Bingo Nation Inc. (fka BLTO)

[baomike]

An approved R/S that has been PR'd doesn't have a date it has to take place by and it doesn't have an expiration date.

2. Purchase and Sale and Transfer of Rights, Closing Condition



1. Purchase and Sale. Upon the terms and subject to the conditions of this Agreement, Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller, 100% of the outstanding Member Units of the Company in exchange for 87,500,000 shares of common stock of the Buyer issued to the Seller at a deemed price of $0.01 per share for a total purchase value of $875,000. The total amount of the shares issued and outstanding will be 125m shares. The Shares shall be issued as follows:

See attachment B



2. Closing. The Closing shall be before or on April 30th, 2014.

The above shares limit (125m shares.) seems to force the R/S to occur before the closing of 30 April.