On March 2, 2009, KI Equity Partners IV, LLC, a Delaware limited liability
company ("KI Equity"), Mr. Kevin R. Keating ("Keating"), Garisch Financial,
Inc., an Illinois corporation ("GFI"), Keating Investments, LLC, a Delaware
limited liability company ("Keating Investments") and BEFUT Corporation, a
Nevada corporation (the "Purchaser") entered into a Stock Purchase Agreement
(the "Purchase Agreement"), pursuant to which KI Equity, Keating and GFI
(collectively, the "Sellers") will sell to the Purchaser, and the Purchaser will
purchase from the Sellers, an aggregate of 2,176,170 shares of Common Stock (the
"Shares"), which Shares represent 51% of the issued and outstanding shares of
Common Stock. The aggregate purchase price for the Shares is $370,000, or
approximately $0.17 per share.
Immediately following the consummation of the Reverse Merger Transaction,
it is anticipated that the Company will complete a 1 for 4.07 reverse stock
split of the Company's Common Stock. The stockholders of the Company will
receive a separate information statement in connection with the proposed reverse stock split.
.17 x 4.07 = .6919 per share at least initially.