Nakul Gupta and Oksana Murarova entered into a stock purchase agreement agreed to acquire 84% stake in Travelsafe, Inc. from John Fahlberg for $0.28 million in cash on September 23, 2014. Under the terms of agreement, Nakul Gupta and Oksana Murarova paid $0.14 million each to acquire 42% stake individually for a combined consideration of $0.28 million. As part of the transaction, John Fahlberg resigned from his position as officer and member of the Board of Directors and Nakul Gupta is appointed to serve as the Chief Executive Officer, Chief Financial Officer and member of the Board of Directors, and Oksana Murarova to serve as the Secretary, Treasurer, and member of the Board of Directors. In connection with the closing of the Stock Purchase Agreement, on September 24, 2014, the Company changed its name from Travelsafe, Inc. to Clone Algo Technologies Inc. and increased its authorized number of shares of common stock, authorized number of shares of preferred stock and increased the par value of its shares of common stock. The transaction is subject to conditions including executed resignation letters from each of Travel safes officers, directors and listing of Travelsafe's Common Stock on the OTCQB.

Nakul Gupta and Oksana Murarova completed the acquisition of 84% stake in Travelsafe, Inc. from John Fahlberg on September 23, 2014.