This STOCK PURCHASE AGREEMENT (the "Agreement") is made effective this 18th day of February 2014 (the "Effective Date") by and between the undersigned.
1. iTalk Inc. with a principal address at 2400 W. Cypress Creek Rd, #111, Fort Lauderdale, FL 33309 hereinafter to be referred to as "Seller"; and,
2. 33 Ltd., a Bermuda Exempted Company with a principal business address at New Venture House, 3 Mill Creek Road, 3rd Floor, Pembroke, Bermuda, HM05 , with business at all times outside the United States ("US"), hereinafter referred to as "Buyer.
Dynamic Systems (GXG: DSHI), the London GXG-quoted green energy company head quartered in Ontario, Canada, is pleased to announce that it has signed a finance agreement with Primary Capital Ltd (PRIM.BH), a Bermuda Publicly Traded company for $3.5 Million to fund the further development of its technology platform as it prepares for its commercial launch.
Dynamic System’s President, Al Scot commented, “We look forward to a productive relationship with Primary. This funding commitment will enable us to accelerate our time to market and provide our growing list of customers with the alternative energy technologies they have been looking for.”
Primary Capital’s Executive Vice President, Richard DiBiase added, “Dynamic Systems has a deep technology pipeline with many applications in the growing alternative energy sector. We are confident the management team will leverage these opportunities to grow the Company successfully and we are very pleased and excited to add Dynamic Systems to our family of highly rated investment opportunities.”
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