ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
On May 29, 2014, the majority stockholder (the "Majority Stockholder") of
Cardax, Inc., a Delaware corporation (the "Company") executed a written consent
of stockholders in lieu of an annual meeting (the "Written Consent"). Pursuant
to the Written Consent, the Majority Stockholder (a) ratified the election of
David G. Watumull, Nicholas Mitsakos, and Frank C. Herringer as members of the
Board of Directors of the Company, (b) ratified the appointment of KBL, LLP as
the Company's independent public accountant for the fiscal year ended December
31, 2014, and (c) ratified all lawful acts of the Board of Directors of the
Company performed by and on behalf of the Company since the last annual meeting
of the stockholders. The Majority Stockholder holds approximately 52.9% of the
voting power of the issued outstanding shares of the Company's common stock.