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Abstract
Under the terms of the agreement, the Company will pay EUR 300,000 and issue a total of 34,350,000 shares of its common stock to the shareholders of Vitavea in exchange for all of the outstanding shares of Vitavea. In addition, Peter Hoyle, the Company's Chief Executive Officer, Chief Financial Officer, President, Secretary and Treasurer, and Lina Zhou, a former director of the Company, will transfer an aggregate of 40,650,000 shares of the Company's common stock to the principal shareholder of Vitavea at an aggregate sale price of $10,000. Closing of the Company's acquisition of Vitavea is subject to a number of customary conditions, including the completion of the Company's due diligence investigations.