iPackets International Inc. (IPKL)

[Californicator]

iPackets has retained the services of two corporate lawyers, located in Beijing, who have reviewed the draft Agreements and provided feedback to iPackets' management. In addition, the services of a professional translation company were retained to translate all Chinese legal documents to English. iPackets' management team and the Board of Directors are currently reviewing the drafts and the feedback and working diligently to finalize them. iPackets' China-based business development representative has been instrumental in facilitating the discussions with the JV partners. Merry Christmas to all