May 30, 2013
Infinity Augmented Reality, Inc.
45 Broadway
New York, New York 10006
Gentlemen:
This letter confirms that I, Chaim Loeb, hereby resign my position as a Director, and all other positions to which I have been assigned, regardless of whether I served in such capacity, of the Company, effective immediately. My resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies (including accounting or financial policies) or practices.
Sincerely,
/s/ Chaim Loeb
Chaim Loeb
Dated: May 30, 2013