BioStem Technologies Inc. (BSEM)

[Roberto Cabrera]

Attention: Mr, Stevan Swank

Gentlemen: Without further ado,

Graciously, The National Horse Commission governing body of equestrian sport in the country, with its head in countless Racing Avenue INVI-DOREX project, the kilometer 14 of Highway Las Americas, Santo Domingo Municipality, Santo Domingo Province ,adult, attorney, single, bearer of Identity Card and Voter No.001-1128204-2, domiciled and resident in this city .-
In relation to his communication dated April 5, 2011, on his proposal to lease the Hipodromo V Centenario, the Commission wishes to inform that now the agency is conducting a survey of all assets and liabilities of Hipodromo V Centenario, without which we could not assess the possibility of a public bid of the Hipodromo .-
Once lifted and place information in the event that the Dominican State-wise understand the lease of the Hippodrome V Centenario in bidding, we will inform the purposes of participation under the conditions established in this regard .-
say goodbye,

Sincerely,
President and vice president of the Hipodromo V Centenario