Monkey Rock Group Inc (fka MKRO)

[i-Glide]

NEWS! DAYTONA BEACH Monkey Rock USA Venue Purchase!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7730447

On February 5, 2011, Monkey Rock USA, LLC, a South Dakota limited liability company (“Monkey Rock USA”) and wholly-owned subsidiary of Monkey Rock Group, Inc.(the "Company"), entered into a real estate purchase agreement by and among Monkey Rock USA, Destination Daytona, LLC, a Florida liability company and Destination Daytona II, LLC, a Florida liability company (together with Destination Daytona, LLC, the “Sellers”) (the “Purchase Agreement”).

Subject to the terms and conditions of the Purchase Agreement, Monkey Rock USA will purchase certain parcels of land from the Sellers (the “Real Estate”) in exchange from a total purchase price of eleven million five hundred thousand dollars ($11,500,000). A list of the acquired Real Estate can be found attached to the Purchase Agreement as Schedule 1 .