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Wednesday, 07/20/2011 7:10:31 AM

Wednesday, July 20, 2011 7:10:31 AM

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On June 30, 2011, our board of directors passed resolutions calling for our stockholders to authorize the following matters:

(i) the acquisition JBP, S.R.L. (the “ Acquisition ”) as a wholly owned subsidiary pursuant to an Asset Purchase Agreement dated August 20, 2010 , as amended (the “ Agreement ”);

(ii) an amendment to our articles of incorporation, as amended, to change our name to “ ParkVida Group, Inc.”;

(iii) an amendment to our articles of incorporation, as amended, to decrease the number of our authorized common stock from five hundred million (500,000,000) shares, par value $0.001 per share, to two hundred and fifty million (250,000,000) shares, par value $0.001, without affecting the number of issued and outstanding shares .

Resolutions (ii) and (iii) are collectively referred to herein the “ Amendments ”.

--- We anticipate that the Acquisition and Amendments will be effected on or after August 8, 2011.