Replies to post #34 on ((RAIN)) Rainmakers-Island

[The Rainmaker]

Another one .0001 but it's on the greys LBOC, why can't any of these at least be on the pinks. Not playing this grey sheets.

Form 8-K for LBO CAPITAL CORP

4-Jan-2008

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement

LBO Capital Corp., (Other OTC:LBOC grey PK), a Colorado corporation (hereinafter "LBO Capital"), signed a Definitive Agreement with Longborough Capital, PLC, a public company in the United Kingdom (hereinafter "Longborough"), to effect a merger of common stock of Longborough's subsidiaries Global Tech International, Inc., a Delaware corporation (hereinafter "GTI"), and Advanced Digital Components, Inc., a Delaware corporation (hereinafter "ADCI") into LBO Capital.

A 1 for 8 reverse split was approved by a resolution supported by a majority of the board of directors and the shareholders of LBO Capital common stock in order to effect this agreement. Under terms of the Definitive Agreement bearing an effective date of December 31, 2007, LBO Capital will issue 18,000,000 post-split "new" shares of common stock to acquire 87% of ADCI and 86% of GTI. Closing of the transaction is planned to occur during the first quarter of 2008.

After conversion of debt and after a 1:8 reverse merger is completed, shareholders of 16,100,000 old shares of LBO Capital's common stock will thereafter hold 2,012,500 new outstanding common shares. Following this reverse merger, LBO Capital will have no long term debt and 20,012,500 shares of authorized, issued and outstanding common stock.

Longborough, a developer of technologies, is continuing to position itself as a player on the global level of automotive original equipment manufacturers (OEMs) and other strategic partners. ADCI and GTI, working alongside commercial partners, can offer clients a complete, total solution package. Additionally, the merger with LBO Capital will enhance the commercial profile and status of the company while providing investors and shareholders a visible value of their investment.