| Name                               |   | Type of Operation             |   | State ofInc. |   |   | %Ownership                      |               | Date ofOrganization |               | Domesticor Foreign |
|------------------------------------|--------|-----------------------------------------|--------|-------------------|--------|--------|---------------------------------|--------------------|--------------------------|--------------------|-------------------------|
| Openfilm,      LLC                 |   | Online      Media                       |   | FL                |   |   | 100      by NEI                 |     | November      2007       |     | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Openfilm,      Inc                 |   | Payroll      Processing - Openfilm, LLC |   | DE                |   |   | 100      by Openfilm, LLC       |               | January      2009        |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Openfilm      Studios, LLC         |   | Contests      and Film Production       |   | FL                |   |   | 100      by Openfilm, LLC       |               | September      2010      |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Netlab      Systems, LLC           |   | Intellectual      Property Holdings     |   | FL                |   |   | 100      by NEI                 |               | October      2010        |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Netlab      Systems, LTD           |   | Intellectual      Property Holdings     |   | n/a               |   |   | 100      by Netlab Systems, LLC |               | January      2010        |               | Cayman      Islands     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Netlab      Systems, LLC           |   | Intellectual      Property Holdings     |   | n/a               |   |   | 100      by Netlab Systems, LLC |               | January      2010        |               | Ukraine                 |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Netlab      Systems, LLC           |   | Intellectual      Property Holdings     |   | n/a               |   |   | 100      by Netlab Systems, LLC |               | January      2010        |               | Russia                  |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Netlab      Systems IP, LLC        |   | Intellectual      Property Holdings     |   | FL                |   |   | 100      by NEI                 |               | January      2010        |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Zivos,      LLC                    |   | Research      and Development           |   | n/a               |   |   | 100      by Openfilm, LLC       |               | April      2008          |               | Ukraine                 |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Korlea-TOT      Energy s.r.o.      |   | Joint      Venture                      |   | n/a               |   |   | 51      by NEI                  |               | July      2008           |               | Czech      Repubic      |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Green1      Energy, LLC            |   | Inactive                                |   | FL                |   |   | 100      by NEI                 |               | February      2008       |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Motorsport,      LLC               |   | Holding      Company                    |   | FL                |   |   | 100      by NEI                 |               | September      2010      |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Motorsport.com,      Inc.          |   | Online      Media                       |   | FL                |   |   | 80      by Motorsport, LLC      |               | April      1999          |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Music1,      LLC                   |   | Holding      Company                    |   | FL                |   |   | 100      by NEI                 |               | September      2010      |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| A&R      Music Live, LLC  |   | Online      Media                       |   | GA                |   |   | 97      by Music1, LLC          |               | June      2001           |               | USA                     |
|                               |   |                                    |   |              |   |   |                            |               |                     |               |                    |
| Net      Element Capital, LLC      |   | Inactive                                |   | FL                |   |   | 100      by NEI                 |               | November      2010       |               | USA                     |

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