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Saturday, 05/28/2016 10:45:44 PM

Saturday, May 28, 2016 10:45:44 PM

Post# of 30925
Back OCT 1,2015 there was a "Letter of Intent" LOI between CDNL and the CHINA funder. Has anyone found a copy of this and can provide a link !!!!

I have read the SPA completely several times, looking for where it requires or requests CDNL to buy back shares with cash from funding and can't see it there.

There are 8k's stating this is required.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11363386
But it is not spelled out directly with-in the DEC 9th SPA.

What is spelled out though is CDNL will do a reverse split within 60 days after the final trance of funding. #5d Other agreements of the parties, page 15.

Under section #5e use of funds received. No comment directly spelling out a buy back. It referrers one to the LOI of Oct 1, 2015 found in exhibit A. But when you go to exhibit A in the SPA it is blank!!!

I'm looking for the Oct 1, 2015 LOI. Need help !!

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