Replies to post #4 on QKL Stores Inc. (QKLS)

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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

SECURITIES PURCHASE AGREEMENT

On March 14, 2007, the Company entered into a Common Stock Purchase
Agreement (the "Purchase Agreement") with Synergy Business Consulting, LLC (the
"Forme Capital Stock Purchaser"), pursuant to which it acquired 11,824,100
shares of outstanding Common Stock of the COmpany from an existing shareholder
in a private transaction for the purchase price of $550,000. The acquisition of
shares by the Forme Capital Stock Purchaser pursuant to the Purchase Agreement
and from the existing shareholder is collectively referred to herein as the
"Purchase".


ITEM 5.01 CHANGE IN CONTROL OF THE REGISTRANT

Upon the closing of the Purchase, the Forme Capital Stock Purchaser
acquired an aggregate of 11,824,200 shares of Common Stock, or approximately
92.99% of the issued and outstanding Common Stock, and attained voting control
of the company. The source of funds used by the Wincroft Stock Purchaser was
their respective working capital.