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Wednesday, 05/30/2012 11:30:37 PM

Wednesday, May 30, 2012 11:30:37 PM

Post# of 43991
Note 12 – Subsequent Events:

On March 15, 2012 the Company signed a Letter of Intent to acquire Global Products Holdings, Inc. ("Global") in a reverse merger transaction. Global is a fully integrated design, apparel and manufacturing company based in NYC and also is the owner of 25 retail stores in South Korea with plans of expanding its store base in both South Korea and Mainland China. The Company has set a date of May 29, 2012 to close the transaction.

On March 29, 2012 the Company signed a letter of intent with Defense Technology Corporation (“DTC”) to advise the company in the funding, capital structure, strategic planning and going public process. DTC was formed in 2007 to bring products to market in the areas of personal and collateral protection.

On May 17, 2012 the Company signed an advisory agreement with Flex Fuel Technologies, Inc. to assist the company with its strategic planning, EPA testing and budget planning for the future introduction of its products into the automotive aftermarket. The Company will also assist Flex Fuel Technologies, Inc. with its other goal of becoming a public company and expects the Company to file its registration statement with the Securities and Exchange Commission.

Could be a very nice year ahead! $PPBL

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