PC Group, Inc. (PCGR)

[DDHOUND]

http://archive.fast-edgar.com//20140930/APZQQ22C4222D2L2222L22Z2AOKGZ2278262/


Consideration and Closing Schedule

1. Upon signing of this LOI and concurrent with the Closing Date, PCGI shall effect a name change to Superdate Inc. (or something similar based on availability) and complete a forward stock split as agreed to between the parties.

2. On the Closing Date, PCGI will acquire all of the issued and outstanding Superdate Shares in exchange for 25,000,000 million PCGI Shares.

3. Subsequent to the Closing Date, PCGI will cancel all shares held in the name of its current and former management.

4. Within 4 days of the Closing Date, PCGI shall prepare and file a “Super 8-k” filing with the audited financial statements of Superdate and announcing the divesting of the current business of PCGI and the resignation of the former directors and the appointment of the new directors.

5. Superdate shall be responsible for all costs associated with the restructuring of PCGI, including its filings, and closing and post-closing documentation upon the signing of this LOI.

6. PCGI agrees to a financing commitment for the development of the Superdate business as follows:

i. $250k on or before 12 months from the Closing

ii. An additional $350k on or before 24 months from the Closing

iii. An additional $400k on or before 36 months from the Closing