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GENERAL

The Company was incorporated as Sonic Media Corp. under the laws of the State of Nevada on May 1, 2002. The Company changed its name from Sonic Media Corp. to Larrea Biosciences Corporation ("Larrea") on June 1, 2004, at which time it entered into an agreement to purchase all of the issued and outstanding capital stock of Global Botanics, Inc. ("GBI"), a Nuie corporation that owns the four patents underlying the Company's products. Pursuant to the terms of the initial stock purchase agreement dated March 24, 2004 between GBI, Larrea and the shareholders of GBI, the shareholders of GBI agreed to exchange all of their...