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Sunday, 04/29/2012 2:24:30 PM

Sunday, April 29, 2012 2:24:30 PM

Post# of 3734
LSP Partners, LP is not listed as a legitimate entity if the state of Florida:

http://www.sunbiz.org/search.html

MASTER EXCHANGE AGREEMENT

This Master Exchange Agreement (this “Agreement”) is entered into as of March 25, 2009, (the “Effective Date”) among
Arcadia Resources, Inc., a corporation organized and existing under the laws of the State of Nevada (USA), whose principal place of business is located at 9229 Delegates Row, Suite 260, Indianapolis, IN 46240 (“Arcadia”)

LSP Partners, LP, a limited partnership organized and existing under the laws of the State of Florida, whose principal place of business is located at 10398 Gold Leaf Drive, Boynton Beach, FL 33437 (“LSP”).

(d) LSP Advance. LSP shall advance to Arcadia a loan in the principal amount of $1,000,000, and Arcadia shall issue to LSP a promissory note in respect thereof.

LSP Partners, LP
By: /s/ Aaron Lehmann, GP
Name: LSP Partners, LP
Title: General Partner
http://www.sec.gov/Archives/edgar/data/1071941/000095015209003343/k47646exv10w1.htm

The question is why isn't an entity (LSP) that loans KADR $1,000,000 not listed as a legitimate legal entity in The Florida Department Of State's Division Of Corporations data base?

Why didn't the CEO of KADR Marvin Richardson check LSP's credentials before accepting $1,000,000 from them?



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