Silvan Industries, Inc.(fka SLVA)

[dade]

were sold: the resignation and release of the sole officer and director of the Company, such resignation to be automatically effective on the tenth day following the mailing of an information statement on Schedule 14f-1 to the Company’s stockholders announcing a change of control in connection with the Company’s planned reverse acquisition of an offshore operating company, and the designees, if any, specified by the Investor will have been appointed as officers and directors of the Company;