. Nugent has held the following positions:
Position(s) Held
From
To
Employer
Business Operations
CEO
2011
Present
Loadstone Motor Corporation Pty Ltd.
engine development and manufacture
director, CEO
2009
Present
Roadships Holdings, Inc.
transport logistics
director, CEO
2008
Present
Nugent Aerospace, Inc.
non-operating
director, CEO
2008
Present
Fire From Ice, Inc.
non-operating
CEO
2006
Present
Adbax Truckside Management Pty Ltd.
transport industry service provider
CEO
2003
Present
Cycclone Magnetic Engines, Inc.
engine development
director
2001
Present
Roadships Australia Pty Ltd.
transportation logistics
director
2001
Present
Bronzelink Pty Ltd.
holding company
Michael Norton-Smith
Michael Norton-Smith has served as a director of the Company as
well as its Treasurer and Secretary since December 2011. As Treasurer of the Company, Mr. Norton-Smith acts as the Company's
Chief Financial Officer and Principal Accounting Officer. Mr. Norton-Smith, is a certified public accountant in Australia with
35 years of financial and corporate experience. His engagement is expected to assist the Company with its efforts to implement
profitable operations.
During the past five years, Mr. Norton-Smith has held the following
positions:
Position(s) Held
From
To
Employer
Business Operations
Director, Secretary
2009
Present
ACN 108 217 947 Pty Ltd
accounting & taxation services
Chief Financial Officer
2011
Present
Loadstone Motor Corporation Pty Ltd
engine development and manufacture
Director, Secretary
2003
Present
Patanga Investments Pty Ltd
consulting services
Director, Secretary, CFO
2010
Present
Remote Contractors Pty Ltd
earthmoving contractor
Director
2006
Present
Classic Livestock Management Services Pty Ltd
livestock assessment
Director
2010
Present
Coldgold Ltd
abalone farming
Director
2007
Present
MNSRA Pty Ltd
plantation investment
Director, Secretary
2010
Present
Platinum River Developments Pty Ltd
property development
Director, Secretary
2010
Present
Queensland Venture Capital Pty Ltd
non-operating
Director, Secretary
2010
Present
Southdav Australia Pty Ltd
non-operating
Director, Secretary
2010
Present
Southdav Pacific Pty Ltd
non-operating
Director/Secretary
2010
Present
JJM Property Investments Pty Ltd
non-operating
Director/Secretary
2009
Present
Carbonleaf Limited
non-operating
Family Relationships:
There is no family relationship among any of
our officers and directors.
Involvement in Certain Legal Proceedings
Except as noted herein or below, during the
last ten years none of our directors or officers have:
(1)
had any bankruptcy petition filed by or against any business of which such person was a general
partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)
been convicted in a criminal proceeding or subject to a pending criminal proceeding;
(3)
been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated,
of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement
in any type of business, securities or banking activities; or
(4)
been found by a court of competent jurisdiction in a civil action, the Commission or the Commodity
Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed,
suspended, or vacated.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NOVAGEN SOLAR INC.
/s/ Micheal P. Nugent
Micheal P. Nugent, President & CEO
Date: December 20, 2011