UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 10-K/A

(Amendment No. 1)





(Mark One)

|x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ------------------------------------------------------------------------------------

For the fiscal year ended December 31,
2014

or



| ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ----------------------------------------------------------------------------------------

For the transition period from             to

Commission File Number: 000-31671



INTELLINETICS, INC.

(Exact name of registrant as specified
in its charter)



|Nevada                                                                 |  | 87-0613716                                  
|---------------------------------------------------------------------- |  | --------------------------------------------
|(State or other jurisdiction of
        incorporation or organization) |  | (I.R.S. Employer
        Identification No.)



2190 Dividend Drive

Columbus, Ohio 43228

(614) 388-8909

(Address, including zip code, and telephone
number, including area code, of registrant’s principal executive offices)



Securities registered pursuant to Section 12(b)
of the Act:



|Title
        of each class              |  | Name
        of each exchange on which registered
|---------------------------------------- |  | -------------------------------------------------
|Common Stock, par value $0.001 per share |  | None                                             



Securities registered pursuant to Section 12(g)
of the Act: None





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes ̈Nox



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    Yes ̈Nox



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.    YesxNo ̈



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    YesxNo ̈



Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will
not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference
in Part III of this Form 10-K or any amendment to this Form 10-K.x



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act.



|                        |  |                                                |  |                           |  |  
|----------------------- |  | ---------------------------------------------- |  | ------------------------- |  | -
|Large accelerated filer |  |  ̈                                              |  | Accelerated filer         |  |  ̈
|                        |  |                                                | 
|Non-accelerated filer   |  |  ̈(Do not check if a smaller reporting company) |  | Smaller reporting company |  | x



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    Yes ̈Nox



State the aggregate market value of the
voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last
sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently
completed second fiscal quarter.$ 1,186,548



Indicate the number of shares outstanding
of each of the registrant’s classes of common stock, as of the latest practicable date.7,123,074 shares of Common Stock,
par value $0.001 per share, were outstanding as of April 22, 2015.



DOCUMENTS INCORPORATED BY REFERENCE

None













EXPLANATORY NOTE



Intellinetics, Inc. (“Intellinetics,” the “Company,”
“we,” “us”) is filing this Amendment No. 1 to Form 10-K on Form 10-K/A (the “Form 10-K/A”)
to amend our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 (the “Form 10-K”), which was filed
with the Securities and Exchange Commission (the “SEC”) on March 31, 2015. The purpose of this Form 10-K/A is solely
to disclose the information required in Part III (Items 10, 11, 12, 13, and 14) of the Form 10-K, which information was previously
omitted from the Form 10-K in reliance on General Instruction G(3) to Form 10-K. Accordingly, we hereby amend and replace in its
entirety Part III of the Form 10-K.



In addition, pursuant to the rules of the SEC, Item 15 of Part
IV has been amended to include the currently dated certifications of our principal executive officer and principal financial officer
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. The certifications of our principal executive officer and principal
financial officer are filed with this Form 10-K/A as Exhibits 31.3 and 31.4 hereto. Because no financial statements have been included
in this Form 10-K/A and this Form 10-K/A does not contain or amend any disclosure with respect to Items 307 and 308 of Regulation
S-K, paragraphs 3, 4, and 5 of the certifications have been omitted. We are not including the certificate under Section 906 of
the Sarbanes Oxley Act of 2002, as no financial statements are being filed with this Form 10-K/A.



Except as described above, this Form 10-K/A does not amend any
other information set forth in the Form 10-K, and we have not updated disclosures included therein to reflect any subsequent events.
This Form 10-K/A should be read in conjunction with the Form 10-K and with our filings with the SEC subsequent to the Form 10-K.





2







Part III



|ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
|-------- | ------------------------------------------------------



DIRECTORS AND EXECUTIVE OFFICERS AS OF APRIL 22, 2015



|Name                 |  | Age |  | Title                                                             
|-------------------- |  | --- |  | ------------------------------------------------------------------
|                     |  |     |  |                                                                   
|Matthew L. Chretien1 |  | 47  |  | President, Chief Executive Officer, Treasurer, and Director       
|Kendall D. Gill      |  | 67  |  | Chief Financial Officer                                           
|A. Michael Chretien1 |  | 75  |  | Chairman of the Board, Vice President of Compliance, and Secretary
|Rye D’Orazio         |  | 60  |  | Director                                                          
|Thomas D. Moss       |  | 58  |  | Chief Software Engineer, and Director                             
|Robert C. Schroeder  |  | 48  |  | Director                                                          
|Sophie Pibouin       |  | 47  |  | Director                                                          



1Mr. Matthew Chretien is the son of Mr. A. Michael
Chretien.



Matthew L. Chretien President, Chief Executive Officer, Treasurer,
and Director. Mr. Matthew L. Chretien was appointed interim President and Chief Executive Officer on July 31, 2013. He is a co-founder
of Intellinetics and has served as Intellinetics’ Executive Vice President, Chief Technology Officer, Chief Financial Officer,
and Treasurer since September 2011. Mr. Chretien resigned from the Chief Financial Officer position in September 2012. From January
1999 until September 2011, Mr. Chretien was employed as Intellinetics’ President and Chief Executive Officer. From 1996 until
1999, Mr. Chretien was employed as Intellinetics’ Vice President. Prior to joining Intellinetics, Mr. Chretien served as
the field sales engineer for Unison Industries, a manufacturer of aircraft ignition systems. As a co-founder who has been an active
executive at all times since 1996, our Board believes Mr. Chretien is qualified to serve on our Board. He brings to the Board valuable
leadership experience and insight with respect to our technology; products and services; and relationships with customers, vendors,
and distributors.



Kendall D. Gill, Chief Financial Officer. Mr. Gill has served
as Chief Financial Officer since September 2012. Prior to becoming our Chief Financial Officer, Mr. Gill served as an accounting
contractor to the Company since September 15, 2011. From May 2006 to September 2011, Mr. Gill served as the Chief Financial Officer
of PT Brands, Inc. From May 2010 to August 2012, Mr. Gill served as President and CEO of Gill Products, LLC. Mr. Gill is a Certified
Public Accountant and worked as an Audit Manager at Coopers & Lybrand from 1974 to 1985.



A. Michael Chretien, Chairman of the Board, Vice President of
Compliance, Secretary. Mr. A. Michael Chretien is a co-founder of Intellinetics and has served as Intellinetics’ Chairman
of the Board, Vice President of Compliance, and Secretary since September 2011. From 1999 until September 2011, Mr. Chretien was
employed as Intellinetics’ Vice President. Prior to joining Intellinetics, Mr. Chretien served for twenty-six years in the
Federal Bureau of Investigation. As a co-founder with extensive experience working for the public sector, our Board believes Mr.
Chretien is qualified to serve on our Board. He brings to the Board unique insight and relationships with respect to our government-sector
customers, as well as strong leadership skills.



Rye D’Orazio, Director. Mr. D’Orazio serves as a
member of our board of directors, and has served as a director of Intellinetics since 2006. Mr. D’Orazio has been a partner
at Ray & Barney Group since 2001. From 1995 to 2000, Mr. D’Orazio served as Vice President of Professional Services at
Compucom. From 1985 to 1995, Mr. D’Orazio was a partner at NCGroup, which he founded. From 1982 to 1995, Mr. D’Orazio
was employed as the Vice President of Professional Services at Triangle Systems, and from 1977 to 1982, Mr. D’Orazio was
employed as a systems engineer at Electronic Data Systems. Mr. D’Orazio brings over 30 years of important industry experience
and business acumen to our Board. Our Board believes that Mr. D’Orazio’s experience and expertise, particularly with
respect to professional services and entrepreneurship, qualify him to serve on our Board.





3







Thomas D. Moss, Director. Mr. Moss is a co-founder of Intellinetics
and has served as Intellinetics’ Chief Software Engineer since 1996. Prior to joining Intellinetics, Mr. Moss was employed
as a senior software developer at North American Computer Services from 1988 to 1994. From 1983 to 1988, Mr. Moss was employed
as a programmer/analyst at Confidential Data Services. Mr. Moss brings to our Board more than 30 years of experience in the software
development industry, as well as extensive product development skills and historical knowledge of our technology products. As a
co-founder and long-time Chief Software Engineer, our Board believes Mr. Moss is qualified to serve on our Board.



Mr. Robert C. Schroeder, Director. Mr. Schroeder serves as a
member of our board of directors since September 10, 2013. Mr. Schroeder is Vice President of Investment Banking at Taglich Brothers
and specializes in advisory services and capital raising for small public and private companies. Prior to that, Mr. Schroeder served
as Senior Equity Analyst publishing sell-side research on publicly traded companies. Prior to joining Taglich Brothers, he served
in various positions in the brokerage and public accounting industry. Mr. Schroeder received a B.S. degree in accounting and economics
from New York University. He currently serves on the board of directors of publicly traded Air Industries Group, a manufacturer
of aerospace parts and assemblies, and Decisionpoint Systems, Inc., a leading provider and integrator of Enterprise Mobility, Wireless
Applications and RFID solutions. The Board believes Mr. Schroeder is well qualified to serve on the Board due to his leadership
skills, capital markets expertise, and extensive experience as a director of the board for other public companies.



Ms. Sophie Pibouin, Director. Ms. Pibouin joined IBM as a senior
executive in 2012, currently responsible for the sales strategy of their Marketing business unit. Previously, Ms. Pibouin served
as Chief Operating Officer, from 2012 to 2014, for SDL, PLC, a global provider of customer experience management software and solutions,
having previously worked as a General Manager from 2010 to 2012. From 2006 to 2009, she served as Chief Operating Officer at Chronicle
Solutions, Inc., a security software company. From 1990 to 2004, she worked for CA, Inc. (formerly Computer Associates), in a variety
of positions including ultimately as Senior Vice President/GM for the Mid-Atlantic Region. She graduated with Honors as a Bachelor
in International Commerce from the University of Flaubert in Rouen, France. The Board believes Ms. Pibouin brings a depth and breadth
of business experience in the software industry, and that she is qualified to serve on our Board.



Director and Executive Officer Appointment and Resignation
since January 1, 2014



On March 20, 2015 Ms. Sophie Pibouin was appointed as a Director
of the Company by the Board.



Board Committees



We have established an audit committee and a compensation committee.
The functions of the nominating committee are conducted by all of the members of the Board. The composition and responsibilities
of each committee are described below. Members serve on these committees until their resignation or until otherwise determined
by our board of directors. We have filed the charters of the audit committee, and the compensation committee as exhibits 99.1 and
99.2, respectively to our Quarterly Report on Form 10-Q filed on May 15, 2012. In addition, the charters for these committees are
available in print to any stockholder who requests a copy. Please direct all requests to our Secretary, Intellinetics, Inc., 2190
Dividend Drive, Columbus, OH 43228.



Audit Committee



Our audit committee provides oversight of our accounting and
financial reporting process, the audit of our consolidated financial statements and our internal control function. Among other
matters, the audit committee assists our board of directors in the oversight of the independent registered public accounting firm
qualifications, independence and performance; is responsible for the engagement, retention and compensation of the independent
auditors; review the scope of the annual audit; review and discuss with management and the independent registered public accounting
firm the results of the annual audit and the review of our quarterly consolidated financial statements including the disclosures
in our annual and quarterly reports filed with the SEC; reviews our risk assessment and risk management processes; establish procedures
for receiving, retaining and investigating complaints received by us regarding accounting, internal accounting controls or audit
matters; approve audit and permissible non-audit services provided by our independent registered public accounting firm; and review
and approve related person transactions.





4







As of December 31, 2014, the members of our audit committee
were Mr. D’Orazio and Mr. Schroeder, with Mr. D’Orazio serving as the chair of the committee. Mr. D’Orazio and
Mr. Schroeder are both independent directors under the applicable rules and regulations of the SEC, as set forth in further detail
in Item 13, below. We believe the members of our audit committee meet the requirements for financial literacy under the applicable
rules and regulations of the SEC. We have determined that Mr. Schroeder is an audit committee financial expert as that term is
defined under the applicable rules of the SEC. Mr. Schroeder’s acquired his financial expertise through his bachelor’s
degree in accounting, prior experience as a financial analyst, and previous audit committee experience for other public companies.
The audit committee met four times during the fiscal year ended December 31, 2014.



Compensation Committee



Our compensation committee adopts and administers the compensation
policies, plans and benefit programs for our executive officers and all other members of our executive team. In addition, among
other things, our compensation committee annually evaluates, in consultation with our board of directors, the performance of our
Chief Executive Officer, reviews and approves corporate goals and objectives relevant to compensation of our Chief Executive Officer
and other executives, and evaluates the performance of these executives in light of those goals and objectives.



As of December 31, 2014, the compensation committee members
are Mr. D’Orazio, serving as the chair of the committee, and Mr. Schroeder. The members of our compensation committee are
independent under the applicable rules and regulations of the SEC. The compensation committee did not meeting during the fiscal
year ended December 31, 2014.



Section 16(a) Beneficial Ownership Reporting Compliance



Section 16(a) of the Exchange Act requires our directors and
officers, and persons who beneficially own more than ten percent (10%) of our common stock, who are hereinafter collectively referred
to as the Reporting Persons, to file reports with the SEC of beneficial ownership and reports of changes in beneficial ownership
of our common stock on Forms 3, 4 and 5. Reporting Persons are required by applicable SEC rules to furnish us with copies of all
such forms filed with the SEC pursuant to Section 16(a) of the Exchange Act. To our knowledge, based solely on our review of the
copies of the Forms 3, 4 and 5 received by us during the fiscal year ended December 31, 2014 and representations that no other
reports were required, we believe that all reports required to be filed by such persons with respect to the Company’s fiscal
year ended December 31, 2014, were timely filed, with the exception of the following transactions:



Thomas D. Moss, a director of the company, transferred 177,032
shares of Common stock to an unrelated party as part of a settlement agreement on October 24, 2014. The Form 4 associated with
this transfer was filed April 28, 2015.



Michael Taglich held a Promissory Note issued by the Company
and dated July 10, 2014, which became eligible for conversion into 625,954 shares of common stock of the Company on September 1,
2014, at which point Michael Taglich became a beneficial owner of more than 10% of the common stock of the Company. On October
9, 2014, December 17, 2014, February 10, 2015, and March 11, 2015, Michael Taglich was issued additional Convertible Notes by the
Company. The Forms 3 and 4 associated with these transactions were filed April 28.



Robert F. Taglich held a Promissory Note issued by the Company
and dated July 10, 2014, which became eligible for conversion into 625,954 shares of common stock of the Company on September 1,
2014, at which point Michael Taglich became a beneficial owner of more than 10% of the common stock of the Company. On October
9, 2014, December 17, 2014, February 10, 2015, and March 11, 2015, Michael Taglich was issued additional Convertible Notes by the
Company. The Forms 3 and 4 associated with these transactions were filed April 28.





5







Code of Ethics



We have not yet adopted a code of ethics, although we expect
to do so as we develop our infrastructure and business. Our single operating subsidiary, Intellinetics Ohio, has a Code of Ethics.
The Intellinetics Ohio code of ethics is available upon request from our Secretary, Intellinetics, Inc., 2190 Dividend Drive, Columbus,
OH 43228.



Stockholder Communication with our Board of Directors



Stockholders may send communications to our board of directors
by writing to Intellinetics, Inc., 2190 Dividend Drive, Columbus, OH 43228, Attention: Board of Directors.



|ITEM 11. | EXECUTIVE COMPENSATION
|-------- | ----------------------



As a “smaller reporting company” under SEC rules,
our “Named Executive Officers” (or “NEOs”) consist of (i) the individual(s) who served or acted as the
Company’s principal executive officer during the last completed fiscal year; (ii) the Company’s two most highly compensated
executive officers, other than the principal executive officer, who were serving as executive officers at the end of the last completed
fiscal year; and (iii) up to two additional individuals for whom disclosure would have been provided pursuant to clause (ii) but
for the fact that the individual was not serving as one of our executive officers at the end of the last completed fiscal year.
For the year ended December 31, 2014, our NEOs were the following individuals:



| | • | Matthew L. Chretien, our President, Chief Executive Officer, and Treasurer;
| | - | ---------------------------------------------------------------------------



| | • | Kendall D. Gill, our Chief Financial Officer;
| | - | ---------------------------------------------



| | • | Thomas D. Moss, our Chief Software Engineer; and
| | - | ------------------------------------------------



| | • | William J. Santiago, our President and Chief Executive Officer who resigned on July 31, 2013.
| | - | ---------------------------------------------------------------------------------------------



Summary
Compensation Table



The following table sets forth certain information relating
to the total compensation earned for services rendered to us in all capacities by (i) the persons serving as our President and
Chief Executive Officer, and (ii) our two other most highly compensated executive officers.



|Name and Principal Position                         |  | Fiscal Year |  | Salary
($) |         |   | Stock 
Awards
($) |  |     | Nonequity Incentive Plan Compensation
($) |  |  | Total
($) | 
|--------------------------------------------------- |  | ----------- |  | ---------- | ------- | - | ----------------- |  | --- | ----------------------------------------- |  |  | --------- | 
|Matthew L. Chretien                                 |  | 2014        |  |            | 173,092 |   |                   |  | 0   |                                           |  |  | 0         | 
|President and Chief Executive Officer and Treasurer |  | 2013        |  |            | 195,000 | 1 |                   |  | 0   |                                           |  |  | 0         | 
|                                                    |  |             |  |            |         |   |                   |  |     |                                           |  |  |           | 
|Kendall D. Gill                                     |  | 2014        |  |            | 134,292 | 2 |                   |  | 0   |                                           |  |  | 0         | 
|Chief Financial Officer                             |  | 2013        |  |            | 145,000 |   |                   |  | 0   |                                           |  |  | 0         | 
|                                                    |  |             |  |            |         |   |                   |  |     |                                           |  |  |           | 
|Thomas D. Moss                                      |  | 2014        |  |            | 145,000 |   |                   |  | 0   |                                           |  |  | 0         | 
|Chief Software Engineer                             |  | 2013        |  |            | 132,391 |   |                   |  |     |                                           |  |  | 0         | 
|                                                    |  |             |  |            |         |   |                   |  |     |                                           |  |  |           | 
|William J. Santiago                                 |  | 2014        |  |            | N/A     |   |                   |  | N/A |                                           |  |  | N/A       | 
|Former President and Chief Executive Officer        |  | 2013        |  |            | 132,751 | 3 |                   |  | 0   |                                           |  |  |           | 










1 In 2013, Mr. Chretien earned $195,000 in salary,
and he was paid $225,158, which included $30,158 in deferred wages.

2 In 2013, Mr. Gill earned $145,000 in salary, and
he was paid $156,154, which included $11,154 in deferred wages.

3 In 2013, Mr. Santiago earned $132,751 in salary,
and he was paid $160,212, which included $27,461 in deferred wages. Mr. Santiago resigned on July 31, 2013.





6









Employment Agreements with our Executive Officers



Intellinetics Ohio is a party to employment agreements
with Matthew L. Chretien and A. Michael Chretien, both dated as of September 16, 2011. The Company does not have employment agreements
with the executive officers because the Company believes the agreements between Intellinetics Ohio and each of the above named
executive officers is expected to control the terms of their employment with the Company, as Intellinetics Ohio is the sole operating
subsidiary of the Company. On September 24, 2012, pursuant to an Offer of Employment and Employment Agreement, the Company appointed
Kendall D. Gill as the Chief Financial Officer.



Agreement with Matthew L. Chretien



Under this agreement, Mr. Chretien agrees to serve as
the Interim President and Chief Executive Officer, Principal Accounting Officer, and Treasurer of Intellinetics, and to devote
his full-time efforts to his employment with Intellinetics. Pursuant to the agreement, Mr. Chretien (i) receives compensation at
the rate of $195,000 per year, (ii) is eligible to participate in certain employee benefit programs, including a 401(k) plan, health
insurance, paid vacation, access to an exercise facility, and use of certain company-paid technology, (iii) may become eligible,
at the sole discretion of Intellinetics, for profit sharing, commissions, and bonuses, and (iv) was entitled to receive deferred
compensation in the form of a lump sum payment of $100,828 on March 31, 2015. The Company notified Mr. Chretien on March 31, 2015,
that payment of the lump sum amount scheduled for March 31, 2015 is deferred subject to the Company’s available cash flow.
The term of the agreement is indefinite, and both parties stipulate and agree that Mr. Chretien is an “at will” employee
under Ohio law, which governs the agreement. The agreement can also terminate (i) if Intellinetics discontinues the operation of
its business, or (ii) at the option of Intellinetics in the event that Mr. Chretien becomes permanently disabled. Under the agreement,
Mr. Chretien covenants (i) not to disclose trade secrets or proprietary information of Intellinetics, (ii) not to solicit customers,
clients, or employees of Intellinetics for a period of two years after termination of the agreement, and (iii) not to compete with
Intellinetics in the state of Ohio for a period of six months after termination of his employment.



Agreement with A. Michael Chretien



Under this agreement, Mr. Chretien agrees to serve as
the Chairman of the Board, Vice President of Compliance, and Secretary of Intellinetics, and to devote his full-time efforts to
his employment with Intellinetics. Pursuant to the agreement, Mr. Chretien (i) receives compensation at the rate of $97,500 per
year, (ii) is eligible to participate in certain employee benefit programs, including a 401(k) plan, health insurance, paid vacation,
access to an exercise facility, and use of certain company-paid technology, (iii) may become eligible, at the sole discretion of
Intellinetics, for profit sharing, commissions, and bonuses, and (iv) was entitled to receive deferred compensation in the form
of a lump sum payment of $114,183 on March 31, 2015. The Company notified Mr. Chretien on March 31, 2015, that payment of the lump
sum amount scheduled for March 31, 2015 is deferred subject to the Company’s available cash flow. The agreement also notes
that Mr. Chretien’s equity interest in Intellinetics (which has been exchanged for an equity interest in Intellinetics in
connection with the Share Exchange) is considered part of Mr. Chretien’s compensation. The term of the agreement is indefinite,
and both parties stipulate and agree that Mr. Chretien is an “at will” employee under Ohio law, which governs the agreement.
The agreement can also terminate (i) if Intellinetics discontinues the operation of its business, or (ii) at the option of Intellinetics
in the event that Mr. Chretien becomes permanently disabled. Under the agreement, Mr. Chretien covenants (i) not to disclose trade
secrets or proprietary information of Intellinetics, (ii) not to solicit customers, clients, or employees of Intellinetics for
a period of two years after termination of the agreement, and (iii) not to compete with Intellinetics in the state of Ohio for
a period of six months after termination of his employment.





7







Agreement with Kendall D. Gill



Under this agreement, Mr. Gill (i) receives compensation at
the rate of $145,000 per year, (ii) is eligible to participate in certain employee benefit programs, including a 401(k) plan, health
insurance, paid vacation, access to an exercise facility, and use of certain company-paid technology, and (iii) may become eligible,
at the sole discretion of the Company, for profit sharing, and bonuses. The term of the agreement is indefinite, and both parties
stipulate and agree that Mr. Gill is an “at will” employee under Ohio law, which governs the agreement. Under the agreement,
Mr. Gill covenants (i) not to disclose trade secrets or proprietary information of the Company, (ii) not to solicit customers,
clients, or employees of the Company for a period of two years after termination of the agreement, and (iii) not to compete with
the Company in the state of Ohio for a period of six months after termination of his employment. Under the agreement, on September
24, 2012, Mr. Gill was awarded 250,000 restricted common shares of the Company, $0.001 par value, (subject to the applicable holding
period restrictions under Rule 144) in reliance upon exemptions from registration pursuant to Section 4(2) of the Securities Act
of 1933, as amended.



Director Compensation



Neither the directors of Intellinetics nor the directors of
Intellinetics Ohio received compensation for services rendered as a director during the years ended December 31, 2014 and 2013,
except as set forth below.



Sophie Pibouin, appointed to the Board as of March 20, 2015,
currently receives compensation for her services as an outside director at a rate of $25,000 per year, payable quarterly. It is
anticipated that the Company will enter into an Option Agreement with Ms. Pibouin, but the terms of the Option Agreement have not
yet been determined. As of the date of this Form 10-K, we do not compensate any of our other directors, aside from Ms. Pibouin,
for their services as directors. In order to attract and retain qualified independent directors, we plan to adopt a compensation
plan for non-employee directors that may include cash, as well as equity-based, compensation.



|ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
|-------- | ----------------------------------------------------------------------------------------------



The following table reflects beneficial share ownership by all
of our executive officers and directors, and by any shareholders who beneficially own more than 5% of the Company's common stock.



|BENEFICIAL OWNERSHIP TABLE as of April 22, 2015 (common stock)                                                             
|---------------------------------------------------------------------------------------------------------------------------
|                                                                                                                           
|Name and Address of Stockholder                                                                                            
|EXECUTIVE OFFICERS AND DIRECTORS                                                                                           
|Matthew Chretien, President, CEO, Chief Technology Officer, Treasurer, and Director 2190 Dividend Drive, Columbus, OH 43228
|                                                                                                                           
|Michael Chretien, Chairman of the Board, VP of Compliance, Secretary 2190 Dividend Drive, Columbus, OH 43228               
|                                                                                                                           
|Kendall D Gill, CFO 2190 Dividend Drive, Columbus, OH 43228                                                                
|                                                                                                                           
|Rye D'Orazio, Director 565 Metro Place S. Suite 300 Dublin, OH 43017                                                       
|                                                                                                                           
|Thomas Moss, Chief Software Engineer, Director 26100 Rangeview Dr., Kersey, CO 80644                                       
|                                                                                                                           
|Robert Schroeder, Director 275 Madison Ave., Suite 1618 New York, NY 10016                                                 
|                                                                                                                           
|Officers and Directors as a Group (6 Persons)                                                                              
|                                                                                                                           
|SHAREHOLDERS WITH 5% OR MORE BENEFICIAL OWNERSHIP                                                                          
|                                                                                                                           
|Michael Taglich 275 Madison Ave., Suite 1618 New York, NY 10016                                                            
|                                                                                                                           
|Robert F. Taglich 275 Madison Ave., Suite 1618 New York, NY 10016                                                          
|                                                                                                                           
|* Less than 1%                                                                                                             



8







| | (1) | Based
upon 7,123,094 shares of common stock issued and outstanding.
| | --- | -------------------------------------------------------------------



| | (2) | Beneficial
ownership includes 500,000 shares of common stock underlying a warrant and 17,857 shares of common stock underlying a convertible
note issued to Mr. Chretien.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (3) | Beneficial
ownership includes 500,000 shares of common stock underlying a warrant issued to Mr. Chretien.
| | --- | ---------------------------------------------------------------------------------------------------------



| | (4) | Beneficial
ownership includes 42,143 shares of common stock underlying warrants and 103,571 shares of common stock underlying convertible
notes issued to Mr. Schroeder.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (5) | Beneficial ownership includes 54,464
                                                                                                                                              shares underlying warrants and 1,612,858 shares of common stock underlying convertible notes issued to Mr.
                                                                                                                                              Taglich.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (6) | Beneficial ownership includes  54,464
                                                                                                                                              shares underlying warrants and 1,612,858 shares of common stock underlying convertible notes issued to Mr.
                                                                                                                                              Taglich.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
|-------- | -------------------------------------------------------------------------



Certain Relationships and Related Transactions



On December 27, 2013, the Company and Ramon
Shealy, a former director of the Company who resigned during 2013, agreed to extend the maturity date on a promissory note with
an original principal amount of $250,000, bearing interest at a rate of 10% per annum, previously issued by the Company to Mr.
Shealy, until January 1, 2015, without changing any other terms of the promissory note. On December 31, 2014, the Company and Mr.
Shealy agreed to extend the maturity date again until January 1, 2020, without changing any other terms of the promissory note.
The largest aggregate amount of principal outstanding during 2014 was $193,453, the total amount of principal paid during 2014
was $-0-, the total amount of interest paid during 2014 was $-0-, and the amount outstanding as of April 25, 2015 is $185,896.



On March 5, 2013, the Company paid
off in full all principal and accrued interest for an unsecured promissory note payable to Jackie M. Chretien, a relative of Mr.
A. Michael Chretien and Mr. Matthew L. Chretien, with an original principal balance of $14,000, bearing interest at 5% per annum.
The largest aggregate amount of principal outstanding during 2014 was $0, the total amount of principal paid during 2014 was $0,
the total amount of interest paid during 2014 was $0, and there are no amounts that remain outstanding.



On March 5, 2013, the Company paid
accrued interest in the amount of $9,014 to Ms. Chretien, relating to an $80,000 promissory note issued by the Company to Ms. Chretien
on March 2, 2009. On December 27, 2013, Intellinetics entered into a Promissory Note Extension Agreement with Jackie M. Chretien,
pursuant to which the maturity date of the promissory note previously issued to Ms. Chretien was extended from January 1, 2014
until January 1, 2015, without changing any other terms of that promissory note. On December 31, 2014, Intellinetics and Ms. Chretien
extended the maturity date of the promissory note again to January 1, 2020. The largest aggregate amount of principal outstanding
during 2014 was $32,500, the amount outstanding as of April 25, 2014 is $18,840, the total amount of principal paid during 2014
was $17,500, and the total amount of interest paid during 2014 was $-0-.



On December 27, 2013, Intellinetics
and A. Michael Chretien, who is the Secretary and Chairman of the Company, entered into a Promissory Note Extension Agreement,
pursuant to which the maturity date of the promissory note previously issued to Mr. Chretien was extended from January 1, 2014
until January 1, 2015, without changing any other terms of that promissory note. On December 31, 2014, Intellinetics and Mr. Chretien
extended the maturity date of the promissory note again to January 1, 2020. The largest aggregate amount of principal outstanding
during 2014 was $40,415, the amount outstanding as of April 25, 2014 is $45,780, the total amount of principal paid during 2014
was $-0-, and the total amount of interest paid during 2014 was $-0-.



On January 14, 2013, Mr. Haddix
(a former Board member who resigned in 2013) exchanged the original principal balance of a promissory note with a maturity of 45
days following issuance, bearing interest at a rate of 10% per annum, in the amount of $95,000 and accrued interest in the amount
of $4,659 (for a total of $99,659) for a convertible promissory note issued by the Company in the amount of $99,659, due February
15, 2013, bearing interest at 10%. On January 14, 2013, Mr. Haddix exercised his conversion rights under the convertible promissory
note and surrendered the convertible promissory note to the Company in return for 311,434 restricted common shares, $0.001 par
value, at $0.32 per share (based on the closing price on the immediately preceding business day) (subject to the applicable holding
period restrictions under Rule 144) in reliance upon exemptions from registration pursuant to Section 4(2) of the Securities Act
of 1933, as amended, and Rule 506 of Regulation D, as promulgated by the SEC. The largest aggregate amount of principal outstanding
during 2014 was $0, the amount outstanding as of April 25, 2014 is $0, the total amount of principal paid during 2014 was $0, and
the total amount of interest paid during 2014 was $0.



The following convertible notes
were issued by the Company to directors, officers, and shareholders holding more than 5% beneficial ownership of the Company’s
common stock. The terms for all of the following notes provide for interest at an annual rate of 10% until the maturity date of
December 31, 2015. The note holders have a right, in their sole discretion, to convert the notes into shares of common stock, par
value $0.001 per share, of the Company at a conversion rate set forth below. If the notes have not been fully repaid by the Company
by the maturity date or converted into shares at the election of the note holders prior to the maturity date, then such convertible
notes will accrue interest at the annual rate of 12% from the maturity date until the date the notes are repaid in full. Any interest
not paid quarterly will also accrue interest at the annual rate of 12%.





9







|Name and Affiliation to Company          |  | Date of 
Note |           |  | Conversion Rate per Share |   |      | Original Principal Balance of Note |  |  | Largest aggregate amount of principal outstanding during 2014 |  |  | Amount outstanding as of April 25, 2014 (principal and interest) |         |  | Amount of principal paid during 2014 |  |         | Amount of interest paid during 2014 | 
|---------------------------------------- |  | ------------- | --------- |  | ------------------------- | - | ---- | ---------------------------------- |  |  | ------------------------------------------------------------- |  |  | ---------------------------------------------------------------- | ------- |  | ------------------------------------ |  | ------- | ----------------------------------- | 
|Matthew L. Chretien Officer and Director |  |               | 6/10/2014 |  |                           | $ | 0.56 |                                    |  |  | 10,000                                                        |  |  |                                                                  | 10,000  |  |                                      |  | 10,816  |                                     | 
|Robert Schroeder Director                |  |               | 5/9/2014  |  |                           | $ | 0.56 |                                    |  |  | 30,000                                                        |  |  |                                                                  | 30,000  |  |                                      |  | 32,679  |                                     | 
|Michael Taglich 5% Shareholder           |  |               | 5/9/2014  |  |                           | $ | 0.56 |                                    |  |  | 30,000                                                        |  |  |                                                                  | 30,000  |  |                                      |  | 32,679  |                                     | 
|Robert Taglich 5% Shareholder            |  |               | 5/9/2014  |  |                           | $ | 0.56 |                                    |  |  | 30,000                                                        |  |  |                                                                  | 30,000  |  |                                      |  | 32,679  |                                     | 
|Michael Taglich 5% Shareholder           |  |               | 7/10/2014 |  |                           | $ | 0.56 |                                    |  |  | 350,534                                                       |  |  |                                                                  | 350,534 |  |                                      |  | 375,888 |                                     | 
|Robert Taglich 5% Shareholder            |  |               | 7/10/2014 |  |                           | $ | 0.56 |                                    |  |  | 350,534                                                       |  |  |                                                                  | 350,534 |  |                                      |  | 375,888 |                                     | 







The following convertible notes
were issued by the Company to directors, officers, and shareholders holding more than 5% beneficial ownership of the Company’s
common stock. The terms for all of the following notes provide for interest at an annual rate of 6% until the maturity date of
December 31, 2015. The note holders have a right, in their sole discretion, to convert the notes into shares of common stock, par
value $0.001 per share, of the Company at a conversion rate set forth below. If the notes have not been fully repaid by the Company
by the maturity date or converted into shares at the election of the note holders prior to the maturity date, then such convertible
notes will accrue interest at the annual rate of 12% from the maturity date until the date the notes are repaid in full. Any interest
not paid quarterly will also accrue interest at the annual rate of 12%.





|Name and Affiliation to Company |  | Date of 
Note |            |  | Conversion Rate per Share |   |      | Original Principal Balance of Note |  |  | Largest aggregate amount of principal outstanding during 2014 |  |  | Amount outstanding as of April 25, 2014 (principal and interest) |         |  | Amount of principal paid during 2014 |  |         | Amount of interest paid during 2014 | 
|------------------------------- |  | ------------- | ---------- |  | ------------------------- | - | ---- | ---------------------------------- |  |  | ------------------------------------------------------------- |  |  | ---------------------------------------------------------------- | ------- |  | ------------------------------------ |  | ------- | ----------------------------------- | 
|Robert Schroeder Director       |  |               | 10/9/2014  |  |                           | $ | 0.30 |                                    |  |  | 15,000                                                        |  |  |                                                                  | 15,000  |  |                                      |  | 15,427  |                                     | 
|Michael Taglich 5% Shareholder  |  |               | 10/9/2014  |  |                           | $ | 0.30 |                                    |  |  | 80,000                                                        |  |  |                                                                  | 80,000  |  |                                      |  | 82,275  |                                     | 
|Michael Taglich 5% Shareholder  |  |               | 12/17/2014 |  |                           | $ | 0.30 |                                    |  |  | 100,000                                                       |  |  |                                                                  | 100,000 |  |                                      |  | 101,710 |                                     | 
|Michael Taglich 5% Shareholder  |  |               | 2/10/2015  |  |                           | $ | 0.30 |                                    |  |  | 50,000                                                        |  |  |                                                                  | -0-     |  |                                      |  | 50,403  |                                     | 
|Michael Taglich 5% Shareholder  |  |               | 3/11/2015  |  |                           | $ | 0.30 |                                    |  |  | 50,000                                                        |  |  |                                                                  | -0-     |  |                                      |  | 50,164  |                                     | 
|Robert Taglich 5% Shareholder   |  |               | 10/9/2014  |  |                           | $ | 0.30 |                                    |  |  | 80,000                                                        |  |  |                                                                  | 80,000  |  |                                      |  | 82,275  |                                     | 
|Robert Taglich 5% Shareholder   |  |               | 12/17/2014 |  |                           | $ | 0.30 |                                    |  |  | 100,000                                                       |  |  |                                                                  | 100,000 |  |                                      |  | 101,710 |                                     | 
|Robert Taglich 5% Shareholder   |  |               | 2/10/2015  |  |                           | $ | 0.30 |                                    |  |  | 50,000                                                        |  |  |                                                                  | -0-     |  |                                      |  | 50,403  |                                     | 
|Robert Taglich 5% Shareholder   |  |               | 3/11/2015  |  |                           | $ | 0.30 |                                    |  |  | 50,000                                                        |  |  |                                                                  | -0-     |  |                                      |  | 50,164  |                                     | 









10







Return to Treasury of Shares and Issuance of Contingent
Warrants



On February 15, 2013, the Company and A. Michael Chretien
entered into a return to treasury agreement, whereby A. Michael Chretien returned 500,000 shares of common stock of the Company,
par value $0.007 per share, to the Company. As consideration for A. Michael Chretien returning to treasury 500,000 shares of common
stock he owns, the Company issued one four-year warrant to A. Michael Chretien with a right to purchase 500,000 shares of common
stock at $0.007 per share within four-years of the shareholders of the Company increasing the number of authorized shares of common
stock of the Company, with piggyback registration rights. The warrant has a right of first refusal for A. Michael Chretien to exercise
up to 500,000 shares prior to the Company issuing shares of common stock in any transaction. The Company issued the warrant in
reliance on an exemption from registration pursuant to Section 4(2) of the Securities Act of 1933, as amended, and Rule 506 of
Regulation D, as promulgated by the SEC.



On February 15, 2013, the Company and Matthew Chretien
entered into a return to treasury agreement, whereby Matthew Chretien returned 500,000 shares of common stock of the Company, par
value $0.007 per share, to the Company. As consideration for Matthew Chretien returning to treasury 500,000 shares of common stock
he owns, the Company issued one four-year warrant to Matthew Chretien with a right to purchase 500,000 shares of common stock at
$0.001 per share within four-years of the shareholders of the Company increasing the number of authorized shares of common stock
of the Company, with piggyback registration rights. The warrant has a right of first refusal to exercise up to 500,000 shares prior
to the Company issuing shares of common stock in any transaction, other than pursuant to the warrant issued to A. Michael Chretien,
as described above. The Company issued the warrant in reliance on an exemption from registration pursuant to Section 4(2) of the
Securities Act of 1933, as amended, and Rule 506 of Regulation D, as promulgated by the SEC.



Notes payable due to related parties
consist of the following:





|                                                 |  | December 31,
 2014 |           |  | December 31,
 2013 |  
|------------------------------------------------ |  | ------------------ | --------- |  | ------------------ | -
|The 95,000 Haddix Note                           |  |                    | -         |  |                    |  
|The $14,000 Jackie Chretien Note                 |  |                    | -         |  |                    |  
|The $80,000 Jackie Chretien Note                 |  | $                  | 15,000    |  |                    | $
|The $55,167 A. Michael Chretien Note             |  | $                  | 40,415    |  |                    | $
|The $250,000 Shealy Note                         |  | $                  | 193,453   |  |                    | $
|Convertible Notes Payable to Robert Schroeder    |  | $                  | 30,000    |  |                    |  
|Convertibe Note Payable to Matthew Chretien      |  | $                  | 10,000    |  |                    |  
|Convertible Notes Payable to Michael Taglich     |  | $                  | 560,534   |  |                    |  
|Convertible Notes Payable to Robert Taglich      |  | $                  | 560,534   |  |                    |  
|Total notes payable - related party              |  | $                  | 1,409,936 |  |                    | $
|Less current portion                             |  | $                  | 1,192,459 |  |                    |  
|Long-term portion of notes payable-related party |  | $                  | 217,477   |  |                    | $





*Michael Taglich and Robert Taglich were not related parties
on December 31, 2013.



Indemnification of Officers and Directors



The Nevada General Corporation Law and our bylaws provide
for the indemnification of directors, officers and certain other persons in the circumstances outlined below.



Actions other than by the Company



The Company may indemnify any person who was or is
a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative, except an action by or in the right of the Company, by reason of the fact that such
person is or was a director, officer, employee or agent of the Company, or is or was serving at the request of the Company as a
director, officer, employee or agent of another corporation or other entity, against expenses, including attorneys’ fees,
judgments, fines and amounts paid in settlement, actually and reasonably incurred by such person in connection with the action,
suit or proceeding if (i) such person is not liable for a breach of fiduciary duty involving intentional misconduct, fraud or a
knowing violation of the law, or (ii) such person acted in good faith and in a manner which such person reasonably believed to
be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable
cause to believe that his or her conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement,
conviction, or upon a plea of nolo contendere or its equivalent, does not, of itself, create a presumption that the person (i)
was liable for a breach of fiduciary duty involving intentional misconduct, fraud or a knowing violation of the law, or (ii) did
not act in good faith and in a manner which such person reasonably believed to be in or not opposed to the best interests of the
Company, and that, with respect to any criminal action or proceeding, such person had reasonable cause to believe that his or her
conduct was unlawful.



Actions by the Company



The Company may indemnify any person who was or is
a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company
to procure a judgment in its favor by reason of the fact that such person is or was a director, officer, employee or agent of the
Company, or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or
other entity, against expenses, including amounts paid in settlement and attorneys’ fees actually and reasonably incurred
by such person in connection with the defense or settlement of the action or suit if (i) such person is not liable for a breach
of fiduciary duty involving intentional misconduct, fraud or a knowing violation of the law, or (ii) such person acted in good
faith and in a manner which such person reasonably believed to be in or not opposed to the best interests of the Company. Indemnification
may not be made for any claim, issue or matter as to which such person has been adjudged by a court of competent jurisdiction to
be liable to the Company or for amounts paid in settlement to the Company, unless and only to the extent that the court in which
the action or suit was brought or other court of competent jurisdiction determines upon application that in view of all the circumstances
of the case, the person is fairly and reasonably entitled to indemnity for such expenses as the court deems proper.





11







Successful Defense



To the extent that a director, officer, employee or
agent of the Company has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to above,
or in defense of any claim, issue or matter therein, he or she must be indemnified by the Company against expenses, including attorneys’
fees, actually and reasonably incurred by such person in connection with the defense.



Required Approval



Any discretionary indemnification, unless ordered
by a court, must be made by the Company only as authorized in the specific case upon a determination that indemnification of a
director, officer, employee or agent is proper in the circumstances. The determination must be made by (i) the stockholders, (ii)
by the board of directors by a majority vote of a quorum consisting of directors who were not parties to the action, suit or proceeding,
(iii) if a majority of a quorum consisting of directors who were not parties to the action, suit or proceeding so orders, by independent
legal counsel in a written opinion, or (iv) if a quorum consisting of directors who were not parties to the action, suit or proceeding
cannot be obtained, by independent legal counsel in a written opinion.



Advance of Expenses



The articles of incorporation, the bylaws, or an agreement
made by the Company may provide that the expenses of officers and directors incurred in defending a civil or criminal action, suit
or proceeding must be paid by the Company as they are incurred and in advance of the final disposition of the action, suit or proceeding,
upon receipt of an undertaking by or on behalf of the officer or director to repay the amount if it is ultimately determined by
a court of competent jurisdiction that he or she is not entitled to be indemnified by the Company.



Other Rights



The indemnification provisions above and the advancement
of expenses (i) do not exclude any other rights to which a person seeking indemnification or advancement of expenses may be entitled
for either an action in his or her official capacity or an action in another capacity while holding office, except that indemnification,
unless ordered by a court or for the advancement of expenses, may not be made to or on behalf of any director or officer if a final
adjudication establishes that his or her acts or omissions involved intentional misconduct, fraud or a knowing violation of the
law and were material to the cause of the action, and (ii) continue for a person who has ceased to be a director, officer, employee
or agent and inures to the benefit of the heirs, executors and administrators of such person.



Globalwise has obtained liability insurance for its
directors and officers covering, subject to exceptions, any actual or alleged negligent act, error, omission, misstatement, misleading
statement, neglect or breach of duty by such directors or officers, individually or collectively, in the discharge of their duties
in their capacities as directors and officers of the Company.





12







Review, Approval or Ratification of Transactions
with Related Persons



The written charter for the audit committee requires
that all transactions between the Company and any related person (as defined in Item 404 of Regulation S-K) be reviewed, approved,
and overseen by the audit committee, which is comprised of independent directors.



Promoters and Certain Control Persons



Robert C. Schroeder is the Vice President
of Investment Banking at Taglich Brothers, Inc. The Company retained Taglich Brothers, Inc. as the exclusive placement agent for
a private offering of securities on February 28, 2013 and March 6, 2013. In connection with the offering, the Company paid Taglich
Brothers, Inc. a cash payment of $ 268,000, which represented an 8 % commission of the gross proceeds and approximately
$ 28,000 for reimbursement for reasonable out of pocket expenses, FINRA filing fees and related legal fees. In addition,
the Company issued warrants to Taglich Brothers, Inc. to purchase 214,286 shares of common stock, which represented 10 %
of the shares of common stock sold in the offering. The warrants have an exercise price of $ 1.68 per share of common
stock, will be exercisable for a period of four years, contain customary cashless exercise and anti-dilution protection and are
entitled to registration rights.





In July 2014, the Company also retained Taglich Brothers, Inc.
as a placement agent for the sale of the Convertible Notes, which sale concluded a private offering of debt in the amount of $500,000.
In connection with the Offering, the Company paid Taglich Brothers, Inc. in the form of a convertible note with a principal amount
of $10,800 (with terms identical to the Convertible Notes sold in the offering), which represented an 8% commission of the gross
proceeds. In addition, Taglich Brothers, Inc. earned warrants to purchase 168,750 shares of Common Stock, which represented 10%
of the shares of Common Stock into which the Convertible Notes sold in the offering could be converted into at $0.56 per share,
which have an exercise price of $0.56 per share of Common Stock, will be exercisable for a period of four years, contain customary
cashless exercise and anti-dilution protection and are entitled to registration rights.



Director Independence



In accordance with Rule 407(c)(a)(ii) of Regulation S-K, we
are not a listed issuer and we use the definition of independence as set forth in Rule 10A-3 of the Securities Exchange Act of
1934 and the rules of the NASDAQ Stock Market. We are a smaller reporting company with a small number of directors. As a result,
we do not currently have independent directors as a majority of our Board. It is anticipated that, in the near future, the board
of directors will recruit additional independent directors to join the Board and also our Board committees. The charters of both
our compensation committee and audit committees require that all members of each committee be independent. Currently, Mr. Schroeder,
Mr. D’Orazio, and Ms. Pibouin serve as our independent directors. Mr. Schroeder and Mr. D’Orazio are the sole members
of both our audit and compensation committees. The Board does not currently have a separate nominating committee, and as such,
all directors are deemed to be part of the nominating committee, including the following directors who are not independent: A.
Michael Chretien, Matthew Chretien, and Mr. Moss.





|ITEM 14. | PRINCIPAL ACCOUNTING FEES AND SERVICES
|-------- | --------------------------------------



Independent Registered Public Accountants



Our independent registered public accountants were GBP
Partners LLC during 2014 and 2013. Marcum LLP served as our independent registered accounting firm prior to September 4, 2012.
The following table presents fees for professional services provided by both Marcum LLP and GBQ Partners LLC for audit services
and other services rendered to us during the fiscal years ended December 31, 2014 and 2013.



|                   |  | 2014 |        |  | 2013 |  
|------------------ |  | ---- | ------ |  | ---- | -
|                   |  |      |        |  |      |  
|Marcum LLP         |  |      |        |  |      |  
|                   |  |      |        |  |      |  
|Audit Fees         |  |      | -      |  |      |  
|                   |  |      |        |  |      |  
|Audit-Related Fees |  |      |        |  |      | $
|                   |  |      |        |  |      |  
|All Other Fees     |  |      | -      |  |      |  
|                   |  |      |        |  |      |  
|Total Fees         |  |      | -      |  |      | $
|                   |  |      |        |  |      |  
|GBQ Partners LLC   |  |      |        |  |      |  
|                   |  |      |        |  |      |  
|Audit Fees         |  | $    | 72,927 |  |      | $
|                   |  |      |        |  |      |  
|Audit-Related Fees |  |      | -      |  |      |  
|                   |  |      |        |  |      |  
|All Other Fees     |  |      | -      |  |      |  
|                   |  |      |        |  |      |  
|Total Fees         |  | $    | 72,927 |  |      | $





13









Audit Fees



This category includes fees associated with our annual
audit and the reviews of our quarterly reports on Form 10-Q. This category also includes fees associated with advice on audit and
accounting matters that arose during, or as a result of, the audit or the review of our interim financial statements, statutory
audits, and services related to Securities and Exchange Commission registration statements and filings.



Audit-Related Fees



This category includes fees associated with employee
benefit plan audits, internal control reviews, accounting consultations, and attestation services that are not required by statute
or regulation.



Tax Fees



We did not engage GBQ Partners for tax planning for
merger and acquisition activities, tax consultations, the review of income tax returns and assistance with state tax examinations.



All Other Fees



We did not engage GBQ Partners to provide any information
technology services or any other services during the fiscal years ended December 31, 2013 and 2012.



Pre-Approval Policies and Procedures



Our Audit Committee specifically approved the audit
and audit-related services performed GBQ Partners for the periods ended December 31, 2014 and 2013, when applicable.



For the fiscal year ending December 31, 2014, our Audit
Committee pre-approved audit-related and non-audit related services not prohibited by law to be performed by our independent registered
public accountants and associated fees. Audit Committee pre-approval of audit and non-audit services will not be required if the
engagement for the services is entered into pursuant to pre-approval policies and procedures established by the Audit Committee
regarding the Company’s engagement of the independent auditor, provided the policies and procedures are detailed as to the
particular service, the Audit Committee is informed of each service provided and such policies and procedures do not include delegation
of the Audit Committee’s responsibilities to the Company’s management. The Audit Committee may delegate to one or more
designated members of the Audit Committee the authority to grant pre-approvals, provided such approvals are presented to the Audit
Committee at a subsequent meeting. If the Audit Committee elects to establish pre-approval policies and procedures regarding non-audit
services, the Audit Committee must be informed of each non-audit service provided by the independent auditor. Audit Committee pre-approval
of non-audit services (other than review and attestation services) also will not be required if such services fall within available
exceptions established by the SEC.



PART IV



|Item 15. | Exhibits, Financial Statement Schedules
|-------- | ---------------------------------------





| | Exhibit
        No. |  | Description                                                                                            
| | ------------------- |  | -------------------------------------------------------------------------------------------------------
| |                     |  |                                                                                                        
| | 31.1*               |  | Certification of Principal Executive Officer pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 
| |                     |  |                                                                                                        
| | 31.2*               |  | Certification of Principal Financial Officer pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 
| |                     |  |                                                                                                        
| | 32.1*               |  | Certification of Principal Executive Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002 
| |                     |  |                                                                                                        
| | 32.2*               |  | Certification of Principal Financial Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002.



*filed herewith





14







Signatures



Pursuant to the requirements of Section 13
or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized, on April 28, 2015.



| | Intellinetics, Inc.
| | -------------------
| |                    
| | By:                
| |                    



Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated
on April 28, 2015.



|Name                         |  | Title                                                                          
|---------------------------- |  | -------------------------------------------------------------------------------
|                             |  |                                                                                
|                             |  |                                                                                
|/s/  Matthew
    L. Chretien |  | President,
    Chief Executive Officer, Chief Technology Officer, Treasurer and
|Matthew
    L. Chretien      |  | Director                                                                       
|                             |  |                                                                                
|/s/  Kendall
    D. Gill     |  | Chief Financial
    Officer                                                    
|Kendall
    D. Gill          |  |                                                                                
|                             |  |                                                                                
|/s/  A.
    Michael Chretien |  | Director,
    Chairman of the Board, Vice President of Compliance, Secretary   
|A. Michael
    Chretien      |  |                                                                                
|                             |  |                                                                                
|/s/  Rye
    D’Orazio        |  | Director                                                                       
|Rye
    D’Orazio             |  |                                                                                
|                             |  |                                                                                
|/s/  Tom
    Moss            |  | Chief Software
    Engineer, and Director                                      
|Tom Moss                     |  |                                                                                
|                             |  |                                                                                
|/s/  Robert
    Schroeder    |  | Director                                                                       
|Robert
    Schroeder         |  |                                                                                





15









EXHIBIT INDEX



|Exhibit
        No. |  | Description                                                                                            
|------------------- |  | -------------------------------------------------------------------------------------------------------
|                    |  |                                                                                                        
|31.1*               |  | Certification of Principal Executive Officer pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 
|                    |  |                                                                                                        
|31.2*               |  | Certification of Principal Financial Officer pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 
|                    |  |                                                                                                        
|32.1*               |  | Certification of Principal Executive Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002 
|                    |  |                                                                                                        
|32.2*               |  | Certification of Principal Financial Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002.







*filed herewith





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