Diego Pellicer World-wide 1, Inc. acquired Type 1 Media Inc. (OTCBB:TPMD.D) in a reverse merger transaction on March 13, 2015. In connection with the merger, Jonathan White agreed to cancel 55 million shares of Type 1 Media for $0.17 million. Under the terms of the agreement, each share of Diego Pellicer World-wide 1 will be converted into a share of Type 1 Media, each share of Series A Preferred Stock with the exception of the TMK Shares will be converted into 1.031157 shares Type 1 Media, each share of Series A Preferred Stock of Diego issued to TMK Holdings LLC will be converted into one share of Type 1 Media, each share of Series B Preferred Stock will be converted into one share of Type 1 Media, warrants of Diego will be converted into warrants of Type 1 Media.Diego Pellicer Worldwide, Inc. will commence trading under the ticker symbol "TPMD" effective March 19, 2015. Diego Pellicer Worldwide, Inc. changed its name from Type 1 Media, Inc. to Diego Pellicer Worldwide, Inc. on February 26, 2015.

Jonathan White and Thomas Baxter resigned from their positions as officers and members of the Board of Directors of Diego Pellicer Worldwide. Philip Gay was appointed as Chief Executive Officer and member of Board of Directors, Ron Throgmartin was appointed as Chief Operating Officer, Nick Roberts as Chief Financial Officer, Alan Valdes, Douglas Anderson, and Stephen Norris as members of Board of Directors. The transaction is subject to approval of shareholders of Diego Pellicer World-wide 1. The transaction is approved by the Board of Diego Pellicer World-wide 1, Inc. and Type 1 Media Inc. Gregg Jaclin of Szaferman Lakind Blumstein & Blader, PC acted as legal advisor in the transaction.

Diego Pellicer World-wide 1, Inc. completed the acquisition of Type 1 Media Inc. (OTCBB:TPMD.D) in a reverse merger transaction on March 13, 2015.