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Re: Enterprising Investor post# 19

Friday, 12/30/2011 11:38:39 PM

Friday, December 30, 2011 11:38:39 PM

Post# of 212
BLKU and LG enter into Extension Agreement (12/27/11)

On December 27, 2011, Blink Couture, Inc. (the “Company”) entered into an Extension Agreement (the “Extension Agreement”) amending the Agreement and Plan of Merger (the “Merger Agreement”), dated November 10, 2011, with Latitude Global, Inc. (“LG”), a privately held company incorporated in Florida, and Latitude Global Acquisition Corp., a Florida corporation and a wholly-owned subsidiary of the Company (“Merger Sub”). The Company previously reported the execution of the Merger Agreement, and its intent to consummate a merger with LG and Merger Sub (the “Merger”), in a Current Report on Form 8-K filed with the Securities and Exchange Commission on November 14, 2011.

Pursuant to the provisions of the Extension Agreement, the parties have agreed to (i) extend, until February 28, 2012, the date after which either the Company or LG may terminate the Merger Agreement, if the closing of the Merger (the “Closing”) has not occurred on or before such date and (ii) if the Closing has not occurred on or before January 31, 2012, increase the principal amount of the $50,000 promissory note issuable to Regent Private Capital, LLC, currently the principal stockholder of the Company (“Regent”), by any amounts incurred by Regent, in connection with the preparation and filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended January 31, 2012, up to a maximum of $15,000 (i.e. a maximum principal amount of $65,000).

Lawrence D. Field, the Company’s sole officer and director, is also a Managing Director of Regent.

http://sec.gov/Archives/edgar/data/1378125/000135448811005200/blku_8k.htm

Extension Agreement:

http://sec.gov/Archives/edgar/data/1378125/000135448811005200/blku_ex1019.htm

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