YAKOV RONNY → OLB GROUP, INC. OLB

The information set forth in or incorporated by reference in Items 3 and 6 of this Amendment No. 1 to Schedule 13D is incorporated by reference in its entirety into this Item 4. All acquisitions by the Reporting Person of Common Stock reported herein were (a) for the purpose of providing the Issuer with working capital, and (b) for investment purposes. The Reporting Person has no present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D other than as a member o f the Issuer's Board of Directors.