SHELL EXAMPLE

A Delaware State Corporation

Common shares authorized

50,000,000

$.001 Par Value

Shares Issued

10,180,896

(or greater)

Shareholders

331

(minimum)

Liabilities

NONE

Assets

NONE

The seller will deliver 90 to 95% of issued shares to the buyer

At closing the Buyer will receive the following:

  1. Minute Book, Articles of Incorporation & By-Laws
  2. Computer printout of all shareholders
  3. Filing receipt from the State of Delaware
  4. An opinion Letter from the attorney attesting to the validity and condition of the Corporation and a tradability opinion on all shares transferred
  5. Copy of Form D to the S.E.C.
  6. Resignation of all officers & directors
  7. Stock certificates representing the 80 or 90% purchased in the name(s) of the people you designate
  8. Current stock transfer records up to date of closing
  9. A Certified Audited Statement

The information contained in this outline is accurate and is intended to form a part of and be merged into the final Purchase Agreement.