Winvest Group Ltd (WNLV)

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LOL VYEY had to amend the 8K! >

Section 8 - Other Events

The amendment is being filed to correct error as to the purchase price.

Victory Energy acquired the ownership interest in six term assignments for $1,430,000. These interests are now recorded under the Corporations name in Crockett, County Texas. This recorded interest of each term assignment is 50% of the 100% working interest and 50% of the 74% net revenue interest. 26% of the interest is set aside for royalty interest owners of each lease.

Funds for the transaction were provided by a private institutional investment group in exchange for a portion of Victory’s interest ownership in each term assignment. Currently Victory maintains 15% of the interest ownership until such time the revenues have paid back the original investment, then Victory’s interest ownership will increase to 25%.

These interests were recorded in the official records of Crockett County on May 12, 2008.