"The Registrant will acquire IGT through the exchange of shares of its capital stock for that of IGT member interests, wherein IGT would become its wholly-owned subsidiary, and IGT desires to exchange all of its member interest for that of the Registrant shares in order to become a wholly-owned subsidiary of the Registrant. At Closing, the Registrant shall exchange sixty million (60,000,000) restricted shares of the Registrant common stock in return for six hundred thousand (600,000) restricted member interests of IGT, representing 100% of the interests held by the Members of IGT."
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